Renovation apartment with development potential

Living, renovating or rethinking – plot with perspective

This property in Baden bei Wien offers an interesting combination of plot, existing residential building and development potential.

On the plot there is a house in need of renovation, which opens up various possibilities for new owners: from comprehensive renovation and individual redesign to examining the possibilities of a new build.

Thus the property is aimed both at owner-occupiers with a vision and at buyers who want to develop the existing plot in the long term.

Highlights at a glance

• Attractive location in Baden bei Wien
• Plot with existing residential building
• House in need of renovation – ideal for individual design
• Interesting potential for a contemporary redevelopment
• Good conditions for owner-occupiers and project-interested parties
• Baden combines high quality of life with proximity to Vienna
• A property with substance and perspective

A property for people with ideas

The existing building stock offers the possibility to redesign the property entirely according to your own ideas.

Those who want to preserve the charm of an existing house can use the renovation as an opportunity to create an individual home. For buyers with a stronger development focus, the plot in particular offers an interesting starting point to examine future use and development.

Here you do not just buy a house – you acquire the opportunity to create something new.

Development potential as a special added value

For this property, the value should not be assessed solely on the basis of the existing house.

The decisive factor is the combination of plot and future usage possibilities.

Depending on the legal planning framework, different concepts may be of interest. Conceivable are – subject to review by the competent authorities and a concrete construction project – for example:

• Renovation and modernization of the existing house
• New construction of a modern single-family house
• Examination of a denser or alternative development
• Development of an individual residential project

The concrete buildability and permissible use are to be clarified in the course of the purchaser review or by a specialist planner and the competent authorities.

Our conclusion

The property is an interesting opportunity for buyers who are not simply looking for a finished house, but who recognize potential and want to design themselves.

The house in need of renovation offers the opportunity for a comprehensive redesign. At the same time, the plot offers an exciting basis for the development of a contemporary housing concept.

A property with potential – for people who want to make something special out of a good starting position.

Inquiries:

Please note that due to our duty to provide evidence to our clients we can only process inquiries that provide your full details (name, address, telephone number, e - mail address). We further point out that we strictly adhere to the FAGG guidelines applicable since June 2014.

We inform you that we act as double agents for this object. (§ 5 Abs. 3 MaklerG). We also point out an economic or personal close relationship to the seller.

Additional costs:

• 3,5% real estate transfer tax
• 1,1% land register entry
• 3,0 % brokerage fee plus 20% VAT
• Contract drafting by arrangement

Please note that the information provided is based on information from the seller or third parties (e.g. authorities), so no guarantee can be given for its accuracy and completeness!

Note pursuant to the Energy Performance Certificate Presentation Act: An energy performance certificate has not yet been submitted by the owner or seller, after we informed them about the generally applicable obligation to present it and requested its preparation. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is considered agreed. We accept no warranty or liability for the actual energy efficiency of the offered property.