The perfect time to buy a historical Viennese rental property – a JP Zinshaus
Trust in 30 years of experience.
Lasting value in uncertain times:
a JP Zinshaus rental property
And profit from stable returns.
Invest in a JP Zinshaus at a prime location today. Because no other form of investment is as resilient and stable as real estate under the current conditions. Our specialists look forward to advising you in detail – we are confident that we have just what you are looking for!
We take care of all the details for you, from drafting the purchase agreement all the way to property management. Your capital is invested in a sustainable asset, and you profit from regular returns. If you wish, we can continue to take care of your needs and the needs of your new rental property after the deal closes with our comprehensive services: owner’s representation, asset management, renovation, property management, and the marketing of vacancies. Plus the JP Hassle-Free Package, of course!
“Vienna has outstanding development potential, and we are certain that historical rental properties in this unique city are a stable investment that maintain their value even in times of economic turbulence.”
Reza Akhavan
Owner and Managing Partner
Showcase JP Zinshaus: Gentzgasse
Architecture
The attractive Historicist Zinshaus complex with a street-facing courtyard was built just after the turn of the last century in 1904, is divided into four main sections, and features generous green spaces. The U-shaped layout of the property, which was typical for new Historicist construction in the late 19th and early 20th centuries, creates a rare twin double-bay configuration with apartments facing either the street or inner courtyard on each side of the “U”.
The two street-side facades each feature two caryatids – striking female forms – seeming to bear the words “Kunst” (German for “art”) and “Wissen” (German for “knowledge”) above their heads. The apartments facing the courtyard have balconies in some cases, and the rear sections also have a number of converted former loggias and rooftop terraces.
History
This exciting property was acquired by the JP Real Estate Group in 2010. Handing the property over to a new manager became a true challenge given that the previous owner had “filed” the entire property documentation in a stack of banana boxes.
And not only was the documentation in dire need of attention, the building itself had long been left to its own devices and urgent action was necessary to preserve the structure of this impressive historical complex.
We restored the former “Elisabeth Hof” that featured a monument of Empress Elisabeth to its former glory with great attention to detail and after intense study of old construction plans and facade views, and with extensive greenery in the inner courtyard – including a new monument. Finally, this very special courtyard again welcomes the building’s residents to relax, socialize, and unwind.
The highest standards in renovation – combined with JP quality
A selection of successfully restored and in part sold properties
What is a Historicist Zinshaus?
The soul of the Vienna cityscape
“Zinshaus” is the Viennese term that primarily refers to a multi-unit building constructed before 1945 consisting of apartments and possibly commercial units and that serves to generate investment returns in the form of monthly rental income.
Such a multi-unit property built before 1945 (especially from 1840 to 1918) is even more valuable, falling into the Historicist period of architecture – also called the “Gründerzeit” by locals. Buildings erected in later years and in which apartments are rented out can also be called a Zinshaus in Vienna, unless they are organised in the form of a housing cooperative or if they were built with public funding.
The Historicist Zinshaus materially shaped the look and feel of many of Vienna’s districts – especially the buildings around the Ring Boulevard and in the districts within the Gürtel beltway in general – and boast striking facade elements, standing out as poignant reminders of a bygone era.
Work with the very best
We approach our properties with passion, many years of experience, and deep respect – because we bear great responsibility not only towards you as our client, but also towards future generations. Preserving Vienna’s historical buildings shapes the feel of entire neighbourhoods and of the entire cityscape over the long term. This is why we are so committed to treating Historicist rental properties with particular respect.
We look forward to hearing from you!
Mag. (FH) Michael Janecek, MSc
Head of Asset Management and Investment, Owner’s Representative and Authorised Officer
Reza Akhavan
Owner and Managing Partner
Buy a historical JP Zinshaus
in 5 steps:
- Enquiry
- Consultation
- Viewing
- Offer
- Deal execution
References
A look at the more than 520 stunning Historicist properties that we have already developed.
What we deliver –
What you gain
The JP Hassle-Free Package – buying a historical Zinshaus made easy.
Nearly 30 years
of experience
Legal certainty
Integrity and trust
Acceptance of the purchase offer
within 24 hours
Purchase agreement for your rental property within 1 week
Hassle-free escrow services
for the purchase
“It really can be this easy. Buying a historical JP Zinshaus marks the start of a new, worry-free chapter of your life. Trust in nearly 30 years of experience, deep expertise in historical Viennese rental properties, and uncompromising integrity.”
Michael Janecek
Head of Asset Management and Investment, Owner’s Representative and Authorised Officer
Do you have questions about historical Zinshaus rental properties?
We have the answers!
Contact us about purchasing a JP Zinshaus
We are ready to assist you on the basis of our 30 years of experience if you are looking to purchase a historical rental property in Vienna. You can count on hassle-free, legally robust deal execution and on our uncompromising integrity. We keep our promises!
