Renovation required apartment with development potential

Live, renovate or rethink – plot with potential

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

There is a house in need of renovation on the plot, opening up various possibilities for new owners: from comprehensive renovation and individual redesign to examining the possibilities of a new build.

The property is therefore aimed both at owner-occupiers with vision and at buyers who wish to develop the existing plot over the long term.

The highlights at a glance

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

A property for people with ideas

The existing building stock offers the opportunity to redesign the property entirely according to one's own ideas.

Anyone wishing 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 for examining future use and development.

Here, you are not merely buying a house – you are acquiring the opportunity to create something new.

Development potential as a particular added value

With this property, its value should not be assessed exclusively on the basis of the existing house.

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

Depending on the building-law framework, different concepts may be of interest. Subject to review by the competent authorities and a specific construction project, the following are conceivable, for example:

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

The specific developability and permitted use must be clarified as part of the prospective buyer's examination or by a specialist planner and the competent authorities.

Our conclusion

This property is an interesting opportunity for buyers who are not simply looking for a finished house, but recognize potential and wish to shape it themselves.

The existing building in need of renovation opens up the possibility of a comprehensive redesign. At the same time, the plot offers an exciting foundation for developing a contemporary residential concept.

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

Enquiries:

Please note that, due to our obligation to provide proof to our clients, we can process enquiries exclusively when your complete details are provided (name, address, Tel. No. e - mail address). We also point out that we work strictly in accordance with the FAGG guidelines applicable since June 2014.

We inform you that we perform a dual-agency activity for this property. (§ 5 para. 3 MaklerG). We also point out an economic or personal close relationship with the seller.

Additional costs:

• 3,5% real estate transfer tax
• 1,1% land register registration
• 3,0 % brokerage commission plus 20% VAT.
• Contract preparation by agreement

It is pointed out that the data provided is based on information from the seller or third parties (e.g. authorities), meaning that no guarantee can be assumed for its accuracy and completeness!

Information according to legal requirements:

• Heating energy demand:225.2 kWh/(m²a)
• Heating energy demand class:F
• Total energy efficiency factor:3.07
• Total energy efficiency factor class:E