General Information

  • IRR%: 5.25
  • CoC%: -
  • Minimum: 0 EUR
  • Type: -
  • Asset: -
  • Investors: 0
  • Start Date: 2019-01-03
  • End Date: -
  • Target: 1.5m EUR
  • Completed: 100%

Additional Information

  • Renngasse 10
  • Vienna
  • Vienna
  • Austria

Project Presentation Right in the historic city center of Vienna, the developer JP Immobilien is building residential property consisting of 73 city apartments called No10. The architectural design stems from the award-winning architectural office 3XN, based in Copenhagen. Bringing Manhattan 5th Avenue flair to Vienna was the goal of this undertaking. Living in the heart of Vienna The smart apartments, ranging from 55m² to 250m², are all designed to be convenient and elegant at the same time, only using quality materials. With various benefits No10 adds layers of service to the first-class living experience: residents can use the custom entertainment room for private dinner parties and events or work out in the exclusive gym area. The underground garage features electronic charging devices for electric vehicles. Deal Highlights More than 50% of all apartments have already been sold From an investor's point of view, it is extremely positive that more than half of all apartments have already been sold. The No10 thus impressively shows that this real estate project is well received by the customers. As central as it gets This is as central as you can get within Vienna: No10 is located only minutes away from the famous Stephansdom, an important tourist attraction and landmark of Vienna. You can easily access the high street retail areas of “Graben” and “Kohlmarkt” but also public transportation hubs such as the “Schottentor” or “Stephansplatz”. Attractive returns – 5,25% 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. 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. Experienced real estate developers JP Immobilien is an experienced real estate developer with a strong focus on Vienna and active in the following fields: investment, development, renovation, sales and property management. These pillars are the foundation of JP Immobilien’s 20-year experience in the real estate industry. No10 was designed by the international star architects 3XN The progressive and Scandinavian approach by architectural office 3XN took first place in the international competition held by JP Immobilien. 3XN, based in Copenhagen, is an international architectural office with offices in New York, Sydney, and Stockholm. Currently they are also working on other landmark development projects such as the new headquarter of the Olympic Committee in Lausanne, Switzerland, or a high rise residential project in in Mumbai, India.

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