Following on from our recent article on the St Lambrecht Mountain Resort, we took the time to ask some questions to Katharina Pinchuk from Allea Group on the St Lambrecht Mountain resort development.
Sometimes you find the perfect gem, it may not be the biggest or the best, but it suits some people perfectly. St Lambrecht in Austria does not get mentioned in the same breath as the giants of St Anton and Kitzbuhel, but that does not mean it is not a great place to invest and go skiing.
SnowOnly: Please tell us about St Lambrecht mountain resort and the ski resort itself?
Katharina Pinchuk: The ski resort Grebenzen – St. Lambrecht is located in the Murtal (Austria, Styria (Steiermark)). For skiing and snowboarding, there are 12.2 km of slopes and 13 km of ski routes available. 7 lifts transport the guests. The winter sports area is situated between the elevations of 1,010 and 1,870 m.
You can really enjoy your ski and winter holiday far away from mass tourism at this cozy ski resort for the whole family in the middle of the Zirbitzkogel-Grebenzen Nature Park! The resort goes up to 1900 m, the visibility is a dream and the view of the St. Lambrecht Benedictine Monastery is unique! Nestled in the landscape of the Nature Park, softly formed by glaciers - it's the perfect spot for those seeking to enjoy peace and relaxation.Fun on the optimally prepared slopes with top snow-making facilities in the middle of a gorgeous mountain world, surrounded by plenty of forest and cozy huts.
There are two children's lifts (free of charge) and the Schneemanndorf (snow man village) for the little ones.With tobogganing, cross-country skiing, snow shoe hiking, ski tours on the slopes - Grebenzen offers everyone a very special experience and you can rent the equipment right at the base station.
SO: 10 words that best describe St Lambrecht Mountain resort.
- Hiking and Ski
- Nature park
- Outdoor activities
- High quality of chalets
- Hotel management
- unbelievably beautiful view from the window
- Guaranteed ROI of 3.5%
- Perfect location
- Quiet and Secure
SO: For convenience, who looks after the property when the buyer is not there and who looks after the rental?
KP: The hotel management team (****Lambrechterhof Hotel) looks after the property when the buyer is not there.
The unit is rented out by Alps Residence Holiday service GmbH – the leading provider of holiday homes in Austria. Residents can enjoy the restaurant, spa and room service of the adjacent Naturparkhotel Lambrechterhof****.
SO: Please give us a brief history of the market and if it has evolved?
KP: Austria is one of the most stable and prosperous EU members with a growing economy. When investing in a property at Mountain Residences St. Lambrecht, you will receive an estimated 3.5 % return on your investment if you rent it out, depending on your own usage, which is higher than deposit rates in Europe. And, according to Oesterreichische Nationalbank, the residential property prices in Austria increased by 4.7% in 2018.
SO: What are the highlights of the resort and property? Is the resort environmentally friendly?
KP: Mountain Residences St. Lambrecht has a plethora of leisure and recreational activities for all tastes and seasons. Homeowners are offered unlimited use of the indoor pool, authentic spa and facilities at nearby hotel Naturparkhotel Lambrechterhof.
As the homes are located at the bottom of the Grebenzen ski resort slopes, in the winter month’s guests can ski to their front door, making the journey home from the slopes a bit more fun.
The resort is perfect for a family break. With endless ways to fill the day, no two days will be the same. Choose from sightseeing, golfing, walking, biking, hiking, paragliding, and parasailing or, and the many racing car and motorbike experiences at the Red Bull F1 racing venue.
The resort is a beautiful holiday destination and is a true paradise for families who love the outdoors and for nature lovers alike.
SO: What are the rental opportunities for investors in St Lambrecht?
KP: We offer guaranteed ROI of 3.5% for the first 2 years. The estimated annual return is 3.5%
SO: Are buyers investing for the summer as well as the winter?
SO: What is the main interest for purchasing from your buyers and where do they come from?
KP: Private use mainly, some buyers are coming from Eastern Europe but not exclusively.
SO: Do you think there will be any change in the buyers demographic in the next 5-10 years?
KP: Sure, we are having more exposure in Austria, Hungary, Germany and Netherlands.
SO: Is the real estate market in a good place today?
KP: The commercial real estate market in Europe is primarily driven by extremely low interest rates. Real estate has become much more important as an asset category for investors looking for yield. In my opinion, the real estate market is in a good place right now.
If you are interested in enquire about the St Lambrecht Mountain resort or have any questions, please enquiry today.
SnowOnly also has the St Lambrecht Resort Guide available for buyers looking to familiarize themselves with the resort further.
For over 7500 ski properties to choose from fro your ski property purchase visit SnowOnly.com.