Income property/Attic expansion possibility Airbnb use

The corner building, which is in a very good overall condition and is located in a perfect location in the 12th district. The property consists of a total of 29 units, which have a total area of 434 m² according to the land register. The usable residential area is approx. 1381.66 m².

A particular highlight is the attic, for which planning for construction (already expired) for approximately 325 m² of usable residential area plus terraces is already available. All 29 residential units have been completely renovated and are currently being successfully rented as AirBnB until the end of June 2025.

Overall, the property presents itself as a lucrative investment opportunity with high potential. The location, the good condition and the possibility of expansion make this property an attractive option for future investors.

General information:

• Plot area: 434 m²
• Usable residential area approx. 1,381.66 m²
• Attic approx. 325 m² plus terrace area suitable for expansion (building permit already expired), it is necessary to submit a new building application!
• Gross floor area levels: basement, ground floor, 1st floor, 2nd floor, 3rd floor, 4th floor
• Current condition: Airbnb/apartment building

Deviations in the stated areas within the meaning of the Surveying Ordinance are possible. Errors, changes, typesetting and printing errors reserved.

Purchase price: EUR 6.500.000, -- without building permit

Additional costs:

• Real estate transfer tax: 3.50 % of the purchase price
• Registration fee: 1.10 % of the purchase price
• Contract preparation costs and escrow trustee fee: 1.5 % of the purchase price plus 20% VAT and cash expenses
• Brokerage commission: 3 % of the purchase price plus 20% VAT.
• We expressly point out our economic close relationship with the seller!

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 informing them of the generally applicable obligation to submit one and requesting 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.

We point out that there is a family or economic close relationship between the broker and the third party to be mediated.

The broker is acting as a dual agent.