Galtür Archives - Page 3 of 6 - Property sale Austria

Galtür: recognised health resort thanks to air purity

June 19, 2020 By admin

Even though the last few months were a challenge, the latest developments of the Coronavirus pandemic now show the situation has improved enormously.

Austria is one of those countries with the currently least infections and has been therefore able to loosen its lockdown conditions earlier. Travel into the country has been possible without any further complications since 15 June and so the people working in hospitality are staying positive about the tourism this summer and are hopeful that it’ll mainly go uphill from now on.

We currently have many German, Dutch/Belgian, Swiss and Czech tourists making their bookings for the Summer thanks to the following criteria which make them feel more comfortable with this type of holiday:

Arrive by car
State of the art kitchen in the apartment for self-catering
Fewer staff to make contact with
Greater social distancing
Lots of outdoor activity
Very low infection rates – there are currently 8 reported infections in the whole of Tirol
Floor to ceiling windows that allow the scenery to flood into your living room area.

Meanwhile, the Paznaun tourism office is working on a repositioning strategy for Ischgl that addresses the COVID outbreak and the reputation for too much partying which is long overdue: the focus should be on the quality of the skiing and being outdoors in nature. Galtür is after all an officially recognised health resort thanks to its air purity https://www.galtuer.com/en/Booking/Ecarf

We don’t foresee any negative impact on our rental projections as our serviced apartment business model supports social distancing and we will take bookings from the hotels for the foreseeable future. These serviced apartments were already 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/) but it is likely this trend will continue.

For everyone who wants to keep away from the busier holiday destinations in Austria and is craving a little more peace and a place to slow down: the picturesque climate health resort Galtür at the end of the charming Paznauntal in Tyrol is especially this summer season a recommendable destination.

Just 10 minutes from the renowned Ischgl, the quiet Galtür offers wonderful walks and hiking paths, mountain bike trails, climbing routes, lovely water springs and fresh reviving mountain air. Free from annoying pollen, Galtür has particularly clean air, which has shown positive effects on the human organism and has proven to be the perfect place for people who suffer from allergies. Magnificent landscape impressions, mountain and lake panoramas as well as untouched nature reserves awaken new energy and offer relaxation for body and mind.

Preparations for the start of the summer season in Galtür are in full swing and measures are taken by the local authorities and accommodations to ensure a safe and comfortable holiday.

Keeping certain health guidelines further under control and considering the safety of locals and guests alike, regular cleaning and disinfection of public facilities, both indoors and outdoors, will be guaranteed and special attention paid to the latest social distancing regulations.

All-inclusive Silvretta Card

Upon arrival one can pick up the free, all-inclusive Silvretta card and plan many exciting outdoor activities in the Paznaun valley. Offers at a reasonable price include cable cars and chairlifts, the Silvretta High Alpine Road, public transport, museums as well as indoor and outdoor pools. For children aged 5 -10 there is the Kids Club with a great entertainment program of alpine sports such as climbing, bouldering and hiking. Young people between the ages of 11 and 16 can take part in numerous fun activities in the Youth Club.

Still Waters Run Deep

The crystal clear, idyllic lakes of the Paznaun valley surrounded by mountain meadows or rock formations have something for everyone: No matter if you’re looking for challenging circular hikes (Koppsee-Zenisee & Wiegensee), mountain bike tours, climbing routes or just prefer to do some relaxed fishing, go swimming, cool off or arrange a lovely picnic. Ideal for a nice day trip with family or friends is a walk around the Silvretta reservoir (1,3km²) or a cozy barbecue in the evening at the high mountain lake Stafali pond surrounded by three stone grills. Other idyllic gems that mountain hikers should not miss out on are the Radsee in Galtür and the Wiegensee, a natural monument in the protected high moor landscape with a view of the Silvretta glacier peaks.

Galtür: An Alpine Idyll

Even the writer Ernest Hemingway recognised Galtür’s rustic charm and found inspiration in the beautiful landscape for his literary work between 1925 and 1926. Hemingway, who was extremely passionate about ski tours, enjoyed exploring the Silvretta mountain group whilst staying in Galtür. There, he also worked on his first novel The Sun Also Rises (Fiesta) and many short stories, including the pictorial narrative An Alpine Idyll which immerses the reader into the simple and spartan way of living in the high mountains of Galtür.

