Kristall Spaces sponsors the Special Olympics World Winter Games 2017

Kristall Spaces is proud to announce that we are now an official sponsor of the Special Olympics World Winter Games, to be held in March 2017 in Austria, joining brands such as Audi, Coca-Cola and Microsoft. We’re very excited to have the chance to contribute to a world-class event promoting the combination of winter sports, social responsibility and of course Austria.

Kristall Spaces sponsor - Special Olympics

The Special Olympics

Special Olympics International (SO) was founded in 1968 by Eunice Kennedy Shriver, sister of the late President Kennedy, to open up sports competition at the highest level to people with intellectual disabilities. The first summer games in that year were followed by winter games in 1977, and the Special Olympics International was recognised by the International Olympic Committee in 1988 as part of the Olympics movement.

It’s continued to grow, and is now a truly worldwide movement. We at Kristall Spaces thoroughly applaud the opportunities it offers to often-marginalised people in all sports, although of course our particular passion is for winter sports.

The 2017 World Winter Games in Austria

It’s not surprising that Austria is a favourite host for the World Winter Games. Besides having world-class Alpine ski facilities and a comprehensive winter sports infrastructure, it’s one of the few countries where top skiers, skaters and snowboarders receive the kind of adulation normally reserved for footballers.

The Games, running from 14th – 25th March 2017, will be based in Graz, Schladming, Ramsau and Schladming-Rohrmoos, with 3,000 athletes from 110 countries taking part. They’ll incorporate all the iconic elements of the Olympics, including the torch and spectacular opening and closing ceremonies, at Schladming and Graz respectively. In between, the athletes will be competing in eight disciplines, including Alpine skiing, Nordic skiing and snowboarding.

Before then, the Pre-Games 2016 will run from 10th – 15th January 2016 at Schladming, Ramsau and other venues. Though effectively a dress-rehearsal for the World Games, this is a significant event in its own right, with winter sports specialists from all over Austria and beyond competing. Featuring most of the events in the main games, the Pre-Games will be contested by 1,000 athletes, including delegations from countries like Qatar and Jordan that aren’t traditionally associated with winter sports.

The Wider Impact of the Games

The impact of the Special Olympics goes beyond the events, though. A schools programme, throughout Austria and beyond, has the aim of raising awareness of the potential of intellectually disabled athletes and developing inclusive sports in schools. SO also runs the Healthy Athletes programme, not only offering advanced healthcare for participants in the games, but also undertaking research and education on the special medical needs of people with intellectual disabilities.

Kirstall Spaces sponsor logo - Special Olympics

And, of course, Kristall Spaces will be joining other international sponsors of the Special Olympics World Winter Games in spreading the word about the event and the movement worldwide. We’d love to see you at Schladming on 14th March 2017 for the opening ceremony.

Perfect time to own and rent ski property in Austria

Official figures released by the Tirolean tourism office reported increased visitor stays in Tirol for the period November 2014 through end April 2015.

During this winter period, total arrivals (or guests) coming to Tirol totalled 5.6 million guests which is 4% increase year on year and these 5.6 million guests contributed 25.9 million overnight stays which is also up 2.1% year on year. Source: Tirol Werbung

Property for sale in Austria - visitor numbers

A key factor was the increased number of German visitors to the region. Whilst the German numbers increased by only 4.4%, this country provides half of all the tourist visits from all nations.

At the same time, guests from the Netherlands, Switzerland and the UK all contributed to the growth in numbers and this is corroborated by Kristall Spaces’ own data when conferring with the operators of our previous and current developments: all apartment owners and their operating companies are seeing healthy rental returns.

Interestingly, Chinese visitors delivered a 55% growth year on year when it comes to total numbers of guests.

As predicted, Russian numbers have suffered and the statistics point to a 35% decrease in both guests and overnight stays.

Other nations posting increased visits were the Belgium, Italy, Czech Republic and Poland – Italy by as much as 10%.

