The project "Wagramer Strasse 130" is a new building project in a central location in the 22nd district of Vienna. All important amenities for daily needs are close by and at the same time the project is surrounded by sufficient nature and recreational areas. This project involves the construction of a new building with 36 residential units, a business premises and 12 car parking spaces for subsequent sale.
In total, the project will create 2200 m² of usable space as well as open spaces such as roof terraces, terraces and gardens with a size of 200 m². The residential units will be built with a special focus on contemporary and comfortable construction.
For the purpose of partially refinancing the own funds used, WS130 Projekt GmbH, a subsidiary of AIRA Development GmbH, intends to take out qualified subordinated loans of up to € 400,000.
The borrower is the owner of the property EZ 472 KG 01660 in Wagramer Strasse 130, 1220 Vienna. A total of 36 residential units with a living space of between 32 m² and 84 m² on 8 floors plus open spaces such as roof terraces, terraces and gardens will be built. The property has already been acquired and planning activities are in full swing. The aim is to sell the residential units individually at market prices.
During the term of the loan, the lender will receive an annual distribution of 6%.
The lender receives its invested capital back after the sale of the apartments. According to the plan, this is to take place after 18 months.
The 22nd district in Vienna, also known as "Wien Donaustadt", is home to a variety of leisure and recreation areas. Special hotspots of the district are the Alte Donau, the area around Donau-City and the lakeside town of Aspern. Many residents especially appreciate the family-friendly and quiet residential areas of the 22nd district with sufficient space for families and sports activities. The Urban Lakeside Aspern is located in the immediate vicinity of Wagramer Straße, where the new building project is to be realised.
Explore the surroundings
The Wagramer Straße enables residents to get directly to the city centre from the eastern outskirts of Vienna. The immediate proximity to all important amenities of daily life means that in Wagramer Straße one can enjoy both the opportunities of a still partly rural urban area and the amenities of a modern city district with extensive social, educational, cultural and sports facilities as well as various possibilities for local supply. The connection to the public transport network is also provided by bus lines and the underground station Kagraner Platz. The U1 underground line, for example, takes about 15 minutes to get directly to the city centre. By walking south-west you can reach the famous Donaupark as well as the Donau- City, the famous local recreation area of the Danube and congress centre.
The Danube City is home to the famous Vienna International Centre - commonly known as "UNO City" - is one of the three headquarters of the United Nations (UN). Built between 1973 and 1979 according to the plans of the Austrian architect Johann Staber, the UNO City has developed into a major economic factor for Vienna. In addition to the approximately 5,000 employees of the UNO and its sub-organisations who live here permanently, a considerable number of tourists have come to Vienna because of the regular and numerous conferences. The UNO-City can generally be seen as a pioneer of the urban development of the Donau-City; at that time a rather rural area on the outskirts of the city to a metropolitan and international district of Vienna.
The Donaupark is a park of around 604,000 m² in the 22nd district of Vienna Donaustadt. The Donaupark is conveniently located between Wagramer Strasse, the Bruckhaufen housing estate, Arbeiterstrandbadstrasse and Hubertusdamm. Directly adjacent to the Donaupark, which originally reached as far as Wagramer Strasse, is the UNO-City with the Vienna International Centre and the Austria Center Vienna, to the south of which is the Danube City and then the Copa Cagrana with the Danube Island to the New Danube. In the north, the Danube Park is bordered by the beach resorts along the Old Danube.
The Alte Donau is an oxbow lake of the Danube in Vienna. It is located northeast of the New Danube, which accompanies the Danube's main stream, but has no direct connection with it or with the Danube itself. The Old Danube is a leisure and bathing area close to the city centre, which can be reached by underground. Several very popular public lidos can be found along the banks, including the most famous one, the Goose Pond. The Old Danube is ideal for water-related leisure activities and on summer days is often used for windsurfing and boating. Along the Old Danube you will find a large number of sailing schools and boat rentals.
|Development Stage||New Construction|
|Track Record||More than € 250 million developed|
|Duration||Up to 18 months|
|Existing Bank Financing||Yes|
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.