An increasing number of people are being drawn to live in areas surrounded by more nature – particularly to areas with good transport connections just outside the city. With this in mind, the Gartenpark Korneuburg estate is optimally positioned as an attractive investment for real estate investors. The Austrian capital Vienna is growing continuously, its residents earn above-average incomes and the housing market is flourishing. The district of Korneuburg in particular is one of the fastest growing areas in Lower Austria and one of the five districts with the highest purchasing power in the entire Alps region – all with perfect connections to the federal capital.
More than housing
The Gartenpark Korneuburg estate is far more than just an interesting residential property.
Due to the versatile nature of the development, interested investors can explore a host of investment opportunities: next to classic apartments there are comfort-ready flats (short-term use), a medical centre and premises for a range of other businesses.
Investors can participate in the overall project or choose the segment that best suits their individual investment profile.
Further important notes
- The Gartenpark Korneuburg estate is being executed as a leasehold project, with cost advantages due to elimination of the land acquisition expense. The contract with the leasehold provider, Roman Catholic church Korneuburg, runs until 31. August 2117
- The project has been planned as a medium-term property investment on the basis of current regulations.
- Due to the market situation the economic owner reserves the right to make changes to the sales strategy.
- Further important information can be found in the Legal notice.
Overview of the project
From EUR 141 million project volume
Expected completion: December 2021
About Wiener Komfortwohnungen
Gartenpark Korneuburg is a project of Alexander Finster as the economic owner of Wiener Komfortwohnungen Holding GmbH, a subsidiary of Herbert Capital Management Ltd, headquartered in Luxembourg. Alexander Finster is specialised in the development and realisation of high-quality residential properties in the Vienna metropolitan region, leveraging the decades of experience possessed by its team to do so. The projects managed by Wiener Komfortwohnungen range from comfort-ready flats (short-term use) to comfortable rental apartments (limited lease) and assisted living.
The group covers the entire range of services, from land purchase, architectural planning and construction all the way through to operational management of the property. Environmentally friendly construction is its highest priority and it is committed to ensuring optimal service and maximum transparency in all its processes.
Are you interested in investing in the Gartenpark Korneuburg?
Feel free to get in touch! We look forward to hearing from you.
Digital Event: Exclusive study presentation & insights on real estate investments
On 29.10.2020, the presentation of results of a KANTAR survey of 400 investors from the DACH region and UK on the subject of real estate took place. At the same time, there was an opportunity to talk to the CFO of Wiener Komfortwohnungen in an exclusive round.
In this booklet we have summarised the most important results of the discussion and the continuing strong appeal of real estate in Corona times.
Whether by car, by bicycle or by train: Gartenpark Korneuburg is located in the green countryside, in the Vienna Metropolitan Region, and at the same time is pleasantly easy to reach from downtown Vienna. By car, it is directly on the freeway, and with the express train, residents can reach Vienna city centre in a few minutes. Bicycles can also be taken along – or, if necessary, parked at the covered train station for the way home.