Apartment building with lake view and garden in Millstatt

Apartment house above Millstatt – 7 units + operator apartment | tourist rental | renovated

An apartment house in Matzelsdorf near Millstatt on a plot of approximately 2,798 m² is for sale. The property comprises seven tourist apartments as well as a separate private or operator apartment and is in ongoing operation.

The building was originally constructed in 1966 and extended in 1974. In 2023 a comprehensive renovation and complete new furnishing of the apartments took place. The interior is ready for operation and geared to the requirements of tourist rental. Some remaining work in the interior and exterior areas gives the new owner the opportunity to set their own accents and complete the renovation according to personal ideas – a successful combination of already completed quality work and individual design scope.

The holiday apartments are fully equipped and, depending on the location, have balconies, some with a view of Lake Millstatt, or terraces with direct access to the garden. The booking process is largely digital via a Nuki access system, enabling flexible organisation and efficient handling of ongoing operations.

In 2025 approximately 1,380 overnight stays were achieved, whereby operations were restricted due to an approximately three-month façade renovation. From 2026 an unrestricted full operation is possible for the first time, which could significantly increase occupancy and earnings power again.

The award of „3 Edelweiß Superior“ by the Private Landlord Association Carinthia stands for an above-average well-maintained, uniformly equipped and high-quality accommodation in the mid-range segment. The additional designation „Superior“ characterises establishments that are above the usual standard within this category.

Through the combination of tourist use and a separate operator apartment the property is suitable both for owner-occupiers with rental intentions and for investors. The existing structure provides a solid basis for continuing and developing the business.

Upon request it is possible to take over the ongoing tourist rental including existing structures, enabling a seamless transition and immediate income.

Thanks to the proximity to Millstatt, Spittal an der Drau and Lake Millstatt the tourist rental potential is excellent. The demand for modern, high-quality accommodation near the lake remains consistently high and ensures reliable occupancy and attractive yield prospects.

The region around Lake Millstatt is one of the most stable real estate locations in Carinthia. The limited supply of building plots, the high quality of life and the continuous development of the tourist offer ensure long-term value stability.

Please note that only enquiries with complete contact details will be processed. In this case I will be happy to provide you with further information. I look forward to your enquiry!

The agent is acting as a dual agent.

Infrastructure / Distances

• Health
  • Doctor <5.150m
  • Pharmacy <1.650m
• Children & Schools
  • School <4.700m
  • Kindergarten <4.725m
• Local amenities
  • Supermarket <1.200m
  • Bakery <1.475m
  • Shopping centre <9.425m
• Other
  • Bank <1.625m
  • ATM <1.625m
  • Post office <5.225m
  • Police <5.375m
• Transport
  • Bus <575m
  • Motorway access <6.300m
  • Train station <4.875m

Distance information as the crow flies / Source: OpenStreetMap