Covid-19 and investing in property in Tirol

Following consultation with our partners and advisors who work across the construction and tourism sectors in Tirol, please find below the status of our operations in Austria.

CONSTRUCTION 

  • Government guidelines published today permit the reopening of construction sites under strict conditions and at the discretion of the construction companies  www.tt.com/artikel/30725737/einigung-baustellen-laufen-mit-strengen-schutzmassnahmen-weiter
  • Discussions are ongoing between the developer and our contractors with a view to reopening our building sites promptly
  • Unless business conditions deteriorate (supply chains), we anticipate no change to our handover schedule

All-Suite Resort Fieberbrunn – ready to pour concrete:

OPERATOR ACTIVITY 

  • Our operator business, All-Suite Resorts-Österreich GmbH, expects no impact on the 2020-21 Winter season
  • We anticipate a strong rebound for tourism in Tirol once the Covid-19 crisis abates in the Autumn
  • All-Suite Resorts is taking bookings for this Summer season: customers may cancel their bookings at no cost up to 24 hours before arrival
  • We predict that EU based tourists (Germany, Netherlands, Switzerland, Belgium, UK and Czech etc) will favour arrival by car or short-haul holiday destinations for the foreseeable future

PROPERTY SALES 

  • Although we have received fewer enquiries this month we have made 3 apartment reservations
  • We are confident site visits will resume in Tirol from May
  • The Kristall Spaces team is working remotely and progressing buyer transactions and conclusion of contracts with our lawyers
  • Our mortgage advisors continue to arrange finance with Austrian banks on behalf of buyers

Please keep safe and healthy and don’t hesitate to contact us at any time.  We look forward to updating you on progress in due course.

Contact: Branson Atterbury, Marketing Director on +44 20 3735 8790

Fieberbrunn tourism and investment on the rise

Encouraging news from the Fieberbrunn tourism office regarding visitor numbers this summer: up 7.3% so far this year thus outperforming the average rise of 5% across the whole Tirol region.  Good to remember that the winter season here posted an 8% increase in visitors too.

The summer season in Fieberbrunn is already well developed with 47% of all annual visits taking place outside the winter season and the tourist office has great plans to develop this business further in conjunction with Kitzbühel and Saalbach.

It’s thanks to these dual season visitor numbers that the All-Suite Resort Fieberbrunn will be able to deliver 180 days occupancy per annum which is 15% higher than the officially published average for Tirol being 156 days.

The Fieberbrunn lifts run right up 28 October with a break in November giving the lift company one month to prepare the winter opening on 1 December, a week earlier than previous seasons thanks to a 7 million Euro investment this summer to the snowmaking on the Streuböden ski area.  The Streuböden lake has been extended to capture more melt water and new high-capacity pumps and additional snow cannons will be able to recycle the water and cover the entire ski area in just 7 days in preparation for the opening of the winter season and busy Christmas and New Year holidays!

More welcome news is the forthcoming 15 million Euro investment in the Buchensteinwand ski area, famous for its iconic Jakobskreuz.  The Buchensteinwand ski area can be accessed from Hochfilzen and currently has 8 lifts, 22 km of runs and one of the biggest children’s ski areas in Tirol, the Bobo-Kinderpark.  The renowned Pletzer group will be developing the snowmaking systems and lifts and creating extra facilities to cater for winter and summer visitors.

Austria’s biggest skiable area: very soon, Fieberbrunn will also connect with Zell am See via Saalbach Hinterglemm and Viehofen creating 347km of interlinked skiing and overtaking the Arlberg as Austria’s biggest ski area.  The concrete foundations for the lift have already been laid and it’s anticipated the connecting lift will be installed in the coming year.

