Project Presentation

In Sieghartskirchen near Tulln, where nature meets village charm, a settlement with 29 modern and exclusively equipped residential units is being built. With twenty semi-detached houses, eight terraced houses and one detached house, this project creates the perfect living space for all those who love living in the countryside and appreciate the proximity to the village center. A private forest with its own hiking trail and picnic area, a refreshing bio-pool and attractive private gardens make living here really worthwhile.

The Waldgarten project resembles an idyllic clearing - fenced off from the road, it offers privacy and tranquility and, above all, high added value for families with children. Access to the buildings is via a well-kept private road, which also serves as a safe play street for the children.

Deal Highlights

75% of the project already sold

The sale of the houses is well advanced and 75% of the units have already been sold.

Attractive interest rates & short maturity - 6.00% with 15 months maturity

Investors receive an annual interest rate of 6.00 % 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 maximum term of 15 months.

Construction is already well advanced

After the purchase of the property, the building permit has already been successfully obtained and thus the planning activities have been completed. Construction has already started and completion is scheduled for summer 2021.

Housing estate according to the most modern standard

The project will create a residential complex with 29 owner-occupied and investor apartments. Twenty semi-detached houses, eight terraced houses and a single-family house with a weighted living space of 3,473 m² will be built in the residential complex.

Rendity Instant Interest - Interest from the 1st day

Investors receive immediate interest from the time they pay in their investment, which is paid out after the subscription period has expired. With the Rendity Sofortzins investors receive for their invested capital not only interest 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 immediate yield is already paid out to the wallet after the end of the subscription period.

Concept and implementation of the project by DEIN Haus mit Grund GmbH

With YOUR house with reason, you rely on highest competence, best quality and responsible house construction. If you want to build particularly comfortable, then choose YOUR house with reason. Because here we offer you the land for your home and you save yourself the time-consuming search for a suitable building plot.

Investment Case

The Borrower is the owner of the property with the address Koglerstrasse 32-34, 3443 Sieghartskirchen near Tulln. A total of 29 residential units will be built in the project. The buildings are terraced and semi-detached houses with a living space of 119 m² to 129 m².

The properties have already been acquired, the planning phase has been completed and construction is already well advanced. All residential units are to be sold individually, although there is currently a pre-utilization rate of 75%. Construction work is expected to be completed in the 2nd quarter of 2021 at the latest.

###Annual distributions:

During the term, the lender will receive an annual distribution of 6.00%.

Short term:

The lender receives its invested capital back after the sale of the apartments. According to planning, this is to take place after a maximum of 15 months.

Financials

Land (incl. additional costs)
1.521.469 €
Building costs
1.890.095 €
Electrician/ Installer
122.952 €
Services houses
3.976.900 €
Architect / Planning / Construction Management
161.990 €
Total investment costs
7.673.406 €
Sales revenues
8.608.682 €
Estimate profit
935.276 €

Finance Structure

Location

Explore the surroundings

The residential complex in Koglerstraße 32-34 convinces with its central location in the heart of the district of Tulln. Stores for daily needs are within walking distance. Childcare and educational facilities are also in the immediate vicinity. Residents appreciate Sieghartskirchen above all for its family-friendly and quiet residential areas and the variety of possible family and leisure activities, such as those offered by the Vienna Woods. But also the Wienerwaldsee offers excellent recreation. It is a shallow reservoir located about 20 km west of Vienna in a quiet fork in the valley between the communities of Purkersdorf, Tullnerbach and Pressbaum.

Auhofcenter

With a total of 140 stores spread over 40,000 m2 of retail space, the Aufhofcenter is the largest shopping center in the west of Vienna. In addition, the shopping mall with international format and flair is the most important economic driver in the region. A total of around 1,100 jobs have been directly created, and a further 200 retail jobs have settled in the surrounding area. The Auhofcenter is the most important local supplier for more than 10,000 people. Approximately 400,000 Viennese and Lower Austrians belong to the catchment area.

Vienna Forest

The Vienna Woods, the easternmost foothill of the Northern Alps, is a mountain group in Lower Austria and Vienna and thus forms the northeastern end of the Alps. The 45 km long and 20 to 30 km wide low mountain range is largely forested and a popular recreational area for the Viennese. Today it is, including the peripheral areas in the megacity Vienna itself, largely completely designated as UNESCO Biosphere Park Vienna Woods.

Lake Vienna Woods

The Wienerwaldsee is a shallow reservoir 20 km west of Vienna. It is located on the Westautobahn in a hollow at the fork in the valley between the municipal districts of Purkersdorf, Tullnerbach and Pressbaum. The Wienfluss and the Wolfsgrabenbach, which flows into the Wien, serve as its tributaries. This was also the name of the reservoir at first, Wolfsgraben-Reservoir. On the northern bank, at the parking lot of the federal road near the weir, stands the monument of Wilhelm Kress. He had an accident here on October 3, 1901 during a test run on the water with his seaplane, which was caught by a gust of wind during a turn just before the dam wall, plunged with its wings into the water and sank. Kress was not injured in this incident.

Tulln on the Danube

The district capital Tulln is both a harmonious small town with a lot of quality of life and leisure time, as well as a hub for the whole region. Tulln is especially known for the many possibilities around the central themes Danube, garden and art. Highlights for the guests are the GARDEN TULLN, the natural water park, the idyllic Aubad, the flourishing Danube area with the unique Danube stage and the wide range of art and culture - especially around Tulln's most famous son Egon Schiele The history of Tulln goes back a long way: During the time of the Roman Empire Tulln served as the equestrian fort "Comagena" to secure the Norwegian Limes directly on the Danube. Finds from the time when Tulln was founded can be admired in the Roman Museum. The Romanesque charnel house (around 1240), the Minoritenkirche (1732-39), the city tower (16th century), numerous Gothic and Baroque buildings and many other sights make Tulln a city full of art and cultural treasures.

Rating

B
CategoryRatingPoints
LocationSecondary
2
VacancyPartially leased
2
Development StageNew Construction
3
Track Record€50-249 million developed
2
Asset TypeResidential
DurationUp to 18 months
1
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 history of the owner family goes back to the foundation of the first company, ELK Fertighaus GmbH, one of the leading prefabricated house companies in Europe. Since its foundation in 1959, the traditional company ELK is owned by the Weichselbaum family.

In 2016, the owning family sold the ELK Fertighaus company, but they retained the property development division, which now operates under the name "YOUR house with land".

At YOUR House with Reason we focus on highest competence, best quality and responsible house construction in cooperation with certified prefabricated house companies.

YOUR house with reason offers the complete package with property, house, and everything around.

Many years of experience paired with creativity and dynamics in the modern spirit of the times. The company focuses on quality and not quantity. The different social and personal needs of the future residents are important for a competent team.

D.E.I.N. Haus mit Grund