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Apartment Building Expansion

  • Vienna, Austria
  • 2024-May-22
  • Views: 84
  • (0 Reviews)

2,000.00 EUR (Min Amount)

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Key Details

Min Invest Amount

2,000.00 EUR

Max Invest Amount

480,000.00 EUR

Return Rate

7.00 %

Target Duration

year

Return For

Lifetime

Capital Back

Yes

Property Amenities

PRICE

800000

SQUARE METERS

355

Property Description

Apartment building in Vienna being expanded with two attic floors. Construction of 4 penthouses and increases total usable space by 355 m² to 1,542 m². Modern roof structure offers balconies and terraces with Vienna views. Construction starts in Q2 2024, finishes in Q3 2025, then units will be sold. DNG35 Immobilien seeks qualified subordinated loan Annual distributions of 7.25% offered to lenders. Loan repaid after apartment sales, targeted within 30 months. 20th district of Vienna, near the Danube Canal and Danube River. Lively and well-connected area with shops, restaurants, and green spaces. Close to Hannovermarkt, Augarten park, and public transportation (U4, U6). Attractive investment opportunity with good returns. Creates modern apartments in a sought-after location with excellent amenities. Project backed by experienced KVIERREAL Group.

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