It is an apartment house in Meidling, 12th district of Vienna.
The building area is 2,189 m².
All spaces are leased out.
Absolute income is 246,116 €.
THe current yield of 3,6%.
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%