This apartment building is located in ”Favoriten“ in the 10th district of Vienna, an area between Laaer mountain and the Vienna mountain which overlooks extensive parks and natural recreation areas. They are part of the Vienna green belt and are roughly integrated in the Wienerberg recreation area and the large recreation room Laaerberg. Right next to the building is the Erlach Park — a leisure and recreational area ”just around the corner“ — the Waldmüllerpark is located in close proximity.
Within a pleasant walking distance the 4th/ 5th district of Vienna can be reached and residents benefit from this proximity to downtown. The Belvedere Palace, a museum and venue, is just 2.5 km away.
This property is located in the 10th district of Vienna, and has an excellent infrastructure. Kindergarten (100m), elementary school (800m), nthe Wiedner Gymnasium (1.2km), various markets/ shops and the Columbus Center are located in the vicinity.
This perfect investment property is characterized by its promising location, quality amenities, thus making it the best in rental potential.
Of course, this apartment can be purchased for your own use — in this case the VAT must be added.
Purchase price occupiers: € 252,261.05Purchase Price Investors/ owners: € 223,085.00
Currently, (albeit limited), other apartments at this and other locations are still available; from 35 м² - 120 м².
Below listed apartments are still available at this location — purchase price for investors/ owner:
- Top 144/5. OG.: ca. 65 м² - 2 rooms/ balcony/ garage EUR 223,085.00 (orientation N) Yield: 3.48%.
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%