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Apartment house in Vienna with a 2% yield

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Apartment house in Vienna with a 2% yield

2,150,000 €
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Total area: 705 m² Yield: 2.0%
  • Absolute return: 43,200 €
  • Land area: 705 m²
  • Built in 1903
  • 3-floor building
  • Renter: 100%

It is a historical apartment house in Penning.

Description

Three-storey building with a total area of about 705 m² was constructed in 1903.

The plot of 705 m².

The house has 8 apartments, all of them are fully leased.

The property is in good overall condition due to regular sanitations. All necessary communications are present, gas heating.

Financial performance

Absolute income is 43,200 €.

The current yield of 2%.

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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