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A large investment project with a good in the 1st district in Vienna

8,700,000 €
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Total area: 1,686 m² Yield: 2.0%
  • Absolute return: 252,000 €
  • Percentage of the rented area: 100%

Description

The facility includes a pharmacy, a hotel, a boarding house, an office, a restaurant and an apartment, which was originally planned for a concierge guard. This apartment can be converted for office.

All areas, except for the apartments, rented out.

The income is around 21,000 euros a month.

Purchase costs regulated by law

  • Transfer tax 3.5%
  • Agent commission 3.6% (incl. VAT), for buy-to-let investors 3%
  • Registration fee 1.1%
  • Legal fees 1.2–2.4% (incl. VAT), for buy-to-let investors 1–2%

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Vienna
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