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4-apartment house for rent in mountains

576,000 €
2,331 € /m²
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  • Total area
    247 m²
  • Yield
  • Rental rate (m²/month)
    10 €
Property parameters
  • Leasable area: 247 m²
  • Total premises: 4
  • Number of parking lots: 4
  • 2-floor building
Financial performance
  • Minimum owner's capital: 350,000 €
  • Annual income: 28,800 €
  • Fully let
  • End of lease: 2028
  • Loan size: 50% of the value of the property
  • Rate: 2.5%
  • Loan term: 20 years
Transaction costs
  • Notary (state registration): 2.4%
  • Acquisition tax: 4.6%
  • Broker: 3.6%
  • Redevelopment

Two-story houses are completely renovated former village miners. Between the houses there is a garden. The complex has a reception and a variety of services for tourists, providing a 3-star comfort.

The house includes 4 apartments:

  • 1 floor, 61.5 m²
  • 1 floor, 62.2 m²
  • 2nd floor, 61.4 m²
  • 2nd floor, 62.4 m²

Apartments are already turn-key ready. Each apartment has a balcony.

Proper use of the apartment — 1 week per year, above this — 50% discount from the usual rent price (20% discount during the high season).

Financial performance

7-year guaranteed rental income of 5%. It is controlled by a major travel company, which itself bears all related costs.

The tax deduction is possible.


It is possible to take a loan up to 50% of the property value for 10–25 years at a rate of 2.2 – 3.5%. The leverage allows you to increase the profitability of the object.

Location and nearby infrastructure

The resort is located between Graz, Vienna and Salzburg, next to Gesäuse national park.

Active guests can enjoy here various sports all year round. Nearby there is a ski region Präbichl up to 1900 m with slopes of varying difficulty. By car you can quickly get up to the ski resort of Schladming with its 123 km of slopes. In summer can enjoy walking, mountain biking and a golf club with 18 holes in a half an hour drive.

The village has shops, restaurants and bars.

The region is actively developing tourism. There is a number of annual international events such as the Erzberg Rodeo, Formula 1 Grand Prix, air shows etc.

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If this ad doesn't suit you, have a look at the other block of flats for sale in Steiermark.

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