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The 2024/25 Ski Season: Perfect Conditions Await in Austria’s Top Resorts

December 6, 2024 By admin

Winter has arrived, and the 2024/25 ski season is in full swing! Austria’s renowned ski resorts are ready to welcome winter sports enthusiasts with their majestic peaks, pristine glaciers, and world-class slopes. Whether you’re a beginner or a seasoned skier, Austria offers something for everyone. Here’s a comprehensive look at the latest opening dates, snow conditions, and mountain highlights at the country’s top ski destinations.

Sölden: An Early Start to Winter Magic

Sölden kicked off its season on 14th of November, continuing its tradition of starting early. Glacier skiing has been available since mid-October, with the Alpine Ski World Cup Opening on 26th / 27th of October marking the season’s grand debut.

Nestled at altitudes of 3,000 meters, the Rettenbach and Tiefenbach glaciers boast snow depths of up to 1 meter, providing exceptional conditions. With its two glaciers, Sölden guarantees snow reliability and stunning vistas. Peaks like the Gaislachkogel (3,058 meters) set a breathtaking stage for skiing adventures. Modern lifts, expansive ski areas, and unforgettable views make this resort a top choice. The season extends until 4th of May 2025.

Obergurgl-Hochgurgl: The Diamond of the Alps

At elevations reaching 3,080 meters, Obergurgl-Hochgurgl is among Austria’s highest and most snow-secure ski resorts. The season began on 16th of November, with current snow depths of 50 cm in the valley and over 1 meter on the upper slopes.

The Wurmkogl summit (3,082 meters) offers panoramic views and serves as a favorite photo spot. With serene slopes and fewer crowds, it’s perfect for those seeking a peaceful skiing experience. The lifts are scheduled to operate until late April 2025.

Hochoetz: A Family-Friendly Haven

Located in the idyllic Ötztal Valley, Hochoetz opened its slopes on 30th of November 2024. The resort, with elevations of up to 2,200 meters, features snow depths ranging from 30 to 50 cm, making it ideal for families and beginners.

The gentle terrain ensures a safe and enjoyable experience for children, while cozy alpine lodges provide the perfect spot to relax after a day on the slopes. The season runs until the end of March 2025, making it an ideal winter escape.

Kühtai: Austria’s Highest Ski Resort

As Austria’s highest ski resort at 2,020 meters, Kühtai delivers outstanding snow reliability. Opening on 29th of November 2024, the resort already boasts snow depths of 60 cm in the valley and up to 90 cm on the slopes.

Known for its tranquil atmosphere and breathtaking views of the Tyrolean Alps, Kühtai is a favorite among both thrill-seekers and those looking for relaxation. The lifts are set to operate until 5th of May 2025.

Fieberbrunn: A Freerider’s Paradise

Part of the expansive Skicircus Saalbach-Hinterglemm Leogang Fieberbrunn, this resort began operations on 1st of December 2024. With peaks reaching 2,096 meters, Fieberbrunn is renowned for its off-piste terrain and deep powder, making it a hotspot for freeriders.

Offering a mix of slopes for all levels, the resort’s modern snowmaking system ensures excellent conditions. With its diverse layout and space, it caters to families and advanced skiers alike. The season wraps up on 13th of April 2025.

St. Anton am Arlberg: A Timeless Alpine Icon

St. Anton, the jewel of the Arlberg region, officially opened its season on 4th of December 2024. Known for its challenging terrain, it’s a favorite among experienced skiers. Current snow depths reach up to 80 cm in the higher regions.

Panoramic views from the Valluga summit (2,809 meters) and a variety of slopes make St. Anton an unforgettable destination. The lifts operate until 26th of April 2025, offering ample time to explore its vast terrain.

Ischgl: Snow Meets Entertainment

Ischgl launched its season on 23rd of November 2024, with the iconic *Top of the Mountain* concert. With elevations of up to 2,872 meters and snow depths reaching 1 meter, conditions are pristine.

Linked to the Swiss resort of Samnaun, Ischgl provides a vast skiing area with exceptional variety. Renowned for its après-ski scene and vibrant atmosphere, it’s a top pick for adventure and entertainment lovers alike. Lifts remain open until 1st of May 2025.

Saalbach-Hinterglemm: A Modern Family Favourite

Saalbach-Hinterglemm began its season on 30th of November, offering excellent conditions thanks to state-of-the-art snowmaking systems. The resort features diverse runs and peaks like the Schattberg (2,097 meters).

Ideal for families, Saalbach-Hinterglemm also caters to advanced skiers with its challenging terrain. Numerous cozy mountain huts and après-ski spots ensure a complete alpine experience. The season concludes on 13th of April 2025.

Plan Your Ski Adventure Today

Whether you’re seeking tranquil family-friendly slopes, thrilling freeride terrain, or vibrant après-ski scenes, Austria’s ski resorts offer it all this winter. With breathtaking landscapes and exceptional snow conditions, the 2024/25 ski season promises unforgettable memories. Start planning your perfect winter getaway now!

Filed Under: Austrian Property, Cross-country skiing, Fieberbrunn, Galtür, Ischgl, Kirchberg, Kühtai, Leutasch, Oetz, Saalbach, Seefeld, Sölden, St Anton, Zell am See

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

August 12, 2024 By admin

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.

