Concrete gold! Old flat in the 5th district let for an indefinite period

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Spacious 3-room flat in a historic building with a terrace!

A classic old Viennese investment flat is for sale in an attractive location in the 5th district. This freehold flat, let on a permanent tenancy, offers an attractive combination of immediate rental income, long-term planning security and tax benefits.

• Let on a permanent basis
• Attractive purchase price with potential for future capital appreciation
• Regular income immediately after purchase
• Current net basic rent: EUR 2,023.44 per annum
• Current yield before service charges: 1.09%
• Stability of the property’s value
• Index-linked rent adjustment
• Tax benefits
• If the flat becomes vacant, market-rate rent / increase in yield
• Potential for owner-occupation or profitable resale

This property is ideally suited as a medium- to long-term investment with solid potential for growth.

Please note: Due to the existing tenancy agreement, viewings are not currently possible. We would be happy to provide you with further documentation on request.

Location:

The flat is situated in Vienna’s 5th district, a popular and centrally located residential area. This district offers an ideal combination of urban amenities and quiet residential streets. Its proximity to public transport, shops, cafés and restaurants makes this location particularly attractive.
The flat is very well connected to the public transport network. Trams, buses and the U4 underground stations are just a few minutes’ walk away. Shops for everyday needs, as well as chemists, schools and nurseries, are also in the immediate vicinity.

Please do not hesitate to contact us for further information or to arrange a viewing!

Service charges

For the sake of clarity, we would like to point out that, unless otherwise stated in the listing, a commission is payable upon successful completion of the sale, in accordance with the rates set out in the Estate Agents’ Regulations (BGBI. 262 and 297/1996 – that is, 3% of the purchase price plus 20% VAT. This commission is payable even if you pass on the information provided to you to third parties.

The drafting of the contract and escrow settlement are handled by the law firm Mag. Schreiber, A-1010 Vienna, Schottenring 16. The costs amount to 1.5% of the purchase price plus 20% VAT, as well as out-of-pocket expenses and certification fees. In the event of external financing, the fee increases to 1.8 per cent of the purchase price plus 20 per cent VAT, out-of-pocket expenses and certification fees.

Please note that there is a close family or business relationship between the agent and the third party for whom the agency is being provided.

The agent is acting as a dual agent.

This text has been translated automatically. No liability is assumed for the accuracy and completeness of the translation. Changes and typographical errors reserved.