Bad Gastein - Blumenwiese Apartments

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Blumenwiese Apartments - Bad Gastein, Austria – ALL SOLD Five traditional 2 and 3 bedroom alpine apartments plus penthouse ● Part of the vast Amadé ski region with 860km of skiing on one pass ● Tranquil location next to the golf course ● Optional furniture packages available ● Possibility to combine apartments to make a large residence ● Fantastic panoramic views of the mountain range ● Prices start from 279,000 euros

Blumenwiese Apartment Gans Blumenwiese Chalets The Blumenwiese apartments are located in a sunny position next to the golf course in Bad Gastein. They benefit from underground car parking areas and also have fantastic views of the Gastein Valley. Each apartment is built to order to the owner’s specifications and optional furniture packages are also available to make it as easy as possible to move in and enjoy your new holiday home. These spacious apartments are sold as freehold properties and each has its own balcony or garden.


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Resort Information – The Gastein Valley is only 70minutes from Salzburg airport Located at the foot of the Hohentauern National Park Bad Gastein was once visited by Kings and the rich and famous and with its stunning architecture and spa baths you can see why. This Belle Époque town is situated high in the Gastein valley with a natural waterfall cascading through the very heart of the town. The town has magical charm and is one of our favorites!

The Gastein valley lies within the Salzburg province of Austria and is formed by three towns Bad Hofgastein, Bad Gastein (Bad being German for spa) and Dorfgastein. Bad Hofgastein is only 70 minutes drive from Salzburg airport and these resorts are also easily accessible by regular direct trains from Salzburg and Munich.

You can fly directly to Salzburg from London, Birmingham, Bournemouth, Bristol, Coventry, Doncaster Sheffield, Dublin, East Midlands, and Manchester.

For more information on Bad Gastein & the Gastein Valley please scroll down to the end of this brochure


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The Gastein Mountain range in summer, looking down at the Blumenwiese plot of land

Location Set against a picture perfect mountainous backdrop and with the Gasteiner Ache River running close by The Blumenwiese Gans is ideally suited for both summer and winter use and offers fantastic value for money.

This charming development of just 5 apartments are walking distance from the local shops and restaurants of the small village of Badbruck and only a moment’s walk from the free ski bus which takes you directly to the ski lift (or a 4 minute drive). The Blumenwiese Gans will enjoy a south westerly aspect located in a quiet sunny spot only moments walk from the golf course, bakery and local gasthofs.


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Blumenwiese Chalets Blumenwiese Gans Blumenwiese Chalet

Property – The Blumenwiese Gans The Blumenwiese Gans is a typically Austrian style apartment building and will comprise 1 penthouse apartment and four single apartments (these can be combined to make a large apartment if required). Built in a traditional chalet style; these apartments will be located in an open and sunny position adjacent to the Bad Gastein golf course.

Apartment Gans will be built to a high standard with generous covered balconies, chunky overhanging roofs and open-plan living / dining and kitchen areas with large windows offering panoramic views of the mountains. All apartments have either a terrace and garden, or a balcony, and each apartment has its own private underground parking space and a lockable storage/ski area. Construction of these apartments is already nearly complete and they will be ready for summer.


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Tranquil location - The Blumenwiese Gans apartments are to be built here

Blumenwiese Gans apartment will have four 2 to 3 bedroom apartments ranging in size from 84m2 to 86m2 and an enormous 160m2

penthouse with 5 bedrooms. Each apartment will have open plan living /dining and kitchen areas and apart from the penthouse the apartments have the option to be either 2 or 3 bedroom residences. All apartments have either terraces and a garden or a balcony. An underground parking place is included in the price of these apartments as well as a fully fitted kitchen of your choice.

There are also a host of optional extras for owners to buy if they wish such as Jacuzzi hot tubs, romantic wood burning fireplaces, and furniture packages.


