Project details
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AddressHasnerstraße 131, 1160 Vienna / 16. Bezirk - Ottakring
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Housing typeCondominium, Investment, Renovation, Investment apartment
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PriceOn request
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Roomsrooms
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Living space32 - 84 m2
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Ready to occupy2028
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Units20
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CategoryUpscale
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Project ID27749
Features
- Balcony
- Garten
- Loggia
Location
Project description
16. Artha
Renovated living space in urban Vienna
Continuing to build on existing stock
The project 16. Artha connects history and future. Leopold Hasner von Artha, namesake of Hasnerstraße, stood for progress and responsibility – values that also characterize this developer model. At the same time, Artha means "prosperity" in Sanskrit - fitting for this sustainable investment.
The Wilhelminian building in Vienna's 16th district is being completely renovated and extended by two upper floors and two attic floors. 20 residential units with ideal floor plans are being created – the majority of them with outdoor spaces such as loggias, balconies or gardens. The traffic-calmed location and the increase in space promise the highest possible value appreciation potential of this developer model.
Benefits
Creating advantages together for your future
This is what you benefit from with this developer model
- Finding the optimal location
When developing the property, attention is paid to the location, the competitive situation on site and high-quality outfitting. This achieves good occupancy and attractive returns. - Easy entry
Starting from a minimum investment amount (equity share 30%) of €76,799 - divided into 4 tranches - you can take the first step into a high-yield investment. - Acting sustainably
Through the revitalization of historic building fabric and further development of existing stock, contemporary living space is created in regional centers – resource-conserving and sustainable. Renovations improve the energy balance, strengthen the quality of life and avoid additional soil sealing. - Optimizing taxes
Developer models open up tax design options that do not exist with a direct real estate acquisition. Thanks to instruments such as the immediate write-off of advertising costs and the accelerated depreciation (1/15 AfA), the capital requirement for acquisition, construction and financing can be significantly reduced. - Structuring financing
Making the best use of credit lines or high equity share? The right selection is not only decisive for the location. Terms, interest rates, type and volume of the financing structure contribute significantly to the profitability of real estate investments. As your forward-thinking partner, we have an agile and experienced network of financing partners. This means that the capital requirements can be optimally covered and the individual investment goals can be achieved as soon as possible. - Building on experience
Since 2008, we have been supporting people in selecting suitable real estate investments and have successfully implemented over 60 projects since then. More than 600 investors already benefit from the sustainable value creation of these investments. - Attractive return
Due to realistic valuations and around 60 successfully implemented developer models, we expect net rental income as % of net investment until 2047 (after taxes at a progression of 50%) of 7.2%. - Winning with subsidies
Public funding programs for the construction and renovation of residential space create economic advantages for developer models. Subsidized rents increase demand, facilitate rental and sustainably reduce the vacancy risk – a significant contribution to the stability of the investment. - Initial rental guarantee
With our rental service, we take over the rental for the first 12 months after completion. The ideal location of the property promises long-term full occupancy.
Ideal rental location
Ottakring is one of Vienna's established, urban districts – with over 100,000 inhabitants, direct connections to the metro (U3), S-Bahn (S45), tram and bus. Clinics, local amenities and large green spaces around Wilhelminenberg and Steinhofgründe can be reached in a few minutes. What currently particularly enhances the location: as part of the "climate-fit Hippviertel" initiative, Hasnerstraße (Vienna's first bicycle-friendly street since 2012) will be further developed in 2025. Traffic calming, additional seating as well as improved sidewalks and intersection safety measures are planned – all with a focus on safety and quality of stay. According to urban planning, this section is an essential development axis in the 16th district – as part of a higher-level mobility and climate strategy that aims to create more greenery, more safe cycling and walking paths and an even more livable environment.
Legal notice: the information on the construction project is an editorial contribution by neubau kompass AG. It is for information purposes only and does not constitute an offer in the legal sense. The content offered is published and checked by neubau kompass AG in accordance with § 2 TMG. Information on any commission obligation can be obtained from the provider. All information, in particular on prices, living space, furnishings and readiness for occupancy, is provided without guarantee. Errors excepted.