Magnificent mountains

The Galtür cable car is now open from 03 July to 27 September 2020 and transports you up the mountain with breathtaking views over the Paznaun region. From 05 July the Birkhahnbahn will take you from Galtür to 2,050m above sea level for a challenging but not too difficult hiking experience. The adventure hike from Ischgl to the Idalp (2320m) including two over 100m long and 70m high suspension bridges (Kitzloch and Bärenfalle) is a fun day out for the whole family and even dogs can be brought along for this one. The Little Ballun is suitable for families with children (from 8 years) and offers a wonderful view of the Silvretta peaks. The difficulty level for that one was marked as easy, however, suitable equipment, previous hiking experience and a basic endurance can be of advantage. The high alpine adventure park Vider Truja by Lake Vidersee really isn’t an ordinary hiking trail.

In a playful way with water mills, climbing frames, a water playground and a water guiding system one can learn more about the versatile element of water. The Vider Truja is a perfect way to spend a day in hot weather and can either be reached via a 7.5 km hiking trail from Ischgl or comfortably with the Silvretta cable car. For all the experienced hikers out there we also recommend the Paznaun Höhenweg which can be completed in a few days and leads over 9 stages, 11,000 meters in altitude and 120km past alpine meadows and mountain lakes. For walking and hiking tours you need good equipment and stable (ideally ankle-high) footwear, sun protection, headgear and rainwear as well as a small energising snack and plenty of water are advisable. It is best to start early in the morning to avoid the midday heat and for very early risers, to admire the stunning sunrise. A good level of fitness is required for most (but especially for moderate-difficult) hiking trails.

On cloud nine

With the SkyFly (03 July -13 September) you fly at 50m from the Silvretta middle station with up to 85km back to the Ischgl village centre. Side by side you can float into the valley on two ropes and share this special experience that boosts the adrenaline.

or those who prefer to stay on the ground we recommend a visit to the unique Alpinarium exhibition museum in Galtür. The clever and practical architecture of the Alpinarium combines the building with the 345m long and 19m high avalanche protection wall. You can visit the permanent exhibition on the history of Galtür and its inhabitants plus other interesting exhibitions, photo galleries and multifaceted seminars. Directly at the Alpinarium you’ll also find Austria’s highest natural stone climbing wall (25m) and the bouldering area in Silvapark has around 160 natural stone boulders with 8 different sectors of all degrees of difficulty. Other exciting leisure and sport activities such as horse riding, rafting, canyoning, or even adrenaline-charged paragliding ensure a unique holiday experience in nature. The Silvrettabahn, Flimjochbahn, Flimsattelbahn, Alp Trider and Sattelbahn run from 03 July to 13 September. Other opening times of the mountain railways in surrounding villages are:

Ischgl: 3 July – 13 September 2020

Paznaun: 26 June – 27 September 2020

See: 26. June – 20 September 2020

Kappl: 3. July – 20 September 2020

Enjoy the wonderful Tyrolean hospitality and look forward to the perfect balance of eventful and relaxing days in the natural paradise of Galtür with clean mountain air.

All-Suite Resort Paznaun

The All-Suite Resort Paznaun consisting of 46 apartments is located in an incredible location with breathtaking mountain views. A spa including a heated 13m long outdoor panoramic pool, a restaurant and bar ensure a comfortable and relaxing stay.

The professional operator All-Suite Resorts will rent and market the apartments for you and thanks to year-round tourism in the Paznaun alpine idyll strong returns can be generated here.

Contact us today so we can register your interest in this project. We would also be happy to send you floor plans, prices and current availability and arrange a phone call to discuss the purchase process as well as financing options for tourism residences in detail.

