Investment in the Heart of Klagenfurt: Apartment Block with 600m² Area and City View
What defines this house
- Coolness of the location: weak
- Everyday infrastructure: excellent
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Description from the provider
Stylish period building in the city center of Klagenfurt
Description
For sale is an elegant period building located in the city center of Klagenfurt at Lake Wörthersee. The building impresses with arcades, high rooms, and French doors that combine historical charm with residential comfort. The property comprises a total of 6 existing units; 4 of them are currently rented on a fixed-term basis. Units Top 1 and Top 4 were most recently used as office space and service apartment and are currently vacant, as renovation work is needed for expansion.
Potential & Expansion Opportunities
Approval plan for attic expansion and installation of an elevator available
Building permit is in place
Land area approx. 380 m²
Usable area currently approx. 600 m² with expansion potential of approx. 300 m² through attic expansion
Location
Central, well-frequented location on Karfreitstraße in Klagenfurt (city center), in immediate proximity to doctors, pharmacies, schools, kindergartens, universities, and other facilities. Mixed area of residential and commercial buildings with ideal infrastructure.
Highlights
Stylish period building with arcades
Historical charm meets modern living comfort
6 existing units, 4 rented, Top 1 & Top 4 currently vacant
Existing approval plans and building permit for attic expansion + elevator
Expansion opportunity of approx. 300 m² usable area
Central location with good infrastructure and public transport connections
This property is suitable for both self-use with sustainable expansion potential and for investors who value historical architecture.
We point out that there is a familial or economic close relationship between the broker and the third party to be brokered.
The broker is acting as a dual agent.
Automatically translated from the provider’s German description.
Key facts
Price per m²: calculated by wohnwahn.
Features
Investor metrics
Listed as an investment property by the provider
The provider offers this as an investment but states no annual rent. Without it we do not calculate a yield, rather than estimate one.
Without guarantee. Net yield is lower once operating costs, maintenance, vacancy and taxes are accounted for.
What we know about this location
Measured, dated and traceable. You will not find these figures in a listing.
Rating
Faded bars are not based on real data yet. For the price we need enough comparable listings in this area. Commute comes from data about the surrounding area, and we do not have it here yet.
Summer heat
What is nearby
The nearest places within walking distance, by category.
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Light & shadows
Public transport nearby
The nearest stop per mode, with the real weekday frequency. Walking time is estimated from the straight-line distance: no street network is available to us for this area.
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Source: timetable data from Austria's transport associations and ÖBB · walking time estimated from the straight-line distance
Greenery around this spot
Trees & woody vegetation: plenty of treesWithin 300 m, 11 % of the area carries trees or woody vegetation. From satellite imagery (Copernicus, 2021 data), so trees in private gardens are included. Shrubs, orchards and vineyards count as well.
Individual trees are only registered by some cities. There is no such register for this location, so only the green rating above applies here.
Interested in this listing?
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