Agree an Austrian mortgage today and refinance next year for 1%

The ECB to Cut Key Rate Six Times by End of 2025

https://www.bnnbloomberg.ca/investing/2024/08/12/ecb-to-cut-key-rate-six-times-by-end-of-2025-survey-shows/

A non-Austrian can get a fixed rate mortgage today from an Austrian bank to buy their preferred ski apartment at today’s price and then refinance next year when the rates are lower for a cost of 1% or less to cancel their agreement (less than 3,250 Euros on mortgage of 325,000).

There is a very short supply of Austrian ski property.

A lot of property developers made the mistake of building during a period of high inflation and projects were cancelled.

When interest rates fall, more buyers will come back into the market and prices could rise by up to 5%.

A 5% rise on 650,000 ski apartment is an increase of 32,500 Euros.

Please contact us today for more information on how you could take advantage of this Austrian consumer regulation which helps you to cancel your refinance for 1% or less.

Flexible use: Luxury semi-detached chalets in Leutasch

Chalet-style semi-detached houses in Leutasch 

We are pleased to inform you that all four semi-detached houses in Weidach have been successfully sold. Due to the high demand, further properties in the popular chalet style will be built at new locations in Leutasch.

Examples of completed chalets (click to enlarge):

       

Site visits and locations: all of the semi-detached chalets completed so far (including Puitbach) can be visited in-person as a reference for future project locations.

        

Semi-detached chalets – facilities and usage options:  these chalets offer flexible usage options and are suitable both as a primary residence and for tourist rental.  The owners are free to organise the management either through an operating company or to take over the rental privately.

Example specifications:

  • Living space: approx. 110 to 138 m² on two floors
  • Garden: approx. 100 to 150 m², including garden house
  • Balcony: ca. 14 m² (2 m x 7 m)
  • Exposed roof truss on the upper floor with cross gable
  • Parking spaces: 2 carports and 1 free parking space per half of the house
  • Bedrooms: Configurable with two, three or four bedrooms

Features (depending on buyer’s wishes):

  • Fireplace
  • Underfloor heating and open fireplace on request
  • Hausmeister service
  • Independent energy supply through air/water heat pump and preparation for PV system
  • Optional indoor sauna

Prices and completion:

  • Sales price: From approx. 790,000 euros (completely finished outside including air/water heat pump Daikin 8 KW with installation)
  • Brokerage commission: 3% of the gross sales price plus VAT ( (please read our Terms and Conditions)
  • Completion expected in 2025

Individual design and interior fittings: a special highlight is the full control over the interior fittings.  Buyers can choose materials such as tiles, parquet and interior doors according to their personal wishes.  The interior fittings can be organised inexpensively and easily if desired.

We will be happy to inform you about all future developments and are available for viewings and to answer any further questions you may have.

All information was provided to us by the developer / Seller.

Please contact us today to register your interest.

Helene Atterbury – Property Consultant +43 676 962 7712

More tourists booked apartments in Tirol between November and March

7.1% more tourists booked their holiday in an apartment this Winter.

The number of tourists visiting Tirol increased by 7.6% between November and March.

Some other positive news: hotels are reporting strong bookings for the Summer season too.

76% of accommodation owners are satisfied with their Summer reservations.

Germany is still the number one country and the number of German tourists increased by 10.4% to 523,000 overnight stays.

There was a 7.1% increase in the number of bookings to stay in apartments versus hotels.

https://www.tt.com/artikel/30881185/24-4-millionen-naechtigungen-starkes-plus-fuer-den-tiroler-wintertourismus

Apartments for sale in Leutasch

Kristall Spaces and AlpenReal AG offer you the unique opportunity to purchase a 1 or 2 double bedroom apartment in the natural beauty of the Leutasch high plateau with a breathtaking view of the mountains.

Prices from €344.850 + acqusition fees + buyer’s fees to the agent of 3% of the gross sales price + VAT.

The apartments are zoned for tourism but the owner has the flexibility to manage the rental business on their own (via Airbnb) as there is no operator in place.

Of course, the owner can also book their stays in the apartment under this framework.

Alternatively, we can help you appoint a local operator to manage the rental for you.

If the apartment is fully rented then the owner could expect a return on investment (EBIT) of 4% per annum thanks to the 2-season location and the sustainable and low-consumption heat generation.

Projected start date May 2025 and completion no later than May 2026.

Please click here to download floor plans and contact us today to reserve your preferred apartment without obligation.

Please contact us today to register your interest.

