Hule Bachmayr- Heyda Nordberg
Real estate law is an integral part of the Vienna-based law firm Hule Bachmayr- Heyda Nordberg. Partners Dr. Michael Hule and Dr. Christian Nordberg outline the important aspects of the increasingly popular investments in student housing and serviced apartment projects. Dr. Hule and Dr. Nordberg give an insight into why these types of real estate investments are becoming more popular amongst investors. “The increasing popularity is due to the higher returns such properties generate. Tenants pay monthly rents starting from 600 euros for units no larger than 20 to 25 square metres, fully furnished, with Wi-Fi and TV, lounge, laundry service and sauna. However, in order to secure the higher returns, the property has to comply with a variety of legal requirements,” the partners explain.
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