Key facts about All-Suite Resort Fieberbrunn:

  • 36 luxury freehold apartments: 1, 2, 3 and 4-bedroom with large balconies
  • Fully furnished with a choice of interior designs
  • Onsite bar / restaurant & spa (sauna, steam room), underground parking
  • 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
  • 1 double bedroom apartment from € 225,000 Net Sales Price excl. parking
  • Snow-sure: highest snowfall in the whole of Tirol for the last 40 years
  • Thanks to its backcountry skiing, Fieberbrunn is a mecca for serious powder skiers and for this reason it is on the Freeride World Tour with the likes of Chamonix and Verbier
  • Completion date of Winter season 2019

All-Suite Resort Fieberbrunn apartments: this type of accommodation (commercially rented apartments) are the fastest growing category of accommodation in Austria – up a colossal 18% according to ORF http://tirol.orf.at/news/stories/2904521/

So, you can be reassured that you are buying into a well-thought-out business model.

E-bikes and the Summer tourism boom

Tirol is currently enjoying another record summer season with Mediterranean temperatures, clearer air with fewer particles and many fresh mountain lakes to cool off in.

The winter season visitor numbers increased again (6.6% increase in Oetz) and this summer is on track to be another record year with estimates suggesting a 5% increase in the Ötztal and even higher in the Arlberg – circa 10% in St Anton.

Music to our ears and our buyers who will profit from renting out their apartments to the growing number of visitors opting for commercially rented apartments – rising at 18% year on year.

One thing that is noticeable this year is the sheer number of tourists hiring out e-bikes even in the most traditional winter locations like Sölden (will receive nearly half a million visitors this summer) and St. Anton (our Mountain Spa Residences development is fully booked right now – 5 apartments left for sale).

Up here, mountain and hybrid e-bikes are main choices as riders of all ages and abilities can now take on the high altitude and steeper climbs thanks to powerful lithium batteries which help propel them to the top of the mountain without collapsing a lung.

The sense of achievement is terrific, and you can do the hard, uphill slog again and again or go further and make a full day out of it going from hut to hut.

Is it cheating? Not really when you consider the work-out is longer and the higher altitudes you can reach means the effective oxygen content drops from 21% to 14% increasing your cardiac output.

No wonder Austria now ranks third for e-bike market share behind the Netherlands and Belgium but in front of Switzerland, Germany and Denmark (source: VCÖ).  More Austrians now own an e-bike than a second car.

Property in the Ötztal, the valley of superlatives

There is no disputing that the Ötztal is one of the most renowned and favourite regions for skiers and all-round winter sports, however, this idyllic and longest valley in Tyrol (65 km) also attracts large numbers of visitors during the summer.  With 45% coming in summer, Oetz is almost as busy as the winter and areas like Sölden and Obergurg welcome just over 2 million visitors every year, of which half a million come in the summer.  So why do they call it the valley of superlatives?  

The Ötztal has the second highest mountain in Austria, the Wildspitze (3.768 m), the highest glacier area in the Eastern alps, the highest parish Obergurgl/Hochgurgl (2.150m) not to mention the Stuibenfall, the highest waterfall and the Piburger See, one of the warmest mountain lakes in Tyrol! 

 Click image to enlarge.

Here, anyone (young and old) can find extensive possibilities to explore the unspoiled high mountain regions or the mystical deep gorges plus enjoy the famous Tyrolean cuisine.

The Ötztal valley, shaped by glaciers and being a first-class hiking region, has a lot more to offer than challenging mountain tours and idyllic family hikes.  One of many highlights is the Area 47 by Oetz, which will be open to action sports enthusiasts daily from 27th of April.  Rafting, canyoning, cave tours, indoor motorsports, one of the highest rope courses as well as a water arena with extreme water activities like wakeboarding, blobbing and a outdoor ski ramp into water leave no wishes unfulfilled.  More fun and thrills are guaranteed when rafting in the wild waters of Haiming, Oetz or Sautens.

 Click image to enlarge.

