Notice according to § 12 (2) VermögensanlagengesetzThis investment involves considerable risk and may result in partial or total loss.
The project "Schillerstraße 44" is an extension of an apartment building in Linz. The issuer's goal is to obtain a building permit for an extension in the courtyard area and an attic addition. In the course of the conversion, an additional 300m² of living space will be created in addition to the current 500m².
The aim of this Rendity Issue is to partially redeem the own funds used, as well as to finance the planning and development until a building permit is obtained for the extension and the attic storey addition. The project has therefore no construction risk and the property currently generates ongoing rental income of about 50,000€ per year. All units will be sold globally after successful submission planning.
The property is ideally located in Linz. Local supply facilities of all kinds are located in the immediate vicinity of the property. Pharmacies, doctors, hospital, supermarkets and schools are within one kilometer. In terms of transportation, residents are well connected by Linz's main train station, which is only 2 kilometers away. Linz's Südbahnhofmarkt is only a few minutes' walk away. Visitors and residents want for nothing thanks to the very good infrastructure.
"It all 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.
The "Schillerstraße 44" project is located just a few minutes' walk from Linz's city center and the Old Town district. Apart from the fact that the property is ideally located in terms of transportation thanks to the nearby Linz main train station, the city can also be easily explored on foot. Shopping facilities for daily needs are only a few minutes away. For leisure and recreational opportunities, the city offers an ideal starting point.
The property is the ideal starting point for a relaxing stroll through downtown Linz. Starting from the property, past Linz's baroque 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 towers high above Linz. Gastronomy and a museum combine in this sight, as do 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, major exhibitions devoted to regional and international themes are held annually. Linz Castle is one of the oldest sights in Linz and the eye-catcher of Linz's historic old town center, which lies just a few hundred meters from the Danube.
The center of the city is formed by the baroque Hauptplatz Linz, which is one of the largest enclosed squares in Austria at around 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 Hauptplatz is still the venue for a large number of events and markets.
The Hauptplatz and the surrounding side streets make up Linz's city center. The bustling 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.
With 51 parks, the city is one of the greenest in Austria. Visitors can enjoy 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. 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.
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.