It is an investment opportunity to construct an apartment building.
The total area of the future house is 1,294 m², residential area of 1,108 m².
There will be 13 apartments ranging from 45 to 170 m², such apartments are in high demand in Vienna.
The house plan was developed by famous architects. A similar project has been realized on the neighboring plot in 2014.
The construction may start any time, the project has already been approved by Vienna state authorities. Construction period is 2 years.
- All apartments with open spaces (balconies, terraces, gardens).
- Green forest views.
- The attic floor will have equally high ceilings due to the construction method.
- Penthouse with elevator directly into the apartment, as well as the infinity pool on the rooftop of the house.
- All apartments are single storey.
- The spa-zone with sauna, steam bath. The total area is approx. 50 m², it will be available for all residents.
- Underground garage for 12 spaces.
- Modern architecture and high-quality materials.
The projected total selling price of apartments is 7,605,953 €.
Estimated profit is 1,000,910 €, of which 600,546 € is investor's profit.
The plot is located in the luxurious green district of Vienna, on the border of the Vienna woods. There is one of the most beautiful places in Vienna nearbe: Wilhelminenschloss Palace, there is also a panoramic deck overlooking the city.
American International School is in the close proximity of the area.
Public transport and metro are in minute availability.
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%