Austrian ski resort developer, AlpenParks, is offering British Fly to Let investors the option of a guaranteed return of 6 percent per annum for three years on a mountainside chalet at the Hagan Lodge ski resort.

AlpenParks recently launched in the UK offering authentic chalets on the side of The Loser Mountain in Ausseerland, Austria which is only 2½ km from the lakeside village of Altaussee and one and a half hours east of Salzburg.

There are now two rental options available to investors. The original proposition whereby an owner can use their chalet for up to 12 weeks per year and rent the property out for the rest of the year is still available and offers up to 6.2 percent return, depending on the amount of personal use.

A second option is now available whereby the owner can use their chalet for two weeks per year (one week in winter and one week in summer) and AlpenParks will offer a bank guaranteed yield of 6 percent for three years.

“With the recent changes in interest rates and market conditions we are pleased to offer investors who only wish to use their property for two weeks per year the option of a guaranteed and fixed rate of return each year,” said Jonathan Jennings, Director of AlpenParks UK.

“Austria is still one of the world’s most stable economies and with UK interest rates dropping, 6 percent is a competitive return,” added Jennings.

The Loser Mountain region was recently voted the third best ski area in Austria, and has 29km of pistes and a host of cross-country trails, downhill descents and a freestyle fun park for boarders. In summer there are many outdoor activities that can be enjoyed within only 15 minutes of the Lodge.

All chalets in phase one of Hagan Lodge sleep a maximum of 9 people, and come with the latest luxury fittings and furnishings, including an indoor Swedish sauna and optional outdoor hot tub.

Prices range from €365,000 to €374,000, and the sale price includes all the costs of lawyers, notaries and taxes so there are no unexpected expenses.
AlpenParks was established in 2001 and claims to be Austria’s largest ski resort developer.

Mortgages are available through AlpenParks with a loan to value rate of 60 percent. Mortgages are arranged through Austria’s premier bank, Sparkasse, and normally take four to six weeks to arrange. Cash buyers can be on the slopes within two weeks.

AlpenParks will hold annual management meetings in London where owners can give feedback and have input into decision-making.

The capital gains tax of 50 percent in Austria is waived after 10 years and there is also no inheritance tax.

© Fly2Let.net Ltd 2011 l Terms of use l Contact l Free Subscription l Webmaster
Brazil l Bulgaria l Canada l Cape Verde l Croatia l Cyprus l Dubai l Egypt l France l Germany l Hungary l India l Italy l Morocco l Portugal l Romania l Slovakia
South Africa l Spain l Thailand l Turkey l UK l USA l Other Countries
Investment Property l Off Plan Developments l Ski Property l City Apartments l Golf Property l Beach Front Property l Land Investment
Cheap Flights l Car Hire l Property Finance l Property Insurance l Travel Insurance l Property Maintenance l Overseas Removals l Currency Exchange l Exhibitions & Seminars