Subsidized cooperative housing Rent with purchase option INDIVIDUAL FINANCING POSSIBLE

Subsidized cooperative housing - rent with purchase right

A portion of the financing contribution may be deferred!!!

50% of the financing contribution upon signing the lease agreement - the remaining amount can be deferred for 3 years at 1,00% p. a.

In 2842 Edlitz, Markt 32, a residential complex with 24 apartments, spread over two stairwells and six townhouses, was built on rent with purchase right. The apartments and townhouses were built in low-energy construction with controlled ventilation and heat recovery. Heating and hot water preparation is provided by air-to-water heat pumps in connection with photovoltaic systems.

The ground-floor apartments and townhouses were assigned private gardens with terraces. The remaining apartments have balconies. Each housing unit receives a parking space with carport. Each townhouse additionally has an outdoor parking space. At the tenant's request and at the tenant's expense, each assigned parking space under the carport can be equipped with a charging socket for an electric car.

All stairwells of the multifamily residential buildings were built to be barrier-free and equipped with passenger elevators. In addition, there were storage rooms for bicycles and prams as well as drying rooms available. The public playground is located directly next to the residential complex.

In the market town of Edlitz there are various schools, a state kindergarten and a music school association. In addition, the town offers excellent infrastructure and everyday provisions as well as doctors, businesses and an active club life. With the motorway connection to the A2, as well as rail and bus traffic there is also a very good connection to the public transport network.

This residential complex was subsidized by the State of Lower Austria! Tenants must meet the funding criteria and establish their primary residence here.

Rent with Purchase Right

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

The following units are available:

Top 1-3

Living area: 55,44 m²

Private garden: 77,30 m²

Financing contribution: € 43.705,97

Rent: € 586,84

The cost of the car parking space is included in the monthly rent.

The rent consists according to § 14 WGG of:

•  Capital repayment + interest – subsidized loan
•  Annuitet (capital repayment+interest minus temporary subsidy) of the mortgage loan used to finance the apartment or use of own funds by a nonprofit housing association
•  Annuität (capital repayment+interest) of a non-subsidized mortgage loan
•  Ground lease interest in the case of the grant of a ground lease, interest for the provision of the building land
•  Maintenance and improvement contribution charged for maintenance and improvement work on the housing complex
•  Reserve 2% of the above-mentioned remuneration components
•  Value-added tax on the rent and on 1% of the financing contribution per year (Verwohnung)

Operating costs (advance)

The nonprofit housing association will initially, in the role of property owner (landowner) and administrator, estimate the operating cost expenditures associated with the property per calendar year in advance and bill them in monthly installments. The operating costs include, in particular:

•  Public charges (sewer, waste, water tax, property tax)
•  Insurance costs (fire, liability, water supply and storm damage insurance, each at replacement cost)
•  General electricity costs (stairwell, basement, exterior lighting)
•  Costs of maintaining and preserving the general outdoor facilities (e.g., playgrounds, green spaces, rubbish areas, etc.)
•  Chimney sweep fee
•  Where applicable costs of an elevator system, etc.
•  In the operating cost account the costs of house maintenance (stairwell cleaning, winter service, lawn care) are not included. Depending on the assignment of these tasks (one or more persons, possibly also a company) these costs are variable.

Housing allowance (dependent on family income) possible.

For inquiries and viewing please contact me at the phone number 0664 / 621 20 58, of course.

Our information is provided based on the information and documents which were made available to us by the grantor or its agents and is without warranty.

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

The real estate agent declares that he – contrary to the usual business practice in the real estate industry of a double broker – acts exclusively for the landlord.