Servite Quarter: Renovated period apartment with dual setup—owner-occupied and/or rental

Right in the Servitenviertel, where Vienna shows its elegant side, this period apartment of around 102 m² of living space is located just a few minutes’ walk from the University of Vienna and the First District. Yet the location feels pleasantly secluded. Via a green inner courtyard reminiscent of a hidden piece of city garden, you enter the impressive building, constructed in 1861. On the third floor, conveniently accessible by elevator, the apartment enjoys an absolutely quiet courtyard setting. The view opens onto the green courtyard; the atmosphere is calm—surprisingly relaxed for such a central location. This is where that rare moment of retreat in the middle of the city is created. As part of the 2023 renovation, special care was taken to preserve the property’s historic character while creating relaxed living comfort. Refurbished windows, electrics, water pipes, bathrooms and kitchenette units provide a clear, pared-down yet high-quality standard of living; bright rooms, high ceilings and generous window areas create a friendly, inviting, open living feel. Hot-water preparation and heating are electric, using new, highly energy-efficient appliances. The property is currently divided into two spatially separate residential units, each with its own entrance. This configuration offers flexible possibilities—whether for living and working under one roof, a combination of owner-occupation and letting, or long-term flexible life planning. If required, the two units could be easily reconnected, as this historically already existed. Both units feature a very similar open, flexible layout: a living/bedroom, a spacious entrance hall with an open kitchen and dining area including a fitted kitchen, and a well-equipped bathroom with bathtub. The space is complemented by a storage room within each unit, plus another opposite in the corridor. One of the two units is let until early 2027 and generates a net rent of €923 per month. The existing tenancy agreement therefore already provides a stable income situation. The offer is rounded off by a basement storage compartment and the option, subject to availability, to rent a garage parking space in the building. This property is aimed at urban buyers as well as families looking for a city/student apartment, people seeking an uncomplicated urban second home in a perfect location, or those wishing to combine living and working. A property that accommodates various lifestyles as well as a sound investment—right in Vienna’s Servitenviertel, in an exceptionally popular and attractive location that is at once lively, inspiring and pleasantly quiet.