It is an apartment house in Josefstadt, Vienna.
The building area is 1,481 m².
94% of spaces are leased out.
Absolute income is 40,700 €.
THe current yield of 1,8%.
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.
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%