- Country and City / Town:
- Austria
- Vienna
- Postal code / ZIP code: 1180
- Property Type: House
- Price on request
- Object ID: 10311
Property description
Historic villa with exceptional potential for value appreciation – 1180 Vienna
In one of Vienna's most sought-after residential areas, in the heart of Währing, a prestigious turn-of-the-century villa with considerable development potential is now for sale. The property combines classic Viennese architecture with the rare opportunity to create an exclusive luxury residence in the premium segment.
The existing structure and an existing architectural study offer the prospect of a high-quality revitalization with generous living spaces, private outdoor areas, and exclusive amenities. This presents a unique opportunity for both owner-occupiers and investors to develop an exceptional residential property in one of Vienna's most stable real estate markets.
Development Potential
This study demonstrates the potential for transformation into an exclusive private residence with:
- Representative living area on the raised ground floor
- Spacious terrace areas and direct garden access
- Private garden with the possibility of pool construction
- Several bedrooms with en-suite bathrooms on the top floor
- Separate unit for guests, staff or home office
- Integration of garage as well as wellness and fitness area
The project enables the creation of a modern luxury residence while preserving historical substance – an offering that is extremely rare on the Viennese market.
Key Investment Highlights
- Prime location: Währing is one of Vienna's most sought-after and value-stable residential districts.
- Rare asset class: Historic villa with development potential
- Clear value-add strategy: Revitalization in the premium segment
- Attractive target group: International buyers in the luxury segment
- Privacy & Exclusivity: Detached structure with garden
- Architectural study available – immediate project development possible
Key Facts
- Plot size: approx. 425 m²
- Existing floor area: approx. 330 m²
- Potential usable area: approx. 342 m²
- Rooms: up to 6+
- Garden area: approx. 129 m²
Investment Case
This property offers a rare combination of:
- prime location
- historical substance
- clearly defined development perspective
and thus represents a highly attractive opportunity to realize a trophy asset in the Viennese luxury real estate market.
Notice pursuant to the Energy Performance Certificate Act: The owner/seller has not yet provided an energy performance certificate, despite our explanation of the general obligation to provide one and our request for its creation. Therefore, at least an overall energy efficiency rating corresponding to the age and type of building is considered agreed upon. We assume no guarantee or liability for the actual energy efficiency of the property offered.
We would like to point out that there is a close family or economic relationship between the intermediary and the third party being mediated.
The intermediary is acting as a dual agent.
Infrastructure / Distances
Health
Doctor <500m
Pharmacy <500m
Clinic <1,000m
Hospital <2,000m
Children & Schools
School <500m
Kindergarten <500m
University <1,500m
Higher school <500m
Local amenities
Supermarket <500m
Bakery <500m
Shopping center <1,500m
Other
ATM <500m
Bank <500m
Post <1,000m
Police <1,000m
Traffic
Bus <500m
Subway <1,000m
Tram <500m
Train station <500m
Motorway access <3,500m
Distance as the crow flies / Source: OpenStreetMap
Other Information
Consumer information:
Since June 13, 2014, due to new EU consumer rights, we can only send you the exact address, documents, and information after you have confirmed, by ticking the required boxes in the email we sent you in response to your inquiry, that you wish us to act immediately and that you have been informed of your right of withdrawal. You will also be reminded that our commission is payable ONLY UPON COMPLETION OF THE REAL ESTATE TRANSACTION (i.e., acceptance of the seller's purchase offer). We regret this procedure, which may be confusing and somewhat complicated for some, but would like to reiterate that our services are, of course, non-binding and free of charge until a potential purchase is actually made. Please feel free to contact us if you have any questions.
Additional costs will be incurred upon conclusion of a purchase agreement. Please refer to the schedule of additional costs for details. In the event of a sale with you or a third party you have introduced, our commission (according to the Real Estate Agents' Fee Ordinance, Federal Law Gazette 262 and 297/1996) is 3% of the purchase price plus statutory VAT, totaling 3.6%.
NEW Fee exemption for real estate purchases:
Since April 1, 2024, buyers of real estate can be exempt from the land registry fee for ownership rights up to an assessment basis of €500,000 per person and from the fee for registering a lien up to a total assessment basis of €500,000 (1.1% of the purchase price or 1.2% of the lien value). If the assessment basis exceeds €500,000, only the excess amount is subject to the registration fee. However, the fee exemption is completely forfeited for assessment bases exceeding €2 million. Applications for registration in the land register must be submitted between July 1, 2024, and June 30, 2026. The exemption requires both registering the acquired property as the primary residence and relinquishing any rights of residence in the previous residence. For purchases financed by a loan, more than 90% of the loan must be used for the acquisition or renovation of the property. The acquired home must be occupied for five years; if it is sold or abandoned as the primary residence before then, the fee will be levied retroactively.
Data protection information for prospective customers and customers:
The General Data Protection Regulation (GDPR), which came into effect on May 25, 2018, serves to protect your privacy, which is of paramount importance to us. The protection of personal data is important to us and is also legally required. Your personal data is processed in accordance with data protection regulations – see also our website www.kokron-immobilien.at .
- Living area / Living space:
- 330,00 m²
- 3.552,09 ft²
- Land size / Lot size:
- 425,00 m²
- 4.574,66 ft²
- Number of bathrooms: 5
- Number of rooms in total: 8
- Number of garages: 1
- Outdoor area / Exterior:
- Balcony
- Loggia
- Condition:
- In need of renovation
- Old building
- Year of construction: 1900
