Vienna, Wiedner Hauptstraße

Best-Off example: apartment in the 5th district

Usable area: approx. 83. 34 m2
Purchase price: €325, 000 Information about the apartment:
*Top 47
*No deposit
*Yield: 1. 13%
*Rental contract since 1964
*Year of construction 1911
*Floor: 2nd floor
*Rented for an indefinite period

Location
*Near Alois - Drasche - Park
*Good local supply through various supermarkets, medical practices, and leisure activities
*Transportation: Matzleinsdorfer Platz tram stop
*Leisure opportunities: FITINN, beauty salons
*Schools: Wiedner Gymnasium, Sir Karl Popper School

Numbers briefly:
*Purchase price: EUR 325, 000
*Purchase price per m2 approx. : 3, 900 EUR
*Commission: 3. 5%
*Yield: 1. 13%

An old Viennese investment apartment:
You will become the owner of an apartment in a historic Viennese building in one of the best locations in the city. As the owner of the apartment, you will be entered in the land register. The apartment is rented for an indefinite period to a previous tenant at a historically capped rent. History of the old Viennese apartment buildings
Social, economic, and political circumstances led to strict legal regulations on the rental market, especially at the beginning of the last century. The amount of the rent was regulated by law through the introduction of the peace rate or the category - rent. Rental contracts from this period in old buildings are still subject to historical rent restrictions today. Potential
With a vacant inventory, the rent can be increased several times over in the case of new rentals or after any necessary renovation of the apartment, the apartment can be used by the user or sold with a high increase in value.