Apartment building under construction, Vienna, Austria

Additional information is provided after the signing of an NDA

Apartment building under construction, Vienna, Austria

3,100,000 €
3,712 € /m²
Send a request
Send via email
  • Total area
    835 m²
  • Yield
    3.7 %
  • Rental rate (m²/month)
    11 €
  • Completion in
    2020
Send a request
Send via email
Details
Property parameters
  • Land area: 511 m²
  • Number of parking lots: 5
Financial performance
  • Annual income: 113,000 €
Loan
  • Loan size: 67% of the value of the object

An apartment building under construction in Vienna.

Description

An apartment building with an underground parking.

Transaction type: FORWARD PURCHASE.

Bank financing of the transaction is possible.

Owner's capital: 1,000,000 €.

Financial performance

The projected annual income is from 113,000 €.

The projected yield is from 3,7%.

Tenants

The lease agreements will provide for the indexation of rental rates based on the consumer price index — about 1.5% per year.

Location

The apartment building is located in one the districts of Vienna, the capital of Austria.

The building is located next to a park area, in 500 meters from the Danube. There are shops, a school, a kindergarten, a hospital nearby.

The population of the city is about 1,900,000 people.

Vienna is the 3d city-residence of the United Nations after New York and Geneva. There are the headquarters of such international organizations as OPEC and the OSCE here. Vienna 9 times in a row took the 1st place in the world for quality of life (Economist, 2018).

Public transport is well developed in Vienna, a network of autobahns and railways connects Vienna with other cities in Austria and Europe. Schwechat International Airport is the largest in Central Europe, with more than 60 airlines from around the world registered, annually serving more than 14 million passengers.

The Old Town of Vienna and Schönbrunn Palace are listed as a UNESCO World Heritage Site.

  • Property on the map
    Location right down to the building, street or city

Statistics in Vienna

Price per m², €
6,308
Healthcare efficiency level
80
Index 80 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
77
Index 77 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 6,308.13
Apartment in a bedroom community, m² 3,870.08
Transport Price, €
Public transport, 1 ride 2.4
Monthly travel card 47.0
Taxi, 1 km 1.3
Petrol, 1 l 1.25
Food Price, €
Water, 1.5 l 0.58
Milk, 1 l 1.03
White bread, 500 g 1.77
Eggs, a dozen 3.11
Chicken fillet, 1 kg 9.84
Education Price, €
Kindergarten, per month 200.9
International school, per year 15,933.33
Health care index
Staff competence 82.74
Medical equipment 92.34
Research accuracy and completeness 82.11
Attitude towards patients 69.47
Security index
Crime rate 20.2
The risk of being robbed 19.13
The risk of car theft 19.75
The risk of break-in and property damage 28.48

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

More properties

If this property wasn’t for you, take a look at other apartment buildings for sale in Austria.

You can see more apartment buildings for sale in Vienna elsewhere on our website.

Repurposing a building into a residence hall with a forward sale in Cologne
  • €2.6M investment amount
  • 10 % yield
  • 2 years project term
Application deadline: January 30

The best development offer

Repurposing a building into a residence hall with a forward sale in Cologne

Application deadline: January 30

  • investment amount €2.6M
  • yield 10 %
  • project term 2 years

Buying and repurposing a building into a student residence with a subsequent sale. Several investors with different shares can participate. Buyers are already interested (Forward Deal).

An apartment hotel with a restaurant, a 11–12 -storey concrete building with a terrace and balconies. Total area — 4,984 m², number of units — 270.

The property is located near the centre of Cologne, 1 km away from the Agnes district. There is a traffic interchange not far from the building, the closest public transport stop is 400 m away. There are 20 different educational institutions within a 3–5 km radius. All the necessary infrastructure facilities are located within walking distance.

The expected rental flow after commissioning — €1M per annum.

Invest in development project

Send a request
    When you submit a request, you agree to our terms and conditions

    €100M

    capital placed

    10 years

    in the real estate market

    1,000+

    deals since 2008

    Similar listings

    We select ads that may interest you.

    Enquire about this apartment building
    Anna Kurianovich
    Anna Kurianovich
    Investment consultant in Vienna
    +44 17 4822 0039
    Send a request
      When you submit a request, you agree to our terms and conditions
      • Bank financing from 2% annually
      • Property, plot and construction site survey
      • Management company services
      Call us
      Send a request
      Location choice
      • еще ...
      • City, Region, Country
      Loading...
      • Nothing found
      • Nothing found