Funded successfully

Reindlstraße 27

Linz

Return

7% p.a.

Duration

30 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 "Reindlstraße 27" is a project planning of a real estate project in Linz. The Issuer's objective is the equity refinancing of the acquisition of the property, the planning of the demolition of the existing building, the planning and development up to the obtaining of a building permit for a new building, as well as the subsequent global sale of the real estate project, before the start of the construction phase. In the course of the demolition of the existing building and the new construction of the property, 7 residential units with a total usable floor space of 1,008 m² will be built as planned.

The purchase agreement has already been concluded and the Issuer is already the owner of the property. The plot of land of the property comprises 424 m². Residential use accounts for 100% of the units. Since the construction phase is not part of the financing, this project has no construction risk and in addition the property generates ongoing rental income of over € 34,000 per year. All units will be sold globally after successful submission planning.

The property is ideally located in Linz. Reindlstraße is separated from Linz's old town by the Danube. Thus the property is located in the "hip" district of "Linz-Urfahr". Local amenities of all kinds are in the immediate vicinity of the property. Pharmacies, doctors, hospital, supermarkets and schools are within one kilometre. Thus, all shops for daily needs can be reached car-free. In terms of transport, residents are well connected by Linz's main railway station, which is only 4 kilometres away. Bus and train stations for public transport are within walking distance. Visitors and residents want for nothing thanks to the very good infrastructure.

Location

"It starts in Linz"

With a population of over 200,000, the Upper Austrian capital is Austria's third-largest city and offers a correspondingly large number of sights. The excellent cultural infrastructure with pubs, stores, theaters, museums and much more offers all art and culture lovers a wide range of activities. Linz09 - is a well-known term among the people of Linz, because in 2009 Linz was awarded the title of European Capital of Culture. Not only art lovers get their money's worth, but also nature lovers can enjoy Linz along the Danube, in the parks, in the Botanical Garden and in the Pöstlingberg adventure world. In addition to the arts and cultural scene, Linz also has an important industrial and economic role. Some of Austria's largest companies, such as Voestalpine, Brau Union and Swietelsky, are based in Linz. Linz is therefore an ideal place to live and work.

Reindlstrasse micro-location

The project "Reindlstraße 27" is located in the center of Linz and thus in the busiest and most popular district of the Upper Austrian capital. The most important shopping facilities for daily needs can be reached on foot within 15 minutes. For leisure and recreational opportunities in nature, the city offers an ideal starting point.

Discover the surroundings

The property is the ideal starting point for a relaxing stroll through downtown Linz. Starting from the property, passing the baroque Linz main square, to the idyllic riverside promenade, residents will experience numerous impressions. The Schlosspark Linz is located on the edge of the city center with a view of the Danube. Art lovers get their money's worth in the provincial capital of Linz. The wide range of art in the form of pubs, stores, theaters and museums helped the city win the title of European Capital of Culture (2009).

From the power of the Danube to the sweeping views of the Pöstlingberg mountain and many historical and artistic encounters, the city has much to offer. The Danube flows right through the middle of Linz, inviting residents and visitors alike to linger. The popular Danube promenade invites you to take an extended stroll.

Linz Castle Park

Linz Castle towers high above Linz. Gastronomy and a museum are combined in this sight, as is historical and modern architecture. Visitors can experience the natural, cultural and technological history of Upper Austria on more than 18,000 square meters in the castle museum. As Austria's largest universal museum, the Schlossmuseum Linz offers a program for the whole family. In addition to the permanent exhibition, large-scale exhibitions dedicated to regional and international topics are held annually. The Linz Castle is one of the oldest sights in Linz and the eye-catcher of the historic center of Linz, which is located only a few hundred meters from the Danube.

Main Square Linz

The center of the city is the baroque Hauptplatz Linz, which is one of the largest enclosed squares in Austria with about 13,200m². In the center of the main square is an impressive 20-meter high column, which was completed in 1723. The column, made of white marble, is dedicated to the Trinity and was erected in gratitude for the disasters survived and for protection against conflagration, war and plague. As a marketplace, the main square soon helped the city of Linz to an economic boom. Today, Linz's main square is still the venue for a variety of events and markets.

Linz city center

The main square and the surrounding side streets form Linz's city center. The lively center offers architecture worth seeing, culinary highlights and a variety of shopping opportunities. Numerous events take place in the city center throughout the year.

The Linzer Landstraße leads into the Hauptplatz and is one of the busiest shopping streets in Austria. On the Landstraße and in the side streets, stores invite you to window shop and offer a diverse selection for every taste. Both well-known brands and small, individual stores can be found in the center of Linz.

Nature lovers: parks, botanical gardens and the Pöstlingberg adventure world

With 51 parks, the city is one of the greenest in Austria. Visitors can take advantage of around 400ha of green space combined with 700ha of forest for extensive walks and sports activities of all kinds. Among the most popular parks are the Volksgarten, the Donaupark, the Stadtpark and the Schlosspark.

Nature lovers will get their money's worth in the botanical garden. Here, the fantastic plant world can be marveled at. Off to the Pöstlingberg - Linz's local mountain! A trip to the Pöstlingberg is an unforgettable experience, and not just for children. Whether it's the Pöstlingbergbahn, the viewing platform, the photo gallery, the zoo, the pilgrimage basilica or the fairytale and dwarf kingdom of the Grottenbahn Linz, there's something for everyone here. At the same time, you can enjoy a breathtaking view of the city and the Danube from the Pöstlingberg. The Pöstlingbergbahn Linz, one of the steepest adhesion railroads in Europe, creates with its design a harmonious combination of nostalgia and modernity. In just 20 minutes - starting from Linz's main square - it climbs the city's 539-meter-high local mountain. Along the way, it passes the Anton Bruckner Private University and the Linz Zoo. The cars of the historic Pöstlingbergbahn Linz have been gently modernized. Regardless of whether you take the new train or the nostalgia cars (only in summer) - a trip up the Pöstlingberg is an experience for the whole family.

location-Reindlstrasse_27_858f3e4666

Team

With a young but experienced and motivated team, the CAELIA Group has been active in the real estate industry for almost eight years, with a management team that can already look back on 15 years of experience in real estate and finance. In addition to Sales/Agency, responsible for purchasing and distribution, and Capital, responsible for releasing capital by handling sale and rent back transactions and joint ventures, CAELIA has focused mainly on real estate development in two areas that make up the Investment division:

The development of projects, mainly residential projects in the early stages, that is, at most until the building permit is obtained. This includes the search and purchase of suitable plots and projects as well as the preparation for construction including planning, dedication and project concepts.

The development of apartment buildings including planning of extensions.

In addition to its own team, CAELIA is supported by a network of strategic partners and service providers with whom it has long-standing relationships. In all areas, CAELIA always acts as a partner for developers and not as a competitor: projects and properties are optimally prepared and prepared for further development or implementation by various developers through CAELIA's pre-development services. Thus, property developers can concentrate on their core competence - the construction of living space. CAELIA is the ideal partner for developers when it comes to the search for land, the preparation of plans and concepts, the financing of projects and the distribution and sale of projects.

Caelia Immobilien

Caelia Immobilien