Townhouse in Friesach with 4 apartments and a commercial premises, gross yield 10 %

Welcome to a unique investment opportunity in the charming town of Friesach, Carinthia – a building with rental units that offers you not only a solid return, but also attractive appreciation in one of Austria’s most sought-after regions.

This spacious income property with a total area of 386 m² presents itself as an ideal capital investment for savvy investors. The purchase price of € 225,000.00 gives you the opportunity to invest in a largely renovated property that impresses with its potential and well-designed layout. In the medium term, only the façade would need to be renovated; otherwise, the property is in very good condition. The four rental apartments were built in 1993.

The building dates back to the 18th century, is a listed monument and impresses with its solid construction and classic gabled roof, which ensure a sound structure and longevity. The building is heated efficiently and in an environmentally friendly manner via district heating, which ensures low operating costs in the long term.

With a total of four fully rented apartments ranging in size from 43 m² to 98 m² and a completely renovated commercial space of approx. 125 m² (currently not yet rented), a gross yield of 10 % can be achieved when fully rented. The standard rent rate applies to the rental of the apartments.

A particular highlight is the enclosed and quiet courtyard, which can be used by the tenants and also serves as a substitute for basement compartments.

Take advantage of the opportunity to invest in an income property that impresses with its charm, excellent location and diverse usage options. Whether as a long-term investment or for immediate rental – this building with rental units in Friesach is an investment that pays off.

Do not miss this opportunity and secure this attractive income property in Carinthia. Contact us today for further information and an on-site viewing!

Notice pursuant to the Energy Performance Certificate Submission Act: An energy performance certificate has not yet been submitted by the owner or seller, despite our having informed them about the generally applicable obligation to submit one and having requested its preparation. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is deemed to have been agreed. We assume no guarantee or liability whatsoever for the actual energy efficiency of the property offered.

The agent is acting as a dual agent.