Apartment house in Meidling

Photos available on request

Apartment house in Meidling

3,500,000 €
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Total area: 1,142 m² Yield: 3.7%
  • Absolute return: 128,265 €
  • Percentage of the rented area: 100%

It is an apartment house in Meidling, 12th district of Vienna.

Description

The building area is 1,142 m².

All spaces are leased out.

Financial performance

Absolute income is 128,265 €.

THe current yield of 3,7%.

Location and nearby objects

Meidling is a diverse, but harmonious district: here you can find rural buildings around the Baroque castle Hetzendorf, rows of municipal buildings, large residential areas Am Schöpfwerk, as well as the popular pedestrian shopping street Hauptstraße that accomodates huge malls and small shops.

Thanks to the railway station Vienna — Meidling the district is a major transportation hub.

The Meidling has potential for further development. It is planned to build more than 1,000 housing units in the street of Emil Behring-Weg the next few years. Project Gartenstadt 2.0 will be implemented which will make the district even more exciting.

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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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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