It is an apartment house in Penzing, 14th district of Vienna.
The building area is 1,410 m².
All spaces are leased out.
Absolute income is 161,985 €.
THe current yield of 3,7%.
A major part of the district (60% of the territory) is covered by forests and other greenery, including forest Baumgartner and a part of the Vienna Woods. Hütteldorf Station serves as the gateway to the Lower Austria. Trains go to the western regions of the country from here. A new football stadium will be built in 2016, which claims to be the ”most advanced“ in the country.
Penzing is like a suburb, although there are modern city buildings. The district is unique idue to a ski area Hohe Wand Wiese, where you can enjoy skiing without leaving Vienna.
The western part of the district is dominated by high-quality apartment buildings, villas and mansions. High-rise buildings dominate along the Linzerstraße and Hütteldorferstraße.
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%