Revitalization of old stock apartment buildings with the possibility of extension by adding attic floors for rent and/or sale with profitability up to 10% p.a.
Fully resettled old block of flats under renovation with permission to add 3 floors (two full and one mansard), with commercial premises on the ground floor. The property is located in the lively 12th district of Vienna with a busy transport interchange 15 minutes away from the city center. The investment project is a complete renovation of the property with subsequent transfer to a management company or sale.
The investment payback period is 8 years.
Revitalization of old stock apartment buildings with the possibility of extension by adding attic floors, partially demolished historic, recently renovated, old-foundation apartment building.
The property is located in the prestigious central 3 district of Vienna. The investment project consists of the acquisition of vacant flats in the property and its extension by adding two attic floors.