Development property in the Villach Old Town

Investment property – residential and commercial building with great development potential in Villach

Condominium ownership shares in an investment property in the historic town centre are offered for sale. The residential and commercial building is situated on a plot of approximately 466 m² and has a potential usable floor area of approximately 598 m².

There are currently two existing commercial premises on the ground floor. Four apartments are located on the first upper floor; they need to be adapted and renovated.

The existing unfinished attic is particularly interesting. There is an opportunity to create six maisonette apartments here and thereby develop additional living space.

The property therefore offers an interesting combination of existing commercial use, existing apartments and additional expansion potential in the attic. Through the planned or possible renovation and adaptation of the existing units, the entire building can be repositioned and used as a residential and commercial building in the long term.

The property is therefore particularly suitable for investors, property developers and project developers looking for a property with an existing structure and additional development potential in Villach.

The project is already in the approval process.

Further information is available upon request or in a personal meeting.

Offered at € 595,000,- (if applicable plus 20 % VAT.)

Please note that, due to the obligation to provide proof to the owner, we can only process enquiries containing complete details of the name and address.

The agent is acting as a dual agent.