Commercial apartment building in Gosau, Austria, 213 sq.m

Luxury holiday apartment house in Ski Resort.

THE PROPERTY:
At the Alpine ski and summer destination of Gosau am Dachstein, in the heart of the Austrian Alps, the Swiss investment company Benesteem develops a luxury apartment house with 2 spacious holiday apartments for touristic lease.

• 133 m² 2-storey Maisonette apartment with large balcony and private access to garden, 45 m² living area with open fireplace, 1 De-Luxe bedroom with panoramic mountain view and en-suite jaccuzzi, 2 standard bedrooms, 2 bathrooms, 2 WCs
• 80 m² Terracce apartment with direct access to garden, 32 m² living area with open fireplace, 2 bedrooms, 1 bathroom, 1 WC
• Large open-air swimming pool with jet-stream and thermosolar heating system
• Sauna building in alpine mountain-hut style with Finnish and steam sauna
• Private entries to each apartment
• Sunny, southward-oriented location with unspoilable mountain view
• Quiet settings in rural village area, directly at the forest and a little mountain creek
• Perfect connection to ski bus and public transport, easily reachable by car

At present, the project is unrivaled. Located in the close neighbourhood of the alpine ski pistes, the cross-country ski-tracks and the main funicular valley stations, close to the touristic center of the Gosau valley and in the heart of the Dachstein-West ski region (120 km of ski pistes).

THE PROFITS:
The project is suitable as a commercial income property for long-term direct investors, looking for both continous rental income and inflation protection in one of Europea's top safe-haven jurisdictions. Additionally, a long-term appreciation of the property's value can be expected, because of the long-term price trend for Austrian real-estate in general and the special situation of Gosau as a prosperous holiday destination.
Based on a total investment amount of approx. 925 Tsd. Euro, we forecast a pre-tax return (EBIT) of 7.74% annually. There is no sales commission; the property is sold directly from the owner/developer.
By this property, the investor participates in the decades-long, unwaned uptrend in Austrian tourism and benefits from an international diversification of the guests' purchasing power.

This real-estate project is suitable as a start-up investment for private investors pursuing a permant residence permit for Austria in the long term. The investor is entitled to apply for an Austrian Schengen-area visa valid for a stay of up to 180 days within each calendar year (Business Multiple-Entry Type "C").

THE DESTINATION:
Gosau, a charming alpine village located in the Austrian Alps 60 kilometers southeast of Salzburg, is a dynamically growing summer and winter holiday destination, with excellent potential for further development and appreciation of real-estate properties. Although a holiday destination since the times of Emperor Franz-Josef I., who often visited Gosau for summer excursions and hunting, Gosau has preserved the character of an authentic mountain village until today. There is no mass tourism, authorities and the tourist office promote quality tourism with the target group of well-spending individual travellers.
Gosau is situated in a wide, sunny and snow-sure high valley of about 750 meters altitude, which is surrounded at all four sides by large mountain massifs. At present, the village has approx. 1.900 inhabitants and about 2.200 guest beds. During the last tourism year 2018, Gosau achieved approx. 390.000 overnight stays, plus additionally about half a million day trippers. The number of guest arrivals in Gosau during the period 2007-2017 rose by more than 73%, far more than the total of +43% for all of Austria.
Gosau is located in the heart of the UNESCO World Heritage Region "Hallstatt Dachstein Salzkammergut" - distinguished as World Cultural Heritage and World Natural Heritage. In total, the region atracts more than two million guests per year from all over the world, with a clear upward trend.