Limehome is set to open 23 additional fully-digitised serviced apartments in Karajangasse, Vienna.
The hospitality company plans to build one to two-bed apartments as well as eight larger family suites over four floors of the Gründerzeit building, which dates back to 1892.
Viennese real estate asset and investment manager GalCap is partnering with Limehome on the project.
This project is Limehome’s fourth in Vienna. Two of the projects are currently still under development, with one on Landgutgasse scheduled to open at the beginning of 2024 and another on Bischoffgasse salted to open in spring 2025.
What they said
Matthias Maas, head of expansion at Limehome says: “Vienna is one of Europe's most popular destinations for city breaks. Thanks to our digital DNA, we are able to offer our guests a smooth travel experience and stable returns for our project partners. We are proud to be one of the largest providers of serviced apartments in Vienna with 172 apartments in the coming years."
Peter Tatzl, director investment at GalCap adds: “As part of the general refurbishment, the Gründerzeit building has been adapted and converted to meet modern requirements. We are pleased to have found a reliable tenant in Limehome for this unique apartment building. The strong brand and high-quality operating concept fit perfectly with our leasing strategy.”