Apartment house in Vienna

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Apartment house in Vienna

2,000,000 €
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Total area: 1,023 m² Yield: 3.5%
  • Absolute return: 69,996 €
  • Percentage of the rented area: 90%

It is an apartment house in Landstrasse, Vienna.

Description

The building area is 1,023 m².

90% of the space are leased out.

Financial performance

Absolute income is 69,996 €.

THe current yield of 3,5%

Location

The most famous place in Landstrasse is Belvedere, the palace of the XVIII century, which now houses the Austrian Gallery. Other well-known places and objects are St. Marx Cemetery, the Orthodox Cathedral of St. Nicholas, the Russian Embassy and Consulate in Austria, as well as the Viennese City Park which is a popular holiday destination.

There are good opportunities for cultural entertainment: there is concert hall, Academic Theatre, Museum KunstHausWien nearby.

Offices of many companies and industrial enterprises are situated here. The district has been growing with new constructions in the recent years.

Additional information is available after signing a NDA.

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
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