Legally Rentable Serviced Apartment with Guaranteed Minimum Rent 40 m² Corner Apartment for Legal Short-Term Rental via…

Legally Rentable Serviced Apartment with Guaranteed Minimum Rent

40 m² corner apartment for legal short-term rental via Booking.com & Airbnb

The PhilsPlace Collection

The safest AirBnB investment in Vienna. “You are not just buying an apartment. You are buying a ready-made business model.”

40 m² serviced apartment | 3rd floor | northwest orientation | view over Vienna | professional operator | guaranteed minimum rent | future U2 station "Wienerberg"

One of the few legal opportunities to invest in short-term rentals in Vienna

Mayor Michael Ludwig plans to further tighten the rules for short-term rentals for apartments this year. Those who rent via platforms like Airbnb will soon have to register. Additionally, the reallocation to accommodation facilities will be made more difficult.

While the city of Vienna is continuously tightening the regulations for short-term rentals, the entire PhilsPlace already has a business license as an accommodation operation. The professionally managed rental with the renowned Vienna operator "Vienna Residences GmbH" takes place within the existing operating concept similar to a hotel with daily or weekly changing guests.

For investors, this means

• legally approved operating concept
• legal rental via Booking.com and Airbnb
• professional operator instead of self-management
• immediate ongoing rental income after handover
• Where do your rental income come from?
• The apartment is integrated into the professional operating concept of Vienna Residence GmbH.

Vienna Residence takes care of marketing via international booking platforms like Booking.com and Airbnb, booking management, guest support, cleaning, billing, and ongoing operations.

As an owner, you take over an already functioning rental concept and do not have to worry about guests or operational management.

Guaranteed minimum rent until the end of 2028

With the purchase, you take over an existing framework lease agreement with Vienna Residence GmbH.

The tenant guarantees a minimum rent per month and year, including an already contractually agreed annual adjustment until the end of 2028.

Additionally, there will be an annual settlement of the actual generated revenue rent.

“While in Vienna the possibilities for private Airbnb rentals are increasingly restricted, you are acquiring an apartment in an already approved accommodation operation – with a professional operator, guaranteed minimum rent, and an architecture that has long been among the icons of Vienna.”

Top 3.13 – The second largest apartment category in PhilsPlace

With around 40 m² of living space, Top 3.13 belongs to the second largest apartment type of the former Philips house and differs significantly from the smaller standard apartments.

Highlights

• approx. 40 m² of living space
• generous corner apartment
• separate master bedroom
• room height approx. 3.22 m
• northwest orientation
• view over Vienna
• high-quality custom-made carpentry from Carinthia
• fully furnished with designer furniture
• immediate monthly rental income with minimum guarantee
• cellar compartment
• Purchase price

When buying as an "investment apartment" for rental purposes, the 20% VAT will be fully refunded by the tax office.

Tax-related issues should be individually checked by the tax advisor!

Apartment

Net: EUR 210,000

Gross: EUR 252,000

Designer furniture & fittings

Net: EUR 25,000

Gross: EUR 30,000

Total purchase price

Net: EUR 252,000

Gross: EUR 282,000

The entire designer furniture and furnishings worth net EUR 25,000 can be separately depreciated over 10 years. The specific depreciation, especially the shortened depreciation over up to 10 years, should be coordinated individually with the tax advisor.

When buying as an "investment apartment" for rental purposes, the 20% VAT will be fully refunded by the tax office.

Tax-related issues should be individually checked by the tax advisor!

Why this investment is particularly interesting

✓ legal short-term rental in an approved accommodation operation

✓ professional operating concept of Vienna Residence GmbH

✓ guaranteed minimum rent until the end of 2028

✓ second largest apartment category in PhilsPlace

✓ high-quality designer furnishings

✓ view over Vienna

✓ attractive development potential due to the planned U2 expansion

Additional costs

3% commission plus 20% VAT

3.5% property transfer tax

1.1% land registration fee

Notary, trustee, and contract preparation costs according to the tariff

When buying as an "investment apartment" for rental purposes, the 20% VAT will be fully refunded by the tax office.

Tax-related issues should be individually checked by the tax advisor!

Viewing should be arranged directly by phone.

Gerhard J. Lottes

Project Lead & licensed real estate agent

Decus Immobilien GmbH

A – 1010 Vienna, Kärntner Straße 39/Annagasse 1

M +43 660 593 89 90

T +43 1 35 600 10

E lottes@decus.at

W www.decus.at

All information is subject to change, printing and typing errors. Tax information does not replace tax advice.

Part 2

An apartment that clearly differs from classic investment apartments

Top 3.13 | 40 m² corner apartment | northwest orientation | 3rd floor

This exceptional corner apartment combines generous spatial feeling, high-quality architecture, and a designer furnishing that is coordinated down to the smallest detail.

With around 46 m² of living space, a room height of approx. 3.22 meters, nine continuous panoramic windows, and the unobstructed view up to Schneeberg and Rax, a living experience is created that goes far beyond the standard of classic serviced apartments.

The most important key data

approx. 40 m² of living space

generous corner apartment on the 3rd floor

separable master bedroom area

northwest orientation

nine large-format full-aluminum panoramic windows with quadruple glazing

automatic exterior shading

district heating and integrated cooling

cellar compartment included in the purchase price

fully furnished