Filed Under: All Suite Resorts, Galtür, Ischgl, Rental & management, Summer

Austrian border opens from Germany on 15 June

May 15, 2020 By admin

From 15 June, Austrian Federal Chancellor Sebastian Kurz and German Chancellor Angela Merkel have agreed to open the border from Germany to Austria allowing other nationalities to pass more freely through Germany into Austria.

https://www.welt.de/print/die_welt/article207962143/Erste-Grenzen-oeffnen-sich.html

Currently, there are 53 people reported with the virus in Tirol. 3,370 people have recovered and sadly 107 people have died.

Restaurants in Tirol open today (15 May) and hotels open 29 May.

Site visits for Austrian property investors have already begun and we are making appointments for German and Swiss buyers.

Current water temperature in the Piburger See is 20°c https://www.bergfex.at/sommer/oetz/webcams/c17119/

Area 47 opens fully on 26 June; the wakeboard area is already open at the weekends.

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

February: peak profitability in Austria

February 10, 2020 By admin

Winter is here in the Austrian Alps with all resorts receiving a good supply of snow this week – up to 76 cm in some places.

www.bergfex.com/stanton-stchristoph/wetter/berg/

There was already a decent base of snow but the extra top-up is welcome as the ski season starts to peak and the resorts fill up for the February holidays.

Sölden currently has a respectable 102 cm in the valley and 368 cm on the mountain which compares to 420 cm on the mountain in mid-February last year during some of the heaviest snowfalls on record. Fieberbrunn, for example, had 451cm of fresh snow in just 15 days!

So, great conditions in all resorts as we enter the busiest period when overnight rates are at their highest during the Fasching and Winterferien periods with Dutch / Belgian (Krokusvakantie) and UK half-term holidays all taking place in February too.

As tourism numbers continue to grow in Austria after another record season last winter (+3.8% in arrivals), all apartments are fully booked out and a positive impact will be felt for next year’s bookings as many families will be quick to secure their winter holiday in 2021 later this month.

Rental rates for our apartments can be 3 to 4 times higher during these weeks for owners when compared to the cheapest, shoulder weeks in the season.

Please see below a summary on our projects:

All-Suite Resort Ötztal – 14 dual season apartments ready to occupy. 2 swimming pools. 100 metres to the ski lift. Up to 40 cm of snow forecast to fall this week. 3D tours are available for each apartment.

All-Suite Resort Fieberbrunn – Completion December 2020. 16 out of 36 apartments left: 2, 3 and 4 bedroom apartments.

All-Suite Resort Paznaun – 7 minutes on the ski bus from Ischgl. Selling fast. Infinity pool, spa and restaurant onsite. Construction starts Spring 2020 with handover June 2021.

Sölden / Obergurgl – two 3-bedroom apartments available in Haus Christiane from 636,000€. Dual aspect with 3 balconies & view towards the Nederkogl 3,163m. Special zoning: can be used as a second home or rented to tourists.

St. Anton – last apartment available: 2-beds, 80.15m² for €799,000.- (includes 1 underground parking). Here is a 3D tour my.matterport.com/show/?m=2yM3JdqUrW3

All-Suite Resort Leutasch – in the planning phase. 10 minutes from “Olympic” Seefeld.

If you are interested to hear more about our ski properties in Tyrol and/or would like to arrange a site visit and meet with one of our consultants, please do not hesitate to contact us:

AT: +43 676 962 7712

NL: +31 6 48 92 32 43

UK: +44 20 3735 8790

Filed Under: Austrian Property, Development News, Fieberbrunn, Galtür, Ischgl, Oetz, Rental & management, Sölden, St Anton

September 2019 update – all projects

September 26, 2019 By admin

There has been some snow in the Alps. There was half a metre on the glacier in Sölden earlier this month and the long-range forecasts are predicting another cold winter. Will we get 451cm in 15 days like last year in Fieberbrunn? Here is an update on our projects going into the Autumn.

Sölden – we have 2 projects for sale here: one project with 8 apartments left and rare zoning (can be a main or second residence or rental) completion December 2020 AND another project which we will complete end October 2019 – 2 apartments left and if you buy now you could have the keys for December and start to earn from the highest rental income weeks.

