Apartment house in Vienna

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Apartment house in Vienna

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

Location and nearby objects

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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