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Example kitchen

Apartment Finishes All apartments are built to order to your own specification so you can choose from a wide selection of fixtures and fittings including the style of your kitchen and integrated Siemens white goods. It is also possible to choose from a selection of bathroom fittings and tiles to personalise your apartment. Flooring choices include wood, tiles or carpet.


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Optional furniture packages are available

Optional Furniture Packages Optional furniture packages are also available and the developers have appointed interior designers to provide every comfort for owners should you wish for your apartment to be fully furnished on completion. These packages are extremely flexible and affordable and include everything you will need to make your purchase as smooth as possible including sofas, wardrobes, cutlery, and crockery. This service is available at a cost 11,000 euros for a 2-bedroom apartment or 13,000 euros for a 3-bedroom apartment. Other optional extras include gas effect or wood burning fires if you enjoy cosy nights round the fire.


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Apartment Gans

Price List Blumenwiese Gans – all prices include a private underground parking place The price list shows the gross purchase price and net purchase price for your apartment but If you wish to rent your property out on a commercial basis so that it pays its way, there are tax advantages as you may reclaim part of the VAT after purchase and receive a refund of almost 10% of the value of your property (ultimately paying only the net price). If you prefer to keep your property for your own exclusive use then you can do so by paying the gross price. Please note all prices are shown in euros and are gross of tax. Prices do not include purchase fees; please see section on purchase costs at the end of brochure. Red donates reserved or sold.

Apartment Number Floor Size m² Balcony/

Terrace m²

Garden m² Parking

Spaces 2-bedroom

Price - Gross 3-bedroom

Price - Gross 3-bedroom Price - Net

3 Ground approx 86.95m² 17.09 m² 81.66 m² One SOLD SOLD 4 Ground approx 86.95m² 15.94 m² 83.56 m² One 279,600 euros 283,200 euros 254,800 euros 5 First approx 86.95m² 7.21 m² One SOLD SOLD 6 First approx 86.95m² 7.21 m² One SOLD SOLD SOLD

Apartment Number Floor Size m² Balcony/

Terrace m²

Garden m² Parking Spaces

5 Bedrooms Price

5 Bedrooms Price

Penthouse Second approx 168 m² 15 m² Two SOLD SOLD


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Apartment 4 - Floor plans The ground floor Blumenwiese apartment has 3 bedrooms, open plan living dining and kitchen area and a superb garden and terrace area


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Plot Plan All apartments have great views of the Gastein Valley and benefit from underground parking. Entrance to the car parking is located below Chalet Marille.


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Picture taken December 2009

Construction Construction is already underway for these apartments and they will be complete for summer 2010


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Rental Obligation? – complete flexibility! Every EU citizen can have permanent residence in Austria and you can elect to use your Blumenwiese apartment as your main home if you choose. If you do not want to live in your apartment permanently you are obliged to make it a ‘holiday home’, as opposed to a ‘second home’. There are two ways you can do this:

Private Holiday Home – For owners wanting to make the maximum use of their apartment and have complete flexibility, they can rent their apartment privately to friends and family.

Rental Holiday Home – For owners wanting to maximise the potential income their apartment could generate by renting through a tour operator whilst it is unoccupied. There can be tax advantages to this, please see our Austrian fact sheet for further information. If you would like to rent your apartment in this way we have several tour operators we can recommend to you.

Which ever option you choose, the dedicated management company can deal with the hand-over of keys for your guests, and a laundry and cleaning service will deal with the change-over when your guests have departed if you require.


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Purchase Costs Purchase costs for buying an apartment work out about 6.5% of the gross purchase price. The Purchaser will be required to pay the notary fees after the contract of sale has been signed and the notary has sent off all the papers to obtain the foreigner purchase permit. Fees are calculated as follows:

Purchase Tax ‘Stamp Duty’ is 3.5% of the gross purchase price Entry to the Land Registry is 1% of the gross purchase price Notary’s fees – 2% of the gross purchase price plus VAT Court costs, administration fees – approx 150 euros

Bank Finance Austrian banks will fund up to 60% of the purchase price (70% of the net price) and can usually lend up to a period of 25 years. Variable interest rates are currently at around 3%, although it is possible to have 1-year or 5-year fixed rate mortgages too.