What type of accommodation are they choosing increasingly?

Rented apartments – like the ones Kristall Spaces builds for ownership with a flexible rental and management model.

Another good reason to invest in Austrian property today.

Luxury apartments for sale in Oetz

Kristall Spaces will soon be announcing the sales and marketing phase of an exciting luxury apartment resort in Ötz, a bi-seasonal tourist destination in the Ötztal valley just 20 minutes from Innsbruck.

Highlights:

  • 45 one, two and three-bedroom luxury apartments
  • 500m² spa in sunny location
  • 100 metres from Acherkogelbahn (a new 8-man gondola ski lift)
  • Underground parking
  • Restaurant and bar
  • Managed by a renowned global, international operator
  • 2 rental models: flexi and fixed with guaranteed returns up to 5%
  • Construction begins in 2016 to be finished in 2017

Ötz is a dual-season tourist resort with approximately 400,000 overnight stays per annum.

The town has long been associated with winter and summer alpine sports and has a unique atmosphere that blends tourism, breath-taking nature and its own rich heritage, including museums and galleries.

It is the quintessential Tirolean setting.  Its late Gothic parish church is surrounded by some of Tirol’s finest scenery including the Piburger See (one of the most beautiful locations in Austria to picnic and swim), the Auer Klamm gorge and some of the highest waterfalls in Austria.

Apartments for sale in Oetz - Kristall Spaces
Oetz has one of the strongest summer seasons in Tirol.

It sits on the banks above the Ötztaler Ache river which runs all down the valley from Obergurgl and Sölden which boast some of Austria’s highest peaks including the Wildspitze 3,770m and two glacier skiing areas.  Once the snow retreats, there is even a high mountain pass that offers trips from Obergurgl over into the Passeier Valley and Merano in the province of Südtirol, Italy.

With so many summer and winter activities on offer plus its excellent transport connections (its own train station), Oetz represents a wonderful lifestyle investment as a rental property with free owner usage.

In winter, it offers many skiing possibilities: either walk 100 metres from your apartment to the new 8-seater gondola lift connecting to Hochoetz (30km of pistes, 11 lifts including 2 gondolas) or take a short bus ride up to Kühtai (41km pistes), Austria’s highest skiing village at 2,020 m.

Apartments for sale Oetz - Kristall Spaces
The Acherkogelbahn starts 100m from the apartments.

Or even try out some glacier skiing on the Rettenbach and Tiefenbachferner glaciers in Sölden.  Out of all these destinations, you can be sure to find top quality skiing and boarding conditions.

Then in summer, you will be awe-struck by the range and quality of activities that are available from rafting, canyoning, glacier safaris and high rope courses to mountainbiking, archery, climbing or simple relaxing and some of the finest wellness facilities in the world.

There are many options to participate in professionally guided and instructed classes and groups.  Many visitors are glowing in their references and testimonials about how well run these activities are run and how charming their Austrian hosts are.

If you’re looking for completely unrestrained excitement then take a look at Area 47 www.area47.at/en best described as where nature and the high-tech combine to produce an extraordinary experience for all.

Luxury apartments for sale in Oetz
The apartments are a 3-minute walk to the new 8-man Acherkogelbahn.
If you would like to know more about owning a luxury apartment in Oetz just 100 metres from the ski lift, then please Contact us today.

First impressions of Kühtai

The drive up to Kühtai reminded me of Maine in the States: snowy roads and a small river running by the roadside; but it was the sense of being in the wilderness that really fires the imagination. I expected a moose to run across the road at any moment and yet we were only 10 minutes from the Oetztal Bahnhof. No wonder those Habsburgs liked the hunting round here so much.

