Apartment house in city Vienna
1775.00 sq.m.

€ 7 000 000
Proposal for an apartment building in Vienna, district 16, which is currently rented for long-term rent to rent apartments. Lease term until 2024. Rental income is 40 000 Euro / month, 480 000 Euro / year.
Thus, the net profit from future leases is 1,920,000 euros.
Purchase price of 7 million euros + 5% service + 21% VAT
Net useful area of apartments 1775 m2
The expected selling price of apartments is 5200 - 6500 euro / m2.
Estimated profit after the sale of apartments 9,233. 432 euros
The house is in excellent condition, after reconstruction.

Seller information

Seller type Agency
Company Love Prague

Location of the property on the map

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