Apartment house in Vienna

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Apartment house in Vienna

4,300,000 €
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Total area: 2,117 m² Yield: 3.1%
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Features
  • Operating Incomе: 134,640 €
  • Occupancy: 93%

It is an apartment house in Josefstadt, Vienna.

Description

The building area is 2,117 m².

93% of spaces are leased out.

Financial performance

Absolute income is 134,640 €.

THe current yield of 3,1%.

Location

Josefstadt is the smallest district in the city. It is popular among intellectuals and artists. Although generally we can say that the Josefstadt is attractive to all kinds of people: for traditional Viennese bourgeoisie and for the well-known journalists and politicians who often meet in the local Café Eiles. The University of Vienna with a lot of students is in the close proximity to the area.

Because of its proximity to City Hall the majority of mayors of Vienna lived in Josefstadt. In addition, the current President of Austria Heinz Fischer lives in the area on Josefstädterstraße.

Because of the small area and dense housing new construction in the Josefstadt is not developed, but the renovation of the former popular commercial areas that are converted to lofts is popular.

Additional information is available after signing a NDA.

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Irina Kunitsyna
Irina Kunitsyna
Real Estate Expert Tranio in Vienna
+44 20 3608 1267
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