diff --git a/CMakeLists.txt b/CMakeLists.txt
index 7170ecaac..5f5fcdb72 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -528,12 +528,14 @@ ExternalProject_Add(
     SOURCE_DIR "${STORM_SYLVAN_ROOT}"
     CMAKE_ARGS -DSYLVAN_BUILD_TEST=Off -DSYLVAN_BUILD_EXAMPLES=Off -DCMAKE_BUILD_TYPE=Release
     BINARY_DIR "${PROJECT_BINARY_DIR}/sylvan"
+    INSTALL_COMMAND ""
     INSTALL_DIR "${PROJECT_BINARY_DIR}/sylvan"
 )
+ExternalProject_Get_Property(sylvan binary_dir)
 set(Sylvan_INCLUDE_DIR "${STORM_SYLVAN_ROOT}/src")
 message(STATUS "Linking with shipped version of sylvan (in directory ${STORM_SYLVAN_ROOT}).")
 include_directories("${Sylvan_INCLUDE_DIR}")
-list(APPEND STORM_LINK_LIBRARIES "${PROJECT_BINARY_DIR}/sylvan/src/libsylvan.a")
+list(APPEND STORM_LINK_LIBRARIES "${binary_dir}/src/libsylvan.a")
 
 #############################################################
 ##
diff --git a/resources/3rdparty/sylvan/src/CMakeLists.txt b/resources/3rdparty/sylvan/src/CMakeLists.txt
index 739d7e991..f5105f9d3 100644
--- a/resources/3rdparty/sylvan/src/CMakeLists.txt
+++ b/resources/3rdparty/sylvan/src/CMakeLists.txt
@@ -35,6 +35,13 @@ add_library(sylvan
     tls.h
 )
 
+# We need to make sure that the binary is put into a folder that is independent of the
+# build type. Otherwise -- for example when using Xcode -- the binary might end up in a
+# sub-folder "Debug" or "Release".
+set_target_properties(sylvan PROPERTIES
+                      ARCHIVE_OUTPUT_DIRECTORY_DEBUG ${CMAKE_CURRENT_BINARY_DIR}
+                      ARCHIVE_OUTPUT_DIRECTORY_RELEASE ${CMAKE_CURRENT_BINARY_DIR})
+
 target_link_libraries(sylvan m pthread)
 
 include(CheckIncludeFiles)