Description
For sale is a charming, currently operating as a pension, renovation-needing property in an attractive location in Vienna's 19th district, at the foot of the Nussberg.
The property is housed in a historic building from 1922 and features special architectural elements such as cross vaults as well as a private courtyard of approximately 37 m².
Property Overview
approximately 175 m² usable area
5 guest units, individually accessible
approximately 10 beds + 3 sofa beds
reception area and office
kitchen, bathrooms, and toilets
storage and archive spaces
private courtyard approx. 37 m²
existing use as a pension / accommodation business
technical modernization in 2015, including electrical installation, windows, doors, ventilation, and electric heating
Location
The pension is located in Nussdorf, in close proximity to Vienna's vineyards, heurigen, the Danube, and popular leisure activities.
Nussdorf train station approx. 3 minutes on foot
Streetcar line D
good connection to the city center
shops, gastronomy, and leisure options in the immediate vicinity
Due to heavy rain events and flooding in 2024, there was water damage on the ground floor.
The renovation needs should be considered in the investment decision. The scope and costs of the necessary measures are to be examined during a technical inspection or due diligence. The property is offered transparently with this known renovation requirement.
Investment Potential
The existing structure as a pension offers an investor the opportunity to continue the hospitality operation, renovate, and reposition it.
The combination of established location in Döbling, existing accommodation use, five guest units, and the individual historic character makes the property an interesting investment object.
Ongoing Costs
Operating costs incl. VAT: €491.40 / month
Repair reserve: €741.00 / month
Purchase Conditions
PURCHASE PRICE: €1 300 000
Brokerage fee: 3% of the purchase price plus 20% VAT
An interesting opportunity for investors and operators to acquire an existing pension in one of Vienna's most attractive locations and to reposition it after renovation.
All information is subject to verification of original documents, permits, and regulatory requirements.