For those who prefer a more relaxed approach and like to immerse themselves into culture and the high alpine history of Tyrol, we recommend the archaeological open-air park “Ötzi-Dorf”. Let yourself be taken back 5.000 years into the Neolithic period of the famous Ötzi Iceman.  Visitors can experience the lives of hunting and and farming during that time first hand.  Next to the Ötzi-Dorf and situated on a 5.000 m2 area at the foot of the Stuibenfall, there is the birds of prey park.   The spectacular flying demonstrations of various raptors and birds of prey really makes for a unique and unforgettable experience.  In addition, one can learn more about Tyrolean falconry.

Worth a visit: between 18.04. and 21.10.2018, visitors can admire the lit waterfall (Stuibenfall) at night between 20:30 and midnight from observation platforms in Niederthai and Umhausen.

On rainy days, one can seek out the Aqua-Dome Thermal Spa in Längenfeld to unwind and totally relax in various open air pools (e.g. the river basin or sport pool) surrounded by views of the mountains.  Then there is “Noah’s Ark of the Alps” which guarantees endless fun for children.

More opportunities and activities await when one heads towards Sölden, Zwieselstein, Obergurgl and Vent.

Sölden offers a 700 km bike freeride and downhill paradise.  The Bike Republic Sölden provides the ultimate adrenaline kick for all mountain bike enthusiasts.  Shaped lines, nature trails, enduro trails and pump tracks attract bikers off all ages and levels. 

Wetter days can be spent at the “Freizeitarena” in Sölden.  Facilities include a swimming pool, a sauna, a gym and several tennis courts.

In Zwieselstein there are many wonderful walks, for example through the dramatic “Kühtrainschlucht” to Sölden or up to the “Brunnenberg” to the “Lenzenalm” and last but not least, and especially for those with a sweet tooth, the cosy 300 year-old “Sahnestüberl” (cream parlour) with it’s reputation for the best cakes.

Definitely worthwhile is also a trip to Italy from the convenient starting point in Zwieselstein.  The Timmelsjoch-Hochalpenstrasse takes travellers from Obergurgl to the pretty spa town Meran within one and a half hours, and takes in some of the best views in Südtirol. 

Highly promising is also the high alpine panoramic trail from the Tiefenbachferner (glacier) from an altitude of 2.800m to the village of Vent.  Hikers climb above 900m in altitude with spectacular views of the Ötztaler and Stubaier Alps.

An absolute must for every mountaineer and anybody staying in Zwieselstein is the 3.100 m local peak known as the Nederkogl (3.163m).  The hike does not require any ropes nor a guide but it still represents an exciting challenge and offers unbeatable views.  Extremely popular among the locals, it  takes between 3 and 4 hours from the Lenzenalm and takes you past the crystal clear Nedersee.  From Zwieselstein to the Lenzenalm, the walk takes about an hour.  Good boots, spare clothing and sure-footedness are essential.  It is recommended to start early in the morning to avoid the hot midday sun and perhaps be able to admire the sunrise from over the mountain tops!  The whistling of the marmots accompanies on the way and once in a while you even catch a glimpse of them and then higher golden eagles and chamois are not uncommon as well as wonderful flora, including alpine roses, gentian and edelweiss.  Once you reach the summit, depending on temperature and wind speeds, there is time to relax and enjoy the view into the Ötztal valley and over to the Tiefenbachferner (glacier) and of course sign the visitor book.  During the descent, it’s tradition to stop at the Lenzenalm for a “Brettljausen” of Speck, cheese, homemade bread as well as an ice-cold Austrian beer.

 Click image to enlarge.

In Zwieselstein, the road forks into the Venter and Gurgl valleys, each on it’s own worth visiting for different reasons: Vent as a quiet and charming insider tip and Gurgl as the internationally known resorts of Obergurgl and Hochgurgl.

