Apartment 1 462 m² Vienna, Austria

Side street near Meidling Station, Metro, S-Bahn
This offer is a rare opportunity for investors: For sale is a fully equipped accommodation for short-term rental – ideally positioned to benefit from the growing market for city tourism and business travellers. The existing interest-rate house is transformed into a contemporary apartment house by a two-storey attic construction, a modern construction as well as extensive renovation and rebuilding work. It meets the requirements of current hospitality concepts and offers 48 rooms with a total of 80 beds. There is also a business hall and 2 offices in the building.
The planned re-conversion after the completion of office units creates additional rental potential: 1 single room, 1 double room, 1 quadruple room. This will increase the total capacity to 51 room/87 beds (without guarantee). Construction is scheduled for spring 2026
Planned completion end 2027 / beginning 2028 Construction permit is available. Fixed-price contracts with durations of 5 to 10 years are currently being negotiated with potential operators. The complete equipment (bed, cabinet etc.) is included in the purchase price; the sampling is carried out in coordination with the buyer. Sale price: € 11.250.000,00, plus UST. Payment methods of purchase price
1. after handover (bank guarantee required)
2. in rates after construction progress.
In both variants, the service is provided by the seller; the buyer is protected. The useful area is divided into 6 levels:
• Ground floor with supermarket (unpaid)
• 1st & 2nd floor with 4 single and 8 double rooms each
• 3rd floor with 3 single and 6 double rooms; 2 offices in the courtyard of the attic, which can be converted into 1 single, 1 double and 1 quadruple rooms after completion (non-binding)
• 1st floor with 3 single and 6 double rooms
• 2nd floor with 2 single and 4 double bedrooms In the basement are technical and storage rooms Single room have approx. 9-12m2, double room approx.15-20m2 The business place on the ground floor is rented to a supermarket indefinitely.
The current net rental is € 5.796,72/month, thus € 69.560,64/year.
Energy values for ground floor are approx. HWB: 111 kWh/m2a, fGEE: 1,22 Location: The location is ideal for the planned type of use: in the immediate vicinity of Vienna-Meidling Train Station with excellent connection to metro, S-Bahn, regional trains, tram and numerous bus lines. The connection to the city centre is about 20–25 minutes; there are direct connections with the S-Bahn to Vienna-Mitte and the main railway station as well as bus and tram lines to the Opera/Karlsplatz. In summary: an optimal, fast and convenient accessibility of the Vienna city centre and the surrounding area. We would like to point out that inquiries can only be answered with complete data and information on sufficient credit quality. We ask for your understanding of this matter. We point out that a family or economic relationship exists between the mediator and the third party to be communicated. The intermediary is a double broker.
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