Subsidized cooperative housing with purchase option from German title translation? please adjust wording to faithful translation? No; keep exact translation as below: Subsidized cooperative housing with purchase option? yes, but not include question mark. Wait: The assistant must provide accurate translation.

Subsidized cooperative housing in Geras

A modern housing project with a high quality of life in the center of Geras, Hauptstraße 13.

Geras combines idyllic rural life, cultural diversity and an intense nature experience – a beautiful place to live!

At Hauptstraße 13 in Geras, an attractive residential complex with only 12 units is being built. The selection includes 2- to 4-room apartments with living areas of 53 to 94 m². All apartments impress with a well-thought-out floor plan and generous outdoor spaces – whether balcony, terrace with private garden or terrace with roof garden.

Special emphasis is placed on sustainable construction. The building will be constructed in low-energy building design and equipped with district heating connection, photovoltaic system and controlled residential ventilation with heat recovery. For a pleasant living climate the efficient underfloor heating ensures.

Each housing unit is allocated 1 to 2 outdoor parking spaces, prepared with a sleeve conduit for a later E-charging station. Comfortable details such as an elevator for barrier-free access, a private storage room per apartment, and externally accessible storage for strollers and bicycles round out the offering.

The allocation takes place within the framework of the subsidized rental model – housing subsidy possible. In addition there is the option to purchase the apartment at a later date. Completion and handover are expected in the fourth quarter of 2026.

Geras is located in the northern Waldviertel in Lower Austria, in the Horn district. The town municipality counts around 1,250 inhabitants and offers a quiet, naturnahe living environment with a high quality of life. The address Hauptstraße 13 is centrally located in the town center – in direct proximity to a school and kindergarten and within walking distance to municipal infrastructure.

This residential complex was funded with federal funding! Tenants must meet the funding criteria and establish their main residence here.

Rental with purchase option

Completion: expected in the fourth quarter of 2026

With payment of the financing contribution you acquire the option to purchase the rented dwelling unit.

The following units are available:

• W01
  • Living area: 94,66 m²
  • Private garden: 81,16 m²
  • Financing contribution: € 34.000,00
  • Rent: € 992,50
• W02
  • Living area: 79,43 m²
  • Private garden: 132,35 m²
  • Financing contribution: € 29.000,00
  • Rent: € 872,27
• W03
  • Living area: 56,91 m²
  • Private garden: 77,86 m²
  • Financing contribution: € 21.000,00
  • Rent: € 611,27
• W04
  • Living area: 55,52 m²
  • Financing contribution: € 16.000,00
  • Rent: € 548,29
• W05
  • Living area: 71,26 m²
  • Financing contribution: € 25.000,00
  • Rent: € 694,44
• W06
  • Living area: 62,80 m²
  • Financing contribution: € 18.000,00
  • Rent: € 607,46
• W07
  • Living area: 54,67 m²
  • Financing contribution: € 15.000,00
  • Rent: € 541,79
• W11
  • Living area: 81,56 m²
  • Financing contribution: € 28.000,00
  • Rent: € 916,89

For each vehicle parking space an additional € 20,00 is added to the rent.

Housing allowance (depending on family income) possible.

In the rent are operating costs, maintenance and improvement contributions, administration costs and VAT included. Energy costs, such as electricity, heating and hot water are billed directly with the operators.

Operating costs: The non-profit building association will initially act as property owner (building entitled) and administrator and will estimate the operating cost expenditures for the property per calendar year in advance and bill in monthly installments. The operating cost expenditures include in particular: Public charges (sewer, garbage, water, property tax), insurance costs (fire, liability, water supply and storm damage insurance at replacement value), general electricity costs (stairwell, basement, exterior lighting), costs for care and maintenance of the general exterior facilities (e.g., playgrounds, green spaces, waste areas, etc.), chimney sweep fee, possibly costs of a lift system, etc.

In the operating cost account the costs of building management (stairwell cleaning, winter service, lawn care) are only considered as an estimate. Depending on the assignment of these tasks (one or more persons, possibly also a company) these costs vary.

For questions and viewings I am available at the phone number 0664 / 621 20 58.

Our information is based on the information and documents provided to us by the seller or its representatives and is without warranty.

Your real estate dreams. Our goal! www.realbrokers.at

The real estate agent explains that he – contrary to the usual practice in the real estate industry of dual agency – acts solely for the landlord.