Flat for sale 3+1 • 84 m² without real estateWien 18. Bezirk Wien 1180

CONDOMINIUM APARTMENT on the raised ground floor, measuring 83.57 m² – LET INDEFINITELY to a reliable tenant (born in 1950) (not currently suitable for owner-occupation). Suitable for forward-looking investors primarily seeking future capital appreciation (value could potentially double). Yield: 0.89%.

Also for sale:

BASEMENT PREMISES measuring 59.05 m² – located directly beneath the apartment – with a fixed-term lease that has another 3 years to run. Yield: 6.02%. The two properties currently generate a combined yield of 2%.

The sale price for the fully refurbished office/storage premises is €79,000.00 for the usage agreement concluded in 2003 for a term of 99 years.

Classic turn-of-the-century period building with a newly renovated façade. All main windows face south.

Located in a sought-after residential area of Währing, a charming and highly desirable district. Situated in a small side street very close to Aumannplatz and the tram stop for lines 40 and 41, which provide a direct connection to Schottentor—and thus the heart of Vienna’s city centre—in around 10–12 minutes, as well as out of town to Pötzleinsdorf Palace Park. Excellent infrastructure. A public parking garage is just a few steps away, as is Schubertpark. The expansive Türkenschanzpark, with its ponds, monuments and cafés, offers green space for recreation and is also within easy walking distance.

POSSIBILITY OF EXCHANGE: VIENNA – CARINTHIA

As I am relocating from Vienna to Carinthia, I am looking for a similar investment opportunity in Carinthia, or alternatively another vacant property free of any tenancy—preferably in the Klagenfurt-Land district—with a balancing payment to account for any difference in value.

Although the Vienna apartment cannot currently be occupied by the owner, there is a possibility that this may change in a few years. Many people from Carinthia move to Vienna for work, or their children may wish to move there to study. Prices are rising, and finding accommodation is becoming increasingly difficult. In the meantime, your capital would be invested in a crisis-resistant asset. Perhaps you have a suitable property to exchange?

An exchange would also provide tax benefits for both parties, as it is based on the assessed fair value, which is 30% to 50% below the market value.

The asking price stated here is less than half the value of comparable vacant properties. In the event of a sale, I retain 70% of this amount after deduction of the 30% real estate capital gains tax (IMMO-EST); the price is therefore non-negotiable.