Helene Atterbury, Property Consultant  +43 676 962 7712

Exact location:

Examples of 2 and 3 room apartments:

Top B03

2-room apartment | Orientation: South-East | Size 39.20 m² |

Quiet location | Sun all day long | Weather-protected loggia | Private garden

Living 22.52 m² | Bathroom 5.24 m² | Bedroom 11.44 m² = size 39.20 m² + terrace 10.57 m² + private garden 30.79 m²

Top B05

3-room apartment | Orientation: South-East | Size 70.55 m²

Quiet location | Sun all day long | Weather-protected loggia

Bedroom 10.50 m² | Bedroom 13.12 m² | Living room & diner 19.99 m² | Bathroom 4.37 m² | Bathroom 4.26 m² | Hallway & kitchen 18.30 m² = size 70.55 m² + loggia 12.05 m²

Leutasch and Seefeld: an unforgettable holiday experience www.seefeld.com/de/leutasch

The setting and atmosphere are relaxed and charming in contrast to its lively neighbour.  The Wetterstein and Karwendel mountains surround Leutasch’s fresco painted houses set among lush meadows on a sunny plateau, ideal for gentle hiking and biking along the flat valley floor.

There are 650km of marked walking trails for all levels including a boardwalk along the famous Leutaschklamm gorge with its waterfall and rumoured goblins and sprites!

In addition to the outstanding beauty of the setting for walks and all alpine sports, there is a rich cultural scene thanks to festivals and events all summer e.g. Seefeld Craft Fair, Strudelfest and Blumencorso, one of Europe’s biggest flower festivals.

The location is so inspiring that the Bavarian poet Ludwig Ganghofer wrote most of his work in his hunting lodge in Leutasch where he entertained Richard Strauss to Leo Slezak.

In winter, the terrain provides some of the most sought after conditions for skiers from all over the world.  Thanks to the surrounding mountains, the snow is protected from the warm Föhn wind from the South and from the icy cold from the North, leaving snowy clouds to approach from the West.

The downhill skiing in Leutasch www.seefeld.com/en/katzenkopf-leutasch is beginner and family-friendly with consistently good snow and a 3-man charilift and two drag lifts serving 5km of runs.  There are another 35km of runs in Seefeld for all levels with a further 282km in the immediate vicinity.

For many wintersports enthusiasts, however, the village of Leutasch is a byword for cross-country skiing and offers 245km of the finest cross country trails in the world.

https://www.blog.tirol/en/2017/01/8-reasons-why-you-should-try-cross-country-skiing/

https://www.tyrol.com/things-to-do/events/all-events/e-ganghoferlauf-leutasch

Seefeld: the perfect holiday destination for active people and connoisseurs www.seefeld.com/seefeld-in-tirol

On the one hand, the neighboring town of Seefeld is a popular holiday destination for active people who can use the breathtaking mountain landscape for skiing, cross-country skiing, hiking or mountain biking. On the other hand, Seefeld is also a place of relaxation and recreation, with elegant hotels, a train station, a casino and an 18-hole golf course.

The picturesque Alpine town on Tyrol’s high plateau combines charm and adventure.  Here you can enjoy the beauty of nature while taking on new challenges.

A profitable investment in a popular holiday destination

Leutasch / Seefeld is a popular holiday destination with over 1 million visitors per year.  The area is known for its breathtaking mountain landscape, diverse recreational opportunities and quality of life.

This new project offers an excellent opportunity for you to invest in a popular holiday destination. The apartments are perfect for renting and the prospect of a good return is high.

Why these Leutasch apartments are a sound investment:

  • High demand for holiday apartments in Leutasch
  • Rising hotel prices and falling inflation
  • Year-round travel destination with a wide range of leisure options
  • Already established tourism destination with a strong brand
  • Attractive returns for investors: 4% per annum (this is a forecast and not a guarantee)

Flexible financing options

To help you finance your investment in Leutasch, banks in Austria offer up to 50% of the purchase price as a mortgage over 15 to 25 years.

Alternatively, you can of course also take out financing in your home country if you get more attractive conditions there.

Our team will be happy to advise you on choosing the optimal form of financing for you.

Pure winter fun in Leutasch and Seefeld

Here are some of the highlights:

  • With 245 km of cross-country ski trails, one of the largest cross-country ski areas in Europe
  • 34 lifts and 40 km of slopes
  • 6,000 m³ snow storage for a snow-sure start to the season and 80% snow control thanks to the most modern snowmaking systems
  • Katzenkopf ski area in Leutasch with 1 chair lift, 1 drag lift and over 5 km of perfectly groomed slopes
  • Numerous natural toboggan runs
  • 142 km of maintained hiking trails
  • 35 km (7 routes) for snowshoeing
  • Ice skating and curling
  • 2 family-friendly swimming and adventure pools
  • Alpacas and petting zoo
  • Indoor tennis, squash and climbing halls
  • Cinema, libraries and museums
  • Horse-drawn carriage rides
  • International train station
  • Casino

Summer activities: a paradise for everyone

The region offers a wide range of activities to suit all interests and abilities, from hiking and cycling to climbing and golf, water sports and horse riding.

