7 Apartments and 6 Underground Parking Spaces in Graz-Straßgang
Key data of this property in Austria for sale
| Category | Value |
|---|---|
| Price | € 1,010,000 |
| Living Area | 284.78 m² |
| Rooms | 2- and 3-room units |
| Parking Spaces | 6 underground garage spaces |
| Garage | 6 underground garage spaces included |
| Balcony / Terrace | Covered balcony in every unit |
| Basement / Storage | Basement room / cellar space included |
| Year of Construction | 2022 |
| Condition | First occupancy / new build |
| Heating | Underfloor heating |
| Energy Class | B |
| Operating Costs | n/a |
| Property Type | Apartment package |
| City | Graz |
| ZIP | 8054 |
| Region | Styria |
| Gross Rental Income | approx. € 31,590 per year net |
| Net Price | Yes |
Full Description of This Austrian Property
7 Apartments and 6 Underground Parking Spaces in Graz-Straßgang
Primelweg 1, 8054 Graz, Styria
A professionally structured residential investment package in Graz-Straßgang, combining immediate income, new-build specification and long-term holding potential. It is suitable for investors who want to buy property in Austria with an asset that is already partly let and positioned in a high-demand suburban location.
The package comprises seven ownership apartments and six underground garage spaces in a modern new-build project completed in 2022.
The residential units are arranged as 2-room and 3-room apartments with a combined living area of approximately 284.78 m². Every unit includes a covered balcony, fitted kitchen, underfloor heating and basement storage. The building is classified as a new build with Energy Class B and fGEE Class A.
Five units are currently let and generate an annual net rental income of around €31,590, while two units are available for immediate handover. This creates a clear base income stream and additional scope for owner occupation or re-letting at current market levels.
Location and surroundings
Graz-Straßgang is a well-established and popular residential district with strong tenant demand. Public transport connections are excellent, with bus lines 31, 32 and 65 as well as the S-Bahn providing reliable access across the city.
Property components
The portfolio includes seven apartments, six underground parking spaces, covered balconies in all units, basement storage and contemporary internal specifications. The project also includes lift access and barrier-free suitability.
Use and income potential
This asset is particularly relevant for investors looking to buy property in Austria with diversified rental exposure. buy property in Austria can also be attractive here for buyers seeking a partially occupied asset with immediate cash flow, low initial operating risk and the option to increase income through re-letting.
Key points
- Seven apartments and six underground garage spaces included in the purchase price
- Approximate total living area of 284.78 m²
- Five units already let, with net annual income of around €31,590
- Two units available for immediate handover
- New-build standard completed in 2022
- Energy Class B and underfloor heating
- Covered balcony and basement storage in every apartment
- Located in a sought-after district with strong transport connectivity
Investment summary
buy property in Austria becomes more compelling when the asset combines established rental income, modern specification and a location with sustained demand.
The package is priced at €1,010,000 net, with VAT payable additionally. It offers investors a straightforward acquisition structure, predictable rental performance and long-term appreciation potential in a major Austrian city.
Additional Purchase Costs in Austria
- Property acquisition tax: 3.5%
- Land registry fee: 1.1%
- Legal and notary fees: 1.8-2.0% + VAT
- Buyer’s commission: 3.6% + VAT
Contact & Consultation
Should you require further information or wish to discuss your investment in more detail, you are welcome to contact us directly or arrange a personal consultation: +43 664 7376 1399
If you are seriously considering acquiring this property, we highly recommend booking a complimentary consultation using the link below. The consultation is conducted online using the free Zoom video platform.
The information on this site is for informational purposes only. Prices, technical specifications, floor plans, dimensions, and schedules are subject to change.
Estimates of expected rent and returns do not constitute a guaranteed promise or a binding offer.
