Notice according to § 12 (2) VermögensanlagengesetzThis investment involves considerable risk and may result in partial or total loss.
The "Kriemhildplatz 10" property is an almost fully let apartment building in a central location in 1150 Vienna. The apartment building from the turn of the century comprises 22 rental units with 1,775,45 m² of usable space. The total annual net rental income is currently approximately EUR 155,000.
The apartment building is surrounded by all important amenities for daily needs and has excellent connections to the public transportation network due to its proximity to the Burggasse-Stadthalle subway station and the Westbahnhof (underground lines, Westbahn, regional trains, local public transportation). By car, you can reach the city centre of Vienna in a few minutes and at the same time quickly reach the western exit in the direction of Linz and Salzburg.
For the purpose of partial financing, Velum GmbH intends to raise qualified subordinated loans of maximum € 600.000.
The borrower is the land registry owner of the property with the address Kriemhildplatz 10, 1150 Vienna. The apartment building comprises 22 rental units with a usable area of 1,775.45 m². In total, net rental income of approximately EUR 155,000 is currently generated annually.
The property was purchased in 2013 using debt and equity. The aim of the crowd investing campaign is to partially redeem the equity capital used.
During the term of the loan, the lender receives an annual distribution of 4.25%.
The Rendity interest portfolio serves as a hedge for investors. Before the start of each project, the respective borrower has to pay an interest deposit in the amount of the interest of half a year into a separate escrow account. The interest deposit deposited by the borrower is subject to fiduciary custody and may only be used to compensate the investors for interest payments not made or missing capital repayments.
The 15th district, also known as "Rudolfsheim Fünfhaus", is located west of the city centre of Vienna. In addition to its excellent infrastructure with numerous local suppliers, shopping streets and transport connections, the 15th district is particularly popular for its proximity to the old town. Mariahilfer Straße with its endless shops, restaurants and cafés, the outer end of which belongs to the 15th district, is also particularly well-known.
Historically, after the second Turkish siege, the villages of Reindorf, Braunhirschen and Rustendorf were created, which were united in 1863 to form the municipality of Rudolfsheim, Fünfhaus to the east and Sechshaus to the south. In 1890 the three communities were incorporated. In the later NS-era Rudolfsheim and Fünfhaus were united to the 15th district, from 1957 the 15th district got its current name "Rudolfsheim-Fünfhaus". Today the 15th district is an up-and-coming district, centrally located and with the best infrastructure and necessities of daily life.
The 15th district in Vienna, also known as the Rudolfsheim-Fünfhaus, is located west of the city centre of Vienna and is particularly distinguished by its proximity to the city centre. The 15th district has an excellent infrastructure with numerous local suppliers, shopping streets and transport connections, and the Westbahnhof railway station and the Stadthalle are also located here. In terms of transport, the Gumpendorferstraße underground station can be reached on foot in just a few minutes. To the south-east, Vienna's Schwechat Airport is only a 30-minute drive away, and to the north, numerous recreational areas including vineyards and wine taverns can be reached.
The outermost part of what is probably Vienna's most famous shopping street, Mariahilfer Strasse, is located in the 15th district and serves as a direct connection from the Westbahnhof railway station to the city centre. As the longest shopping street in Europe, Mariahilfer Strasse stretches for almost 4 kilometres, on which many international brand shops can be found and which is also dedicated in sections as a pedestrian zone. The inner Mariahilfer Strasse has already served as a special shopping street for the imperial and royal family. Monarchy and even today it still houses these local suppliers. In the meantime, it has established itself as the centre of Vienna's young and hip scene.
The Wiener Stadthalle is the largest event centre in Austria and one of the leading event locations in Europe. In total, the Wiener Stadthalle comprises six event venues and a large sports area including a swimming pool and ice rink. More than 300 events are held here every year; from international top acts, the ATP tour stop "Erste Bank Open", to cabaret and musicals, there is something for every taste.
The Westbahnhof is an important traffic junction from which the Westbahn runs to numerous provinces and cities in Austria. Numerous underground and tram lines also stop here. Underground there is a shopping centre with restaurants, above ground the Mariahilfer Straße, which runs in a west-east direction in front of the station building, provides a direct connection to the city centre.
Schönbrunn Palace is the largest palace and one of the most important and most visited cultural assets in Austria. Schönbrunn Palace and its 160-hectare park are part of the UNESCO World Cultural Heritage. Under Empress Maria Theresia, 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 the First World War. During this period the palace was almost continuously occupied by a court consisting of several hundred persons and became a cultural and political centre of the Habsburg Empire. During the Austro-Hungarian Monarchy it was also "k.u.k. Lustschloss Schönbrunn". The spacious surrounding park can be used for extensive walks and long runs.
|Track Record||More than € 250 million developed|
|Duration||36 months or more|
|Existing Bank Financing||Yes|
We are professionals for everything that has to do with the purchase of apartment buildings, properties and other real estate. We take our job very seriously and offer first-class support, starting with a non-binding initial consultation and ending with a purchase transaction.
As an owner-managed company, our decisions are not dependent on committees or third parties. You communicate directly with the decision-makers - even the purchase is made directly. We do not act as intermediaries, middlemen or similar.
We use all our know-how as a successful and professional local investor and developer on the Vienna real estate market for you - with the focus on your goal, the rapid and profitable sale of your property.
Last but not least - we believe in fair cooperation; we are in friendly contact with many sellers even years after the purchase.