Project Presentation

The project "Granichstaedtengasse 62" is a residential project with a total of two semi-detached houses with four residential units and a weighted living area of approximately 860 m². The development project is located in a good green area in the 13th district of Vienna and offers spacious terraces, balconies or gardens for all residential units. Also 5 parking spaces will be built.

The property is surrounded by all important amenities for daily needs and is excellently connected to the public transport network due to its proximity to Speisinger Straße (public transport) as well as the train station Wien - Speising.

The purchase of the property has already taken place, the building permit has already been issued and the planning of the project is in full swing. Construction will start shortly and the completion is scheduled for the 2nd quarter of 2023. The project is characterized by an environment with high development potential as well as very experienced project developers with an excellent network.

Deal Highlights

Attractive interest rates - 7.00% yield for a 30-month term

Investors receive an annual interest rate of 7.00% on their invested capital. The interest is distributed to the investors every year. The capital invested is repaid to the investors at the end of the term of a maximum of 30 months.

Building permit is already available

After the purchase of the property, the building permit has already been successfully obtained and planning has begun. The start of construction will begin shortly.

Security by guarantee of the managing partner

There is a liability in the form of a hard letter of comfort for the amount of the loan, issued by the managing partner.

Residential house according to the most modern standard

A total of 4 exclusive residential units plus balconies, terraces and private gardens with a weighted living area of 860 m² where much emphasis was placed on a modern, attractive and contemporary architecture. Special attention is paid to the ecologically sustainable construction and the careful use of valuable resources.

Green - and at the same time urban location in the 13th district

The 13th district in Vienna, also known as "Hietzing", offers its residents ample green space, which accounts for more than 70% of the total district area. Located in the northeast of Vienna, Hietzing borders directly on the extensive forest area of the Vienna Woods

Conception of the project by DEBO Holding GmbH

The DEBO Holding Group, as the parent company, handles high-quality projects and specializes in residential construction projects such as loft conversions in the inner districts of Vienna or complete renovations in sought-after locations. DEBO Holding is the right partner for you, starting with the acquisition of the property and the entire construction control up to the turnkey handover to the buyer.

Investment Case

The borrower is the registered owner of the property with the address Granichstaedtengasse 62-64, 1130 in Vienna. A total of two semi-detached houses and four residential units with a usable living space of approx. 860 m² and 5 parking spaces will be built.

The property has been acquired, the planning phase has been completed and the building permit has already been issued. The start of construction is scheduled for the 2nd quarter of 2021, so that construction activities will most likely be completed by the 2nd quarter of 2023. The sale of the apartments is planned as a sale to end users after condominium establishment.

Annual distributions:

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

Short Term:

The lender will receive its invested capital back after the apartments are sold. According to the planning, this is to take place after a maximum of 30 months.

Financials

Purchase price property
1.440.000 €
Additional purchase costs
112.000 €
Planning costs (architect, statics, etc.)
100.000 €
Construction costs
2.580.000 €
Company costs
100.000 €
Financing costs
183.360 €
Total investment costs
4.515.360 €
Sales revenue (assumption)
5.848.000 €
Profit
1.332.640 €

Finance Structure

Location

Discover the surroundings

The 13th district in Vienna, also known as "Hietzing," is home to a variety of leisure and recreational areas. Particular hotspots of the district include Schönbrunn Palace, the Lainzer Tiergarten zoo and Schönbrunn Zoo. Many residents especially appreciate the family-friendly and quiet residential areas of the 13th district with enough space for family and sports activities.

Schönbrunn Palace

Schönbrunn Palace is the largest palace and one of the most important and most visited cultural assets in Austria. Schönbrunn Palace, together with its 160-hectare park, is a UNESCO World Heritage Site. Under Empress Maria Theresa, Schönbrunn Palace acquired its present form and served as the summer residence of the Austrian imperial family from the mid-18th century until the end of World War I. During this time, the palace was almost completely renovated. During this period, the palace was almost continuously inhabited by a court of several hundred people and became a cultural and political center of the Habsburg Empire. During the Austro-Hungarian monarchy it was also called "k.u.k.. Schönbrunn" pleasure palace. The spacious surrounding park can be used for extensive walks and long runs.

Lainzer Tiergarten

A last piece of primeval Viennese forest - this is the Lainzer Tiergarten, located on the outskirts of the big city. For many decades, this special recreation area has been a popular destination for city dwellers, but also for tourists from near and far. Thanks to the unique cultural and natural landscape, the richness of the flora and fauna and the cultural-historical exhibitions in the Hermes Villa, the Lainzer Tiergarten is an ideal place to combine recreation, experience of nature and education. The habitat Lainzer Tiergarten and its location, size, geology as well as its climate The Lainzer Tiergarten is located in the west of the metropolis Vienna, namely in the eastern Vienna Woods. Its total area covers 2,450 hectares - 1,945 hectares of which is forest area. The enclosure wall of the Lainzer Tiergarten has a length of about 22 kilometers.

Schönbrunn Zoo and Tropical House

Schönbrunn Zoo, located in the park of Schönbrunn Palace in Vienna's 13th district of Hietzing, was founded by the Habsburgs in 1752 and is the oldest zoo in the world still in existence. The director of the zoo since 2020 is the zoologist Stephan Hering-Hagenbeck. Since 2006, the zoo has over 2 million visitors every year. On an area of 17 hectares, about 7,800 animals from 700 species can be seen. In Anthony Sheridan's Zoo Rankings, the zoo was named best European zoo five times in a row (2008, 2010, 2012, 2014 and 2018). In the 250th anniversary year (2002) of the zoo, the Rainforest House was opened. The huge glass house presents a section of a mountainside in the rainforest of Southeast Asia. Clouds of mist drift across the wooden walkway, the outlines of water turtles can be seen in the pond, an approaching thunderstorm sends its mighty rumble ahead - everyday life in the rainforest, and can also be experienced in the Schönbrunn Zoo. The importance of the rainforests is illustrated in a lifelike manner.

ORF - Küniglberg Center

Construction of the television center at Küniglberg began in 1969. The facility was completed in 1976. The location in the high area of the foothills of the Vienna Woods allows good directional radio links. The good accessibility in terms of traffic was also an advantage. An attempt was made to make the construction complex as concentrated as possible on 80,000 square meters. The requirement for rational construction has a unifying effect on the building design. The building has no facade in the conventional sense, it is an openly visible construction. Between the built-up areas are variously planted courtyards and open spaces.

Rating

B
CategoryRatingPoints
LocationPrimary
1
VacancyVacant
3
Development StageNew Construction
3
Track RecordMore than € 250 million developed
1
Asset TypeResidential
Duration18-36 months
2
Existing Bank FinancingYes
Pre Sales>20%
1
Total
11
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

The DEBO Holding Group is the parent company of high-quality project companies, which was founded as a result of our rapid growth. We specialise in residential construction projects such as attic conversions in the inner districts of Vienna or complete refurbishments in sought-after locations. We take care of everything, starting with the acquisition of the property, through the entire construction control to the turnkey handover to the buyer.

For more than 20 years we have been involved in the development of high-quality real estate projects and look after a worldwide clientele with discretion. Our focus is on the latest developments in technology, design and environmental compatibility. For this reason we are also able to offer the highest level of living quality. The headquarters of the management, project management and customer service is our city centre office at Schottenfeldgasse 72. From the planning stage to the handover of the turnkey property, we provide individual support to each buyer. As an experienced real estate specialist, we take over the entire project development as well as the implementation of all necessary measures.

DEBO Holding GmbH