Project Wurlitzergasse 77

  • Real Estate
  • Revitalisation


[nectar_highlighted_text color_type=”regular” highlight_color=”#00cae8″ style=”regular_underline” highlight_expansion=”default” underline_thickness=”default” delay=”200″]We are approaching project “Wurlitzergasse 77” with a massive and complete revitalization. There will be an extensive refurbishment of a beautiful middle-income house, the attic of the property is going to be extended with 4 newly developed residential units, while still on the extension an additional 285 m² of net living space will be realized. The project is mainly for residential purpose and has a duration between 18 to 36 months.

Wurlitzergasse 77 has its central location in the heart of the 16th district where a variety of environmental benefits are enormous, such as the Brunnenmarkt, Vienna’s longest street market, which stretches along Brunnengasse from Thalia Strasse to Ottakringer Strasse. The Vienna City Hall where popular events are held is also very nearby along with the Cafés on Yppenplatz, which provide regional delicacies and the Ottakringer Brewery which has the production of up to 350,000 hectoliters of beer.

El-CO Immobilien, a real estate development company specializing in residential real estate with headquarters in Vienna will be the leading partner. One of their key features is the ability to spend a lot of time in the planning and implementation of every projects.

The financing aspect of the project emanate from existing bank loans that amount to 4,605,000 euro and with equity finance of about 275,000 euro[/nectar_highlighted_text]