The project "Krallgasse 17" is a stylish new construction project, where three townhouses and two detached single-family houses will be built. The real estate project will be realized in the 22nd district of Vienna near Gerasdorf bei Wien and the Citygolf Park. The location is characterized by the combination of urbanity and recreation. In terms of public transportation, Krallgasse 17 is ideally located, with the train station "Wien Süßenbrunn", which is only a 3-minute walk from the property, the city center is easily accessible.
As part of the new construction, a total of three terraced houses and two detached single-family houses with a total weighted living area of 608 m² are being built here. The units have balconies, loggias and gardens. All residential units (100%) are intended for residential use. Following the completion of the new construction project, all residential units will be sold individually.
The project will be realized by Laura Bauträger GmbH, which has already acquired the land. The building permit and the contracts for the implementation of the construction measures have been obtained. The construction work is scheduled to start in the 3rd calendar quarter of 2022 and completion is expected in the 1st calendar quarter of 2024.
The borrower is the registered owner of the property with the address Krallgasse 17, 1220 Vienna. The project consists of a total of three terraced houses and two detached single-family houses with a weighted residential floor area of approximately 608 m² plus open spaces such as terraces and gardens.
The acquisition of the land has already taken place, the planning phase has been completed and the building permit has also been obtained. The issuer is already owner of the land (a land register entry is available). The construction measures will start in the 3rd calendar quarter of 2022 and completion is expected in the 1st calendar quarter of 2024. Contracts for the execution of the construction measures are already in place.
During the term, the lender will receive an annual distribution of 7.25%.
The lender will receive its invested capital back at the end of the 24 months. This is to take place in accordance with the planning of the settlement of the single sale of the objects.
The 22nd district, also known as "Donaustadt", is located east of the city center of Vienna and is Vienna's most populous district. The 22nd district covers almost a quarter of the total area of Vienna's municipal territory and is characterized by its comprehensive appearance. In addition to numerous green spaces and recreational areas, which account for almost 50% of the total area of the 22nd district, there are numerous large housing estates and individual houses, such as the Donau City district, which is characterized by office and residential high-rise districts.
Historically, the 22nd district was created in its current form in 1954. Over time, many housing estates developed there, in 1979, for example, the exterritorial area of the UN was created and in recent years, the office towers of the "DC Towers" opened there, of which Tower 1 is so far the tallest building in Austria. Today, the 22nd district is an up-and-coming part of the city, including good infrastructural connections, many recreational areas such as the old Danube and the urban district of Donaucity, which is dominated by office buildings and is very easy to reach by subway lines 1 and 2. Vienna's largest shopping center, the Donauzentrum, located in the 22nd district, is also particularly well known, with its endless rows of stores, restaurants and cafés.
The 22nd district in Vienna, also known as "Wien Donaustadt", is home to a variety of leisure and recreational areas. Special hotspots of the district are the Alte Donau, the area around the Donau-City as well as the Seestadt Aspern. Many residents especially appreciate the family-friendly and quiet residential areas of the 22nd district with enough space for family and sports activities.
The Vienna International Center - more commonly known as "UNO City" - is one of the three official headquarters of the United Nations (UN). Built between 1973 and 1979 according to the plans of Austrian architect Johann Staber, UNO City has become a major economic factor for Vienna. In addition to the approximately 5,000 employees of the UN and its sub-organizations who live here permanently, the regular and numerous conferences have generated a considerable number of tourists. The UNO-City can generally be seen as a pioneer of the urban development of the Donau-City; a then rather rural area on the outskirts of the city to a metropolitan and international district of Vienna.
Built in 2009, Donauzentrum is a shopping center in Vienna's 22nd district and is located within walking distance of Erzherzog-Karl-Strasse. More than 250 business, gastronomy and entertainment establishments are located on an area of approximately 225,000 m², making the Donauzentrum (together with the connected Donau Plex) the largest shopping center in Vienna. The Donauzentrum is characterized by its extensive shopping offer and is also home to a cinema and numerous restaurants. The shopping center can be easily reached by car and also by public transport - the U1 and various bus and streetcar lines stop directly in front of it.
The Donaupark is a park of about 604,000 m² in Vienna's 22nd district Donaustadt. Donaupark is conveniently located between Wagramer Strasse, the Bruckhaufen housing estate, Arbeiterstrandbadstrasse and Hubertusdamm. Directly adjacent to the Danube Park, which originally extended to Wagramer Strasse, are the UNO City with the Vienna International Center and the Austria Center Vienna, and to the south of it the Danube City and the Copa Cagrana with the Danube Island to the New Danube. To the north, the Danube Park is bordered by the bathing beaches along the Old Danube.
The 21-kilometer-long Danube Island is not only the most popular recreation area for the Viennese, but also an unforgettable experience for visitors to Vienna. The Danube Island can be reached from the city center in just a few minutes on the U1 and U6 subway lines. An extensive network of paths invites sports enthusiasts to go hiking, jogging, cycling and skating. Water fun is promised by bathing bays with shallow beaches as well as wild bathing areas, a water slide, a surfing school, a water ski lift and a boat rental.
In Vienna's dynamic 22nd district, one of the largest urban development areas in Europe is being built by 2030. Here, a sustainable urban district is being realized that offers a high quality of life and dynamic economic power. In Seestadt, high-quality open and green spaces and large usable areas will be created. Seestadt offers urbanity and deceleration. The Seestadt subway station provides a perfect connection to Vienna's city center. Vienna's city center can be reached in just 20 minutes.
By car, the golf paradise can be reached from Kupetzkygasse in just over 10 minutes. Tournaments are held regularly on the extensive golf course, and a golf school and training sessions are offered for a fee. The facility and the hotel are ideal for seminars and events.
|Development Stage||New Construction|
|Track Record||More than € 250 million developed|
|Existing Bank Financing||Yes|
Laura Bauträger GmbH only uses high-quality building materials. The individual building components are all coordinated and are subject to the strictest quality criteria. We play it safe and you benefit, because our work lasts "a lifetime".
With our experience and our numerous, presentable reference objects in Vienna, Lower Austria and Burgenland, you can see us as a reliable and stable partner. In recent years, we have increasingly shifted our focus to project construction and have already realised several of these plans.