THE ARIK - a retirement investment that pays off

THE ARIK - plan ahead wisely - invest intelligently

“THE ARIK” is creating a residential project in Vienna-Ottakring that combines character and lasting value. 150 thoughtfully planned units, a broad range of apartment sizes and contemporary, sustainable features provide investors with a solid basis for stable long-term rental income. Compact units meet a location that is highly sought after by tenants – the best conditions for a pension apartment with a future.

Green living at the heart of the city

The project is located in a quiet, traffic-calmed cul-de-sac on Herbststraße in the 16th district, directly adjacent to Arik-Brauer-Park. In recent years, Ottakring has developed into one of Vienna’s liveliest neighbourhoods: Its proximity to the 7th district, established local amenities, cafés, restaurants and markets make the area particularly attractive to young professionals, students and couples. The “Auf der Schmelz” local recreation area nearby provides opportunities for relaxation. The city centre can be reached quickly by underground, tram and Gürtel – a decisive factor for sustainable rental potential.

The project

• 150 privately financed pension apartments
• Underground parking spaces
• 1- to 4-room apartments
• Apartment sizes between approx. 30 and 130 m²
• Flexible layouts – combining apartments is still possible during the early construction phase
• Ceiling heights of up to 2.85 m
• Outdoor areas such as private gardens, balconies, loggias or terraces
• Quiet courtyard location with a landscaped inner courtyard
• Children’s playground
• Communal areas
• Energy class B (HWB 26 and fGEE 0.72)

Features

• Underfloor heating via district heating
• Photovoltaic system on the roof
• Air conditioning in the attic apartments
• Oak parquet flooring in the living areas
• High-quality tiles in the wet rooms
• External, electrically operated sun protection
• Provision for e-mobility

Purchase prices of the pension apartments

from EUR 178.100,- to EUR 1.100.000,- net plus 20% VAT.

Expected rental income

from approx. EUR 16,75 to EUR 18,50 net/m²

3% customer commission

Completion: 2028

This offer concerns a pension apartment purchased for rental purposes. The stated purchase price is therefore plus 20% VAT. These data are subject to possible changes.

You can find a detailed overview on our EHL project website: https://www.ehl.at/wohnen/wohnprojekte/herbststrasse-6-10-1160-wien

We hereby point out that there is a family or economic relationship between the intermediary and the third party to be mediated.

The intermediary acts as a dual broker.