Already refunded

Nußbaumerstraße 2



6.5% p.a.


18 months

Project type




Notice according to § 12 (2) Vermögensanlagengesetz

This investment involves considerable risk and may result in partial or total loss.

Project Presentation

A total of 42 comfortable residential units and 1 commercial space as well as 39 underground car parking spaces on 5 floors will be created in the middle of the St. Peter residential quarter of Graz, in the immediate vicinity of local amenities, doctors and schools.

The residential units impress with their well thought-out room layouts, which range in size from 32 m² to 86 m². A total of 2,329 m² of usable space and open spaces (loggias, balconies, terraces and gardens) with an area of approx. 750 m² will be built.

The family-friendly residential building is being built in the middle of the green heart of Graz, which takes into account all the amenities of contemporary construction. Comfortable materials make living and living in the St. Peter district, known as the villa area, a special experience.


Welcome to Graz

The property is located on Nußbaumerstraße in the green noble district of St. Peter. The ORFPark can be reached on foot here. The infrastructure is also excellent, with numerous supermarkets, pharmacies and doctors as well as educational facilities such as kindergarten, elementary school and a new secondary school in the immediate vicinity. The inner city can be reached in a few minutes by car, and the city centre of Graz can be reached within a short time by bus or tram.

Discover the surroundings

Graz clock tower

The Graz Clock Tower is the landmark of Graz and probably dates back to the 13th century. The Graz Clock Tower is located on a hill in the heart of the city centre, the Schlossberg. According to tradition, the tower served as part of a former fortification, which is no longer preserved today.

City park

The Graz City Park was designed in 1869 as a nature park in the style of an English garden, with the main focus being on exotic trees. In the 20th century, the park was expanded into an open-air gallery of Styrian cultural history, and the city park is therefore home to numerous busts of famous historical figures. Today the city park invites you to jog, read and linger. There are also specially laid out cycle paths and the "Forum-Stadtpark", which is known for numerous cultural events and exhibitions.

Mur Island

The island in the Mur is a floating platform and was designed to create a landmark for the city as part of the Graz Cultural Capital Year 2003. The Graz-based Robert Punkenhofer developed the idea for a spectacular object in the Mur, which was realized by the New York artist and designer Vito Acconci. The 50m long shell form houses an amphitheatre and offers space for up to 350 visitors. The "cathedral" designed there houses an island café and a children's playground.

Karl-Franzens-University Graz

The University of Graz consists of 6 faculties and is considered the second oldest university in Austria, founded in 1585. The name of the university is derived from Archduke Karl II of Inner Austria and Emperor Franz I of Austria. In addition to the Medical Faculty of Graz, which was spun off in March 2003, the Karl-Franzens-University of Graz accommodates 32,230 students. Well-known personalities of the University of Graz include Nikola Tesla and Erwin Schrödinger. Today, Graz is considered a student city and is known for its wide range of educational opportunities.

Art house Graz

The Kusthaus Graz was built as part of the Cultural Capital Year 2003 and is also known as an architectural landmark of the city of Graz. The building is distinguished above all by its unusual form, which is also called "friendly alien". The Kunsthaus Graz was developed as an institution for the organisation of international exhibitions of multidisciplinary, modern and contemporary art from the 1960s to the present.



The AIRA Development Group is a company founded in 2013 by Arthur Iliyav and Roman Ascherov, which has positioned itself very successfully as a property developer and project developer in Austria. Under the management of Ewald Streicher, the managed project volume is currently around EUR 35.4 million.

The AIRA Development Group specialises above all in the development of high-quality and high-value new construction projects. The purchase and sale of selected apartment buildings complements AIRA's business model.

The AIRA Development Group considers its customers to be its most important capital. Optimal service is at the centre of the company philosophy. Customer wishes are perceived and implemented by AIRA. In general, the wishes of AIRA's customers regarding the housing project are analysed at the time of purchase. In this way AIRA optimizes floor plans, compares prices in the surrounding area and optimally implements the requirements in all areas. Not the maximum profit, but the extremely satisfied customer is important. AIRA is able to achieve good returns due to the rapid project lead times of 12 to a maximum of 24 months and a quick marketing.

AIRA Development Group GmbH

AIRA Development Group GmbH

Roman Ascherov
Roman Ascherov
Ewald Streicher
Ewald Streicher