Here are some of the highlights:

  • 650 km of marked hiking trails, including the well-known Leutaschen ghost gorge
  • 61 mountain huts
  • Mountain hut in Leutasch
  • Par 72 18 hole championship golf course and another 9 hole course
  • 570 km of cycle paths through the beautiful Tyrolean mountain landscape
  • Climbing in the Leutasch climbing paradise, which offers over 1,000 routes
  • Indoor climbing in Innsbruck and Telfs
  • Swimming in the Leutasch and Seefeld adventure pools, in the outdoor pools or in the numerous lakes
  • Trail running, running and Nordic walking on varied routes
  • Tennis, yoga and other sports activities
  • Paragliding, white water rafting and kayaking
  • Football on well-maintained natural grass pitches
  • Horse riding in one of the three riding stables

Contact us today

If you are looking to buy a luxury apartment in Leutasch / Seefeld, please contact us today.

Helene Atterbury, Property Consultant  +43 676 962 7712

Media credits: Tourismusverband Seefeld www.seefeld.com | Daniel Zangerl www.danielzangerl.com | Defrancesco Photography www.defrancesco.at | All-Suite Resorts Österreich GmbH www.all-suite.com

Interest rates to fall from 4,5 to 2,15%

The ECB is expected to cut interest rates between June 2024 and Spring 2025 from 4,5 to 2,15%.

The intrest rates cuts are expected because inflation rates in the Euro area are currently moving towards the target of 2%.

Source article  https://immo-timeline.at/a/institute-ezb-wird-einlagenzins-bis-fruehjahr-2025-wohl-halbieren

Buy now before property prices rise in 2025

This is a good time to buy an Austrian property before property prices are expected to rise next year in 2025.

The Austrian Chamber of Commerie (WKÖ) predicts that prices will have to rise as there will be a shortage of supply.

Here is a link to the original article https://immo-timeline.at/a/keine-entspannung-an-der-preisfront-fuer-frei-finanzierte-neubauwohnungen

And below you can read an English translation.

Keine Entspannung an der Preisfront für frei finanzierte Neubauwohnungen _ ImmoFokus Timeline en

14 Oct 23 Rising hotel rates and falling inflation: good news for apartment owners 

According to Hotel Monitor 2024 Powered by Amex GBT Consulting, hotel room rates in Europe are projected to increase by double-digit percentages in 2024 providing a welcome boost for serviced apartment owners.

The report forecasts specific rate increases in key European destinations:

  • Munich +7.2%
  • Amsterdam +10.8%
  • Brussels +6.2%
  • Dublin +10.0%
  • London +9.1%

Real estate traditionally acts as a hedge during periods of high inflation as the real estate asset holds its value and rental income can be indexed with inflation.

As costs rise for hotels or serviced apartments, the operator passes on the costs to paying tourists in the form of higher overnight rates creating an inflation-proof model.

Another important factor in the higher prices is the surge in post-pandemic travel thanks to pent-up demand.  According to Tirol Werbung, in the months from May to the end of September, guest arrivals in Tyrol increased by 5.9 percent to 5.7 million, and overnight stays increased by 1.6 percent to 20.5 million.

This coupled with the imbalance between supply and demand for hotel rooms (developers have not been building enough rooms in the last two years) is pushing up the prices on a global scale.

Keith Barr, CEO of IHG Hotels and Resorts, offers his perspective: “We had robust supply growth over an extended period of time, which did keep rates down. It’s just going to support pricing being where it should have been over time, which is great for this industry.”

In Austria, we are also achieving higher rates on our 2024 bookings.

A professional serviced apartment operator like All-Suite Resorts https://www.all-suite.com/ uses yield marketing software by https://hotelpartner-ym.com/ to adjust its overnight rates every 4 minutes to get the highest yield for apartment owners.

As an example, All-Suite Resorts monitors market data and keeps overnight prices high for key Winter season weeks in the knowledge that supply for rooms in a given location will start to fall and prices rise accordingly.

In other words, they achieve a higher price by not selling out too quickly.

Meanwhile, inflation in the Eurozone after peaking at 10.6% has been on the decline over the past year.

In Germany, the annual inflation rate plunged to 4.3% in September from 6.4% in August.

“This likely is the beginning of an accelerated decline” in eurozone inflation, said Claus Vistesen, the chief Eurozone economist at Pantheon Macroeconomics.

So, in summary, it’s a good time to invest in Tirol thanks to falling inflation and rising overnight prices – plus the shortage of hotel rooms thanks to low levels of development in the last 48 months.