In Obergurgl-Hochgurgl, der Diamant der Alpen, the choice for walkers and climbers seems infinite with an astounding 21 glacier-topped mountain peaks higher than 3000 metres … but not to worry if this seems a little daunting as viewpoints like  “Top Mountain Star” (3.080 m) or the “Hohe Mut Alm” (2.670 m) can also be reached via cable car.

The true, rustic Tyrolean village character lies in Vent, where highly recommended is a family trip to the “Rofenhöfen” where one crosses a long suspension bridge with views down the “Rofenschlucht” gorge.

Those who want to be on top of the world, should try paragliding or tandem flying in Sölden starting from the “Mittelstation” on the “Gaislachkogelbahn”.  Further up, you get to the prestigious “Ice Cube” Restaurant where you can indulge in culinary highlights à la James Bond.

New this Summer (July 2018) will be the 007 Elements James Bond theme park, a cinematic installation, which will give exciting insights into the making of the films.

To plan as many activities at different venues as possible we recommend the great deal of the Ötztal Card which saves you money, time and hassle.  The Ötztal card can be purchased for 3, 7 or 10 days and helps you organise various local activities in a stress-free and cost-effective way.  They included free public transport offers and connections to most venues.

In 2018, Kristall Spaces will be building property for sale in Obergurgl and Sölden.  There are still 3 apartment left for sale. 

St. Anton tourist numbers up Winter (3%) & Summer (10%)

The St. Anton tourist office recently confirmed a 3% rise in last winter’s visitors year on year and a 10% rise in summer visitors in 2017.

This double digit growth is down to the Austrian’s success at marketing themselves more effectively as a year-round destination, in turn attracting a more diverse visitor base (the Millennials in particular).

With all the ongoing infrastructure investment and demand from a more international customer base, there is room for upward price movement: 8.2% in St. Anton according to UBS.

At Kristall Spaces, we have been conservative in our Mountain Spa Residences St Anton rental projections and do not include any summer rental income in the average 3.6% return calculated.

9 aug 7 key

We have just loaded new photos to our website from some of the unsold 2 and 3 double bedroom apartments.

Please see the link https://propertysaleaustria.co.uk/st-anton/st-anton-construction-news/

From these images, you can appreciate the 180 ͦ views from the apartments up and down the Rosanna valley: from the East and St Jakob, across the fields to the South and Rendl and finally to the West and the village.

The photos give a good sense of the position of Haus A and the unobstructed views over Haus B which is lower down the slope.  The photo below is taken from the old Haus A looking South West over Haus B towards Rendl (click to enlarge).

VIEW-TO-THE-SOUTH-TOWARDS-RENDL-FROM-2ND-FLOOR-HAUS-A-1024x657

We are on schedule for handover at the beginning of the ski season in December 2017 and there is some hope from the meteorologists’ predictions of a colder winter this year!

Time will tell.

Kühtai apartments get highest customer reviews: 9.6 Exceptional

We are delighted to report that the Kühtai 2020 Residences built and sold by Kristall Spaces and operated by our sister company All-Suite Resorts all-suite.com have received the highest customer review scores in Kühtai in only their first 7 months of operation.

Kühtai 2020 Residences have scored 9.6 and been classified as Exceptional. 

An impressive result considering that the aparthotel is still in its first year establishing itself in the market.  All the customer comments have been 100% verified by Booking.com as real customers and can be reviewed on this link

booking uk

A summary of the customer comments about the apartments is provided below:

  • The location of the apartments often scores 10 out of 10 (ski in and out, opposite ski shop and ski school and next to one of the best restaurants in the village)
  • Customers love the south-facing views and balconies
  • The quality of the interiors, the comfort and cosiness
  • Parquet floors and high-end finishes and equipment e.g. Miele kitchens, Hans Grohe bathrooms
  • Sound proofing and privacy – no noise from neighbours
  • Lift and free parking right outside

e

Summary of customer comments about the operator All-Suite Resorts and its service:

  • The professionalism and friendliness of the All-Suite Resorts staff
  • Cleanliness of the apartments
  • The quality of the free WIFI service
  • Large sauna and steam bath running from 17h00 to 20h00

There are 5 apartments still available which have not been rented out and are in pristine condition waiting for new owners to occupy them.

