Commercial Living - modern apartment house in Wien-Meidling

This offer represents a rare opportunity for investors: For sale is a fully equipped lodging facility for short-term rental – ideally positioned to benefit from the growing market for city tourism and business travelers.

The existing income property is being transformed into a contemporary apartment building through a two-story attic conversion, a modern annex, and extensive renovation and remodeling works. It meets the requirements of current hospitality concepts and offers 48 rooms with a total of 80 beds. The building also houses a commercial space and 2 offices.

With the planned reclassification after the completion of the office units, additional rental potential arises: 1 single room, 1 double room, 1 quadruple room. This will increase the total capacity to 51 rooms/87 beds (no guarantee).

Construction is planned to begin in spring 2026. Planned completion end of 2027 / early 2028.

A building permit is available.

Currently fixed-price contracts with terms of 5 to 10 years are being negotiated with potential operators.

The complete furnishings (bed, wardrobe, etc.) are included in the purchase price; the sampling is coordinated with the buyer.

Purchase price: € 11.250.000,00, plus VAT.

Payment modalities of the purchase price

• 1. after handover (bank guarantee required)
• 2. in installments according to construction progress.

In both variants, the advance payment is made by the seller; the buyer is thus protected.

The usable floor area is divided across 6 levels as follows:

• Ground floor with a supermarket leased on an indefinite term
• First and second upper floors with 4 single and 8 double rooms each
• Third upper floor with 3 single and 6 double rooms; 2 offices in the courtyard wing of the attic, which after completion can be converted into 1 single, 1 double and 1 quadruple room (non-binding)
• First attic floor with 3 single and 6 double rooms
• Second attic floor with 2 single and 4 double rooms

In the basement are technical and storage rooms

Single rooms are about 9-12 m², double rooms about 15-20 m²

The commercial space on the ground floor is leased to a supermarket on an indefinite term.

The current net rent is € 5.796,72/month, thus € 69.560,64/year.

Energy values for the ground floor are approx. HWB: 111 kWh/m²a, fGEE: 1.22

Location:

The location is ideal for the planned use: in immediate proximity to Wien-Meidling station with excellent connections to the U-Bahn, S-Bahn, regional trains, tram and numerous bus lines. The connection to the city center takes about 20–25 minutes; there are direct connections with the S-Bahn to Wien-Mitte and to the main station as well as with bus and tram lines to Opera/Karlsplatz. In short: an optimal, fast and convenient accessibility to Vienna's city center and the surrounding area.

We would like to point out that inquiries can only be answered with complete data and information on sufficient creditworthiness. We ask for your understanding in this matter.

Please note that there is a familial or economic close relationship between the broker and the third party being brokered.

The broker operates as a dual agent.