Here some other important benefits to consider:

  • Before the pandemic, serviced apartments were the fastest growing accommodation category in Austria with an 18% increase in bookings in Winter 2018 (source: Urlaub in Ferienwohnungen boomt https://tirol.orf.at/news/stories/2904521/)
  • Serviced apartments outperformed hotels during a pandemic thanks to well-spaced, self-contained apartments where tourists can arrive in their own car, have the flexibility to cook and avoid communal areas
  • Tirol is one the least densely populated areas in Europe with 59 people per square kilometre versus Germany 232, Netherlands 521, England (UK) 424, Belgium 376, Czech Republic 135
  • The Summer tourism business is growing fast even in high altitude resorts
  • Tourists are lowering their CO2 footprint and choosing closer destinations
  • For the apartment owner, there is capital growth in the mid-term
  • WFH: more families are spending time in the mountains and skiing when the weather is perfect and working back in the apartment when necessary
  • Lifestyle investment: owners can earn up to 4% per annum but also have healthy holidays with family and friends.

Please Contact us today to find out more about our inflation-proof property investments.

The Telegraph: “Why we should all be more Austrian about autumn”.

In the Tyrol, September is about embracing the last of the long days and drinking good wine

Autumn might be fast approaching, but that doesn’t mean it’s time to batten down the hatches and head indoors just yet – particularly not if you opt for a short break in Austria, where at this time of year everyone is up in the mountains hiking, mountain biking and, of course, foraging.

And there are myriad reasons to do just that. Austria does autumn colour extremely well (it’s not all pine forests in the Alps), and there are nuts, berries, herbs and, most prized of all at this time of year, mushrooms.

PDF 230919 Why Tyrol is the best Austrian state to visit this autumn

Tyrol in Austria is home to stunning natural landscapes that are well worth a visit, particularly in autumn CREDIT: Alamy Stock Photo

https://www.telegraph.co.uk/travel/destinations/europe/austria/why-tyrol-is-the-best-austrian-state-to-visit-this-autumn/

Easter site visits in Austrian Alps

Lots of snow will be falling in the Austrian Alps in the next 10 days so if you are skiing then why not get in contact to see some of our projects and completed apartments?

If you are a non-EU citizen then we can still help you to buy and get finance.  Here is a summary of our properties:

SKI-IN & OUT LOCATIONS

Kühtai: Austria’s highest ski village (2,020m). Prices start at 248,000EUR + 3% buyers’ fees for a studio apartment with stunning South-facing views. These apartments have been completed. Projected immediate return between 3.6% and 4.1%.

Kirchberg / Kitzbühel: ski-in is often possible within 150m of apartments. 2 top restaurants operated by Simon Taxacher, one of the best chefs in Austria. Prices from 329.000€.  Attractive return prospects: 3.7% to 4.9% (from the 3rd year of operation).

Hinterstoder: prices from €376.784. Non-EU nationals can buy as a natural person here.  Approximately 4% total capital return per annum rising to 7,5% over 20 years due to revenue based return model.

OTHER COMPLETED APARTMENTS

Galtür / Ischgl: 4 apartments left (two 2-bed and two 3-bed).  Average 4% return over 10 years.  Click for an example of a 3D tour

St Anton: 3 resale apartments from 799,000 with the option to handle the rental business yourself.

Ötztal: 1 apartment for resale for 559,000EUR (apartment and storage in basement) + 30,000EUR for 1 underground parking space Net. Buyer fees 3% of the gross sales price.

Off-market hotels: we have a growing portfolio of hotels which are for resale ranging in price from 1m to 20m. All enquiries are handled very discreetly.

COMING SOON

If you are interested in Seefeld / Leutasch and Berwang then contact us and we can share some information on apartments in these locations.

Helene Atterbury – Property Consultant +43 676 962 7712

[email protected] 

20 December: site visits of our apartments this Winter

If you are travelling to Tirol this Winter season, then please get in contact so we can arrange a site visit of our finished apartments or future project locations.

Site visits are normally easier to arrange between 1000 and 1600 when apartments are being cleaned for new guests.

Otherwise, we can usually arrange access to the apartments during the week when the guests are skiing between 1000 and 1200 or 1400 and 1600.

Property for sale in Fieberbrunn – 4 unsold, completed apartments and we are offering a 3% fixed return in first year.

Property for sale in Ischgl – 5 unsold, completed apartments.  Spectacular views.   Outdoor panorama pool, spa and restaurant onsite.

Property for sale in St Anton – 2 completed apartments for resale.  Award-winning ski-out apartments.   Some of the best views in the valley.

Property for sale in Zell am See – 1 completed apartment for resale. In the centre of Zell am See. 150 metres to the City Express gondola.

Ötztal – 1 apartment for resale. Dual season apartments with 2 swimming pools. 100 metres to the ski lift.   25 minutes from Innsbruck airport.

We look forward to hearing from you over the Holidays!