Already refunded

Brigittenauer Lände 42

Vienna

Return

5.5% p.a.

Duration

12 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.

Deal Highlights

Vienna - the metropolis on the blue Danube

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 2017" by the consulting firm Mercer Consulting. Especially in comparison with top international cities, property prices are moderate and construction quality is high.

Central location

Not far from the hustle and bustle of the city, yet a place of retreat: the project "Brigittenauer Lände 42" combines the best of two worlds. With the U4 station Friedensbrücke on your doorstep, the city lies at your feet. But also local recreation areas such as the Augarten or the Danube Canal can be reached on foot.

Attractive interest rates - 5.5% annual payout

Investors receive an annual interest rate of 5.5% 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 JP real estate

The JP Immobilien Group is active in the following areas of the real estate industry, among others: investment, development, refurbishment, marketing and property management. These areas of activity have formed the successful pillars of the JP Immobilien Group for almost 20 years. As a co-partner of IMV Immobilien Management GmbH (www.imv.co.at), JP Immobilien ensures the best possible and sustainable management of all properties. IMV is one of the largest property management companies in Austria and manages around 3.7 million sqm (of which around 90% is in Austria and 10% in Germany and CEE). The JP Immobilien Group is currently the largest private inner-city (districts 1. to 9. Bezirk) property developer in Vienna and the leading marketer in the residential property and retirement home segment with roughly 400 transactions per year.

Financials

Acquisition price
1.900.000 €
Additional costs
170.000 €
Total cost of land
2.070.000 €
Conversion costs inventory
4.250.000 €
DG disassembly
2.150.000 €
Construction costs
6.400.000 €
Additional building costs
2.350.000 €
Financing costs
460.000 €
Marketing and distribution
260.000 €
Total investment
11.540.000 €
Erträge
13.600.000 €

Finance Structure

Location

Welcome to 1200 Vienna

Brigittenau is a district on the rise. Here the residents find everything that makes living in the city attractive: Haus Brigittenauerlände 42 is located directly on the canal, a few steps away from the Friedensbrücke, which connects the Grätzel with the 9th district. A station of the U4 underground line is also located there. The bank of the Danube Canal is ideal for morning or evening sports. Cyclists and joggers enjoy many flat kilometres along the water.

By car you can reach the city centre in a few minutes. In direct connection to the north you can reach nice excursion places and stylish Heurigen, in south-eastern direction there is a line to the airport.

Only a few minutes' walk from house 42 of the Brigittenauerlände is the Augarten, which belongs to the second district and is the oldest baroque garden in the city. With its more than 52 hectares it offers enough space for all outdoor activities and for contemplative walks. The gardens are built in the French style with elaborate flower landscapes and shady avenues. Behind the Augarten, a new green area with the programmatic name "Die grüne Mitte" (The Green Centre) will be created on the site of the former Nordwestbahnhof from 2020.

Explore the surroundings

Hanover Fair

The Hanover Market is a market in Vienna's 20th district of Brigittenau, which extends along Hanovergasse from Othmargasse to Gerhardusgasse. Its current appearance dates back to the general renovation in 2003 and the establishment of various sales stands and restaurants.

Liechtenstein Palace

The Liechtenstein Garden Palace is a baroque palace on Fürstengasse in the 9th district of Vienna, Alsergrund. In 1687 Prince Johann Adam Andreas von Liechtenstein acquired a garden with neighbouring meadows from Count Weikhard von Auersperg in the Rossau. Part of the private art collection of the Prince von und zu Liechtenstein is still housed in the gallery rooms of the palace. Today the Palais is regularly used as a wedding location.

Augarten

The Augarten is a public park with the oldest baroque gardens in Vienna. Besides a well-kept parterre garden with lavish flower landscapes, it also offers a spacious area with shady avenues of chestnut, armour, lime, ash and maple trees, which provides space for recreation as well as sports activities for the local population and tourists.

Danube Canal

The Danube Canal, once also called Wiener Wasser or Wiener Arm, is the arm of the Danube that runs through the city centre of Vienna. The Danube Canal branches off the Danube in the 19th district near Nussdorf and flows into it again at the Praterspitz. Out of the 23 districts of Vienna, nearly one third profits from this extraordinary water surface: downstream, at the right side, there are the districts 19, 9, 1, 3 and 11; at the left side, there are the districts 20 and 2. Specially at the height of Leopoldstadt, there is a lively hustle and bustle of people on the canal that can be observed during the nice days, specially at the height of Leopoldstadt, as here, a multitude of restaurants and bars are established. Those who have ever experienced the afternoon sun here know that the Danube Canal is a great place for relaxing moments with family and friends. Those who prefer to spend their free time in sportswear will also get their money's worth: upstream and downstream, people are enthusiastically cycling, jogging, walking and much more.

location-map_49e77ecb88

Rating

B
CategoryRatingPoints
LocationPrimary
1
VacancyOccupied
1
Development StageRehab
2
Track RecordMore than € 250 million developed
1
Asset TypeResidential
Duration18-36 months
2
Existing Bank FinancingNo
1
Pre Sales>20%
1
Total
9
B
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

JP Immobilien Group was founded more than 25 years ago by business partners Daniel Jelitzka and Reza Akhavan. It is one of the most active and successful market players in the Austrian real estate industry with a focus on Vienna. It is still owner-managed and therefore completely independent. According to the principle "Real Estate Business is People Business" all customers are personally attended to. The many years of experience, the know-how and the competence of our colleagues stand for sustainable real estate specific solutions for the benefit of our customers. Regardless of whether it is a matter of satisfying a residential need or optimizing the earnings of an entire real estate portfolio.

JP Immobilien

JP Immobilien

Dr. Daniel Jelitzka
Dr. Daniel Jelitzka
Reza Akhavan
Reza Akhavan