Tag: Markstein

  • Pilot project for individualised living

    Pilot project for individualised living

    The Felivita development with 39 rental flats and 44 floor units is being built in a good location in Bachenbülach.

    Felivita consists of seven building units with different owners. The Vertina Investment Foundation is one of them, participating in the project with 26 rental flats. These units are offered with the iwo residential model.

    An exciting project! There are seven months left for marketing, after which the flats will be completed for individualised occupancy. Individualised living is offered in this project as an alternative to condominium units. The tenants will be able to design the interior of their rental flat according to their own preferences, similar to home ownership.

    There are three different design lines to choose from. The basic lines can be combined with each other and floor coverings, kitchen fronts or bathroom tiles in different materials or colours can be selected. As an option, for example, the choice of a shower toilet or an upgrade of the kitchen appliances is offered. The digital configurator guides the future tenant through the selection process and directly reflects the additional costs incurred for the individualised rental flat.

    The additional costs incurred by selected “upgrades” are borne by the tenant and will be invoiced prior to commencement of the tenancy.

    In mutual interest, a long-term rental contract is concluded for five years. To ensure investment protection, tenant-side renewal options of five years will be agreed, which can only be terminated by the tenant.

    The developer is convinced that iwo will create added value for tenants and investors. The improvement of the offer for tenants leads to more sustainability and stability in the joint contractual relationship, which in turn reduces the maintenance costs to the benefit of the investors.

    The target group is prospective tenants who want to live in the development for the long term. Typically “best agers”, but of course also families or other settled groups of people.

    Markstein is responsible for marketing the entire project. The start of letting is scheduled for May 2023. Occupation of the rental and condominium flats is in autumn 2024.

  • Baden's tallest building is called Akara Tower

    Baden's tallest building is called Akara Tower

    In addition to other projects, the tallest residential and office building in the city is being built on the former ABB site near Baden's train station. In the meantime, the name for the 66 meter high tower is also known: Akara Tower. The client is Akara Funds based in Zug, planning and construction are carried out by HRS Real Estate from Frauenfeld TG. The real estate company Markstein AG , based in Baden, has been commissioned to market the commercial and office space in the Akara Tower and the rental apartments.

    In terms of traffic, 150 rental apartments are being built in the Akara Tower in the best traffic location, just a four-minute walk from the train station. They have 1.5 to 4.5 rooms. Office and service space can be rented on floors two to four. There are two commercial spaces on the ground floor. Marketing of the office space will start this autumn. The apartments will be advertised for rent from summer 2022. The move into the Akara Tower is planned for the fourth quarter of 2023.

    The planning also includes the establishment of parking spaces. Next to the high-rise building and under the future town square, an underground parking garage with almost 500 parking spaces is being built. The parking spaces provided for the high-rise are also located there. There are also around 350 bicycle parking spaces available.