Ötztal – ready to occupy. Completed in July 2019. Dual season apartments with 2 swimming pools. 100 metres to the ski lift. Some of the best returns in Austria: the operator forecasts up to 8% return on capital invested when taking out a 60% mortgage or a guaranteed 4% return on net purchase price for first 5 years. 25 minutes from Innsbruck airport. 12 apartments left. Perfect time to become an owner in the run-up to the Winter season.

Fieberbrunn – 40% sold so still a good choice of apartments. 270km of pistes – will soon connect with Zell am See. High capital growth location. The operator forecasts up to 7% return on capital invested when taking out a 60% mortgage or a guaranteed 4% return on net purchase price for first 5 years. Highest snowfall in Tirol. Excellent off-piste skiing. Dual season: 47% of all visitors to Fieberbrunn come in summer (higher rental income). Completion December 2020. Construction resumes October 2019.

Ischgl – we have been taking non-binding reservations but now we will make formal reservations with all the contracts ready for customers to sign. Unique opportunity – no other apartments like these are available in Paznaun. 60% of the price of property in Iscghl centre whilst only 7 minutes on the free ski bus.

Other news:

Tourism numbers continue to grow in Austria after another record season last winter (+3.8% in arrivals)
More UK flights to Austria: Jet2 has announced Innsbruck as a new destination for this winter and added new flights from Birmingham, London Stansted and Manchester as well as additional flights to Salzburg from Birmingham, Leeds Bradford and Stansted during the February half-term
Brexit: there are no changes right now in how a UK citizen buys property in Tirol and even if the UK leaves without a deal on 31 October, it will take months for the laws to change in Austria if UK citizens are required to buy apartments using company
Merging the Pitztal and Sölden glaciers: as we await the final decision of the Umweltverträglichkeitsprüfung (UVP) in January 2020, surely every skier’s heart is beating that bit faster!
New € 60 million Silvretta Spa and swimming pool complex being built in Ischgl https://www.ischgl.com/en/More/Project-Silvretta-spa
Season opening dates:
- Sölden: 6 lifts already open on Rettenbach glacier / Obergurgl opens 14 November
- Ischgl opens 28 November
- Fieberbrunn opens 29 November
- St Anton opens 29 November
- Oetz opens 13 December / Kühtai opens 29 November
Our associate operating company, All-Suite Resorts, has appointed leading international hotel consultancy Linser Hospitality www.linserhospitality.com to work on standards and consistency for all All-Suite Resorts projects, starting with All-Suite Resorts Ötztal.

Contact us today or call on +44 20 3735 8790 to discuss any aspect of buying property in Austria.

Branson Atterbury, Marketing Director

Or why not read our FAQ on buying and owning Austrian property

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

All-Suite Resorts appoints Michelin Star COO

June 10, 2019 By admin

As our associate operator company, All-Suite Resorts Österreich GmbH, prepares to open All-Suite Resort Ötztal on 7 July, we are delighted to announce the appointment of Jürgen Weitzer as the new Chief Operating Officer for All-Suite Resorts Österreich GmbH.

Jürgen has had a distinguished career working for some of the most prestigious names in hospitality including El Bulli, Alain Ducasse and Gordon Ramsay, not to mention earning his very own Michelin Star on two separate occasions https://www.linkedin.com/in/juergen-weitzer-17946642/

Jürgen will oversee operations for All-Suite Resorts in Oetz, Fieberbrunn, Paznaun & Karwendel and develop the new aparthotel concept which in keeping with customer demand is moving away from the traditional Tirolean half-board business model towards a freer and more individual experience that today’s traveller seeks.

This desire to create their own more memorable experiences has resulted in a significant rise in the number of holidaymakers choosing Gewerbliche Ferienwohnungen or professionally managed apartments which is 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/)

Guests rely more on technology: with the opening of Delis, All-Suite Resorts’ new bistro and in-house shop, guests are no longer tied to a faceless half or full board experience and will be able to order breakfast, lunch or dinner in the restaurant, to be delivered to their apartment or by the swimming pool.

