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Apartment house in Ottakring with a 3,2% yield

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Apartment house in Ottakring with a 3,2% yield

2,000,000 €
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Total area: 1,143 m² Yield: 3.2%
  • Absolute return: 64,104 €
  • Renter: 89%

It is an apartment house in Ottakring, 16th district of Vienna.

Description

The building area is 1,143 m².

89% of spaces are leased out.

Financial performance

Absolute income is 64,104 €.

THe current yield of 3,2%.

Location

The 16th district is located on the western outskirts of Vienna. It is famous for the traditional breweries.

The cultural life of the area is concentrated in the vicinity of Yppenplatz and Brunnenmarkt. The famous attraction is the castle hotel Wilhelminenberg, located at an altitude of 450 m. The surrounding area is full of romantic promenades.

Ottakring combines charm and cosmopolitan. The district develops and improves.

Due to the relatively low cost area is popular with families. There are a lot of apartment buildings even single-family houses.

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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