Mountain panorama and return on investment opportunity luxury investor apartment in the alpine ski area

Investor apartment in the Austrian Alps in the Lech area at an elevation of 1495 meters.

This apartment is part of an exclusive hotel- and apartment-new-build development in Vorarlberg with a total of 42 apartments. The development is located on a sun-kissed slope in a southeast-facing location in the picturesque Schröcken, with direct access to the ski areas of the Arlberg – 305 glorious piste kilometers in the largest and snow-secure 5-star ski area in Austria. Additionally it lies in immediate proximity to Körbersee, which was awarded Austria's most beautiful place in 2017.

The northeast-facing apartment offers a breathtaking view of the wonder world of the high mountains. At 1495 meters elevation you experience summer and winter in the Austrian mountains from their most beautiful side. In winter you have direct access to the Ski Arlberg ski area, in summer you can enjoy the clear Alpine air on your terrace.

In the vicinity there are three excellent golf courses that golf enthusiasts can conveniently reach by car or by the private golf shuttle. The 9- and 18-hole courses at Lech, St. Anton or Außerbraz are within 30 to 60 minutes reachable.

The apartments offer a comprehensive infrastructure outside your property, including a restaurant, a spa & wellness area, ski rooms and a monitored luggage room. Each holiday apartment is individually designed and furnished in chalet style.

The apartment is classified as an investor apartment with owner use, a rental property with 6 weeks owner use per year. The rental and maintenance of your property are handled by an experienced operator (Buy & Let Serviced Apartments), and you receive a corresponding return on the use of your property. In addition you can use your apartment by arrangement up to six weeks per year for your own holidays.

Optional there are 41 private underground parking spaces and 10 carport spaces exclusively for the apartment owners available for purchase. The costs amount to EUR 43.000 for one underground parking space and EUR 25.000 for a carport.

The ancillary costs include:

• Real estate transfer tax: 3,5% of the gross purchase price
• Land register entry: 1,1% of the gross purchase price
• Contract drafting costs and trustee management: 1% of the gross purchase price plus out-of-pocket expenses and authentication costs
• Brokerage commission to Austria Real GmbH 3% +20% USt.

We point out that between the intermediary and the third party to be mediated there is a familial or economic close relationship.

The intermediary acts as a dual agent.