Apartment for sale in 1170 Wien
Right of Residence Holder:
Age: 66 years, female.
What is a right of residence?
A right of residence in Austria allows a person to use an apartment or house without being the owner of the property. When the right of residence expires or the person moves out, the property is available to the owner without encumbrances. The right of residence cannot be transferred or inherited.
What is the difference to a rental agreement?
A rental agreement is a contract in which a person uses a property in exchange for paying rent, while a right of residence is a usage right that is acquired without paying rent. Unlike an indefinite rental agreement, there are no entitled persons for admission with a right of residence.
Why is this model interesting for you as a buyer?
You have the opportunity to acquire the apartment at a significant price reduction. Once the right of residence is no longer in effect, the value of the property increases significantly.
Advantages of the right of residence for you as the owner?
In summary, granting a right of residence allows the owner to maintain control over their property, avoid vacancies, utilize tax advantages, and avoid potential disputes from possible entitled persons or inheritance disputes. The right of residence is registered in the land register and must be legally adhered to.
What monthly costs does the buyer incur?
The buyer has virtually no monthly costs. The monthly repair reserve must be assumed.
Property Description
In the midst of Neuwaldegg, one of the most beautiful areas of the 17th district, you will find a beautiful and spacious penthouse apartment with approximately 72 m² of floor space and a generous 24 m² balcony. The layout includes a spacious living room, a bedroom, a separate kitchen, a modern bathroom, and a walk-in closet. The apartment is of high quality with tiles and parquet flooring and features a modern fitted kitchen as well as a large bathroom with a shower, toilet, and washing machine connection. The building is well maintained.
Area: Approximately 72 m² on the 1st top floor
Outdoor Space: A large balcony extends over the entire living area and measures about 24 m².
Floor Plan: This apartment offers a spacious living room, a bedroom, a separate kitchen, a bathroom, a walk-in closet, and a generous balcony.
Features: The apartment is equipped with tiles and parquet flooring and features a fitted kitchen with all standard appliances. The condition can be described as good.
Sanitary Facilities: The bathroom is generously designed, fully tiled, and includes a shower, a toilet, and a connection for the washing machine.
Building Condition: The building is in good condition. The windows were renewed in 2004, and roof work was carried out in 2010.
Location: The apartment is located in one of the most sought-after and exclusive areas in the 17th district.
The broker acts as a dual agent.
Location and transport
The 17th district, Hernals, embodies the charm of Vienna: Gründerzeit buildings, villas, parks, and cultural offerings are all in the vicinity and shape the district. With the Metropol Theater, delightful restaurants such as Manameierei, and the magnificent Schloss Neuwaldegg in Schwarzenbergpark, entertainment and gastronomy are well taken care of. Supermarkets, restaurants, pharmacies, bakeries, and educational institutions are nearby. The planned subway station Elterleinplatz (Line 5) will connect Hernals to the subway network and improve access to the city center. Public transport: Bus line: 43A (30 meters from the house) Tram line: 43 S-Bahn: S45
Floor plan
Elijah Euler-Rolle
Berater | Consultant
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Price details
- Purchase price:
- €175,000.00
- Net operating expenses:
- €125.43
- Net reserve for repairs:
- €108.60
- Value added tax:
- €12.54
- Price description:
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Facts
- Property number:
- 45837
- Property type:
- Apartment
- Terraces:
- 1
- Terrace area:
- 24.35 m²
- Basement area:
- 10 m²
- Living area:
- 71.59 m²
- Rooms:
- 2
- Bathrooms:
- 1
- Toilets:
- 1
- Floor:
- 1. DG
- Year of construction:
- 1961
- New building:
- Yes
- Last modernization:
- 2010
- Structural condition:
- Maintained
- Availability:
- Active
Features
- Heating:
- Floor heating, gas
Energy efficiency
- EPC type:
- Energy requirement certificate
- Date of expiry:
- 06.02.2033
- Heating energy demand:
- 70.4 kWh/(m²*a)
- Heating energy demand class:
- C
- Total energy efficiency factor:
- 1.48
- Total energy efficiency factor class:
- C