Already refunded

Adam-Betz-Gasse 6

Vienna

Return

6.75% p.a.

Duration

24 months

Project type

Growth

Distribution

Yearly

Notice according to § 12 (2) Vermögensanlagengesetz

This investment involves considerable risk and may result in partial or total loss.

Project Presentation

The project "Adam-Betz-Gasse 6" is a new building project in the midst of the 22nd district's wonderful green area, close to all important amenities for daily needs and at the same time surrounded by sufficient nature and recreational areas. This project is a terraced house settlement with 6 residential units including the respective car parking space for subsequent sale.

A total of 628.85 m² of usable space and open spaces such as roof terraces, patios and gardens with an area of 445.67 m² will be built. The residential units will be built with a special focus on contemporary and comfortable construction. Special attention is paid to the use of high-quality materials.

Deal Highlights

Rendity instant interest rate

Investors receive immediate interest from the time they pay in their investment, which is paid out at the end of the subscription period. With the Rendity Sofortzins you receive for your invested capital not only interest for the loan period, but also for the time before. This means that you also receive interest on your investment during the subscription period. You already receive your accrued immediate interest after the end of the subscription period.

Vienna - the metropolis at the blue Danube river

For years Vienna has been enthroned at the top of the cities with the highest quality of life. This year again, Vienna's blend of quality of living, first-class cultural offerings, local recreation areas and public transport infrastructure took the top spot in the international study "Quality of Living 2018" by the consulting firm Mercer Consulting. Especially in comparison with top international cities, property prices are moderate and construction quality is high.

Green location in the 22nd district

The 22nd district in Vienna, also known as "Danube City", is Vienna's largest district in terms of area and is home to many local recreation and nature reserves such as the Old Danube, the Lobau and the Marchfeld. The 22nd district is also known for its office and residential districts such as Donau City and Seestadt Aspern.

Attractive interest rates - 6.75% annual payout

Investors receive an annual return of 6.75% on their invested capital. The interest is distributed to the investors every year. The invested capital is repaid to the investors at the end of the term.

Design and implementation of the project by Nadland Immoinvest GmbH

Nadland Immoinvest GmbH, managed by the managing director Yakov Uston and Robert Haimov and supported by the expertise of Arik Alaev (company MY-REL Holding GmbH as shareholder), brings the realisation of the row house project in "Adam-Betz-Gasse 6, 1220 Vienna" to fruition.

Investment Case

For the purpose of partially refinancing the equity capital used, Nadland Immoinvest GmbH intends to take up qualified subordinated loans of a maximum of € 500,000.

The borrower is the land register owner of the property EZ 407 KG 01654 in Adam-Betz-Gasse 6, 1220 Vienna. A total of 6 residential units between 101m² and 111m² living space on 3 floors each plus open spaces such as roof terraces, terraces and gardens will be built. The property has already been acquired and planning activities are in full swing. The aim is to sell the row houses individually at market prices.

Annual distributions:

During the term, the lender will receive an annual distribution of 6.75%.

Short term:

The lender receives its invested capital back after the sale of the apartments. According to the plan, this is to take place after 24 months.

Financials

Acquisition price
650.000 €
Service charges
55.000 €
Up-front costs planning phase
96.000 €
Total cost of property
801.000 €
Construction costs
1.954.000 €
Additional building costs
110.000 €
Finance costs
201.000 €
Marketing and distribution
24.000 €
Total investment costs
3.090.000 €
Sales revenue (acceptance)
3.396.000 €
Estimate profit
3.396.000 €

Finance Structure

Location

The 22nd district in Vienna, also known as "Wien Donaustadt", is home to a variety of leisure and recreation areas. Special hotspots of the district are the Alte Donau, the area around Donau-City and the lakeside town of Aspern. Many residents especially appreciate the family-friendly and quiet residential areas of the 22nd district with sufficient space for families and sports activities. The Urban Lakeside Aspern is located in the immediate vicinity of Adam-Betz-Gasse, where the new building project is to be realised.

Discover the surroundings

Adam-Betz-Gasse is a small alley in the centre of a residential area with almost exclusively single-family houses and very little traffic on the eastern outskirts of Vienna. The immediate proximity to the large urban development area Seestadt Aspern means that in Adam-Betz-Gasse one can enjoy both the peace and security of a still rural housing estate and the amenities of a modern district with extensive social, educational, cultural and sports facilities as well as various possibilities for local supply. The connection to the public transport network is also provided by bus lines and the underground station Seestadt Aspern. The U2 underground line, for example, takes about 20 minutes to get directly to the city centre. A walk to the south takes you to the Lobau, the famous Danube floodplain, forest and recreation area with the national park.

