Apartment house in Brigittenau

Photos available on request

Apartment house in Brigittenau

2,419,000 €
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Total area: 1,402 m² Yield: 3.2%
  • Absolute return: 76,212 €
  • Percentage of the rented area: 95%

It is an apartment house in Brigittenau, 20th district of Vienna.

Description

The building area is 1,402 m².

95% of spaces are leased out.

Financial performance

Absolute income is 76,212 €.

The current yield of 3,2%.

Location and nearby objects

Brigittenau is located on an island between the Danube and the Danube Canal. 19 bridges connect the district with Alsergrund and Döbling, six — from Floridsdorf. Good transport links and proximity to the city center are one of the the advantages of Brigittenau.

Since both watercourses of the Danube and the Danube channel are within the boundaries of the district, 21% of the territory is water area. Much of the district was formed by draining the regulation of river bed of the Danube in 1870–1875.

The most famous attraction of Brigittenau is Tower ”Millennium“, the second tallest building in Austria (the first is DC Tower in Donaustadt).

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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Julia Morozova
Julia Morozova
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+44 20 3608 1267
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