Subsidized Cooperative Apartments with Purchase Option

Subsidized cooperative apartments in Geras

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

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

An attractive residential complex with only 12 units is being built at Hauptstraße 13 in Geras. 2- to 4-room apartments with living areas from 53 to 94 m² are available. All apartments impress with a well-thought-out room concept and generous outdoor areas – whether balcony, terrace with private garden or terrace with rooftop garden.

Particular emphasis is placed on sustainable construction. The building will be constructed using low-energy standards and equipped with a district heating connection, photovoltaic system and controlled residential ventilation with heat recovery. Efficient underfloor heating ensures a pleasant indoor climate.

Each residential unit is assigned 1 to 2 outdoor PKW parking spaces, which are prepared with empty conduits for a later E-charging station. Comfortable details such as a passenger elevator for barrier-free access, a separate storage room for each apartment and externally accessible storage facilities for prams and bicycles round off the offer.

Allocation takes place במסגרת the subsidized rental model – housing allowance possible. There is also the option of purchasing 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 municipality has around 1,250 inhabitants and offers a quiet, nature-oriented residential environment with a high quality of life. The address Hauptstraße 13 is centrally located in the town center – in direct proximity to the school and kindergarten and within walking distance of the municipal infrastructure.

This residential complex was subsidized with federal funding! Tenants must meet the subsidy criteria and establish their principal residence here.

RENTAL with RIGHT TO PURCHASE

Completion: expected 4th quarter of 2026

By paying the financing contribution, you acquire the option to purchase the rented residential unit.

The following residential units are available:

• W01
  • Living area 94,66 m²
  • Private garden: 81,16 m²
  • Financing contribution: € 34.000,00
  • Rent: € 992,50
• W 04
  • Living area 55,52 m²
  • Financing contribution: € 16.000,00
  • Rent: € 548,29
• W 05
  • Living area 71,26 m²
  • Financing contribution: € 25.000,00
  • Rent: € 694,44
• W 06
  • Living area 62,80 m²
  • Financing contribution: € 18.000,00
  • Rent: € 607,46
• W 07
  • Living area 54,67 m²
  • Financing contribution: € 15.000,00
  • Rent: € 541,79
• W 8
  • Living area 53,50 m²
  • Financing contribution: € 21.595,24
  • Rent: € 482,52

€ 20,00 will be added to the rent for each KFZ parking space

Housing allowance (dependent on family income) possible.

The rental costs include operating costs, maintenance and improvement contribution, administration costs and VAT. Energy costs, such as electricity, heating and hot water, are settled directly with the operators.

Operating costs: Initially, in its capacity as property owner (holder of the building lease) and administrator, the non-profit housing association will estimate the operating cost expenses associated with the property in advance for each calendar year and charge them in monthly installments. The operating cost expenses include in particular:

• Public charges (sewer, waste, water fee, property tax)
• Insurance expenses (fire, liability, mains water and storm damage insurance, each at replacement value)
• General electricity costs (stairwell, cellar, outdoor lighting)
• Costs of servicing and maintaining the general outdoor facilities (e.g. children’s playgrounds, green areas, waste collection areas and the like)
• Chimney sweep fee
• Any costs of an elevator system, etc.

The operating cost advance only includes an estimate for the costs of property services (stairwell cleaning, winter service, maintenance of green areas). Depending on the commissioning of this work (one or more persons, possibly also a company), these costs are variable.

I will of course be happy to assist you with any questions and viewings at Tel. No. 0664 / 621 20 58.

Our information is based on the information and documents provided to us by the seller or their representative and is without guarantee.

Your real estate dreams.

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The real estate agent declares that, contrary to the dual agency practice customary in the real estate industry, he acts exclusively on behalf of the landlord.