Investment opportunity in Graz outskirts – residential house with long-term value potential

This attractive single-family house unites solid construction quality, versatile usage possibilities and a good Graz outskirts location into an interesting investment opportunity.

The property, built in 1962 in solid brick construction, was comprehensively renovated in 2005 and presents itself as a well-maintained property with a thoughtful room layout totaling approximately 143 m² of living space. As part of the comprehensive renovation, among other things, the sanitary facilities, the roof covering, the heating, the electrical wiring, the windows and doors as well as the floors were renewed.

The room offer currently includes two separate residential units. On the ground floor there is an approximately 74 m² residential unit with its own kitchen, bathroom and WC. Additionally, on this level there is an approximately 8 m² technical or storage room. The upper floor offers another approximately 69 m² residential unit. This level is complemented by a generous terrace of approximately 17 m², which provides additional outdoor space and a pleasant extension of the living area.

The plot with approximately 585 m² of building land offers a pleasant outdoor area and additional practical usable spaces. In 2018 a garden house with storage room as well as carports with a total of approximately 22 m² were erected. Another small metal storage box provides additional storage space for garden tools and other utensils. The combination of two separate residential units, plot area and existing ancillary spaces enables versatile use of the property.

Also in technical terms, the property was comprehensively modernized as part of the comprehensive renovation in 2005. The heating of the house is provided by an oil heating system via radiators. The solid brick construction as well as the renovation measures already carried out form a solid basis for the long-term preservation of the property.

The property is being sold as an attractive investment object and is associated with a right of residence for the current owners. This offers investors the opportunity to invest today in a property on the outskirts of Graz with long-term value appreciation potential.

Location

• • approx. 5 minutes by car to the Graz-Puntigam transport hub
• • approx. 5 minutes by car to Center West with numerous shopping and leisure opportunities
• • approx. 5–10 minutes by car to ShoppingCity Seiersberg
• • approx. 5–10 minutes by car to the A2 and A9 motorway junctions
• • approx. 10 minutes by car to Graz Airport
• • approx. 15 minutes by car to the center of Graz

This location thus offers a successful combination of quiet living on the outskirts of Graz and immediate proximity to urban infrastructure.

Price explanation

The determined factual value of the property is around € 1.094.000,00.

Due to the lifelong right of residence of the current owners, its value was taken into account in the purchase price determination:

• Factual value of the property: € 322.320,00
• Value of the lifelong right of residence: € 82.320,00
• Purchase price: € 240.000,00

The purchase price therefore already takes into account the value of the existing right of residence and offers the opportunity to acquire this exclusive property as a long-term capital investment at a significantly reduced entry price.

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