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Update from the originator:
The originator would like to inform about the current sales status of the Esslinger Hauptstraße 41 project:
Apartments still available: 4
Pitches still available: 5
Sales volume of the apartments still for sale: € 1,696,000 plus garage spaces approx. € 120,000
Loan commitment: currently approx. € 120,000,
The issuer regrets the delay and is continuing to work hard to sell the last apartments. Furthermore, the issuer endeavors to repay the investors' loans, including interest and default interest, as soon as possible.
The 'Esslinger Hauptstraße 41' project involves the construction of two apartment buildings in exclusive construction with a total of 21 privately financed freehold flats between 44 m² and 120 m² with a weighted floor area of 1,482 m² including open spaces. The residents of the house have 8 car parking spaces in the basement, as well as a pram storage room and a bicycle storage area at their disposal.
Particular emphasis was placed on sustainable construction and well thought-out layouts. During the planning phase, it was possible to create housing units for a wide variety of target groups and to adapt the room layout to a wide variety of life situations. The housing units are designed with a special focus on contemporary and comfortable construction methods.
For the purpose of partial financing, Essling41 Projektentwicklung, Verwertung und Beteiligungs GmbH intends to raise qualified subordinated loans of up to € 1,000,000.
The borrower is the landowner of the property with the address Esslinger Hauptstraße 41 in 1220 Vienna. A total of 21 residential units with a weighted floor area of 1,482 sqm including open spaces will be built. The acquisition of the properties has already been completed, the planning phase has been completed and construction activities are already in full swing. The sale of the apartments has already started and construction is expected to be completed by summer 2021.
During the term, the lender receives an annual payout of 7,00%.
Location
The 22nd district, also known as 'Donaustadt', lies east of the city centre of Vienna and is Vienna's most populous district. The 22nd district covers almost a quarter of the total area of Vienna's municipal territory and is distinguished by its comprehensive appearance. In addition to numerous green spaces and local recreation areas, which account for almost 50% of the total area of the 22nd district, there are numerous large residential and single-family housing estates such as the Donau City district, which is characterised by office and residential high-rise quarters.
Historically, the 22nd district was created in its present form in 1954. In the course of time, many housing estates developed there, in 1979, for example, the extraterritorial area of the UNO was created and in recent years the office towers of the 'DC Towers' opened there, of which Tower 1 is the highest building in Austria to date. Today, the 22nd district belongs to an up-and-coming district with good infrastructural connections, many local recreation areas such as the old Danube and the urban district of the Donaucity, which is characterised by office buildings and can be easily reached by underground lines 1 and 2. Vienna's largest shopping centre, the Donauzentrum in the 22nd district, with its endless shops, restaurants and cafés, is also particularly well known.
The 22nd district in Vienna, also known as the 'Vienna Danube City', is home to a variety of leisure and recreational areas. Special hotspots of the district are the Alte Donau, the area around the Donau-City and the lake city Aspern. Many residents particularly appreciate the family-friendly and quiet residential areas of the 22nd district with sufficient space for family and sporting activities.
The Urban Lakeside Aspern in the 22nd district of Vienna is one of the largest urban development projects in Europe. Over the next few years, the district will accommodate over 20,000 people who live and work here. In the centre of the lakeside town is the artificial lake, which gives the district its name and serves as a recreational area for local residents. According to the urban planning concept, 15,000 new office workplaces will be created in addition to the more than 10,000 apartments. Four parks and green areas are available to the residents of the Urban Lakeside to ensure a high quality of life. Huge and anonymous blocks of buildings are avoided for the cityscape; instead, differently designed townhouses are built. The focus of the residential building model is: Climate friendliness, affordability, social sustainability, functional mixing and architectural diversity.
Donaupark is a 604,000 m² park in the 22nd district of Donaustadt in Vienna. The Donaupark is conveniently located between Wagramer Strasse, the Bruckhaufen settlement, Arbeiterstrandbadstrasse and Hubertusdamm. Directly adjacent to the Donaupark, which originally reached as far as Wagramer Strasse, are the UNO-City with the Vienna International Centre and the Austria Center Vienna, to the south of which the Donau City and finally the Copa Cagrana with the Donauinsel to the New Danube. In the north, the Donaupark with its bathing beaches along the Old Danube is bordered by the Copa Cagrana.
The Alte Donau is an old arm of the Danube in Vienna. It lies to the northeast of the New Danube, which accompanies the main Danube river, but has no direct connection either with the Old Danube 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 beach resorts can be found on the banks, including the most famous of them, the Gänsehäufel. The Old Danube is ideal for water-related leisure activities and is popular for windsurfing and boating on summer days. Along the Old Danube you will find a variety of sailing schools and boat rentals.
Date | Status | Late | Assignment date |
---|---|---|---|
06.04.2020 | Paid | No | 06 April 2020, 13:03 |
08.03.2021 | Paid | No | 08 March 2021, 12:55 |
08.03.2022 | Paid | No | 16 March 2022, 11:17 |
10.03.2022 | Yes | - |
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