And the menus are quite a departure from the traditional fayre found in Tirol with emphasis on a wide choice of lighter and international cuisine … but the old favourites are in there too with some clever variations like the Tiroler Gröstl made with octopus.

The unspoken objective is to become the best restaurant in Oetz and hopefully the Ötztal valley. Download Delis All-Suite Resorts sample menu.

More control and freedom: ingredients including organic fruit and vegetables can also be sourced through the Delis app and delivered to the apartment when guests want to cook in the privacy of their own kitchen / dining room.

“Today’s traveller wants more control and ‘me time’. The new aparthotel proposition pioneered by All-Suite Resorts gives customers more flexibility and breaks from the tradition of the standard hotel model,” said Jürgen Weitzer.

“I am delighted to be part of the story and help roll out these initiatives across the All-Suite Resorts locations: Oetz first and then Fieberbrunn, Paznaun and many other locations to follow. Flexibility and innovation is at the heart of our business,” he added.

About All-Suite Resorts Österreich GmbH:

All-Suite Resorts is a new but highly professional team with vast experience of international hotel operation, sales and marketing and rental management. Their collective background experience spans leading hotel industry consultancies such as www.michaeler-partner.com to international hotel chain operation (e.g Falkensteiner) as well as numerous hotels and restaurants in Tirol.

It is their responsibility to deliver the maximum possible profit for apartment owners through careful occupancy management (i.e. renting to the highest possible number of guests in the most expensive / high demand holiday weeks) whilst ensuring a first-class customer experience.

Expert partners include hotelpartner-ym.com for yield management, Limendo (in-house Bistro / shop app) and Mindpark.at for demand generation.

Filed Under: All Suite Resorts, Fieberbrunn, Galtür, Ischgl, Karwendel, Oetz, Rental & management

Record snowfall in Tyrol

February 14, 2019 By admin

Back in late January 2018, nobody thought that the Austrian snowfall of 100 cm in 48 hours could be topped but this year, the Avalanche Warning Service (Lawinenwarndienst Tirol) is talking about the best snow conditions since measurements began in 1937.

In some parts of Tyrol, where they usually expect 6 to 7 metres of snow each season, they already have 5 metres. Take Fieberbrunn for example at 962m where 451cm of fresh snow fell in 15 days.

While some of the press and social media are dramatising the wintry conditions and reporting a near state of emergency, hotel and restaurant owners and the ski lift companies underline the importance of these conditions: they grew up with snow like this, they can easily cope and it’s how it should be!

Current snow depth report in key Austrian resorts compared to mid-February last year:

St Anton
2018: 140 cm Valley / 415 cm Mountain
2019: 95 cm Valley / 345 cm Mountain

Hochoetz
2018: 40 cm Valley / 220 cm Mountain
2019: 290 cm Valley / 260 cm Mountain

Fieberbrunn
2018: 100cm Valley / 200 cm Mountain
2019: 110 cm Valley / 220 cm Mountain

Sölden
2018: 20 cm Valley / 325 cm Mountain
2019: 108 cm Valley / 420 cm Mountain

Ischgl
2018: 100 cm Valley / 170 cm Mountain
2019: 70 cm Valley / 150 cm Mountain

As the snow falls and the number of tourists coming to the Austrian Tirol continues to grow by 6% per annum, new beds are provided by developers such as Kristall Spaces and local councils can continually enhance their offer for the visitors.

Further investment in infrastructure such as the additional lifts and ski runs between Kühtai and Hochoetz (55 Million Euros), the connection between the Pitztal glacier and Sölden’s glaciers or even the new TUI hotel in Fieberbrunn demonstrates confidence in the Austrian ski industry which has not had a recession in the last 100 years: a real safe haven for property investors. (Over the past 15 years, more than 6 Billion Euros have been invested in new ski lifts and in the development of ski resort connections).

