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Apartment house in Meidling with a 3,6% yield

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Apartment house in Meidling with a 3,6% yield

6,800,000 €
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Total area: 2,189 m² Yield: 3.6%
  • Absolute return: 246,116 €
  • Renter: 100%

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

Description

The building area is 2,189 m².

All spaces are leased out.

Financial performance

Absolute income is 246,116 €.

THe current yield of 3,6%.

Location

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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Natalya Latikova
Natalya Latikova
Real Estate Expert Tranio in Vienna
+44 20 3608 1267
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