Our sister company All-Suite Resorts is offering a guaranteed 4% net return for first 3 years and with the winter and summer visits to Kühtai growing each year and future lift expansions planned, buyers can be assured of a low-risk and hassle free investment.

Please don’t hesitate to contact us should you have an interest in one of our last 5 apartments.

Key facts about Kühtai 2020 Residences:

  • 5 apartments left for sale and ready to be occupied
  • Completed December 2016
  • Luxury apartments in Austria’s highest ski village
  • Ski-in, ski-out
  • On-site wellness: sauna, steam room and relaxation area
  • Managed rental service to cover running costs
  • Prices start at € 379,890.00
  • Guaranteed 4% net return for first 3 years

Der Standard (Wien): Buy to let property in Austria is a “win-win”

A good analysis of the current buy-to-let model in the Austrian Alps and how many British, Germans, Austrians, Dutch and Belgian buyers are investing in Tourism Residences in Austria encouraged by returns of 4 to 4.5% and freedom to use their apartment and sell it in a market offering price growth.  (Knight Frank says property prices grew 4.6% in Q1 in Austria and Immodex is reporting a 34% increase in prices since 2010).

It’s becoming increasingly difficult to buy Leisure Residences in dual season resorts in Tirol and the buy to let model favours investors in these locations (Oetz and Fieberbrunn receive 45% of all their visitors in Summer) as well as the local councils.

Der Standard - 27 Juni 2017

Der Standard – 27 Juni 2017

According to the author, it is crucial that apartment owners and the Gemeinde (council) have an operator in place for at least 5 years to ensure year-round visitor numbers continue to grow and support continual investment in infrastructure and amenities.

According to Statistik Austria, professionally rented apartments are also the fastest growing category of accommodation sought by tourists at 9.4% growth year on year.

The management of Kristall Spaces has launched its own operator All Suite Resorts all-suite.com to provide an end-to-end management and rental service for buyers of our apartments.

All Suite Resorts is planning to offer guaranteed returns across all its project locations going forward.

Please contact us today for more information.

36 apartments for sale in Fieberbrunn – Kristall Spaces collaborates with Fieberbrunn council

The market town of Fieberbrunn is fairy tale pretty – with a stunningly beautiful Church in the centre. Legend has it that hundreds of years ago a Tyrolean princess drank from its fountain and was cured of her fever.

This prompted the local residents to change its name from Pramau to Fieberbrunn which means ‘fever fountain’.

While we can’t vouch for the palliative properties of the fountain, the fresh mountain air will certainly cure many maladies.

The town, with its 4,000 inhabitants, is situated on the mountain range between Kitzbühel and Saalbach, and dates back to pre-Roman times.

But these days it combines old world prettiness with a cutting edge high speed gondola that takes you to the pistes of Saalbach-Hinterglemm, meaning you have access to 347km of pistes in total to ski down – making it one of the world’s biggest ski areas.

And now Kristall Spaces is building 36 luxury apartments there too, in the centre of the town, close to the Church.

They will be freehold apartments, with a wellness centre and a bar/restaurant onsite and will be ready by Autumn 2018.  Prices as follows:

  • 1 double bedroom apartment from € 208,000 Net Sales Price excl. parking
  • 2 double bedroom apartment from € 279,000 Net Sales Price excl. parking
  • 3 double bedroom apartment from € 411,000 Net Sales Price excl. parking

So why are we so excited about these new Fieberbrunn apartments ?

