In the "Erlenweg 6" project, a residential complex with seven houses is being built in an exclusive construction method with a total of 35 privately financed owner-occupied apartments between 35 m² and 120 m² with a weighted living space of 2,988 m². In addition to the unique panorama with a view of Lake Wörthersee, the residents of the residential complex will have 60 garage spaces and 5 outdoor parking spaces at their disposal. The ideal use of space on the extensive property offers a relaxing and open atmosphere and an excellent feel-good climate.
With the sustainable construction method, particular importance was attached to well thought-out floor plans. During the planning phase, residential units for a wide range of target groups were created and the room layout was adapted to a wide variety of living situations. The residential units are implemented with special consideration of contemporary and comfortable construction methods. All apartments have open spaces such as terraces or gardens.
For the purpose of partial financing, Seeblickperle Errichtungs GmbH intends to take up qualified subordinated loans of a maximum of € 500,000.
The borrower is the land registry owner of the property with the address Erlenweg 6 in 9081 Raunach. A total of 35 residential units with a weighted usable residential area of 2,988 m² as well as 60 garage spaces and 5 parking spaces will be realised. The properties have already been acquired and the planning phase is in full swing. Construction will start on 15.09.2020, prior to which preparatory construction work such as clearing and surveying will already take place. Sales will start in autumn 2020 together with construction activities.
During the term, the lender will receive an annual distribution of 6.75%.
The lender will receive its invested capital back after the sale of the apartments. According to the plan, this is to take place after 30 months.
As one of the most popular holiday destinations in Austria, Lake Wörthersee in Carinthia lies in the south of Austria and is embedded in the Alps. Despite its location in the Alps, Lake Wörthersee is one of the warmest Alpine lakes with water temperatures of up to 25°C in summer. Last but not least, Lake Wörthersee has always been a popular holiday destination, not least because of its location between the two largest towns in the province of Carinthia, Klagenfurt and Villach. As early as 1864, Klagenfurt was connected to the railway network, including an extension along the northern shore of Lake Wörthersee, making the lake a popular "summer resort" region.
Among the most famous hotels at Lake Wörthersee is Schloss Velden, which became known in the German-speaking world as an exclusive hotel complex through the TV show "Ein Schloß am Wörthersee" with Roy Black and Uschi Glas. Due to the high density of gourmet restaurants and well-known events such as the Fête Blanche, Pink Lake and Starnacht, Lake Wörthersee is considered a lifestyle destination from afar and attracts a large number of tourists every year. In addition to the events known throughout Austria, Lake Wörthersee and the surrounding region also offer recreation and adventure. In addition to numerous theme hiking trails, Lake Wörthersee is also becoming increasingly popular with water sports enthusiasts.
On the southern shore of Lake Wörthersee lies Reifnitz in the municipality of Maria Wörth. Due to the short distance of only 14 km to Klagenfurt, Reifnitz is a popular recreation area for the inhabitants of Klagenfurt. In summer, however, holidaymakers from all over Austria also come here, so that around 330,000 overnight stays are made due to summer tourism. In addition to the proximity to Klagenfurt, the other tourist resorts around Lake Wörthersee are also easy to reach, as Maria Wörth has its own landing stage for Wörthersee shipping. Velden with its well-known gourmet restaurants is therefore easily accessible or a popular day trip destination.
With 19.39 km² the Wörthersee is the largest lake in Carinthia and with an average water temperature of 25°C in summer it is also the warmest lake in the Alps. The pleasant bathing temperature is especially popular with summer tourists, as bathing is possible well into September. A special feature of Lake Wörthersee is its milky-turquoise colour, which is created by the lime-rich water and colours the water idyllically, especially in summer. In autumn 2019, the lido in Reifnitz was also rebuilt and modernised for the 2020 bathing season, as the number of visitors increases every year. In addition, the range of water trend sports on offer throughout Lake Wörthersee is constantly growing, which means that additional guests are travelling to Lake Wörthersee, especially to extend the season. In addition to sailing, water skiing and parasailing, new water sports such as wakeboarding are becoming increasingly popular and important at Lake Wörthersee.
Klagenfurt can be reached in a few minutes by car from Reifnitz. The miniature park "Minimundus" is located on an area of over 26,000 m² and exhibits 159 miniature models of well-known buildings, ships and trains from all continents on a scale of 1:25. Originally opened in 1958, more than 15 million people have already visited the park. The net proceeds of the Minimundus Park are donated to the aid organisation "Save the Child", which is also the owner of the park. About one third of the models in the park show important buildings from Austria, the majority of the models cover the world's most important landmarks and monuments.
On the south side of Lake Wörthersee at 851 m above sea level is the "Pyramidenkogel" lookout tower and offers visitors a breathtaking panorama of the entire Wörthersee after climbing 441 steps. Originally constructed in 1950 as a wooden observation tower, a completely new observation tower was erected in 2013. In addition to two observation platforms one above the other and an event room at a total height of almost 100 m, it also offers the highest slide in Europe with a height difference of 52 m.
On the western bay of the Wörthersee lies Velden, one of the most famous tourist resorts in Austria. Directly on the shore of Lake Wörthersee is Velden Castle, which is considered to be the most famous tourist establishment on Lake Wörthersee. Velden Castle is famous for the TV series of the same name "Ein Schloß am Wörthersee" which was broadcast in more than 40 countries. Even today, international film stars regularly visit Schloss Velden for their summer holidays.
Today Velden is considered a hotspot with a unique attitude to life, which is very popular with visitors from home and abroad, with a wide range of top-class gastronomy, hotels and recreational facilities. This mix of Carinthian down-to-earthness of the alpine region and a great attitude towards life is very much alive in Velden.
|Development Stage||New Construction|
|Track Record||More than € 250 million developed|
|Existing Bank Financing||Yes|
The Da Vinci Group has been an established real estate project developer in Austria for almost 25 years now. Our core business is the development of condominiums and single-family homes, both for our private customers and for investors. In addition, we have many years of experience in project planning as well as in the construction and marketing of real estate. The geographical focus is on the Vienna metropolitan area and Mallorca. Since our existence we have been able to develop not only single-family and terraced houses but also more than 30 residential projects and celebrated the 1,000th residential unit in 2016.
For our customers we create a harmonious living ambience with modernity, well thought-out floor plans and solid equipment. Only high-quality properties show the increase in value that the demanding clientele of the Da Vinci Group expects. It is our credo that there are no unimportant details in the development of real estate projects that we only take care of later. Everything is important and must be implemented with meticulousness and passion - this attitude makes our prospective clients satisfied customers - both as residents and as investors.