- Country and City / Town:
- Austria
- Wien,Alsergrund
- Postal code / ZIP code: 1090
- Property Type: House
- Price:
- EUR 1.950.000
- (CHF 1.798.879)
- (CZK 47.811.243)
- (GBP 1.701.822)
- (HRK 14.691.856)
- (HUF 750.690.406)
- (JPY 358.482.677)
- (NOK 21.980.499)
- (RUB 180.465.297)
- (SEK 21.297.438)
- (TRY 100.109.266)
- (USD 2.245.499)
- Object ID: 10243
Property description
A house with soul, history and development potential – ideal for investors, project developers or lovers of historical substance.
Attractive mix of commercial space, indefinite short-term rentals (Airbnb) & high-quality maisonette apartments.
Key data
- Purchase price: €1,950,000 net
- Year of construction: 18th century
- Heating: District heating
- Hot water: Electric water heater
- Listed building status: no MRG application (according to the seller)
Area layout
Ground floor
- Top 1 – Retail space: 77.74 m² (currently not renovated)
- E possibly future garage?: 14.05 m²
- Storage area: 2.35 m²
- Top 2 – Airbnb : 37.60 m²
- Courtyard: approx. 32.07 m² – a charming oasis of calm in the heart of the city
1st floor & attic – Two maisonette apartments
- Top 3: 97.96 m²
- Top 4: 113.45 m²
Spacious, light-filled units with historical flair and modern living comfort – a sought-after type of housing in an urban location.
Attic
- Top 5 – Airbnb: 35.18 m²
A house with history
Around the year 1514, the famous physician and alchemist Paracelsus is said to have stayed in Vienna. According to tradition, he resided in an inn near the Red Tower – and there transformed a simple brass penny into pure gold to settle an outstanding bill and unite two lovers.
The innkeeper, beside himself with amazement, kissed the gold coin – and that's how the name of the house came about:
"For the love of money" .
A painting of a man kissing a golden penny is said to have once adorned the facade – along with a poetic inscription by the 16th-century poet Wolfgang Schmelzl.
Whether alchemy or a beautiful legend – one thing is certain:
This house has always been a place of transformation, new beginnings, and economic success.
Investment potential
- A combination of existing apartments , short-term rentals and commercial space - top returns!
- Raw commercial premises with development potential
- Listed building with lasting value
- Excellent location in the popular Alsergrund district
- Historical character as a unique selling point
- Potential for value enhancement through careful revitalization
Location – 1090 Vienna
The 9th district is one of the most sought-after residential and investment locations in Vienna:
Universities, medical facilities, restaurants, local amenities, and public transport connections are all within easy reach. The city center can be reached in just a few minutes.
A historic tenement building from the 18th century, steeped in legend, with an inner courtyard, mixed use and development potential – in one of Vienna's best locations.
If you value historical substance, recognize development potential and want to invest in sustainable values, we should talk.
Position
In the sought-after 9th district of Vienna – Alsergrund, just a few steps from the university, the AKH and the city center, an exceptional, listed tenement building from the 18th century is up for sale. 
