№ 1,856,164

Apartment building 2,316 m² in Vienna

11,500,000 €
4,965 € /m²
  • Apartments 38
  • Yield 3.3%
  • Constructed  2022
  • Price per key —
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Alina Dunaeva
Investment consultant in Vienna
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    Key project parameters
    Total area
    2,316 m²
    Land area
    795 m²
    Apartments
    38
    Number of parking lots
    16
    Constructed 
    2022
    Project description

    New apartment building in Vienna 16.

    Description

    The apartment building will include 38 apartments with a total area of 2,316 m² and an underground parkings for 16 cars.

    Start of construction is scheduled for Q2 2020.

    It is planned to end construction works in 2022 with the subsequent lease of apartments and parking spaces.

    Deal type: Forward Deal.

    Tenants
    Agreement
    n/a
    Financial performance
    Yield
    3.3%
    Request a personalised calculation
    Location and nearby infrastructure

    The property is located in Vienna 16, on a street without heavy traffic. All the necessary social infrastructural facilities – shops, kindergartens, schools – are within walking distance. At a distance of 100 meters there are tram and bus stops, it will take you no more than 15 minutes to get to the city center by transport or car.

    Ottakring, the 16th district of Vienna, is located on the western outskirts of Vienna. The area is famous for traditional breweries.

    The cultural life of the area is concentrated in the vicinity of Yppenplatz and Brunnenmarkt. Famous attraction – castle Wilhelminenberg located at an altitude of 450 m.

    Due to its relatively low prices, the area is popular among young families. There are many apartment buildings, there are single-family mansions.

    Vienna is the capital of Austria with population of over 1,800,000 people.

    Vienna is the 3d city-residence of the United Nations after New York and Geneva. There are the headquarters of such international organizations as OPEC and the OSCE here. Vienna 9 times in a row took the 1st place in the world for quality of life (Economist, 2018).

    Public transport is well developed in Vienna, a chain of autobahns and railways connects Vienna with other cities in Austria and Europe. Schwechat International Airport is the largest in Central Europe, with more than 60 airlines from around the world registered, annually serving more than 14 million passengers.

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    Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
    annual yield
    From 15-17%
    investment exit horizon
    2–3 years
    full support at every stage
    Turnkey deal
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    Analysing the needs

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    Developing a strategy

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    Helping with management

    We can take over the management of your property or recommend a suitable management company

    Organising property viewings

    We will arrange a visit to the site to view one or more projects

    Saving time

    At the investor's request, we can arrange a remote purchase with the least possible visits to the country

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