General Information

  • IRR%: 5.5
  • CoC%: -
  • Minimum: 0 EUR
  • Type: -
  • Asset: -
  • Investors: 0
  • Start Date: 2019-01-03
  • End Date: -
  • Target: 500k EUR
  • Completed: 100%

Additional Information

  • Magdalenenstraße 22
  • Vienna
  • Vienna
  • Austria

Project Presentation A total of 12 upscale residential units and 1 commercial space are in the midst of the 6th district, centrally located and close to all major hotspots, only a few meters away from Mariahilfer Straße and Naschmarkt. The elegant residential units are being built in a high-quality renovated old building and impress with their generous room layouts, which range in floor area between 70 m² to 110 m². In addition, there is a modern attic conversion, which takes into account all the amenities of contemporary construction. Comfort-designed materials turns living here into a special experience, in the heart of the beautiful 6th district. 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. Central Location In terms of transport, the Magdalenenstraße is optimally connected, within walking distance of the subway station Kettenbrückengasse (5 minutes) and various bus and tram connections (2 minutes). Recreation areas such as the Burggarten or the Resselpark are just a few minutes away. Attractive returns – 5,5% based on a yearly distribution Investors will receive a return of 5,25% 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 WINEGG The guiding principle of WINEGG: Creating lasting values for generations. WINEGG stands for good substance and best location. The WINEGG Realitäten Gesellschaft m.b.H was founded in 1998 in Vienna. Since then, the company has gained widespread recognition as a forward-looking investor, developer and quality-conscious developer. The vision of the company: Keep an eye on reality while still planning for the long term so that future generations can build their lives on a secure foundation. Since the very beginning, the company's specialties have included increasing the value of old buildings. Good substance and best location are the selection criteria. Today, WINEGG has also conquered a top position in the field of new construction development. In addition to Vienna and Austria, the commitment has also been extended to Berlin: Numerous properties have already been successfully completed, both in the area of old building development and in the field of residential construction.

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