This offer represents a rare opportunity for investors: A fully equipped accommodation property for short-term rental is for sale – ideally positioned to benefit from the growing market for city tourism and business travelers.
The existing tenement building is being transformed into a contemporary apartment house through a two-story attic expansion, a modern extension, and extensive renovation and remodeling works. It meets the requirements of current hospitality concepts and offers 48 rooms with a total of 80 beds. The building also houses a commercial space and 2 offices.
With the planned reallocation after the completion of office units, additional rental potential arises: 1 single room, 1 double room, 1 quadruple room. This will increase the total capacity to 51 rooms/87 beds (without guarantee).
Construction is scheduled to begin in spring 2026
Planned completion at the end of 2027 / beginning of 2028
Building permit is available.
Fixed-price contracts with potential operators are currently being negotiated with terms of 5 to 10 years.
The complete furnishings (bed, wardrobe, etc.) are included in the purchase price; the selection will be made in coordination with the buyer.
Purchase price: € 11,250,000.00, plus VAT.
Payment modalities of the purchase price:
1. after handover (bank guarantee required)
2. in installments according to construction progress.
In both variants, the advance performance is provided by the seller; the buyer is thereby protected.
The usable area is divided across 7 levels:
• Basement with technical and storage rooms
• Ground floor with supermarket (indefinitely rented)
• 1st & 2nd floors each with 4 single and 8 double rooms
• 3rd floor with 3 single and 6 double rooms; 2 offices in the courtyard section of the attic, which can be converted after completion into 1 single, 1 double, and 1 quadruple room (non-binding)
• 1st attic with 3 single and 6 double rooms
• 2nd attic with 2 single and 4 double rooms
Single rooms are approximately 9-12m², double rooms approximately 15-20m²
The commercial space on the ground floor is rented indefinitely to a supermarket.
The current net rent is € 5,796.72/month, thus € 69,560.64/year.
Energy values for the ground floor are approximately: HWB: 111 kWh/m²;a, fGEE: 1.22
Location:
The location is ideal for the planned use: In immediate proximity to the Vienna-Meidling train station with excellent connections to the subway, S-Bahn, regional trains, trams, and numerous bus lines. The connection to the city center takes about 20–25 minutes; there are direct connections with the S-Bahn to Wien-Mitte and the main train station as well as with bus and tram lines to the opera/Karlsplatz. In summary: optimal, fast, and convenient access to the Vienna city center and the surrounding area.
We would like to point out that inquiries can only be answered with complete information and proof of sufficient creditworthiness. We appreciate your understanding in this matter.
Please note that there is a close familial or economic relationship between the broker and the client.
The agent acts as a double broker.