If you are interested to hear more about our ski properties in Tyrol and/or would like to arrange a site visit and meet with one of our consultants, please do not hesitate to contact us:

AT: +43 676 962 7712

NL: +31 6 48 92 32 43

UK: +44 20 3735 8790

Filed Under: All Suite Resorts, Austrian Property, Fieberbrunn, Galtür, Ischgl, Oetz, Sölden, St Anton

100cm of fresh snow in 48 hours

February 6, 2018 By admin

After one of the snowiest Januarys on record in the Alps with ski resorts in Tirol seeing 100cm of snow falling in just 48 hours, the outlook for February and the busiest skiing weeks of the year looks excellent.

Thanks to the snow storms of January which left road and rail access to St Anton, Ischgl and Kühtai cut off, there is a superb base in the ski resorts in Tirol.

The Lawinenwarndienst Tirol (Avalanche Warning Service for Tirol) cannot recall snowfall like this since 1999 and despite some blue skies in recent days, temperatures have dropped and there will be more wintry weather to come.

Current snow depth report in key Austrian resorts:

St Anton 140 / 415 cm
Hochoetz 40 / 220 cm
Fieberbrunn 100 / 200 cm
Sölden 20 / 325 cm
Ischgl 100 / 170 cm

Clearing snow in the Ötztal:

Filed Under: Fieberbrunn, Galtür, Ischgl, Kühtai, Oetz, Sölden, St Anton

Bellevue Best Property Agents 2018

December 19, 2017 By admin

Kristall Spaces has been awarded the Bellevue magazine Best Property Agents 2018 seal of approval. Only a select group of international real estate agents are awarded this title.

Branson Atterbury, Marketing Director at Kristall Spaces AG commented: “We had a compelling proposition for the Bellevue panel of judges. We are the developer, agent and operator and thus provide a rare, end-to-end service: construction, marketing in German, Dutch and English, legal and financial advice to buyers and maintenance and a rental service on behalf of owners. Our key personnel are court sworn experts for the Bundesministerium für Justiz in planning, construction, engineering and property consultancy.”

It is this end-to-end proposition that allows us to understand all parts of the value chain and makes us even more effective at advising customers on acquiring their dream lifestyle investment.

Kristall Spaces AG has a current pipeline of developments worth in excess of €100m and an impressive portfolio of projects including:

All-Suite Resort Fieberbrunn (Skicircus Saalbach Hinterglemm Leogang / Kitzbühel Alps) All-Suite Resort Karwendel
All-Suite Residence Kühtai
Silva Peak Residences, Ischgl
All-Suite Resort Paznaun, Ischgl
All-Suite Resort Ötztal
Residenzen Gasthof Zwieselstein, Sölden
Mountain Spa Residences, St Anton
Mountain Lake Resort, Zell am See
Residenz Zwieselstein, Sölden
Residenz Sölden

Filed Under: All Suite Resorts, Austrian Property, Bellevue Best Property Agents 2018, Development News, Fieberbrunn, Galtür, Ischgl, Karwendel, Kühtai, Oetz, Rental & management, Saalbach, Sölden, St Anton, Zell am See

Buying new build property in Austria

December 5, 2017 By admin

Austria is already the first choice for affordable ski properties, higher rental yields and authentic hospitality when compared to France and Switzerland but how does one decide on the type of property to buy: new-build or resale?

Here are some options to consider:

New-build or off-plan property in Austria normally comes with a higher price tag per m² and will further increase in value as soon as you take ownership. Typically, we see a 4 to 5% annual growth on our ski apartments and this can be higher in some locations in Tirol thanks to scarcity restrictions to avoid the “cold beds” trends found in France and Switzerland. According to the UBS Alpine Property Focus 2017, St Anton delivers best growth in the Alps at 8.2%.

So, you might have to increase your budget for a new-build but here’s a few reasons why it’s worthwhile.

New developments present an opportunity to buy into the project early increasing your chances of securing one of the best units at the lowest price and improving capital appreciation. Note that developers can increase their prices year-on-year and as the project gains interest demand starts to rise.

Importantly, smart new build projects are carefully chosen by a developer for their location and access to ski lifts / pistes and restaurants and can command a rental premium over resale properties.

New property buyers aren’t in a chain and there is less reliance on the current owner / vendor which means less chance of the sale falling through.

