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Apartment house in Vienna with a 1,8% yield

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Apartment house in Vienna with a 1,8% yield

825,000 €
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Total area: 550 m² Yield: 1.8%
  • Absolute return: 15,228 €
  • Renter: 86%

It is an apartment house in Alsergrund, Vienna.

Description

The building area is 550 m².

86% of spaces are leased out.

Financial performance

Absolute income is 15,228 €.

THe current yield of 1,8%.

Location

Alsergrund is a student district, which has the largest number of academic buildings and student dormitories in Vienna.

There are Alsergrund Vienna Agricultural University, a number of departments of the Vienna University of Vienna Medical University (the largest medical university in the German-speaking countries) and the famous French high school Lycée Français de Vienne and the Graduate School of fashion and economy.

Due to the located here AKH, Central Hospital of Vienna, Alsergrund is the center of Vienna's public health and medicine. At the turn of the XVIII and XIX centuries many doctors preferred to settle near the central hospital, which is located just south of the modern new complex AKH. Therefore Alsergrund district became known as a doctors district. There are are private clinics close to the new AKH, as well as the Children's Hospital of St. Anne.

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
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