Our Property is now for Sale
The property is located in the heart of Austria in the most visited tourist region Zell am See – Kaprun – Saalbach with very busy summer and winter season. Overnight stays in 2017 was 5.000.000 (5 Million). In the last 10 years Zell am See evolved to a top holiday destination for vacationers from Saudi Arabia, Kuwait, Bahrain, Katar, the United Arab Emirates and Oman. This fact is a big game changer.
Year of construction
36 Apartments for holiday and long-term tenants and 10 small studios for short term rentals.
Studios, 1-room apartments, 2-room apartments and apartments with 3 rooms or more, spread over the ground floor, 1st floor and top (attic) floor
Winter garden area
Commercial space (KFZ) Including paint box
Amount living area/floor space
Covered roof terraces I.
Balcony space and loggias, staircase II.
Balcony space, staircase III.
Terraces space, staircase II.
Paved parking areas
for 56 cars (concrete paving stones)
Zoning of the entire property
Decision of the Zell am See planning office – 14.03.2002, Zl 02/152-1797/70-2002
Final approval (for construction)
Protocol of the hearing of the Zell am See planning office from 27/01/2010 Number: 30602- 152/1797/89-2010
The three-floor property (ground floor, 1st floor, top floor (attic))is at the centre of the central Pinzgau region Zell am See – Kaprun and Saalbach in a sunny, rural and tranquil location. Behind the building there is a large garden and lawn area for general use.
Current Marketing Plan
One half of the property: permanent leases with fixed-term leases (contract duration: 3 years)
– Termination depending on the date of the conclusion of the contract;
The second half of the property is currently being converted into holiday apartments step by step.
This measure serves to increase the profit.
All units come with tiled bathrooms with bathtubs/toilet or showers. Some toilets are separate. All apartments are fitted with built-in kitchens. The floors are tiled, laminated or wooden. All exterior windows and doors are of plastic, double-glazed with u-value 1.1.
All roof windows have been replaced with large panoramic windows. The holiday apartments are completely furnished.
Method of Construction
Brick – solid construction with external heat insulation using 6 to 10 cm of polystyrene.
Heating System & Hot Water
Automated pellet-fuelled central heating and hot water system.The fuel storage holds the annual requirement.
Low operating Costs
Danish fireplace stoves have been fitted in five apartments (Top 5, 6, 13, 14 and 21) as well as the yoga studio.
Street Access from main Road
Access is via a private road with public transport; the prescribed proportionate costs for connecting the site have been paid in full.
Drinking Water Supply
Water is supplied by the Lahntal-Bergern-Haid water board, the connection costs have been paid in full.
Separation of Dirty Water
Dirty water is disposed of through thePinzgauerSaalachtal water treatment association. The connection costs have been paid in full.
Power Supply Service
Power is supplied from the Salzburg AG grid. The connection costs have been paid. Internet connection and cable-TV using the cables of Salzburg AG (fibre optic or coaxial). Telephone landline connections from A1 Telekom in all apartments.
Zoning and possible uses of the property
The property has been classed as a rural heartland in accordance with § 17 Para. 1 No. 4 Salzburg Raumordungsgesetz (Regional Planning Act).This permits, amongst others, small and medium-sized trade and commercial enterprises, tourism buildings, agricultural and forestry industrial buildings, residential buildings, buildings for education, training and other cultural/social projects and public administration.
The types of use permitted for the property are therefore almost limitless. Being granted a permit to construct a similar property at this location today would no longer be possible under any circumstances (drinking water connection, sewage connection, transportation links, and compatibility with regional planning laws).
Current marketing: long-term tenancy withfixed-term tenancy agreements (tenancy duration of 3 years) –the end of the tenancy depends on the date it was signed.
Please click at the Dropbox image in order to download important files like floor plans and profit estimate....