Obj. 861 Straßenansicht

Best value for money: 

Viennese apartments with old tenant agreements


You become the owner of an apartment in a historic Viennese old building in one of the best locations of the city. As a homeowner you will be entered in the land register. The apartment is rented indefinitely to an old tenant to a historically restricted rent.

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%

Viennese apartments with old tenant agreements - General Information

The essence of Viennese apartments with old tenant agreements is as follows:

You become the owner of an apartment in a historic Viennese old building in one of the best locations of the city. As a homeowner you will be entered in the land register. The apartment is rented indefinitely to an old tenant to a historically restricted rent.

History of the old Viennese apartment buildings
Social, economic and political circumstances, especially at the beginning of the last century, have led to strict legal regulations on the rental market. The amount of the rent was regulated by introduction of the after-war interest rate or the category rents. Even today, rental agreements from this period in old buildings are subject to historical rental restrictions.

Potential
After leave of the tenant, the rent can be multiply increased. After a possibly necessary housing renovation, the apartment can be used by the new owner itself or sold with a high increase in value.

Top criteria for an investment in Viennese apartments with old tenant agreements:
• Low cost price / m²
• Historic Viennese old building
• High appreciation potential
• Best inner city locations
• High depreciation potential

We will gladly send you the list of all available Viennese apartments with old tenant agreements, as well as further information upon request.