It is an apartment house in Hietzing, 13th district of Vienna.
The building area is 680 m².
33% of spaces are leased out.
Absolute income is 10,000 €.
THe current yield of 0,5%.
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%