Lieblgasse 9 is located in Donaustadt, Vienna’s 22nd district, which is currently one of the fastest-growing and most popular yet still affordable residential areas in Vienna.
It consists of five newly built row houses that are being sold directly by the developer as freehold properties.
Lieblgasse leads from Wagramer Straße into a small, traffic-calmed residential area predominantly composed of single-family and row houses, with some commercial and service companies also located nearby. A kindergarten, school, and numerous local shops are within immediate reach.
There are also many opportunities for sports and leisure activities in the vicinity, such as the Sporthalle Lieblgasse, the leisure park Family Fun, and the Motorikpark 22.
The connection to the public transport network is excellent: a bus stop for line 25A is located just around the corner, and the U-Bahn stations Rennbahnweg and Aderklaaerstraße are within comfortable walking distance. In about 15 minutes, you can reach the city center directly via the U1 line.
The project comprises five modern row houses with spacious layouts, each consisting of a living room, three bedrooms, two bathrooms, a separate WC, and a fully functional basement – a rare added value in Vienna.
The solid timber construction combined with an air-source heat pump for heating and hot water, as well as air conditioning, meets modern ESG requirements regarding sustainability and energy efficiency.
Particularly noteworthy is the possibility of using the units as serviced apartments or for short-term tourist rentals – a segment in high demand in Vienna that offers stable returns along with significant value creation potential. This usage clearly sets the project apart from the usual offerings, making it highly attractive for both investors and operators.
The independent appraisal of the entire project amounts to €3.180.000, while our acquisition offer is €3.000.000.
The purchase price includes all ancillary purchase costs such as land transfer tax, registration fee, contract drafting costs, notary fees, and broker commission, but excludes furniture.
In this context, a dedicated project company will be established to acquire the project.
Assumptions for short-term rental
Daily rate per house (gross): € 290
Occupancy: 75%
Units: 5 houses
Local tourist tax (Ortstaxe): 2.9% until 31/12/2025, from 01/01/2026 → 8.5%
OPEX (incl. cleaning, management, energy etc.): 40% of net lodging revenue
Annual revenue growth: 2%
Total purchase price: € 3,000,000 Calculation Year 1 (2025)
Gross daily revenue per house: € 290
Occupancy: 75% → 273.75 days/year
Annual revenue per house: € 79,387.50
For 5 houses: € 396.937,50 gross
Net lodging revenue (excluding 10% VAT, typical for tourism in Vienna): approx. € 360.852,27
Local tourist tax 2.9% (2025): ~ € 10.465 OPEX (40% of revenue): € 144.341
NOI (Net Operating Income):
€ 360,852 − € 144.341 − € 10.465 ≈ € 206.046
ROI (NOI / purchase price): 206.046 / 3.000.000 ≈ 6.9%