Buying off-plan offers attractive payment schemes which don’t exist with resale properties: you pay for your apartment in stages. The trustee will notify you in good time when each stage payment is due so you have time to prepare the transfer of funds – no need to transfer all at once. This can be particularly advantageous when using a currency service.

There is also flexibility when dealing with the developer over factors such as parking spaces and choice of furniture packs and when there is joint ownership of the operating company for your apartments, it is possible for the developer to guarantee rental returns for a period during the operating agreement e.g. guaranteed 4% return on net purchase price for first 5 years.

When you buy off-plan in Austria, you get a certain amount of control over the interior of the apartment. There is range of interior themes and styles to choose from and because you are dealing with the developer it is possible to make minor changes to the floor plans in the early stages of the project.

All new properties built in Austria use state-of-the-art, energy efficient methods and materials that you will simply not find in resale buildings. Greener energy solutions, more efficient heating systems and some of the highest recycling standards in Europe not only reduce your carbon footprint but lower bills.

All Kristall Spaces’ developments use automatic central heating systems with air or water sourced heat pumps. Energy is also captured from the spa and bathrooms areas to generate warmth in the underfloor heating systems via heat exchangers and our ventilation systems use the same heat recovery principles to pump fresh air into the apartments at the correct room temperature. All this results in monthly heating cost savings for owners when compared to oil or gas and delivers a greener, more sustainable solution.

New properties in prime Austrian ski resort locations that come with a rental obligation when owners are not staying there themselves are exempt from VAT. You can save a whopping 20% on the sales price when you opt for one of these apartments.

New properties come with building guarantees. For example, we negotiate with tradesmen and suppliers for the following:

10 years for the roof covering
5 years for the mechanical systems (heating, electrics, lifts)
5 years for the remaining works including the shell of the building
2 years for electrical goods

Furthermore, Austrian Building Law allows for a 30-year Statute of Limitations for all hidden defects.

Please see our generic FAQ about buying and owning property in Austria or why not Contact us for advice on your Austrian property search.

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

Kristall Spaces Projects Update – Ski Properties in Tirol Winter 2017/18

October 13, 2017 By admin

Please click the links below for more information on each project.

St Anton – completion date December 2017. Ready to occupy. Over 70% sold out. Award-winning ski-out apartments. Some of the best views in the valley. St Anton delivers best growth (8.2%) in UBS Alpine Property Focus 2017.

Kühtai – 2 apartments left. Ready to occupy now. Highest customer satisfaction in Kühtai on Booking.com: 9.6 Exceptional. Ski in and out. Highest ski apartments in Austria – 2,020 metres. 35 minutes from Innsbruck airport.

Ötztal – dual season resort. 100 metres to the ski lift. Full pricing and availability. 8% return on capital invested when taking out a 55% mortgage or a guaranteed 4% return on net purchase price for first 5 years. 25 minutes from Innsbruck airport. Prices from 215.000€. 19 apartments sold.

Sölden – revised pricing post tendering. Adjacent to family-run Gasthof Zwieselstein. Guaranteed 4% return for the first 5 years. Sölden and Obergurgl-Hochgurgl now offer a joint lift pass for 3+ days. 4 apartments left.

Fieberbrunn – 270km of pistes – will soon connect with Zell am See. Prices from 225.000€. Up to 8% return on capital invested when taking out a 55% mortgage or a guaranteed 4% return on net purchase price for first 5 years. Some of the highest snowfall in Tirol. Excellent off-piste skiing. 10 apartments reserved.

Ischgl – prices start at 5,000EUR per sq metre. Full pricing available in April 2018. Contact us today for a preview of the plans. Already taking unbinding reservations.

Karwendel – pricing available in April 2018. Contact us today for plans. No rental obligation. One of the most beautiful places you will ever visit.

Kristall Spaces develops and sells ski property in Tirol and now we manage and rent apartments on behalf our owners through our operator business, All-Suite Resorts.

Filed Under: All Suite Resorts, Austrian Property, Development News, Fieberbrunn, Galtür, Ischgl, Karwendel, Kühtai, Oetz, Sölden, St Anton