The 'Erlenweg 6' project involves the construction of a residential complex with seven houses in an exclusive design with a total of 35 privately financed owner-occupied apartments between 35 m² and 120 m² with a weighted living area 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 the spacious 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 attention to contemporary and comfortable construction methods. All apartments have open spaces such as terraces or gardens.
Investors receive an annual interest rate of 6.75% on their invested capital. The interest is distributed to the investors every year. The invested capital is repaid to the investors at the end of the 30-month term.
After the purchase of the property, the building permit was successfully obtained and planning activities were started. Construction will start on 15.09.2020.
There is a liability in the form of a hard letter of comfort in the amount of the loan amount issued by the parent company Da Vinci Prime GmbH.
Investors receive instant interest from the time they pay in their investment, which is paid out after the subscription period has expired. With the Rendity Sofortzin, investors receive interest for their invested capital not only for the loan term but also for the time before. This means that investors also receive interest on their investment during the subscription period. The immediate yield is paid out to the Wallet after the end of the subscription period.
Enjoy the Wörthersee every morning. At one of the most beautiful places in Austria, the Seeblickperle nestles up against Lake Wörthersee and offers those seeking peace and balance a place to feel good. Despite its sought-after location, both the Carinthian capital Klagenfurt and Velden can be reached in less than 15 minutes by car.
The Da Vinci Group has been an established real estate project developer in Austria for almost 25 years now. Its core business is the development of condominiums and single-family homes, both for private customers and investors. In addition, the Da Vinci Group has many years of experience in project planning as well as in the construction and marketing of real estate.
For the purpose of partial financing, Seeblickperle Errichtungs GmbH intends to raise qualified subordinated loans of up to € 500,000.
The borrower is the owner of the property with the address Erlenweg 6 in 9081 Raunch. 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 converted. 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 activities such as clearing and surveying will take place. Sales will start in autumn 2020 together with construction activities.
During the term, the lender receives of 6.75% per year.
The lender receives his invested capital back after the sale of the apartments. According to the plan, this should take place after 30 months at the latest.
Cost of acquisition: €1.918.700
Construction costs: €6.965.219
Financing costs: €163.217
Total investment: €9.170.136
Expected sales proceeds: €12.604.033
Gross profit: €3.433.897
As one of the most popular holiday destinations in Austria, Lake Wörthersee is located in Carinthia 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 known as a popular 'summer resort' region.
One of 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 summer tourism accounts for around 330,000 overnight stays. 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 Lake Wörthersee shipping. Velden with its well-known gourmet restaurants is therefore quickly 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 alpine lake. 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 color, which is created by the lime-rich water and colors the water idyllically, especially in summer. In autumn 2019, the lido in Reifnitz was also rebuilt and modernized 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 traveling 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 the Wörthersee at 851 m above sea level is the observation tower 'Pyramidenkogel' 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 resort on Lake Wörthersee. Velden Castle is well known through the TV series of the same name 'Ein Schloß am Wörthersee' which has been 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 towards life, which is very well received by visitors from home and abroad, with a wide range of top gastronomy, hotels and recreational facilities. This mix of Carinthian down-to-earthiness of the alpine region and a great attitude towards life is immediately noticeable in Velden. Starting with recreation at the lake and several hiking trails, up to adventure and lifestyle, Velden offers its visitors a wide range of leisure activities. Especially popular are the annual events such as the Fête Blanche, Pink Lake, and the music event Starnacht.
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.
We create a harmonious living ambiance for our customers 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 has to be implemented with meticulousness and passion - this attitude turns our prospective clients into satisfied customers - both as residents and as investors.
|30.06.2020||Paid||No||04 May 2020, 00:00|