The project "Darnautgasse 5" is a new building project with a total of 26 residential units and 2 business units with a usable residential area of 2,135 m². The development project is in a good location in the 12th district of Vienna and offers generous terraces and balconies. The average living space is between 40 m² and 120 m². On the ground floor and parts of the basement, approx. 550 m² of commercially usable commercial space will be provided for a local supplier. A total of 18 car parking spaces will also be created.
The property is surrounded by all-important amenities for daily needs and is excellently connected to the public transportation network due to its proximity to the Meidling train station junction (U-6, S-Bahn, Badner Bahn, bus and streetcar lines). Darnautgasse is also an excellent starting point for individual transportation. Thanks to the various main traffic routes nearby, such as the Gürtel, Tangente, Altmannsdorfer- or Breitenfurter Straße, destinations in and outside the city can be reached easily and quickly.
25% of the new construction project has already been sold to investors. The construction work is well advanced and is expected to be completed by the 4th quarter of 2021.
Investors receive an annual interest rate of 6.25% 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 maximum term of 15 months.
There is a liability in the form of a hard letter of comfort in the amount of the loan amount issued by the managing partner.
Investors receive immediate interest from the moment they pay in their investment, which is paid out after the subscription period has expired. With the Rendity Sofortzins investors receive for their invested capital not only interest 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 already paid out to the wallet after the end of the subscription period.
The Darnautgasse is optimally connected in terms of traffic. The Vienna Meidling train station and the subway station Philadelphiabrücke are within walking distance. Meidlinger Hauptstraße and Schönbrunn Palace are also just a few minutes away.
The DEMAX GROUP relies on many years of experience in the field of real estate investments, whose focus is on information-rich consulting for low-risk investments and an above-average return. The Demax Group has succeeded in all matters of the real estate industry, from the planning of projects and financing to the development and - last but not least - the sale of real estate.
The borrower is the owner of the property with the address Darnautgasse 5 in 1120 Vienna. The revitalization and addition project comprises a total of 28 units (plus balconies, terraces and business units) with a total area of almost 2,135 m².
The property has been acquired, the planning phase has been completed and the building permit has already been issued. The construction work is well advanced and is expected to be completed by the 4th quarter of 2021. In addition, the sale of the residential units has started, which means that an advance sales quota of 25% has already been achieved.
During the term of the loan, the lender will receive an annual distribution of 6.25%.
The lender receives its invested capital back after the sale and handover of the apartments. According to planning, this is to take place after a maximum of 15 months.
Land (incl. service charges)
Additional purchase costs
Total investment costs
Expected sales proceeds
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The DEMAX GROUP relies on many years of experience in the field of real estate investments, whose focus is on information-rich consulting for low-risk investments and an above-average return. The Demax Group has succeeded in all matters of the real estate industry, from the planning of projects and financing to the development and - last but not least - the sale of real estate. The existing know-how combined with trust, reliability and sustainability is the cornerstones that make up the Demax Group.
|30.01.2021||Paid||No||22 January 2021, 00:00|