Concrete gold - secure investment with 2.15 % yield in the heart of the city with future potential
Key data
Address | Halbgasse 20 - 1070 Vienna |
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Apartment # | 8 |
Staircase | 1 |
Floor | 1. floor |
Rooms | 2 |
Type of use | For sale |
Year of construction | 1900 |
Property number | 20808 |
Costs
Purchase price | € 514,000.00 |
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Land register entry | 1.10 % |
Property transfer tax | 3.50 % |
Commission | 3% of the purchase price plus 20% VAT. |
Spaces
Living space | 74.48 m² |
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Furnishings
- prefinished flooring
- passenger elevator
- bricks & concrete
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Description of property
This charming residential building from 1900 combines the classic charm of an old building with an urban lifestyle in one of Vienna's most sought-after locations - in the immediate vicinity of Mariahilfer Strasse.
The building extends over three standard floors and a converted attic and offers a diverse selection of flats.
This property combines historical flair with urban dynamism and represents an attractive residential and investment opportunity in the heart of the 7th district.
In this lovingly refurbished home, you can expect a harmonious interplay of modern living comfort and well-kept substance.
The building has been visually and functionally improved in several areas as part of targeted upgrading measures. The entrance area, including the entire staircase, was given a fresh coat of paint, which ensures a friendly and well-maintained appearance in the interior. The courtyard façade was also reworked and refreshed, giving the exterior of the building a new lease of life.
The newly constructed balconies on the courtyard side are a particular highlight: The spacious balconies extend the private living space into the open air and open up a unique green view. This addition not only creates additional living comfort, but also sustainably increases the quality of stay - a valuable retreat in the middle of an urban environment.
Particular attention was paid to preserving the character of the house, while at the same time creating a cosy living atmosphere that meets today's requirements. Whether as a cosy family home or as a stable investment - this house is ready for a new phase of life.
The location impresses with its excellent infrastructure. There are numerous shopping facilities, cafés, restaurants and cultural institutions in the immediate vicinity - above all Mariahilfer Strasse, Vienna's most important shopping street. The public transport connections are excellent, with underground stations on the U6 and U3 lines within walking distance and several tram and bus lines nearby. The Westbahnhof railway station is also within easy reach and provides optimal national and international connections.
The neighbourhood also offers a comprehensive range of local amenities, medical care and educational and childcare facilities. The proximity to popular recreational and leisure facilities such as the MuseumsQuartier or Burggarten rounds off the high quality of life at this address.
For added convenience, stacked parking spaces can be purchased in the building on request. The purchase price for a parking space is € 70,000.
Top 8 on the 1st floor
A classic old Viennese investment flat in an attractive location in the 7th district is for sale. A condominium let for an indefinite period offers an attractive combination of immediate rental income, long-term planning security and tax advantages.
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rented for an indefinite period
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Attractive purchase price for future increases in value
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Regular income immediately after purchase
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current net main rent: EUR 919.45 / month
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current yield before ancillary costs of 2.15%
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intrinsic value of the property
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Indexed rent adjustment
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Tax advantages
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Rent in line with the market / increase in yield when the flat becomes vacant
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Prospect of owner-occupation or profitable resale
This property is ideally suited as a medium to long-term investment with solid development potential.
Please note: Due to the existing tenancy, viewings are currently not possible. We will be happy to provide you with further documents on request.
Service charges
For the sake of good order, we would like to point out that, unless otherwise stated in the offer, a commission is payable on successful completion of the transaction at the rates stipulated in the Real Estate Agent Ordinance BGBI. 262 and 297/1996 - i.e. 3% of the purchase price plus 20% VAT. This commission obligation also applies if you pass on the information provided to you to third parties. Finally, we would like to point out that we act as a dual broker and that there is a close family/economic relationship between 3SI Makler GmbH and the seller.
The establishment of the contract and escrow processing is bound to the law firmWeimann Kesselgruber Rechtsanwalts OG,Wiesingerstraße 6, 1010 Vienna. The costs amount to 1.5 % of the purchase price plus 20 % VAT as well as cash expenses and notarisation. In the case of third-party financing, the fee increases to 1.8 % of the purchase price plus 20 % VAT, cash expenses and notarisation.
We would like to point out that there is a close family or economic relationship between the broker and the third party to be brokered.
The agent acts as a dual broker.
This text has been translated automatically. No liability is assumed for the accuracy and completeness of the translation. Changes and typographical errors reserved.
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We look forward to hearing from you!
Your inquiry relates to the following property: Halbgasse 20 - 1070 Vienna - Top 1/8
Information on commission fees: For the sake of good order, we note that a commission must be paid to 3SI Makler GmbH in the case of a successful transaction in the amount previously specified. The amount of commission is consistent with the provisions of the current Ordinance of the Federal Minister for Economic Affairs on the Professional Ethics and Rules of Practice for Real Estate Agents. The obligation to pay the commission shall also exist if you pass on the information provided to you to third parties. Finally, we would like to point out that we are acting as dual brokers and that there is a close familial or economic relationship between 3SI Makler GmbH and the seller.