If you are taking a mortgage the fees involved add up to approx 4% of the value of the loan you will be taking. These comprise a bank set up fee of around 2%, an appraisal fee of 0.5% and you will also need to pay a 1.5% mortgage registration fee. All the financing fees can be incorporated into your mortgage if you like.


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Resort Information - The Gastein Valley We have been specialising in Alpine property for over 20 years and in our experience buyers always look for three things when choosing a resort to buy a ski property. They want a lively dual season resort with a large ski area or access to high altitude skiing and it must be within one and a half hours of an international airport. Bad Gastein ticks all three boxes and is the perfect choice.

The Gastein Valley is made up of three attractive towns:

Bad Gastein - The stunning belle époque town of Bad Gastein is situated high in the Gastein valley with a natural waterfall cascading through the very heart of the town. Its thermal spas are famous throughout Europe and Bad Gastein retains its imposing grandeur that made it hugely popular at the turn of the 20th century. Nowadays not only the spa, but also the great skiing, fantastic scenery, luxurious casino, and fine restaurants which draw in the sophisticated traveller seeking a resort in a romantic period setting.

Bad Hofgastein - Bad Hofgastein is just ten minutes down the road and is a busy metropolis with fashionable designer shops and fine restaurants. The town boasts some of the best spa hotels in Europe including the superb 5 star Grand Park Hotel. It is also home to another super Alpine Thermé complex (see below) there are plenty of charming coffee bars, a beautiful park and outdoor ice skating in the pedestrianised centre of this charming town.

Dorfgastein – At the entrance to the Gastein valley this charming village is famous for its solar baths and fairytale stalactite cave. Keeping the children entertained is never a problem with a miniature railway, waterslides and child-only ski slopes


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Investment

Bad Gastein is more than just a ski resort: it is stunning spa town and therefore it has a particularly long tourist season. Bad Gastein is a well respected ski resort with modern lifts and an extensive and high altitude ski region (offering more skiing than Kitzbuhel, Obertauern, Schladming or Zell am See). It also has natural thermal spas which are famous throughout Europe for their fun, relaxation and healing qualities.

The Gastein region is a pleasure to visit not just in winter or summer but also well into the autumn so higher than average occupancy rates are achievable.

As far as capital investment is concerned Bad Gastein was very popular in the 1960’s and attracted stars such as Liza Minelli. Now it is on its way up again with millions of euros being invested into the town. Many of the old hotels are being renovated or redeveloped by Dutch, Danish, German and Austrian developers. An Italian hotel group is investing in a cool boutique hotel, and 16.8 million euros is being injected into the ski region. If you are looking for capital appreciation, Bad Gastein is a good investment.


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Winter & Skiing With 200km of piste the Gastein valley offers a fantastic skiing area with 60 km of easy, 117 km intermediate and 24 km difficult runs and includes family-style hills, carving hills, deep-snow and moguls runs. There is also 90km of cross-country skiing, floodlit tobogganing, ice skating, curling, ice climbing, horse drawn sleighs and winter hiking. The skiing goes up to an alti tude of over 2,600m. Bad Gastein is the highest of the towns and its increasing popularity and superb ski conditions make it the ideal host for the 2008 Nokia Snowboard FIS World Cup. The Gastein Ski Region also forms part of the vast Ski Amadé ski region www.skiamade.com offering 860km of skiing on one pass www.gastein.com

An ambitious investment program of around 16.8 million euros for 2008 is currently under way. A new 8-person gondola cable car (The Senderbahn) has been completed from ski-centre Angertal to Stubnerkogel, new pistes from Stubnerkogel and from Schlossalm to Angertal. Improvement of snow-making facilities on Stubnerkogel and Schlossalm, replacing of snow-grooming-equipment like snow cats, and the Children’s zone in Angertal has also been completed.


