Quellenstraße 16–18 – New-build condominiums for sale in 1100 Favoriten Wien

14 condominium apartments in a classic Viennese Gründerzeit (turn-of-the-century) Altbau on Quellenstraße in Vienna's 10th district, Favoriten. The portfolio ranges from 1-room units of approximately 30 m² to 3- and 4-room apartments of over 100 m². Both renovated, move-in-ready apartments and apartments in need of renovation are available for sale — with significant potential for conversion and refurbishment.

Location and Transport Links

Quellenstraße is in a quiet residential area in Vienna's 10th district, Favoriten. Daily-needs shops, general practitioners and specialist doctors, and schools are within walking distance.

* Tram lines 6 (Burggasse/Stadthalle – Reumannplatz), 11 (Otto-Probst-Platz – Kaiserebersdorf) and D (Nußdorf – Alfred-Adler-Straße) run directly along Quellenstraße (about 2 minutes on foot) * U-Bahn stations Reumannplatz (U1) and Keplerplatz (U1) are just minutes away * Vienna Central Station (Hauptbahnhof) and the city centre are quickly reachable

Building and Amenities

Classic Viennese Altbau (Gründerzeit period). A loft conversion (Dachgeschossausbau) is planned, including the installation of a passenger lift. Any costs arising from the potential loft conversion will be covered by the seller — with the exception of a one-time lift contribution:

* Mezzanine: € 4,000 * 1st floor: € 6,000 * 2nd & 3rd floor: € 8,000

Structural completion of the lift can be guaranteed within 3 years.

Apartment Types

The portfolio includes:

* Renovated, move-in-ready apartments with floor-mounted gas heating and lift (first occupancy after renovation) * Apartments in need of renovation, sold "as is, where is", giving buyers a free hand in design * 1- to 4-room layouts on the mezzanine, 1st, 2nd and higher floors

Short-term rental is permitted under the Apartment Ownership Agreement (WEV), making the units also suitable for investors in the commercial short-term rental segment.

Pricing

Asking prices range from € 95,000 for the smallest 1-room units up to € 299,000 for the largest 4-room Altbau apartment. A selection of currently available units is presented in the apartment finder.

Contract Drafting and Settlement

Contract drafting and trusteeship: ENGINDENIZ Rechtsanwälte für Immobilienrecht GmbH, 1010 Vienna, Marc-Aurel-Straße 6/5. Minimum contract drafting cost: € 3,000 + outlays + 20% VAT, otherwise 1.5% plus outlays plus 20% VAT.

Important Notice

The broker discloses that there is a familial or economic close relationship between the broker and the third party being mediated. The broker acts as a dual broker.