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Apartment house in Vienna with a 2,7% yield

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Apartment house in Vienna with a 2,7% yield

6,000,000 €
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Total area: 2,085 m² Yield: 2.7%
  • Absolute return: 161,112 €
  • Renter: 91%

It is an apartment house in Wieden, Vienna.

Description

The building area is 2,085 m².

91% of the space are leased out.

Financial performance

Absolute income is 161,112 €.

THe current yield of 2,7%

Location

Wieden borders the 1st district and belongs to the oldest part of Vienna. This small district is popular among buyers for permanent residence. Wieden is located in one of the central areas, but, nevertheless, rents here are lower than in the inner city. The boundary with the 1st district runs along the Karlsplatz. Thus church Karlskirche and the Technical University situated nearby wholly belong to the 4th District.

Wieden is one of the most coveted addresses. Homebuyers are attracted with modern residential complexes, elegant restaurants and trendy boutiques. For centuries Wieden attracts artistic and cultural elite such as the composers Mozart and Schubert.

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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Natalya Latikova
Natalya Latikova
Real Estate Expert Tranio in Vienna
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