Already refunded

Albrechtstraße 123

Klosterneuburg

Return

7% 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

In the project "Albrechtstraße 123" in Klosterneuburg, two apartment buildings are being built in an exclusive design with a total of 9 apartments between 40 m² and 89 m² with a total usable floor space of 572 m². All apartments have balconies, terraces and individually assigned cellar compartments. The residents of the house have 6 car parking spaces in the basement, as well as a pram storage room. Special emphasis was placed on sustainable construction and well thought-out floor plans. During the planning stage, it was possible to create residential units for a wide range of target groups and to adapt the room layout to a wide range of living situations.

The realising real estate developer, who has already successfully implemented many such projects in the course of his long career, has already acquired the land, received the building permit and is now at the beginning of the construction phase. The property is located directly on the city limits of the federal capital Vienna - the city centre can be easily reached by car in 20 minutes. The proximity to the Ölberg, Kahlenberg and the Danube offer a life in the green.

Deal Highlights

Security by personal liability

Personal liability in the form of a hard letter of comfort in the amount of the loan amount issued by the managing partner Dr. Roman Müller.

Noble suburb of Vienna

Due to its favourable location, Klosterneuburg has established itself as a city with a very high quality of life. From the well-developed city centre, it takes only 20 minutes by car to reach the city centre of Vienna. At the same time Klosterneuburg benefits from the generous local recreation areas along the Danube and the neighbouring Viennese local mountains. Economically, Klosterneuburg has always been an important junction, due to the monastery of Klosterneuburg. Today Klosterneuburg is one of the cities with the highest purchasing power in Austria.

Attractive interest rates - 7.00% annual payout

Investors receive an annual interest rate of 7.00% 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.

Apartment buildings according to the most modern standards

A total of 9 exclusive residential units with a total usable floor space of 572 m² and state-of-the-art equipment.

Building permit has already been granted

Following the purchase of the property, building permission has already been successfully obtained and construction work has begun.

Rendity Instant Interest - Interest from the 1st day

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 investors receive interest for their invested capital not only for the loan term but also for the time before. This means that investors also receive interest on their investment during the subscription period. The accrued immediate yield interest is paid out to the Wallet after the end of the subscription period.

Investment Case

For the purpose of partial financing, RE-MA Realitätenmanagement GmbH intends to take up qualified subordinated loans of a maximum of € 425,000.

The borrower is the land registry owner of the property EZ 361 KG 32144 Klosterneuburg, Albrechtstrasse 123, 3400. 572 m² of total usable floor space will be built in 9 residential units plus balconies or terraces. The property has already been acquired and a legally binding building permit has been issued. Construction work has also already begun. The aim is to complete the construction activities and sell the residential units individually at market prices.

Annual distributions:

During the term of the loan, the lender will receive an annual distribution of 7.00%.

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.

Security:

Personal liability in the form of a hard letter of comfort in the amount of the loan amount issued by the managing partner Dr. Roman Müller.

Financials

Basic costs
565.000 €
Construction costs
1.203.792 €
Service charges
50.152 €
Financing costs
252.000 €
Reserve
149.056 €
Total investment costs
2.220.000 €
Weighted total usable space
572 €

Finance Structure

Location

Klosterneuburg combines the best of two worlds: on the one hand the immediate vicinity of the metropolis of Vienna and on the other hand the local mountains with the extensive Vienna Woods as a local recreation area. Thanks to the direct connection via heated driveway to Klosterneuburger Straße, which leads directly to Vienna, Vienna can be reached by car within a few minutes. Also by public train you can reach the city centre of Vienna within 20 minutes.

Monastery Klosterneuburg

The history of Klosterneuburg is closely connected with the history of the Augustinian Canonry, which also contributes significantly to the name Klosterneuburg. Originally, the foundation stone of Klosterneuburg Abbey was laid in the 12th century. After several centuries and alterations, the abbey today presents itself as an impressive conglomerate of medieval, baroque and historical buildings and houses an important art collection. The monastery also plays an important role in the cultivation of wine, with over 108 hectares under cultivation. This makes it not only one of the largest, but also the oldest winery in Austria. Originally founded in 1114, the winery is considered an important regional economic factor and, despite its awareness of tradition, manages to adapt to modern requirements. Since 2009 Klosterneuburg Abbey has been the first winery in Central Europe to offer a CO2-neutral wine. In addition to viticulture, the monastery also plays an important role in agriculture, forestry, real estate, culture and tourism, as the monastery is open to visitors all year round and is one of the most important sights of the country. At the same time, the monastery's individual businesses place great emphasis on sustainability, CO2 reduction and social responsibility. Responsibility.

Danube Island

The Danube Island is not only part of the flood protection, but also one of the most important local recreation areas of Vienna and Klosterneuburg. It is an artificial island up to 250 m wide between the Danube and the New Danube and has a lot to offer for people, animals and plants. The Danube Island is a popular cycling route and is also ideal for water-related leisure activities. Several very popular public lidos can be found along the banks, including the most famous of them, the Goose Pond. Along the old Danube, there are also a number of sailing schools and boat rentals.

Lido Klosterneuburg

The lido Klosterneuburg offers on its approx. 28ha large leisure and swimming area besides the classic swimming pool facilities also a natural Danube old arm. The bathing area of the lido delights bathers of all ages with an adventure pool with water slide, current canal, waterfall, bottom bubble, massage bay, sports pool as well as a children's pool and sun sail. For sports enthusiasts the lido offers numerous activities.

Kahlenberg near Vienna

The Kahlenberg belongs to the Vienna Woods and is one of the sightseeings of Vienna as well as a traditional Sunday excursion destination of the Viennese, as from the Kahlenberg one has a view over the whole of Vienna and in case of a good visibility up to the Small Carpathians in Slovakia. Its peak towers above the Vienna Basin by about 320 m. From the Stefaniewarte, which is located on the highest point of the mountain, one can also see parts of Lower Austria. Next to the observation tower, which carried broadcasting antennas from 1953 to 1956, there is a 165 m high, guyed tubular steel mast of the ORF (Austrian Broadcasting Corporation), which is used for the distribution of TV and VHF programmes as well as for directional radio.

This transmission mast, erected in 1974, carries high operational rooms (which is untypical for such constructions) and has shaped the appearance of the Kahlenberg ever since. On the mountain plateau just below the summit is the small church of St. Josef, in front of which there are bus stations and a large car park. From there, one gets after a few steps to the panorama terrace at the terrain level that slopes down to Vienna. Until approximately 2004, there was a restaurant here that was built by the famous arquitect Erich Boltenstern in the 1930s. Parts of this former restaurant, the old terrace as well as the adjoining, since many years Vacant hotel ruins were demolished and an apartment house was built instead in 2007.

In addition, there is a (heavily modernised) restaurant and a new viewing terrace on the plateau. As a conclusion In the direction of Stefaniewarte, the module University Vienna, a private university of Vienna Chamber of Commerce and Industry, which started operations in the winter semester 2007/2008.

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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

Dr. Roman Müller is the managing partner of RE-MA Realitätenmanagement GmbH and has many years of experience in this field as a builder and real estate developer. Through good land opportunities and negotiations he always manages to get interesting projects on their feet.

In addition to Dr. Roman Müller's many years of experience in the field of real estate development, RE-MA Realitätenmanagement GmbH with its excellent KSV rating is also the ideal partner when it comes to the exploitation of real estate, trading in real estate (apartment buildings, loft conversions, apartments), renting, real estate sales, project management and real estate brokerage.

RE-MA Realitätenmanagement GmbH

RE-MA Realitätenmanagement GmbH