It is an apartment house in Donaustadt, 22nd district of Vienna.
The building area is 1,041 m².
94% of spaces are leased out.
Absolute income is 61,992 €.
The current yield of 4,4%.
Donaustadt is Vienna's largest district. The rural way of life is preserved on the outskirts, and mass residential development of the former fields and gardens are underway. More than 55% of the territory occupied by greenery. There are very few foreigners (14.6%) here.
Vienna International Centre located in Donaustadt, which houses the UN building (”City of the United Nations“, UNOCity), around which high-rise office and residential buildings were built in the 1990s and 2000s. A large residential complex was built in 1980 to representat the USSR in the International Organizations in Vienna, it's now owned by the Russian Foreign Ministry.
Donaustadt is popular for its low-rise buildings, lots of green, tranquility, parks and recreation areas as well as the proximity of the Danube.
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%