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Added 26/01/09
Investment properties in the Austrian Tyrol now available by 'special permission'  


Overseas property investment news - Fly to let EU citizens have found it very difficult to buy holiday homes in the Austrian Tyrol since 1994. But now Investors in Property have announced that it is now able to offer the only two developments in the Tyrol which have been given special permission to be sold as second homes

The Tyrol offers winter and summer activities creating a larger client base for owners looking to rent out their Fly to Let investment properties.

Kuhtai is Austria’s highest ski resort at 2,020m and set in the heart of the Tyrol just over 30mins from Innsbruck airport. The resort enjoys mountain scenery with guaranteed snow sure skiing up to 2,650m served by modern lifts with a long season.

Investors in Property are marketing ‘The Alpin Resort Apartments’ in Kuhtai, a luxury development of 53 ski-in ski-out apartments which are already built and are available immediately.

Thirty two of the apartments are designated as ‘holiday apartments’ and owners are obliged to make them available for rental when they are not using their property. Twenty apartments have ‘second home’ status and are available for private residency – you may rent if you wish but you are not obliged to.

The apartment building is traditionally styled with Tyrolean wood shingles on the external walls and large balconies. All apartments have mountain views, en-suite facilities to the master bedrooms and fitted kitchens and bathrooms.

The apartment building also has its own gym for owners and their guests, heated boot room for skis, underground parking, and reception area. Two-bedroom apartments are available from €360,000 and three-bedroom apartments from €410,000.

Oetz is a traditional Tyrolean town between Innsbruck and St Anton set in the Otz Valley with historic buildings and a charming village church. Many of the ornate buildings and inns date back to the 16th century.

A gondola takes skiers up to 2,200m in only eight minutes. Oetz is also centrally located for many other ski resorts including Ischgl, St Anton and Sölden.

In the heart of this historic town opposite Investors in Property are marketing seven exclusive holiday apartments which are finished and are available for immediate occupation.

The properties have underground parking, en-suite bathrooms to the master bedrooms and views of the town with its mountainous backdrop.

They also have luxury fitted kitchens and wooden balconies. They may all be acquired by all EU-citizens as ‘second homes’ so you do not need to make your apartment available for rent unless you wish to do so.

One-bedroom apartments can be purchased from €266,000, two-bedroom apartments from €320,000 and three-bedroom apartments from €380,000.


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