My host for the day was a Kühtai connoisseur (a Chemistry teacher from Innsbruck who was born on skis in Sölden and thanks to his Tirol ski pass can pick any of the top resorts for a day’s skiing when he fancies). He and his pals favour Kühtai because “the snow is the best” as soon as you come off the very first lift (no uphill trek needed to find quality pistes); the atmosphere is never showy and for the abiding fact that your personal space is never invaded. I distinctly recall following him down from the top of the Dreiseenbahn to the foot of the Gaiskogelift and not once did I adjust my line or speed to avoid other skiers. “So, it’s true what they say: it really does feel like being in your own private ski resort,” I thought to myself.

The snow was excellent too. We only started skiing at 2:00pm but it was still cold and smooth as we flew down the pistes. No slush or sudden moguls here or those annoying piles of snow where skiers have scraped all the loose snow into a mini snow drift leaving a sheet of ice as a run-up. In fact, the piste is so consistent that you will see various ski teams (US and Austrian) training by the side of the slope.

And hardly any snowboarders sat around in groups philosophising over Jägermeister and Limp Biscuit. They’re all in the K-Park: supposedly Austria’s biggest half pipe with a series of big air kickers and gnarly looking bits of metal sticking out for them to slide over or do whatever they do. I quite fancied one of enormous kickers – maybe I would pluck up the courage to have a go later in the day.

kuhtai jumps

We skied down into the snow bowl in which the resort is positioned surrounded by white peaks which mostly lead to nowhere. We had been skiing on the North facing slopes and so ventured across to the South side where the night skiing had been the night before. No queues anywhere by the way as I reminded myself that this was a Thursday afternoon in March, so still high season.

It was like being in our own ski resort: there were even fewer people on this side! The runs down from the Hochalterbahn were pretty much ours. And the views were spectacular as we chatted over a Weizenbeer looking back down into Kühtai.  I was now talking up trying one of those kickers: the ones were you have to be traveling at over 60kms to get enough speed to make it over the 6-metre lip between the end of the ramp and the landing so steep it looks like the start of a speed skiing course. The science teacher explained these facts. Also, that I was 43, not wearing a helmet and he didn’t fancy hanging out in Innsbruck hospital.

So, overall impressions were very, very good. I have skied in countless, medium sized resorts and I was trying to compare Kühtai but it’s unique. There is a lot skiing of here and the runs are really smooth and nicely pisted. No grim moguls waiting round the corner – just wide motorways. I loved the fact that I felt like I had the piste to myself and there is definitely a different tempo here compared to the bigger, more famous resorts. It’s more relaxed and yet it’s only 35 minutes from Innsbruck and that’s a major attraction if you are looking for an Austrian property: quick access to the airport means you can land and be on the slopes the same day like I did.  It’s also close to the hospital if you get carried away in the K-Park.

22% more Brits looking for property for sale in Austria (year on year)

Kristall Spaces’ data points to a significant rise in interest among UK buyers looking to buy property for sale in Austria, driven by Euro’s continual slide against the Pound.

The Pound is at a 7-year high and buying an Austrian property now for around €400,000 saves UK buyers circa £20,000, compared with January 2014.

Austria’s gain is neighbouring Switzerland’s loss meanwhile: online customer searches for Swiss property has dropped 15% according to Kristall Spaces research thanks mainly to Switzerland’s decision to unpeg its currency from the Euro.

A UK buyer wanting to acquire an apartment or chalet in Switzerland is going to get 13% less for their money now than they would have at the beginning of the year.

Liz Cass of Kristall Spaces says, “Our marketing experts analyse and compare data from different sources including Google’s real time search tools and we are seeing a healthy upsurge in online customer behaviour in the UK which mirrors the reaction to events in Europe such as quantitative easing to rescue flagging European economies.

property for sale in austria - Liz Cass - Kristall Spaces

“We’re also hearing from one or two savvy UK buyers wanting to secure an apartment at current rates with the uncertainty of an election coming closer. On the whole, they know they are getting a better return than buying in France or Switzerland and they particularly like the Austrian way of doing things.

