Nursing home, Vienna, Austria

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Nursing home, Vienna, Austria

5,500,000 €
2,507 € /m²
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  • Total area
    2,193 m²
  • Yield
    7.4%
  • Built in 
    1996
Details
Property parameters
  • Land area: 2,088 m²
  • 2-floor building
Financial performance
  • Annual income: 404,653 €
Tenants
  • Fully let
Transaction costs
  • Broker: 3.0%

A nursing home at the stage of reconstruction in the suburbs of Vienna.

Description

A 2-storey building with an attic.

The reconstruction will be completed before the end of 2019.

Transaction type: Forward Deal.

Bank financing is possible.

Financial performance

The projected absolute annual income is 404,6532 €.

The projected yield is 7,4%.

Tenants

After reconstruction the property will be transferred to the management of a specialized operator.

All the necessary arrangements with the operator have been reached.

Transaction costs

Brokerage fee is 3% + VAT 20%.

Location

A nursing home is located in the nearest suburbs of Vienna, in a quiet street. There is all the necessary infrastructure nearby. The center of Vienna can be reached in 25 minutes by car and in 37 minutes by public transport.

Vienna is the capital of Austria. The population of the city is about 1,900,000 people. Vienna is the fastest growing city in the German-speaking space.

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 chain 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.

More properties

If this ad doesn't suit you, have a look at the other retirement homes for sale in Vienna.

All ads in the country: retirement homes for sale in Austria.

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