Key Arlberg ski resort in Austria will soon become one of the five largest skiing areas in the world that will affect the volume of new supply in the market and affect the growth of real estate prices and rent it. The volume of investments in the development of direction, is ˆ 45 million. This tells the portal of a professional organization the Overseas Professional, the Property (an OPP).
Total on the Arlberg cable car will be four new Flexenbahn, Trittkopfbahn I, Trittkopfbahn II and Albonabahn II, which will open at the beginning of the ski season 2016/17 and will connect the resort with the "birth place of skiing", the legendary St. Anton, as well as the exclusive resort of Lech.
Thus, the total number of lifts in the Arlberg was 87, and the total length of the slopes of the Arlberg after enlargement - will exceed 305 km. It's more than skiing areas of major French regions of Val d'Isere (300 km), Tignes Espace Killy (300 km) and the Grand Massif (265 km). Accordingly, in the region will increase and the price of housing and rental yield, said OPP.
The report "alpine estate market 2015/16» Savill's international consulting company noted that Austria is an attractive destination for investments in ski accommodation. Over the past 15 years in the development of the country ski infrastructure was invested over ˆ 6 billion. Since 2008, the prices for ski property in Austria increased by 41%. For comparison, in France during this period prices fell by 0.9%. There is still a house in the Austrian Alps is about 50% cheaper than the Swiss or the French Alpine regions. Now - the best time to buy, experts say.
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