Serviced Apartments Project Vienna 9

This approved Serviced-Apartments project in Vienna 9., Alsergrund, offers 21 units with 800 m² usable area and capacity for 57 beds. The property is designed as a yield object and is in an advanced development stage with building permit since 12/2024. It is an old building requiring partial to full renovation, fully developed and with solid construction. Over 800,000 € have already been invested in planning, demolition, climate system and HKLS. The facility combines residential and commercial use for aparthotel operation without reception.

The project comprises 21 rooms on 3 floors with approved capacity from 01/2025. It is offered as a Share Deal with long-term building rights until 2106 from Stift Klosterneuburg at 90,000 € p.a. rent. Energy efficiency shows class C for heating demand and F for building class. The location in Alsergrund ensures excellent accessibility to all amenities within 500 m.

Highlights

• Already approved Serviced-Apartments project without risk
• Advanced status with high pre-investments
• Long-term building rights until 2106
• 21 units, 800 m² usable area, 57 beds
• Excellent infrastructure in Vienna 9., Alsergrund
• Solid construction, fully developed
• Attractive yield potential through market positioning

Location & Surroundings

The location in the heart of Vienna 9., Alsergrund, offers optimal infrastructure. Within 500 m you reach doctor, pharmacy, clinic, school, kindergarten, university, supermarket, bakery, bank, post and public transport like U-Bahn, bus and tram. A shopping center is under 2 km away, as is the motorway connection. Train station and police are also within 500 m. This creates ideal conditions for aparthotel operation.

Additional Information

• Purchase price: 5.7 Mio. € (Share Deal)
• Book value: approx. 2.7 Mio. €
• Building rights rent: 90,000 € p.a.
• Energy certificate: HWB C, FG C