I am off today spending Good Friday with my family and celebrating the Easter Weekend now, but wanted to share a post that was shared with me for all my readers about the investment potential of St. Anton (trust me I took one look and found myself dreaming). So, please read on to find out more about this spectacular place in the world now. And also wishing all who celebrate a wonderful holiday weekend, too. Skiing has always been a favorite pastime and the Olympic Games in Sochi helped to remind everyone how much fun it can be to soar down the slope of a mountain. Brits who want to take their favourite pastime and turn it into a real estate opportunity can do so by investing in property for sale in Austria. There are various investment properties throughout Austria and in particular St Anton, which can pay off in a big way. An article in The Telegraph highlights that buy to let Austria ski apartment is a quality investment in two ways.
The first is that millions of people will visit St Anton every winter to enjoy the slopes, which keeps the property rented and income steadily coming in.
The second is that when the property is eventually sold, it will result in a considerable profit due to the annual rise in property value and due to the rising power of the sterling currency vs the euro. There is a short supply for rental units, which means that the demand is great. This is just what real estate investors want to hear when they look at St Anton as an investment area. Allowing for buyers to keep their rental property occupied during the peak profitable seasons.
British interest is increasing and much of this has to do with the Euro to Pound exchange rate. There has never been a better way for Brits to win because of such a comparison. The other benefit is that Brits can claim back the tax unlike Austrian homeowners due to them being non-residential homes. There’s a 1% VAT rebate in place for any Austrian spending and many units come furnished as well as managed, which means that managing the property remotely is completely feasible.
Many British financial advisors have been promoting an overseas purchase and a ski chalet in St Anton is just the place to explore. Buyers can take advantage of the real estate investment immediately once a rental takes place and for the long-term, which can result in a significant amount of return on investment. There are various purchasing options for buyers. The chalets can vary dramatically based upon location, size, and what the property has to offer. St Anton is one of the world’s most popular ski resorts, making it one of the most lucrative area for real estate investment.
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