Apart from anything, we are building the apartments in close collaboration with the council, so we are assured a smooth process as we move from planning into construction and ultimately how the apartments are managed for rental by our newly formed operator, All Suite Resorts all-suite.com

allsuite_resorts_logo

In its own right, Fieberbrunn offers a huge range of skiing for all abilities and enjoys an excellent reputation for quality snow conditions. There’s 105 km of easy skiing, 112 km of intermediate, 21km of difficult and 45km of ski routes.

And its off piste skiing is world renowned – it’s an established venue for one of the events on the Freeride World Tour, the premier big mountain freeskiing and snowboarding tour in the world.

With its own micro-climate and predominantly north-facing slopes, top to bottom skiing lasts well into April and about 50% more snow falls there than in neighbouring Kitzbühel, 10 km away.

And the already extensive and varied ski area is now a gateway to an extra 270km of pistes with its link to the Saalbach-Hinterglemm Leogang ski circus – meaning that skiers are now treated to one of the most modern, lift-linked extensive ski areas in the world.

skicircus-winterpanorama-2015-2016-1

And after you’ve enjoyed your skiing, there’s an excellent après ski scene too, with all manner of bars and restaurants serving competitively priced food and drinks. Should you want to try out some other activities there’s snow biking, a floodlit toboggan run, snow shoe walking and sleigh rides.

But Austria is an all-round holiday destination, interestingly 51% of tourists actually come in the summer.

Fieberbrunn (like Oetz) has a particularly strong and well developed summer tourism season with 45% of all annual visits taking place in the summer months. Impressive for one of the best-known free skiing destinations in Austria.

The lift company and tourist board is currently getting ready for the official opening of the summer season when the lifts start running on 25 May until 26 October 2017.

It’s not surprising that Fieberbrunn has such a strong summer tourist season as it offers excellent hiking and mountaineering – with 400 km of hiking trails and mountain biking and swimming in the beautiful nearby 4.3m deep Lake Lauchsee.

And for families with younger children, there’s Timoks Coaster, woodland rope gardens, wildlife parks and various open air swimming pools and playgrounds.

Freizeitpark Familienland Pillerseetal is a must for amusement park lovers. No queues, great rides and a fraction of the price you would expect in similar parks outside Austria.

Austria is ploughing money into its ski resorts – they’ve spent 4.5billion Euros in the last 15 years, so they are becoming increasingly popular with visitors, in the first six months of 2016 there was a 10% increase in tourist visits to the Tirol, outpacing all international alpine holiday resorts – meaning there is an ever increasing need for extra beds to rent.

And the fastest growing category of accommodation booked by tourists to Austria in 2016 was commercial apartment bookings – like those built by Kristall Spaces – which grew by 9.4% year on year.

So an investment in one of our Fieberbrunn apartments means that renting it out and yielding a good return while you’re not there is an excellent proposition. Added to that is the fact that we have seen a 34% increase in the value of our properties since 2010 (source: Immodex).

As far as buyer interest goes right now, we are mainly receiving enquiries from the EU for these Fieberbrunn apartments.

UK buyers have a spring in their step right now with the General Election announcement. As investors buy Sterling, its value is rising giving overseas property investors more buying power when converted to Euros. Quite a few of our buyers use a Foreign exchange partner to buy Euros at a better rate now so they can make the stage payments at a locked in rate.

Uncertainty in the French alpine market, means buyers are looking for more stable alternatives and Austria has many advantages from upward price movement to more reasonable prices for everyday items on the mountain.

As for German and Dutch-speaking buyers, there is sustained confidence thanks to growing economies and stable political landscape at home.

All in all, our new luxury apartments in Fieberbrunn are a hot prospect and we look forward to hearing from you to register your interest.

Property prices in Tirol: 34% higher than 6 years ago

ImmoDEX is the annual property prices report compiled by Immobilienscout which analyses average property prices across Austria and its Bundesländer.

This year’s edition (published 1 March 2017) makes encouraging reading for property investors throughout Austria and especially in Tirol which has posted the highest regional gains in values since 2010.

tirol gains
At Kristall Spaces, we have been helping owners of our ski properties to resell apartments with a typical 4 to 5% price increase applied per annum on top of the original purchase price of the newly built apartments.

