General Information

  • IRR%: 6.5
  • CoC%: -
  • Minimum: 0 EUR
  • Type: -
  • Asset: -
  • Investors: 0
  • Start Date: 2019-01-03
  • End Date: -
  • Target: 600k EUR
  • Completed: 100%

Additional Information

  • Erzherzog-Karl-Straße 9
  • Vienna
  • Vienna
  • Austria

Project Presentation The project Erzherzog-Karl-Straße 9 is in close proximity to the Old Danube. The U1 station Kagran is only a few minutes away on foot and thus ideal for owner-occupiers or for rent. The building facing the street consists of two full floors located above ground and three attic floors. In the course of construction measures, 43 modern residential units will be created. All apartments have either open spaces such as balcony, loggias, garden area or terraces. Particular attention was given to the planning on well-designed 2-room apartments with high comfort. Due to the proximity to the recreational area of the Old Danube and the excellent infrastructure, the residential building is also suitable as an investment. Deal Highlights Vienna – a Metropolis on the blue Danube For years Vienna has been on top of international city rankings for its high livability. Due to Vienna’s great mix of culture, affordability, cleanliness, public transport, and other aspects it has been awarded “Quality of Living 2017” by the international consulting firm Mercer Consulting for many years in a row now. In comparison to other top cities Vienna has a fairly low cost of living. Quiet location with excellent connection The quiet location near the Viennese lifeline, the Old Danube, offers a retreat from the hustle and bustle of the city life. Nevertheless, due to the connection of the U1, it is easy to reach the city center. Also, the Reichsbrücke offers a direct connection to the Donauinsel and its cultural offer. High return – yearly distribution Investors will receive a return of 6,5% per year based on a yearly distribution. At the end of the term the investors will receive their invested capital. Conception and implementation of the project by teamneunzehn The teamneunzehn.at Immobilienmanagement GmbH was founded in autumn 2010 by Alexander Ringsmuth and his sons Christoph and Markus. During the last 7 years, they have achieved an established place in the real estate industry and play as formerly active footballers and team players a leading role in this industry. With their competent team, the Ringmuths are a strong partner for all their customers and together they also accomplish very ambitious goals! Handshake quality, reliability and loyalty are often forgotten today, especially in business characteristics. The teamneunzehn team, however, couples exactly these qualities with expertise and complete commitment.

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