Funded successfully

Très Chic

Innsbruck

Return

8% p.a.

Duration

18 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 Prestige-object "Très Chic" is our first project in one of the most popular areas of Austria, in Tyrol. In this new construction project, a total of 23 modern residential units including open spaces such as terraces and gardens are being built. The property gains its unique character from its detached, curved design.

The property is located in Igls, which is a charming resort at the foot of the Patscherkofel and is about 5 kilometers from downtown Innsbruck. Within a few minutes walk you can reach ski slopes and hiking trails, which offer views of the impressive surrounding Alps. The Igls district benefits from its exposed, sunny location on a hill overlooking Innsbruck's city center.

The project includes the construction of 23 residential units with a total usable area of 1,542 m². The plot of land on which the property is located comprises approx. 2,530 m². A 100% residential use is planned. The residential units are sold individually. 7 apartments have already been sold and therefore 30% of the usable living space has already been allocated. The property is surrounded by forest on the south and east sides, so residents live in absolute peace and quiet. Residents on the west side benefit from a magnificent view of the western low mountain range.

The building permit is already available and the construction start has already begun. Completion is scheduled for the 3rd calendar quarter of 2023.

Deal Highlights

Badhausstraße 31 Projektentwicklungs GmbH - Umfeld Holding GmbH

Badhausstraße 31 Projektentwicklungs GmbH is a project company of the Umfeld Holding GmbH. The UMFELD Group deals with the topic of architectural space on different levels.

Attractive interest rates and short term - 8.00 % yield with only 18 months maturity

Investors receive an annual interest rate of 8.00 % on their invested capital. The interest is distributed every year. The capital invested is repaid in full to the investors at the end of the short term of a maximum of 18 months.

Construction has already started & 30 % pre-sold

The issuer is already the owner of the property and the building permit as well as the contracts for the implementation of the construction measures have been obtained. The start of construction has already begun and the construction measures will end on schedule in the 3rd calendar quarter of 2023. Seven residential units have already been successfully pre-sold, so that 30% of the usable residential space has already been sold.

RENDITY Immediate interest - interest from the 1st day

Investors receive the Rendity immediate interest from the moment they deposit their investment, which is paid out as soon as the subscription period expires. With Rendity Immediate Interest, investors receive interest on their invested capital not only for the term of the loan, but also for the period prior to that. This means that investors also receive interest on their investment during the subscription period. The accrued Rendity Instant Interest is already paid out to the Wallet after the end of the subscription period.

Innsbruck in Tyrol - excellent quiet location in the district of Igls

In the district of Igls, about 5 kilometers from Innsbruck's old town, lies the unique property "Très Chic." Innsbruck city center can be reached in about 15 minutes by car. The property is surrounded by forests and green areas all around. Residents on the west side benefit from a magnificent view of the beautiful low mountain range.

Investment Case

The borrower is the registered owner of the property with the address Badhausstraße 31, 6080 Igls. In the course of the new construction project, 23 impressive residential units with a total usable floor space of 1,542 m² will be built. The property comprises a contiguous plot of land with an area of 2,530 m². 100% of the residential units are intended for residential use. About 30% of the residential floor space has already been pre-sold.

The objective of this issue is to partially redeem the equity invested, as well as to finance the construction measures for the new construction of the residential building. Subsequently, an individual sale of all units is planned. The construction has already started in the 2nd calendar quarter of 2022. It is expected that construction activities will be completed no later than the 3rd calendar quarter of 2023.

Annual distributions:

During the term, the lender will receive an annual distribution of 8.00%.

Short Term:

The lender will receive its invested capital back after the apartments are sold. According to the planning, this is to take place after a maximum of 18 months.

Financials

Purchase price property (including incidental costs)
2.300.000 €
Planning costs
890.000 €
Financing costs
515.000 €
Construction costs
7.385.000 €
Total investment costs
11.090.000 €
Sales Revenue
12.870.000 €
Profit
1.780.000 €

Finance Structure

Location

Welcome to Igls near Innsbruck

With its urban space and breathtaking mountain scenery, Tyrol is one of the most popular regions in Austria. The province is located in the west of the country and is divided into North Tyrol and East Tyrol. The region of Tyrol differs from the state of Tyrol in that it is located in the west of Austria and the region of Trentino-South Tyrol in the north of Italy. The entire region attracts many visitors each year who want to experience the best of both worlds- the urban elegance of the capital city of Innsbruck and the spectacular Alpine scenery that surrounds it. In winter, the beautiful province is one of the best ski resorts in Austria and during the summer, fantastic hiking trails and unique views of lakes and valleys can be discovered here. The long tradition of this charming province and its excellent infrastructure make Tyrol an exceptional place to live.

Microlocation Igls

Nothing is worth more than an excellent location. Our first project in Tyrol "Très Chic" is located in Igls near Innsbruck. The district of Igls is located around 5 kilometers outside the center of Innsbruck. The village benefits from its exposed sunny location on a hill facing the city of Innsbruck. Innsbruck's city center can be reached in about 15 minutes by car and thus local amenities of all kinds are in close proximity.