Lakeside town Aspern

The Urban Lakeside Aspern in the 22nd district of Vienna is one of the largest urban development projects in Europe. Over the next few years, the district will be home to over 20,000 people who will live and work here. In the middle of the Urban Lakeside is the artificial lake that gives the district its name and serves as a recreational area for residents. According to the urban planning concept, 15,000 new office workplaces will be created in addition to the more than 10,000 apartments. Four parks and green spaces are available to the residents of the Urban Lakeside to ensure a high quality of life. For the cityscape, huge and anonymous blocks of buildings are avoided; instead, differently designed townhouses are being built. The focal points of the housing model are: Climate friendliness, affordability, social sustainability, functional mix and architectural diversity.

Danube Park

The Donaupark is a park of around 604,000 m² in the 22nd district of Vienna Donaustadt. The Donaupark is conveniently located between Wagramer Strasse, the Bruckhaufen housing estate, Arbeiterstrandbadstrasse and Hubertusdamm. Directly adjacent to the Donaupark, which originally reached as far as Wagramer Strasse, is the UNO-City with the Vienna International Centre and the Austria Center Vienna, to the south of which is the Danube City and then the Copa Cagrana with the Danube Island to the New Danube. In the north, the Danube Park is bordered by the beach resorts along the Old Danube.

Old Danube

The Alte Donau is an oxbow lake of the Danube in Vienna. It is located northeast of the New Danube, which accompanies the Danube's main stream, but has no direct connection with it or with the Danube itself. The Old Danube is a leisure and bathing area close to the city centre, which can be reached by underground. Several very popular public lidos can be found along the banks, including the most famous one, the Goose Pond. The Old Danube is ideal for water-related leisure activities and on summer days is often used for windsurfing and boating. Along the Old Danube you will find a large number of sailing schools and boat rentals.

location-map_2a8f315ec9

Rating

C
CategoryRatingPoints
LocationSecondary
2
VacancyVacant
3
Development StageNew Construction
3
Track RecordMore than € 250 million developed
1
Asset TypeResidential
Duration18-36 months
2
Existing Bank FinancingYes
Pre Sales0-9,9%
3
Total
14
C
Rendity Rating are for informational purposes only. Real estate projects may fail. In the worst case, even the total loss of the invested capital can occur. You should therefore only invest funds you can afford to lose. Moreover, funds should be spread across various projects (diversification). Please note the respective documents for each project as well as the Risk Notice.

Team

Nadland Immoinvest GmbH was founded in June 2006 by Yakov Uston and Robert Haimov. Since its foundation, Nadland Immoinvest GmbH has been engaged in the development and implementation of real estate projects in Vienna. The focus is on the creation of high quality living space in urban locations.

Yakov Uston, founder and managing director of Nadland Immoinvest, brings with him more than 20 years of experience in the real estate industry and a comprehensive track record of successfully completed real estate projects. Prior to founding Nadland Immoinvest, Mr. Uston led the fortunes of SL Immo. In the course of SL Immo's activities, Mr. Uston carried out the renovation and realization of several hundred apartments.

Robert Haimov brings decades of experience in the real estate industry in Vienna and has already realised projects worth more than 250 million in the course of his real estate career. In addition to his activities in the real estate industry, Robert Haimov runs a fashion company with numerous "high profile" locations in Vienna's inner city.

The founder and managing director of the consulting and investment company LonVin Partners and MY-REL Immobilien GmbH, Arik Alaev, works with selected real estate funds and family offices as an investment partner. On this basis, LonVin Partners supports Nadland Immoinvest GmbH in the financing and structuring of real estate projects. MY-REL Immobilien GmbH brings further professional expertise to the implementation of the project in question. Arik Alaev is a financial consultant for small and medium-sized companies in Austria and Germany, real estate developer and investor. As founder and managing director of the consulting and investment company LonVin Partners as well as MY-REL Holding GmbH, which holds shares in real estate companies (currently with a total volume of 5 million Euros). He has specialised in the implementation of residential refurbishment and new construction. Previously, he worked as an investment banker at Goldman Sachs in the real estate sector and as an analyst at Citigroup in the area of mergers and acquisitions. He completed his Master in Management in France/Paris.

Nadland Immoinvest GmbH

Nadland Immoinvest GmbH