Grundstein 4 in Vienna

Name: Sales in Grundstein 4 started!
Start: 2021-09-02T07:33:59.467964+00:00
End: 2023-12-31T23:59:59+0000
Location: Grundstein 4

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Project info

Object ID: 14145

Finished at	December 2021
Price, m²	From 7890$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 30.00 m²
Floors	6
Apartments	29
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

236,700$

Net profit

5,906$

Payback period

29.2 years

Avg property value increase per year

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About the project

Brunnenmarkt, Yppenplatz, Ottakringer Brewery, 10er Marie - just a few of the most popular hotspots that life in the sixteenth revolves around. An environment as lively as the metropolis of Vienna itself. This is exactly where the planned new building project Grundstein 4 with its 25 modern condominiums and four townhouses fits into the urban environment as a personal place-to-live hotspot.

Individual, lively and yet familiar - this is the best way to describe life in the trendy Ottakring district. In the new building project at Grundsteingasse 4, a cozy center of life is being created, peppered with a pinch of zest for life and urbanity. This is where you come to stay - because this is where you will feel right at home!

Developer

PROJECT PI Immobilien Wien AG develops and sells urban residential areas in the metropolitan region of Vienna. The success factor of the ent…
Details about PROJECT PI Immobilien Wien AG