Summer Archives - Property sale Austria

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

Flexible use: Luxury semi-detached chalets in Leutasch

May 3, 2024 By admin

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

Filed Under: Cross-country skiing, Development News, Leutasch, Rental & management, Seefeld, Summer

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

Apartments for sale in Leutasch

April 25, 2024 By admin

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

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

Filed Under: All Suite Resorts, Seefeld, Summer

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/

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

300m Euro fund in new asset class in DACH region: serviced apartments & aparthotels

June 9, 2022 By admin

Article in summary:

AIF AlpenReal fund is investing in serviced apartments and aparthotels in the DACH region where there are 15 to 20 well-known operators
Serviced apartments & aparthotels is a fast-growing asset class and increasingly popular choice for tourists
They also benefit from the current work-from-home trend
Flexibility / self-catering options (your own kitchen), digitisation and fewer communal areas have all been important factors during the pandemic for this type of tourist accommodation
Whilst the hotel asset class has suffered during the pandemic, serviced apartments have continued to perform
Larger operators who previously focused on business/city hotels are entering the market e.g. Accor and Dorint
Tourists in the DACH region feel safer taking vacations closer to home
Working part-time whilst on a skiing or mountain-biking holiday with the family is also an attractive option
The fund offers an opportunity for customer portfolios to invest in local and sustainable projects
The target distribution yield is an average of 6% over 10 years

Source: Fundview.de (Tim Habicht 08/06/2022)

https://www.fundview.de/posts/2022/06/2022-06-08-assetklasse-aparthotels-in-der-dach-region-aif-will-300-millionen-euro-assets-einsammeln.html

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

14 May opening of the Katzenkopf lift and bike trail in Leutasch

May 13, 2022 By admin

The Summer season starts on 14 May in with the opening of the Katzenkopf lift starting at 1130m taking you up to the Katzenkopfhütte at 1380m and Leutasch Bike park.

Alternatively, there is a cycle path which is 2.6km long to reach the top (it normally takes 50minutes on foot to walk).

There are 5 trails to explore from the top of the lift ranging from very easy to medium for advanced bikers who like jumps.

Bike park day tickets prices start at 19Euros per day for a child, 24Euros for teenagers and 29Euros for adults.

https://www.youtube.com/watch?v=GHHBKmt7-AY

https://www.katzenkopf-leutasch.at/wp-content/uploads/2021/07/KatzenkopfLeutasch-Trailmap-D.pdf

More blog updates on Leutasch to follow.

Filed Under: Leutasch, Seefeld, Summer Tagged With: Leutasch

Serviced apartments 20% higher occupancy than hotels

June 10, 2021 By admin

The serviced apartment segment proved its resilience during the pandemic according to a recently published market report “Serviced Apartments 2021” (Source: https://www.ahgz.de/).

The 2020 occupancy rates for serviced apartments were at least 19% higher than the hotel sector and 28% higher in April 2020.

According to the current planning status, the serviced apartment segment will grow by 48% by the end of 2023.

Other news:

Our operator all-suite.com is getting lots of bookings for July and August and even into September as the number of new infections has fallen in Germany (19.9 per 100,000) and Austria (24 per 100,000).

There has also been another lifting of restrictions in Austria:

The curfew has moved from 2200 to midnight
8 adults can meet indoors and 16 outdoors
Social distancing is now 1 metre instead of 2 metres
Cultural venues can now allow 75% occupancy instead of 50%
You no longer have to wear a mask outdoors

Austria and the rest of the EU are working on producing a Digital Covid Certificate which will become valid from 1 July.

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.

And our serviced apartment model provides extra safety during these times.

Come and stay in a well-spaced, self-contained apartment where you can arrive in your own car, you have the flexibility to cook for yourself and there are fewer communal areas compared to the old-fashioned 3 and 4-star family-run hotels.

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