Funded successfully

Martinstraße 37-43

Vienna

Return

9.5% p.a.

Duration

24 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.

Project Presentation

The project "Martinstraße 37-43" is a comprehensive revitalization and expansion of a building complex in Vienna's 18th district of Währing. By adding attic storeys and constructing a new building section, 78 attractive condominiums and retirement apartments are being created not far from the city center. With its excellent residential and business location, the project site convinces with optimal transport connections as well as the proximity to the green outskirts of Vienna.

Während der gegenwärtigen Fertigstellung des Entwicklungsprojekts werden sämtliche Wohn- und Gewerbeeinheiten einzeln abverkauft. Gemäß dem Stand von August 2023 wurden bereits 50 der insgesamt 78 Wohnungen erfolgreich veräußert. Im Rahmen des Entwicklungsprojekts werden zuzüglich zu einer Bestandsfläche von 3.282 m² weitere 2.261 m² Wohnnutzfläche geschaffen, wodurch sich die Gesamtnutzfläche auf rund 5.544 m² erhöht. Bei der Erweiterung handelt es sich um eine 100-prozentige Wohnnutzung. Die Größe der Wohnungen weist eine Bandbreite von 2 bis 3 Zimmer auf und reicht von 36 m² bis 101 m² Nutzfläche.

The purchase agreement has been concluded and the issuer is already the owner of the property. A building permit as well as the contracts for the execution of the construction measures have already been obtained. The construction activities already started as scheduled in 1st calendar quarter 2021 and are expected to be completed by the 4th calendar quarter 2024.

Location


Welcome to 1180 Vienna

Währing is one of the most sought-after residential districts in Vienna. The reasons for this are obvious: With a green space share of 27 percent, the 18th district is rich in local recreation areas - the extensive Türkenschanzpark, the cool Währinger Park or the romantic Pötzleinsdorfer Schlosspark invite you to take long walks. In addition, there is a family-friendly ambience - thanks to many good educational institutions -, with the Kutschkermarkt an urban and extremely popular weekly market and a good connection to the city center. The district's appearance is very diverse: While the area of the district close to the center, near the Gürtel, is dominated by Gründerzeit houses and a closed construction style, the northern and western parts of Währing feature avenues and green streets with many single-family houses as well as small and large villas. But if you think that housing prices drop the closer you get to the Gürtel, you are mistaken. The area around Kutschkermarkt in particular, including the Kreuzgassenviertel and the area between Gentzgasse and Aumannplatz, offers a colorful mix of pubs and small stores.

Micro location Martinstraße

Nothing is worth more than a good location. The project "Martinstraße 37-43" is located in the middle of Vienna's 18th district Währing. Stores for daily needs, numerous restaurants and cafés as well as cultural and public facilities such as theaters, cinemas, schools and kindergartens are in the immediate vicinity. As part of the local infrastructure and medical care, the AKH Wien is only a few minutes walk away. The location is excellently connected to the public transport network via the U6 subway line and the city center can be reached within 25 minutes. Parks such as the famous Türkenschanzpark and the Pötzleinsdorfer Schlosspark are also located in the 18th district and invite you to linger.

Discover the surroundings

Where urban market feeling and dignified lifestyle meet - this aptly describes the district and thus the eponymous location of the "Martinstrasse 37-43" project. With a multitude of old buildings and well-kept parks, Währing offers its residents a pleasant lifestyle. Educational institutions such as the renowned Wasagasse High School and the Vienna University of Teacher Education characterize the district's educational offerings. The good infrastructure with a variety of shopping facilities, restaurants and cafés makes life in Währing comfortable and convenient. Those interested in culture can discover and enjoy galleries, theaters and event venues in Währing. In addition, local recreation areas such as Türkenschanzpark and Pötzleinsdorfer Schlosspark are popular places to relax and enjoy the beauty of nature.

Türkenschanzpark

Türkenschanzpark is a spacious and scenic park in Vienna's 18th district of Währing. With its well-kept lawns, shady avenues of trees and flowerbeds in bloom, the park invites visitors to relax and picnic. A highlight of the park is the namesake Türkenschanz monument, which commemorates the liberation of Vienna from the Ottoman siege in the 17th century. The park also offers playgrounds for children, a miniature golf course and numerous walking paths that invite you to spend a relaxing time. In summer, open-air concerts and events are regularly held here, making the park a popular meeting place for locals and visitors alike.

University Observatory

The Vienna University Observatory is one of the two observatories operated by the Institute of Astrophysics at the University of Vienna and is located in the observatory park on the Türkenschanze. Visitors to the University Observatory have the opportunity to take part in guided tours and gain insight into the world of astronomy. One can tour the various telescopes, listen to lectures on current research projects, and even look through one of the telescopes to observe fascinating celestial objects when the sky is clear. It offers a unique opportunity to explore the universe, ask questions about the origin of the universe and admire the beauty of the starry sky.

Pötzleinsdorf Palace Park

Pötzleinsdorfer Schlosspark is an idyllic retreat in the heart of Vienna, also in the district of Währing. With its expansive green spaces, picturesque walkways and historic landmarks, the park is a popular destination for recreation seekers and nature lovers. The park extends around the imposing Pötzleinsdorf Palace, which was built in the style of historicism. The castle itself is an impressive architectural masterpiece and today serves as a venue for various cultural events. The Pötzleinsdorf Palace Park invites you to take relaxing walks, enjoying the tranquility and beauty of nature. There are numerous shady places, perfect for a picnic or a cozy get-together with friends and family. One of the main attractions in the park is the observation tower, from which you can enjoy a breathtaking view of Vienna and the surrounding countryside.

Kutschkermarkt

The Kutschkermarkt is a lively and traditional market located in the part of the district of Währing close to the city center. Since its founding in 1880, the market has retained its unique character and is now a popular attraction for locals and visitors alike. The market stretches along Kutschkergasse and offers a wide range of fresh food, regional products and handcrafted goods. Here you can find everything from fruits and vegetables to meat, cheese, bread, spices and flowers. The variety and quality of the products on offer make the market a culinary paradise. A visit to the Kutschkermarkt is not only a shopping experience, but also an opportunity to enjoy the lively atmosphere and social interaction. The friendly traders, who present their products with passion, create a welcoming and familiar atmosphere.

AKH - Vienna General Hospital

The General Hospital (AKH) in Vienna is one of the largest hospitals in Europe and a major medical center. Located in the adjacent 9th district, AKH consists of several interconnected buildings and offers a 12 comprehensive range of medical services. With over 2,200 beds and numerous specialized departments, AKH is an important focal point for medical care in the city. The hospital is known for its state-of-the-art medical facilities and expertise in a variety of specialties, including oncology, cardiology, neurology and surgery. It also offers a variety of outpatient treatments and specialty clinics. AKH plays an important role in the training of physicians and is also a research center for medical innovation.

location-Map_Martinstrasse_37_42_52ad824f34

Team

The Donor Group, a family-owned company based in Vienna, realizes as a project developer and property developer sophisticated and sustainable urban projects in attractive locations in and around Vienna as well as in other selected locations in Austria.

People, long-term partnerships and responsibility guide us in all services of the real estate value chain: site search, land and property acquisition, development, planning, financing, construction and marketing.

Our expertise ranges from complex loft conversions to major urban projects. Our aim is to create buildings that optimally meet the functional and architectural requirements of future users. To this end, we seek and establish long-term partnerships with architects, construction companies, banks, investors and ultimately with the buyers. For us, successful action means bringing all participants in the value chain into a "win/win" situation; responsible action means taking responsibility for construction projects whenever asked.

Donor Emptor Gruppe

Donor Emptor Gruppe