Discover the surroundings

Innsbruck's surroundings combine on the one hand its culture and nature, as well as its ups and downs, traditions and trends. Innsbruck, the capital of Tyrol, is the ideal starting point for sports enthusiasts and a popular location for lovers of Austrian tradition. From the city, it takes only 20 minutes to reach the lofty heights of the Nordkette mountain range and experience the so-called Alpine Jewel up close. In the surrounding area, not only can culture be enjoyed but also the next hike or bike ride, the next ski resort or a winter hiking experience can be experienced. Tyrol has a lot to offer and leaves nothing to be desired.

Innsbruck, Igls and the old town of Innsbruck

The metropolitan area of Innsbruck is home to around 300,000 inhabitants and, in addition, around 30,000 students from Innsbruck University study and live in the city. With its numerous inhabitants, the capital of the state of Tyrol is one of the most populous cities in Tyrol and also the fifth largest city in Austria. The city is centrally located in the North Tyrolean Inn Valley and is bordered to the north by the Nordkette mountain range. The Nordkette is the southernmost of the four large mountain ranges in the Karwendel, and in the south Tyrol is bordered by the foothills of the alpine central range (Patscherkofel). Innsbruck is divided into new cadastral communities and localities, and thus they also form the districts of Innsbruck. One of the villages or districts of Innsbruck is Igls. Igls has about 2,550 inhabitants and is located in the south of Innsbruck. The small district is located at about 900 m on a low mountain terrace south of the center of Innsbruck at the foot of the Patscherkofel. The area of the district extends southeastward up to the Patscherkofel, but ends below the mountain station of the Patscherkofel cable car.

There is a lot to discover in Innsbruck's old town. The Golden Roof is one of the most famous sights. With its nearly 2,660 gilded copper shingles and rich fresco and relief decoration, the oriel in the middle of the old town was an eye-catcher not only when it was first built in 1500. The Golden Roof is located at the end of Maria Theresien Street. Named after Empress Maria Theresia, it is a boulevard and one of the busiest streets in the city of Innsbruck.

Bergisel Ski Jump

The Bergisel Ski Jump on the outskirts of Innsbruck is a popular year-round visitor highlight in Tyrol. On January 23, 1927, there was the first jumping on the natural hill. Later, the natural hill was rebuilt for the Nordic World Ski Championships in 1933. In 1964, the Olympic Games were brought to Innsbruck, and the Berginsel ski jump played an important role in this. 1091 athletes from 36 different countries participated in the games. The ski jump is also known for its unique architecture. The tower houses an observation restaurant, and an observation deck from which breathtaking views can be enjoyed.

The Nordkette - the jewel of the Alps

Just a few minutes from the center of Innsbruck, you can explore Austria's largest nature park with the Innsbruck Nordkettenbahnen. After a trip up to the Hafelekar, breathtaking 360° views can be admired with the capital of the Alps on one side and the Karwendel Nature Park on the other. The 2,344 m high Hafelekar is within reach for residents and visitors thanks to a direct connection to the city of Innsbruck. On the Nordkette, glimpses of otherwise shy wildlife can be caught and views with unique panoramas leave nothing to be desired.

Swarovski Crystal Worlds Wattens

The world-famous Swarovski Crystal Worlds are located just 20 kilometers east of Innsbruck. At this place, crystal is presented in its very own interpretation. The magical place combines contemporary art, as well as ancient history. The most famous sights within the Crystal World in Wattens are the Giant, as well as its gardens that enchant from beauty and energy to aesthetics. The worlds of art and culture, entertainment and shopping were expanded from 2013 to 2015 to a total of 7.5 hectares. A unique crystal cloud can now be admired in the poetic garden. The crystal cloud was defined with 800,000 hand-set and enchanted floating crystals.

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Rating

B
CategoryRatingPoints
LocationPrimary
1
VacancyVacant
3
Development StageNew Construction
3
Track RecordMore than € 250 million developed
1
Asset TypeResidential
DurationUp to 18 months
1
Existing Bank FinancingYes
Pre Sales>20%
1
Total
10
B
Rendity Rating are for informational purposes only. Real estate projects may fail. In the worst case, even the total loss of the invested capital can occur. You should therefore only invest funds you can afford to lose. Moreover, funds should be spread across various projects (diversification). Please note the respective documents for each project as well as the Risk Notice.

Team

The UMFELD group is organized in the umfeld holding and 3 specialized personnel companies, umfeld architectur, umfeld object and umfeld concept, which deal with the topic of architectural space on different levels. Badhausstraße 31 Projektentwicklungs GmbH is a project company of the Umfeld Holding GmbH.

Umfeld Holding was founded in 2005 and is managed by Dipl. Ing. Clemens Waining. All divisions of the Umfeld GmbH express themselves through extraordinary creativity, closeness to the artistic, unconventional and intellectual, without losing basic factors of function and reliability. The aim is to communicate objective solutions with the emphasis on sociological soft added values and in the future to provide a certain development in all areas through research performance.

Umfeld Holding GmbH

Umfeld Holding GmbH