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Project of elite living house with private spa facilities in the green area of Hernals, Vienna

2,650,000 €
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Total area: 1,294 m²
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Features
  • Land area: 1,005 m²
  • 5-floor building
  • Minimum owner's capital: 1,894,500 €
  • Number of parking lots: 12
  • Loan size: 70% of the value of the object
  • Rate: 1.5%

Approved by the authorities project of construction a residential building with excellent transport links in the 17th district of Vienna.

5-level building consists of 13 apartments and an underground garage for 12 parking spaces.

The total planned construction area about 1,294 м².

Living area — about 1,108 м².

Size of each apartment is from 45 to 170 м².

Plot of land: 1,005.40 м².

Terraces — 283.8 м².

Balconies — 107.4 м².

Gardens — 384.3 м².

Plan of the house was designed by well-known architects firm Huss Hawlik Architekten. Attic apartments have high ceilings. Penthouse on the roof with direct access from the elevator and infinity pool on the rooftop. For all residents of the house will be available spa — area with sauna, steam bath (size approximately 50 m²). Start of construction is available at any time, the project has already been approved by city government of Vienna.

In 2014 a similar project was implemented on a nearby site. The average cost of apartments is about 6,000 € per m².

Advantages

Demand on apartments of this type with an excellent location is very high!

Financial performance

Total amount of sales of apartments — € 7,605,953

Income before tax 20% — € 1,290,953

Loan

Bank loans at 1.5% rate up to 70% of costs — € 4,420,500

Location

The object is located in the green and exclusive district of Vienna — Hernals. It is bordered with the Vienna Woods. Nearby there is one of the most beautiful places of Vienna — Wilhelminenberg Palace and an observation platform with panoramic view of the city.

Nearby is the famous American International School.

Close to the future construction is located bus stations 46A, 46B and subway U3 Ottakring.

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Artem Ezhkov
Real Estate Expert Tranio in Hernals
+44 20 3608 1267
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    • Bank financing from 2% annually
    • Construction site audits
    • Management company services