Zinshaus - Sanierungsbedürftig mit großem Potential aufgrund der Bebauungsdichte von 0,5 - 1,5

In the center of Heiligenkreuz am Waasen stands this investment property with great potential.

The investment property is located in a prime location directly on the market square. Although it needs renovation, it could be rented out without issue due to the high demand. Currently, 2 of the four apartments as well as the café are leased on a fixed-term basis.

Renovating the building would be an interesting investment. Due to the high building density of 0.5 to 1.5, it would be possible to add another floor and thus create up to 20 apartments.

The location offers many amenities, as all important facilities are within walking distance in 2-3 minutes. Nearby there are supermarkets, a medical center, a primary school and a Neue Mittelschule, a pharmacy, a Trafik, a gas station as well as a bus stop right at the door. In addition, the sports field, the church, several inns, a bank, the police and much more are within walking distance.

Heiligenkreuz am Waasen is a rapidly growing municipality in the northernmost part of the Leibnitz district with about 2850 inhabitants. Graz, the state capital, can be reached by bus, which runs every 30 minutes, in only 20 minutes.

Are you considering selling your property? We do this daily! Free and non-binding market value assessment! Call now: Mr. Christian Stermschegg, MBA - Tel. 0676/52 16 150

Visit us at the Einkaufs - Center WEST Graz Webling!

Additional costs when buying real estate in Austria

• Real estate transfer tax (3,5 % of the consideration = usually of the purchase price)
• Land registry entry fee for the conveyance of ownership rights (1,1 % of the purchase price)*
• Contract drafting costs (in accordance with the agreement with the lawyer or notary, depending on complexity and liability risk)
• Costs for the notarial authentication of the purchase agreement and, if applicable, of the mortgage deed
• Application fees for the land registry application and, if applicable, at the land transfer authority etc.
• Where applicable, land registry fee for the entry of the pledge right (1,2 % of the pledge amount)*
• Where applicable, loan agreement fees in accordance with the loan agreement with the financing bank
• Brokerage commission: 3 % of the purchase price plus 20 % VAT

*On 20.3.2024 a temporary exemption from the registration fee for the ownership right and for the pledge right was decided for residential properties. The prerequisites for this follow from the future §§ 25a to 25c GGG (Gerichtsgebührengesetz).

Information according to legal requirements:

Heating energy demand: 274.0 kWh/(m²a) Class of heating energy demand: G Class of overall energy efficiency factor: E