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Piste Map – 200km of skiing up to 2,646m


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Ski Amadé Piste Map – The vast Ski Amadé ski region offers 860km of skiing on one pass


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Summer The Gastein Valley has plenty to offer in the summer months as it is ideally located at the foot of the Hohe Tauern National Park www.hohetauern.at There are numerous cycling and hiking routes - you can even take your bikes in the cable car and cycle down stopping at any of the 55 mountain inns and restaurants scattered throughout the valley. As well as all the spa facilities with their indoor and outdoor pools there is an and eighteen-hole golf course, horse riding, tennis, squash, volleyball, basketball, football, fishing, skateboarding, and paragliding.

This is a truly a year round destination and you will be able to visit or rent your apartment throughout the year.


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The spa pool in Bad Gastein

Spas In addition to the many spa hotels in the valley there are also several fantastic public spa facilities fed by the seventeen thermal springs that emerge into the Gastein region (Bad being German for spa). These thermal pools are great for both fun and relaxing with themed pools with waterfalls, geysers and big water slides to keep the children (and adults) happy! The mountain location means that in addition to the usual steam and sauna rooms most resorts offer, Gastein also has many cave based saunas and steam rooms. Bad Gastein has a fantastic thermal complex with indoor and outdoor pools; and the spa at Bad Hofgastein even has six adventure and vitality worlds which are spread out over 32,000 m2, featuring a unique, 360° panoramic view of the Alps, a sauna world with a mountain lake, leisure and wellness areas, a multimedia adventure dome, and a glassed-in sky bar.


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Golf – 18-hole, Par 71 Golf Course in Bad Gastein The Gastein Golf Club (Par 71) was founded in 1960; it is one of the oldest golf clubs in Austria and occupies a beautiful position between Bad Gastein and Bad Hofgastein. Picture perfect fairways guide you graciously through the natural landscape at the foot of the Gastein Mountains. The driving range and the putting green are in the immediate vicinity of the clubhouse which, with the cosy golfer's pub and the large terrace, forms the hub of club activity. There is also a golf school for those who want to learn or to improve their play.


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Viewing - Where to stay We have an intimate knowledge of all our resorts and whether you are travelling alone, with a partner, or bringing the whole family we can suggest the perfect place to stay. We can also recommend excellent local restaurants and even let you know if there are any exciting events happening in the vicinity to ensure you have an informative and pleasurable trip. Simply let us know which dates you have in mind and we will arrange for one of our representatives to meet you and show you around. All you need to is book your flight and organise a hire car and we can help organise everything else for you.

How to get there It is possible to visit this development for a weekend or even as a day trip from Stansted Airport. Flights to Salzburg are particularly inexpensive and very frequent. Ryanair provide a punctual service from Stansted Airport and also Dublin. www.ryanair.com

Thomson Fly – Fly directly to Salzburg from Bournemouth, Coventry, Doncaster/Sheffield, Gatwick and Manchester. www.thomsonfly.com British Airways – Fly directly to Salzburg from Gatwick and Manchester. www.britishairways.com

All our developments are within 1hr 30mins driving time from Salzburg airport but it is also possible to fly to Munich as an alternative. It is not necessary to have a car, as these resorts are very easily accessible by regular direct trains from Salzburg to both Bad Hofgastein and Bad Gastein. A return journey only costs 33 euros. Disclaimer Whilst we make every attempt to ensure the accuracy and reliability of the information contained in all brochures and our company website, we as agents will not be responsible for any loss, however arising, from the use of, or reliance on this information. The sales deed prepared by the local Notary will contain all the terms of the sale and no warranty or representation made by an other person which is not specifically included in that deed of sale is legally enforceable. © 2009 Alpine Marketing Ltd

Bad Gastein - Blumenwiese Apartments

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