Second phase of the project is ready - last apartment left!

Reference Number: CA14262
Country: Austria
Region: Sölden/Ötztal
City: Sölden
Type of Real Estate: Apartment
New projects
Investment opportunity
Size: 91.57 m2
 
Price:
514.400 € (EUR, USD, CHF, AED)

Sold

Apartments near a glacier in Sölden. A famous resort in the heart of the Tyrolean Alps. Expected annual rental income of up to 5,5%! A lucrative ski area, a beautiful Alpine valley and a profitable investment all in one.

The residential complex is located in the famous Alpine resort of Sölden. The building consists of an existing apartment building that was completed in 2006. In december 2013 it will be added to a second apartment building with the character of a hotel. Both buildings will be connected and will offer all its residents the option of using its facilities: a swimming pool with spa, sauna, steam room, outdoor jacuzzi overlooking the surrounding mountains and Ötztal valley. There will also be a Tyrolean Italian restaurant, snack bar and lounge with reception.

Apartments are sold to private owners with a combination of partial use of his own and subsequent leases. Providing complete service of property management and subsequent leases, without concerns for the owner is assured. Estimated annual revenues from the rental add up to about 5,5% (net income before taxes, after deducting the cost of most items and operating costs).

There are small apartments with one bedroom as well as larger apartments with several bedrooms for sale. All apartments have a private balcony or terrace. Since the completion of the construction of the second phase is scheduled for 2013, you are still able to affect the internal disposition of the apartments and choose the options that are to your liking.  The apartments include complete, high-quality equipment and a garage parking space or a parking spot. Most apartments offer magnificent views of the valley and surrounding mountains. The building is situated just 100 meters from the ski bus or a two minute drive from the main gondola Giggijoch.

Sölden is located in the heart of the Tyrolean Alps, and offers 151 km perfectly prepared ski slopes, including skiing on a glacier until May. Just a few places in the Austrian Alps offer such excellent conditions for skiing activities as Solden. As evidenced by the fact that this is where the World Cup in Alpine skiing takes place every year, Sölden and Ötztal valley offer much more than that. The water park Aqua Dome is popular throughout the summer and winter. Sölden itself offers a wealth of additional facilities, services and the famous apres-ski with numerous bars, restaurants and clubs. The place is interesting even for summer visits. The area also offers a range of options for hiking or biking.

Do not miss the opportunity to live and invest in a lucrative Alpine ski resort. View the attached presentation for further information or we will be glad to provide details upon request.

Basic assumptions of return from investment: 

  • Exclusive location - Sölden is one of the most popular ski resorts in the Alps in Europe 
  • The glacier ensures a long main ski season 
  • Planned cable car connection with the Pitztal ski area 
  • Save VAT at 20% of the purchase price 

Appreciation of the Property: 

  •  The lack of building land in Sölden = significantly limited supply of real estate = demand in excess over supply of real estate 
    Investors that have interest in buying a property in Sölden from the whole of Europe  - Germany, Great Britain, Netherlands, Scandinavia, Eastern Europe etc. (diversification of buyers) 

The average increase in price of new properties across the whole of Tyrol in the years between 2005 to 2010 climbed up to 13.9% (source: Economic Chamber of Austria, www.wko.at) 

Rental income: 

  • The annual rental income of about 5,5% (net income before taxes, after deducting the cost of most items and operating costs) 
  • A complete service of property management and subsequent leases, without concerns for the owner

 All apartments in the first phase are sold out. Do not miss the opportunity to buy new apartment in second phase!

In case of interest, contact us:

Phone: +420 222 243 325 
+420 736 671 652
Email: info@rellox.com

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