Investment property in Vienna - guesthouse in Nußdorf for sale

For sale is a charming property in need of renovation, currently operated as a guesthouse, in an attractive location in Vienna’s 19th municipal district, at the foot of the Nussberg.

The property is located in a historic building dating from 1922 and features distinctive architectural elements such as groin vaults, as well as a private courtyard of approx. 37 m².

Property overview

• approx. 175 m² usable floor space
• 5 guest units, individually accessible
• approx. 10 beds + 3 sofa beds
• Reception area and office
• Kitchen, bathrooms and WC
• Storage and archive areas
• private courtyard approx. 37 m²
• existing use as a guesthouse / accommodation business
• technical modernizations in 2015, including electrical installation, windows, doors, ventilation and electric heating

Location

The guesthouse is located in Nussdorf, in the immediate vicinity of Vienna’s vineyards, wine taverns, the Danube and popular leisure activities.

• Nussdorf railway station approx. 3 minutes on foot
• D tram line
• good connections towards the city centre
• shops, restaurants and leisure facilities in the immediate vicinity

Due to severe rainfall events and flooding in 2024, water damage occurred on the ground floor.

The need for renovation must be taken into account in the investment decision. The scope and costs of the required measures must be assessed as part of a technical inspection or due diligence. The property is therefore being offered transparently with this known need for renovation.

Investment potential

The existing guesthouse structure offers an investor the opportunity to continue operating the accommodation business, renovate it and reposition it.

The combination of an established location in Döbling, existing accommodation use, five guest units and the distinctive historic character makes the property an interesting investment opportunity.

Ongoing costs

Operating costs incl. VAT: € 491,40 / month
Repair reserve: € 741,00 / month

Purchase conditions

PURCHASE PRICE: € 1 300 000

Brokerage commission: 3 % of the purchase price plus 20 % VAT.

An interesting opportunity for investors and operators to take over an existing guesthouse in one of Vienna’s most attractive locations and reposition it after renovation.

All information subject to review of the original documents, approvals and official requirements.