Vienna and its suburbs have the strongest population growth of all cities in Central and Eastern European cities.

Oberwaltersdorf

Fabrikstrasse 33, Oberwaltersdorf, Vienna
Austria

47.979695 | 16.324400

Vienna and its suburbs have the strongest population growth of all cities in Central and Eastern European cities. The city of Vienna has not yet been able to meet the demand for housing and with an increasing population of approximately 250,000 in the coming decades is not expected that this demand will be met in the short term. The suburbs experience a lot of demand for relatively affordable but high-quality modern housing. These peripheral municipalities are also unable to cope with the increasing demand which means that the local housing shortage increases by 2,500 homes each year. Oberwaltersdorf is such an example where the persistently strong demand in combination with a recent doubling of the population cannot be met.

The proposition is based on the development potential of 13 newly built apartments on a building plot at 33 Fabrikstrasse, Oberwaltersdorf.

The plot is very centrally located in the center of the village of Oberwaltersdorf. Oberwaltersdorf is one of the fastest growing municipalities in Vienna. Partly as a result of the excellent connections to the Austrian capital Vienna, approximately 15-25 minutes by car or public transport, this is a popular residential location in the green countryside on the southern exit route of the capital.

During the investment term it was decided, in consultation with the shareholders, to sell the complex as a whole.

Key data

Project name: Oberwaltersdorf Vienna (FULLY FUNDED)

Location: Fabrikstrasse 33, Oberwaltersdorf; a popular location near the growth city of Vienna

Initiator: REALIANCE Europe B.V. (REALIANCE)

Local partner: Faberhaus, FH Immobilien GmbH

Investment category: Development, construction, lease and sale of 12 apartments

Expected investment term: 24 months

Exit strategy: Sale to end investor

Participation: From € 100,000 (5 shares of € 100,000 in Oberwaltersdorf Wenen B.V.)

Structure: Issuance of shares in Oberwaltersdorf Wenen B.V., which holds a 50% interest in the Austrian project company.

Equity Dutch investors € 500,000 (71%)

Equity partners/ initiators € 200,000 (29%)

Projected net capital growth: 45.2% after 24 months

Projected net return (ROI): 22.6% per year

Unique selling points

Lucrative development opportunity of 12 rental apartments on an infill site in one of the fastest growing suburbs of Vienna.

Housing shortage in Vienna is the basis for fast lease-up and a short project duration.

Investment in attractive living environment with all daily amenities within reach.

Local partner participates for 29% in the required equity capital.

Low risk profile, all permits, and bank financing are available.

Simple structure with participation through a Dutch B.V. in an Austrian GmbH.

No individual tax returns by investors in Austria, tax settlement takes place at project level.

High preferred return on equity (10% per annum).

Short term of 24 months generates an expected net asset growth of 45%.

Location

For more information you can reach REALIANCE at +31 (0) 20 21 03 180 or invest@realiance.nl