“Our properties are typically managed by the original families who have been welcoming skiers to the area for generations. They really do understand the personal touch when it comes to service and looking after guests. You don’t always get that in ski resorts in other countries and for this reason customers like to come back to Austria time and again.”

Please contact Liz  today to find out about the different developments we are building in 2015 and selling directly to buyers without any sales agent fees.

Swiss Franc good for business in the Austrian Alps

The Central Bank of Switzerland recently ended its 3-year plan to cap exchange rate gains of the Swiss Franc versus the Euro resulting in an almost instant switch of customer demand from Swiss property and Swiss ski resorts in favour of Austrian destinations, for both Austrian property buyers and holidaymakers.

In the run-up to 15 January 2015, the SNB had pegged the Swiss currency to adhere to patterns in Euro behaviour but after several falls in the Euro, the Bank lifted the enforced exchange rate and allowed investors to pile in sending the currency up by as much as 30%.

The move has created a sizeable impact on the Swiss ski industry and overseas ski property investors looking for their dream alpine ski property.

Many buyers have been put off by the dramatic rise in property prices and are finding much better deals in markets like Austria which has always offered better value for money than the French or Swiss Alp resorts (grounds costs are lower and rental yields higher).

Moreover, the traditional Austrian atmosphere is another factor cited even by French and Swiss visitors to Austria thanks to many of the original local families still running their hotels and Gasthofs offering a level of personal service and hospitality seldom found in other European resorts.

Kristall-Spaces-Galtur-Silva-Peak-Residences-West-view-3-Feb-2015

Snowy view in Galtür today – the Türtschers will manage the Silva Peak Residences on behalf of owners.

A few other reasons for UK customers to choose Austria over France:

  • 73% of Austrians speak English versus 39% of French;
  • Average restaurant price in Austria – 40€ versus 50€ in France;
  • The average price of a beer in Austria – 4€ versus 8€ in France;
  • 1 minute of mobile phone usage costs 0.07€ in Austria versus 0.24€ in France.

2020 Kühtai Apartments Now Available to Investors

Venture Plus AG and Kristall Spaces are proud to announce a stunning new build of holiday apartments in Kühtai, Austria’s highest ski resort. This is a unique opportunity to invest in ski property in one of the most snow-sure resorts in Austria.

Kristall-Spaces-Kuhtai-2020

Austria’s highest resort

At 2020 metres above sea-level, Kühtai nestles among the peaks and mountain lakes above the Ötztal valley — yet it’s only 35 minutes from Innsbruck airport. With snow on the higher pistes for most of the year, the resort has invested heavily in tourism, including a planned installation of a 100MB WiFi system, and it was voted by ADAC as Europe’s best value for money ski destination, as well as winning the SkipassIndex for 2013/2014.

2020 Apartments

The new 2020 apartments (named after Kühtai’s altitude) are being designed by one of Austria’s leading architects, with construction due to start in April. Designed for the luxury market, they’ll be ski-in, ski-out properties located centrally in Kühtai, with current prices ranging from €286,000 for a two-bedroom ground floor unit to €641,500 for a large, three-bedroom penthouse apartment.

All the apartments will be luxuriously fitted out, with traditional furnishings and underfloor heating beneath the Swiss parquet floors. Kitchen and bathroom fittings will be by designers such as Hans Grohe, Miele and Siematic, while they’ll be completely up to date with smart TVs and wireless LAN. Triple-glazed, floor-to-ceiling windows will allow you a perfect vista of Kühtai’s breath-taking scenery.

A unique investment opportunity

It isn’t often that this kind of opportunity becomes available in one of Austria’s top resorts. The authorities keep very strict control over holiday homes, and Venture Plus AG and Kristall Spaces have carefully acquired permission for a new build in such a premier location.