There is plenty of demand for any high-quality product in the right location offering altitude skiing or heavy annual snowfall, easy access and increasingly summer tourism business. It is worth noting that 51% of visitors to Austria now come in Summer (source: Tourism-review.com).

We are expecting the property price trend in Tirol to continue upwards thanks to supply being carefully controlled by local councils and development managed to protect local communities and their livelihoods.

Average prices in Austria are much lower than France and Switzerland (by up to 28% according to Savills) but thanks to ongoing infrastructure investment and a growing international skier base, there is room for upward price movement here.

Each year, more EU and non-EU buyers are coming into the Austrian property market thanks to increasing visitor numbers and their long-term dream of a foreign property investment which delivers capital growth, an annual profit from renting and free holidays in a healthy and safe environment, all-year round.

With a keen eye on the future, the Austrians lead the way when it comes to attracting new visitors to the mountains each year, especially younger consumer groups (Generation Y).   For a moment, consider Area 47 in the Ötztal: the de facto summer tourism innovation comprising over 20,000m² of extreme outdoor and water park activities, including wakeboarding at 812m above sea level.

wake
It is not surprising that the Tirol region alone delivered a >10% increase in tourist visits in the first 6 months of 2016 outpacing all international alpine holiday markets.

One final piece of research published on 27 February 2017 by Statistik Austria: the fastest growing category of accommodation booked by tourists to Austria in 2016 was commercial apartment bookings (i.e. tourism residences as built by Kristall Spaces) which grew by 9.4% year-on-year.

17 January: update on Kristall Spaces projects

The Austrian Alps are nicely covered with snow and as much 229cm in Sölden.  We at Kristall Spaces are busy handling dozens of enquiries each day and managing site visits for prospective EU and non EU based buyers.

We have 4 key projects with pricing & availability

St Anton apartment for sale – construction is underway and one of the buildings containing half the apartments has all the floors in place and the roof on.  It is possible to enter the building with one of our representatives and get a feel for the floor spaces and different views.  Of the 28 upper luxury apartments in this project, 14 are still available.  Voted Best Apartment in Austria & Europe.

Kühtai 2020 Residences – construction was completed last month. There are 5 apartments (out of 17) left but we expect them to sell in the next few months.  There are quite a few buyers who have reserved or are about to reserve in this development, the highest in Austria.  Come and look round one these fully furnished luxury apartments which are ready to occupy now.

Sölden – we will start construction after this ski season. 3 of the 8 apartments have been sold or reserved and there is good interest for the last 5.  It is easy to set up appointments in the Gasthof Zwieselstein where you can meet the developer and the Gstrein family who will manage the rental business of your apartment.

Mountain Lake Resort Ötztal – we have just finalised floor plans and pricing for this exciting dual season location. 100 metres from the ski lift and in a prime location to make the most of the Ötztal’s strong summer season facilities.  State of the art spa and choice of swimming pools for summer. Restaurant and bar on-site.  We already have 7 reservations!

Coming soon – new projects

We will soon release floor plans for Galtür (Ischgl) and Fieberbrunn, so keep your powder dry if you want your own apartment in one of these locations!

Galtür (Ischgl) – floor plans for Mountain Spa Resort Paznaun coming in February 2017.  We will update all our prospects with a newsletter.

Fieberbrunn – floor plans coming in February 2017 also.  Again, all our previous enquiring customers will receive a newsletter.

Karwendel – 28 leisure residences with no rental obligation although we provide a rental service if owners would like to rent their apartments.  Swimming lake & on-site wellness.  On-site brasserie restaurant & bar. 1 hour from Munich & 40 minutes from Mittenwald.

Register your interest 

Contact us today if you are interested in any of these locations and we will keep you updated with progress.