Apartment house in Hietzing

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Apartment house in Hietzing

2,800,000 €
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Total area: 1,825 m² Yield: 2.8%
  • Absolute return: 78,605 €
  • Percentage of the rented area: 95%

It is an apartment house in Hietzing, 13th district of Vienna.

Description

The building area is 1,825 m².

95% of spaces are leased out.

Financial performance

Absolute income is 78,605 €.

THe current yield of 2,8%.

Location and nearby objects

Hietzing is known due to located here Schönbrunn Palace which is the former residence of the Habsburg family.

The district has many luxury facilities. Hietzing is preferred by wealthy people because of its beautiful area with a high quality of life. It is also the greenest district in Vienna: 70% of the area are a green spaces (Lainzer Zoo, Vienna Woods, and adjacent to the Schönbrunn Schlosspark or Castle Park).

Hietzing is popular among wealthy foreign buyers. However, the share of ”newcomers“ is the lowest in Vienna (about 14%). It is also home to most of the Viennese bourgeoisie. Hietzing is also favorable among families because there are a lot of houses with spacious apartments.

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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Anna Kurianovich
Anna Kurianovich
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+44 20 3608 1267
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