Kühtai’s winter sports season starts earlier than most other resorts and lasts a long way into the year.  There’s no shortage of snow at 2020 metres!  Whilst the summer offers visitors the chance to enjoy the breathtaking Alpine scenery with a range of activities suited to all ages, so there’s demand for holiday apartments all year round. Kristall Spaces will not only manage the apartments, but also arrange rentals through renowned tour operators.

With VAT rebates available on the properties and strong annual capital growth rates, they not only guarantee a good return on investment through rentals, but are also almost certain to appreciate in value.

You can reserve an apartment by putting down a deposit, but several have been sold already, and the rest are likely to follow quickly. Check out the details for a wonderful investment opportunity!  Download Brochure.

Your Chance to Invest in Premium Austrian Ski Property

The Austrian authorities are careful about granting permits to build ski property in their top resorts, and demand is high when there is an opportunity. But Kristall Spaces has achieved a rare coup by obtaining permits to build in several resorts, including Saalbach, Galtür/Ischgl and Kühtai.

New luxury apartments

These two and three bedroom luxury apartments are brand-new builds, and Kristall Spaces is offering them as excellent chances for investment, since the scarcity caused by planning restrictions ensures that capital growth is high. Our new units are always heavily subscribed even before we start building, and it’s unheard of for any to remain to be sold by the time the project is complete. There are few better investments — with the current exchange rate, even holding sterling is less attractive to UK investors.

Top properties in top Austrian resorts

The resorts earmarked for the new developments are among the most attractive in Austria, chosen for guaranteed long winter sports seasons, together with wonderful golf courses and great opportunities for walking and alpine sports in summer. We offer properties that are central with private parking, and many with ski-in, ski-out locations.

  • Kühtai — only 35 minutes from Innsbruck airport, we offer ski-in, ski-out apartments in this beautiful, high-altitude resort.
  • Galtür — quite apart from the family-friendly skiing in a beautiful, tranquil setting, it’s only 10 minutes on a free bus to the more glamorous Ischgl, from where you can ski over the border into Switzerland.
  • Saalbach — just an hour from Salzburg airport, our properties in Saalbach offer ski-in, ski-out in winter and excellent golf courses in summer, guaranteeing a 5-year rental return of 5%.

A great investment

Our properties in these resorts are built, designed and furnished to exacting standards, each with at least two bedrooms, a large bathroom and a balcony. Kristall Spaces makes all the arrangements through the best tour operators for year-round rental, and the facilities on offer ensure the apartments will be in high demand both summer and winter. And, as if the opportunities weren’t enough, you can even claim a VAT rebate on your property.

Kristall Spaces will soon be announcing new projects in other Austrian resorts. For now, though, you can check out more about our apartments, priced from €280,000 to €334,500, in Kühtai, Galtür/Ischgl and Saalbach.

Winter Arrives Early in Western Austria

romania-cars-burie_1574361iThe west of Austria woke on Thursday 23rd October to find that winter had arrived overnight, with torrential rain in low-lying areas, heavy snow higher up and disruption throughout Salzburg, Tirol, Vorarlberg, Upper Austria and Styria. Although the weather had been forecast, it seemed that few had prepared, and many motorists were caught with summer tyres still on their cars.

Flooding and avalanches

Both Salzburg and Upper Austria were hit by flooding, and the fire departments had their work cut out pumping out cellars, garages and underpasses.According to reports, 200 firefighters were deployed in Bad Ischgl alone, and 260 in Salzburg.

The mountains, of course, were hit by snowfall rather than rain, and many trees were brought down in Salzburg, Tirol and Voralberg, blocking mountain roads and passes and cutting off many communities. Snow was particularly heavy between 800 and 1100 metres, causing risks of avalanches, but it was also falling heavily at a lower level in Voralberg, particularly the Arlberg area, the Bregenz Forest, the Great Walsertal and Kleinwalsertal. Silvretta measured 80 cm of snowfall.