Filed Under: Austrian Property, Fieberbrunn, Galtür, Ischgl, Kirchberg, Kühtai, Leutasch, Oetz, Saalbach, Seefeld, Sölden, St Anton, Summer, Zell am See

More tourists booked apartments in Tirol between November and March

April 29, 2024 By admin

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

Filed Under: All Suite Resorts, Austrian Property, Cross-country skiing, Development News, Fieberbrunn, Galtür, Ischgl, Kirchberg, Kühtai, Leutasch, Oetz, Rental & management, Saalbach, Seefeld, Sölden, St Anton, Summer, Zell am See

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

March 28, 2024 By admin

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

Filed Under: All Suite Resorts, Austrian Property, Fieberbrunn, Galtür, Ischgl, Kirchberg, Kühtai, Leutasch, Oetz, Rental & management, Saalbach, Seefeld, Sölden, St Anton

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

October 12, 2023 By admin

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.

Filed Under: All Suite Resorts, Austrian Property, Development News, Fieberbrunn, Galtür, Ischgl, Kühtai, Leutasch, Oetz, Rental & management, Saalbach, Seefeld, Sölden, St Anton, Summer

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

September 21, 2023 By admin

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

March 22, 2023 By admin

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

December 20, 2022 By admin

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!

Filed Under: All Suite Resorts, Austrian Property, Development News, Fieberbrunn, Galtür, Ischgl, Leutasch, Rental & management, Seefeld

Demand for holiday hotels in Alps unbroken

September 16, 2022 By admin

English summary of an article on the hotel and serviced apartments buiness in Austria.

https://www.tourismuspresse.at/presseaussendung/TPT_20220913_TPT0001/investoren-setzen-weiter-auf-berghotels

Vienna (OTS) – The demand for holiday hotels in the Alps is unbroken (Die Nachfrage nach Ferienhotels in den Alpen ist ungebrochen)

Many conversion and new construction projects are in the pipeline. At the same time, the industry is confronted with new challenges.

Despite difficult conditions (energy crisis, corona) and other adversities (high construction costs, rising interest rates), domestic hoteliers and hotel developers remain optimistic for 2023.

New concepts and developments are being planned and implemented. Project developers expect only modest growth for urban areas, which is why they are increasingly looking for favourable opportunities in the Alps.

Experts from the Prodinger company, who look after around 500 hotel businesses in the areas of tax advice, tourism advice and business advice, can confirm that the holiday hotel industry is doing relatively well despite the difficult starting position before the 2022/23 winter season.

However, businesses in top locations that are suitable for new developments are few and far between in the leading holiday regions. Building permits and ongoing changes make new construction projects difficult. The space efficiency suffers from high construction costs and a lack of employees. Another challenge is the fact that financing and subsidies will be based on real estate efficiency in the future. There will be a change in restaurants and food concepts in the holiday hotel industry. The good old 4-course half-board has an expiry date. This makes new restaurants necessary.

In many classic holiday hotels, people are considering reducing the service and switching to serviced apartments.

Investment and capital intensive

A twenty-year comparison shows that hotels made large investments by the end of 2020. Operating performance (GOP) lagged over the same period. The new buildings and conversions, which continued during the Corona period, can be explained on the one hand by the investment bonus and on the other hand by the long project lead time.

Hotel revitalization

A trend that is likely to intensify next year is the revitalization and reorientation of existing properties in the holiday hotel industry.

A good example of one of these concepts is the TRIFORÊT alpin.resort in Hinterstoder, which will open on December 1, 2023 and will be managed by the hotel operator arcona Hotels & Resorts. It is based on a 365-day concept.

The old stock comes from the Berghotel Hinterstoder from the 1960s.

Due to an investment backlog, this had reached the end of its product life cycle, so that a complete revitalization became unavoidable.

“Use instead of possession”

There will be further exciting project developments in 2023 under the motto ” use instead of ownership “. The well-known problem of leisure and second home ownership is leading to a boom in the temporary use of alpine real estate. ” The hospitality sector will play a bigger role here, “ says Thomas Reisenzahn, MD of the Prodinger consulting group.

New forms such as “Best Ager Hotels” for the young at heart in the third phase of life are also taking hold in holiday regions. New forms associated with investment opportunities.

Alternative forms of accommodation such as tiny houses, glamping, tree houses or chalets will continue to gain in importance in 2023 and expand the tourist offer in holiday regions.

Filed Under: All Suite Resorts, Austrian Property, Development News, Fieberbrunn, Galtür, Ischgl, Leutasch, Rental & management, Seefeld, Summer

Jan 22: high demand for serviced apartments

January 19, 2022 By admin

Some recent articles from Gewinn and the Tiroler Tagezeitung on the Austrian property market in general, and news on the “Serviced Apartment” sector in Tirol specifically (to be clear, these are dual-season, buy-to-let, ski apartments which are rented to tourists throughout the year).

Skiurlaub mit Rendite Dezember 2022

Summary overview:

We are experiencing high demand from EU buyers, especially from the German-speaking and Benelux countries;

Austrians have become aware of the great opportunities to invest in their country’s tourism sector;

Thanks to strategic planning laws and restrictions on development, pent up demand for ski apartments is outweighing supply which in turn is supporting the current trend in strong capital growth – average house prices rose 12.9% year-on-year across Austria in 2021;

Experienced investors are seeking second and third properties in the Alps during the current inflation surge;

Real estate traditionally acts as a hedge during periods of high inflation, as the real asset holds its value, and rental income is indexed with inflation;

When rented out fully to the tourism market, our self-catering ski apartments can deliver an average 4% annual return over 10 years on rental performance alone and the general view is that this is the last Winter of disruption as major skiing markets in Europe exit the pandemic.

Kristall Spaces is currently offering 4 completed apartments in Fieberbrunn and 14 apartments in Ischgl which will be completed in October 2022.

Further projects will be announced in Q2 2022.

Filed Under: All Suite Resorts, Austrian Property, Fieberbrunn, Galtür, Ischgl, Rental & management