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 %