Road and rail chaos

snow1ap_2105069iMain roads were disrupted, too, including the Tauern motorway (A10) and the Faschinastrasse (L88). Quite apart from the snow itself, vehicles trying to get through with summer tyres became stuck, causing further blockages. The approaches to both the Tauern and Katschberg Tunnels were closed all morning before the jams could be cleared.

The railway line over the Arlberg in Tirol was blocked by fallen trees, and 300 metres of overhead lines were brought down between Bludenz and Landeck. The weather also caused power failures in Tirol, with up to 4300 homes without power at one stage.

 

A boost for winter sports

It wasn’t all gloom, though. In Styria, the snowfall brought the perfect start to the winter season in Ramsau am Dachstein and Schladming Planai. Many winter sports enthusiasts, including the Austrian biathlon and cross-country ski teams, took advantage of the thick virgin snow to start their training. By the time the season opened on the Planai on Saturday, a metre had been added to the snow.

Thursday morning was chaos in western Austria, but by the end of the day things were getting back to normal. With the Central Institute for Meteorology and Geodynamics (ZAMG) forecasting more settled weather to follow, Austria can make the transition to winter in a more ordered fashion.

snow8epa_2105054i

 

Austria and France: Which Has the Best Alpine Ski Resorts? Infographic

austria-v-france-how-the-skiing-and-snowboarding-stack-up_541c0ccf44db6_w750

 

So you want a European skiing holiday — which country is the best choice? Switzerland is expensive, while Italy’s winter sports industry is a little less developed than its Alpine neighbours. So we’re left with Austria (especially the Tirol) and France (especially Savoie). How do they compare?

Access from the airports

Starting with how easy it is to get to the resorts and comparing those accessed from Innsbruck and from Geneva, Austria scores an immediate advantage. None of the major Savoie resorts is less than a two-hour journey, with many nearly three hours. By contrast, the furthest from Innsbruck is Kitzbühel at an hour and 15 minutes, while Kühtai is a mere 35 minutes away.

Resort height & length of season

Savoie has the edge on height, with Val Thorens at 2300m the highest in either region, though in Austria Hochgurgl and Kühtai are almost as high. However, the Tirolean resorts generally have longer seasons, with Hintertux open all year round. In fact, skiing is possible at some even out of season. Sölden is officially closed during June, July and August, but the powder snow on the glacier is often good enough for skiing in July. Skiing under blue summer skies can be an amazing experience.

Glaciers & ski lifts

Austria and France each have eight resorts with ski lifts over 3000m. However, in only two of the French resorts (Les Deux Alpes and Tignes) do these take you onto a glacier, while all but one of the Austrian resorts have glaciers.

Snow Parks

The ski slopes aren’t the only draw of Alpine resorts. Visitors wishing to enjoy the fresh air and breathtaking scenery of the mountains have 83 snow parks to choose from in Austria, compared with only 50 in France. The top five voted snow parks in the world are all in North America, but these are followed by Mayrhofen and Nordpark, both in the Tirol, with the top 10 completed by parks in New Zealand, Italy and Switzerland. None of the French snow parks figure at all.

Olympic Sports

Most Winter Olympic sports are available in both countries, though France doesn’t offer either ski-jumping or curling. Austria in general has a far more illustrious history in the Winter Olympics, having won almost twice as many medals as France. Certainly, as far as ski teams are concerned, the Austrians’ main rivalry is with the Swiss — the French team isn’t considered a big threat.

Prices

In general, most things are cheaper in Austria than in France, from mobile phone rates to a Big Mac. This is certainly true for the price of beer, with the far superior Austrian beers, such as Stiegl and Starkenberger, costing half the price. They tend not to give you hangovers, either — as long as you stay off the schnapps.

Add to this that 73% of Austrians speak English, compared with only 39% of French, and it’s clear that, while France scores in one or two respects, Austria offers a far better experience overall. Whether you’re just looking for a the holiday of a lifetime or for ski property for sale in Austria, the Tirolean resorts like Sölden and Kühtai are clearly the best in the Alps.