Top Investment with 5.25% Yield - Location in the Greens: Multi-family House with 8 Units in Södingberg.
Key data of this property in Austria for sale
| Price | € 547,000 |
| Number of Rooms | 16 |
| Living Area | 435.96 m² |
| Plot Area | 1120 m² |
| Usable Area | 435.96 m² |
| Terrace Area | 38.08 m² |
| Bathrooms | 8 |
| Parking | Free space |
| Garage | n/a |
| Cellar | n/a |
| Year of Construction | 1996 |
| Year of Renovation | n/a |
| Condition | Very good |
| Heating System | Central heating |
| Energy Class | C |
| Operating Costs (Gross) | n/a |
Full Description of This Austrian Property
This well-maintained multi-family house in the quiet area of Södingberg offers eight fully-fledged residential units within approximately 436 m² of living space.
With a solid net yield of over 5%, this property is ideally suited for investors wishing to buy property in Austria that ensures a sound rental income in a serene greenery.
THE ADVANTAGES OF THIS PROPERTY AT A GLANCE:
- Quiet micro location with good public transport connections.
- Approximately 20 minutes by car to Voitsberg.
- 8 residential units with a total of around 436 m² of living space.
- Sizes between approximately 33 m² and 83 m² - perfect for various target groups.
- 4 balconies and garden areas.
- Plot with approximately 1,120 m² of space.
- Well-maintained condition, solid construction in reinforced material.
- Annual net rent of EUR 28,690 | Net yield: 5.25% p.a.
THE HOUSE.
The multi-family house was constructed in 1996 using solid materials and is divided into a ground floor, upper floor, and attic. It includes a total of 8 residential units with living spaces ranging from approximately 32.8 m² to 82.7 m².
The room layouts are functional and tailored to accommodate singles, couples and small families. There are residential units with one, two, and three rooms. Total of 16 rooms, 8 bathrooms, and 8 toilets are available. Four of the units have their own balconies, and a common garden area is accessible.
RENTAL.
The current net rental income amounts to EUR 28,690 annually, reflecting an attractive yield of 5.25% p.a. The operating costs are borne primarily by tenants in addition to the net rent.
CONDITION AND EQUIPMENT.
The property is in a well-kept condition. The apartments feature parquet and tiled flooring, and both kitchens and bathrooms are fully equipped.
The building is heated using a central oil heating system.
JOIN THE HARMONY OF HEALTHY LIVING ALL AROUND. Real estate is built with a focus on longevity. Offered together with strong dividends for valuable buy property in Austria.
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 73761399
If you are seriously considering acquiring this property, we highly recommend booking a complimentary consultation using the link below. The consultation will be conducted online via the free Zoom video platform.
Book Your Free Consultation:
https://tidycal.com/1jgel81/buy-property-in-austriaAdditional Purchase Costs in Austria
Please ensure you budget for approximately 10–11% in additional costs when purchasing real estate in Austria, including:
- 3.5% property acquisition tax
- 1.1% land registry fee
- 1.8–2.0% legal and notary fees
- 3,6% buyer’s commission!
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