The Wood Hut, Lech - Austria. The Wood Hut

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1 The Wood Hut, Lech - Austria The Wood Hut This beautiful hotel in Lech is to be completely renovated to create the spacious and modern Wood Hut apartments. They will be in a prime location just outside the centre of Lech. It is extremely rare for property to become available in this exclusive resort making this an exciting investment opportunity. The Wood Hut will be close to the ski slopes, with the nearest ski lift just a 5 minute walk away. These modern apartments will have large timber terraces and balconies, and lift access. Essential Facts Located in the exclusive resort of Lech am Arlberg A 5 minute walk to the lift Over 283km of skiing in the region Just 85 minutes drive from Innsbruck airport and 2 hours from Zurich airport

2 Resort Information Lech, Vorarlberg The spectacular resort of Lech is located at the heart of the beautiful Arlberg mountain range, which lies within Austria s exclusive Vorarlberg province. Set in unspoilt Alpine surroundings, this prestigious traditional village is surrounded by some of the best skiing in Europe with 284km of high quality pistes in the region. This part of Austria also benefits from some of the most reliable snow in the Alps ensuring great skiing conditions throughout the season. Close to St. Anton As soon as you arrive in Lech you are surrounded by mountains and forest. The village is home to many restaurants and shops and has direct access to the Sonnenkopf ski region and has a lively après-ski scene. Lech is also just 20 minutes from the world famous resort of St Anton, 80 minutes from Innsbruck airport and 2 hours from Zurich airport. Trains to nearby St Anton run regularly from Innsbruck and Salzburg.

3 Property Information The Wood Hut These beautiful apartments will be located in one of the most desirable locations in Lech with breathtaking views of the surrounding mountains. They will be within easy walking distance of the heart of the village and the nearest ski lift which is just 5 minutes away. The Wood Hut apartments are to be renovated, having previously been a luxury hotel. The completed building will therefore retain charming features such as the timber balconies, terraces and outdoor panelling. The apartments will range in size from 93m 2 to an impressive 212m 2, with the most spacious apartment including 5 or 6 bedrooms. Furniture is not included and a fitted kitchen should be purchased separately. The developer can provide a complete furniture package on request at an additional cost. Please contact us for more information. These properties have been designed with a modern take on Alpine luxury and will be finished to a very high standard. Construction is due to start on this project in Spring 2016.

4 The Wood Hut apartments have beautiful views of Lech from their private balconies

5 Price List - The Wood Hut Chalet Floor Bedrooms Floor Area (m 2 ) Purchase Price ( ) Apartment 1 Lower Ground ,450,000 Apartment SOLD Apartment 3 First 5/ ,781,500 Apartment 4 Second 5/ ,018,000 Apartment 5 Third 5/ ,254,000 Prices do not include purchase costs - please see Purchase Costs page for details. Red denotes reserved or sold. Garage parking spaces can be bought at an additional net cost: Garage 1-26,500 euros Garage 2-26,500 euros Garage 3-26,500 euros Garage 4-42,000 euros Plot Plan

6 Apartment 1 3 Bedrooms Lower Ground Floor Living Area: 93m 2 Terrace: 17.57m 2 Purchase Price: 1,450,000 euros Lower Ground Floor

7 Apartments 3, 4 & 5 5/6 Bedrooms Living Area: 212m 2 Balcony Areas: 69m 2 & 7m 2 Apartment 3 Purchase Price: 3,781,500 euros Apartment 4 Purchase Price: 4,018,000 euros Apartment 5 Purchase Price: 4,254,000 euros

8 Purchase Costs Purchase costs for buying a property work out about 8.6% of the gross purchase price. The purchase must pay notary fees after the contract of sale has been signed and the notary has sent off all the papers to obtain the foreigner purchase permit. Rental Obligation Local rules and regulations in Lech do not allow owners to buy holiday homes in the resort. It is however possible to buy these chalets as a main residence or to buy the property as a business rental investment. For more information on this please contact us directly. Fees calculated as follows: Purchase Tax Stamp Duty - 3.5% of the gross price Entry to the Land Registry - 1.1% of the gross price Notary s fees - 1% of the gross purchase price plus VAT Court costs, administration fees - approx. 150 euros No Agent s Fee! Bank Finance Austrian banks will fund up to 60% of the purchase price and can usually lend up to a period of 25 years. Variable interest rates are currently at around 3% and one year or five year fixed rate mortgages are also available. If you take a mortgage the fees add up to roughly 4% of the value of the loan you will be taking. These comprise a bank set up fee of around 2%, a notary fee of 0.5% for registering the mortgage and dealing with the bank, and a 1.5% mortgage registration fee.

9 Winter Activities Winter & Skiing The picturesque Alpine village of Lech has an exceptional snow record and is one of the most exclusive resorts in Austria. This millionaire s paradise forms part of the Arlberg ski region with a total of 344km of groomed pistes. Skiing includes 143km of blue runs, 142km of red runs and 55km of black runs at an altitude of over 2,800m, making Lech suitable for all abilities. The ski season begins in mid-december and lasts until late April. The region is serviced by over 90 lifts including many modern chair lifts with heated seats. For those with no time to wait, heli-skiing is also available in this top class resort. Other winter sports include ice skating, curling, sledging, paragliding, winter hiking and cross-country skiing. Glamorous St Anton is just 20 minutes from Lech and has become the place to be for advanced skiers seeking more challenging pistes. The off-piste skiing in this area is legendary with exciting terrain to explore. For some real winter magic take a journey through the Verwall valley in a horse drawn sleigh!

10 Lech skiing Lech am Arlberg ski region - 340km skiing

11 Après-Ski With more award winning restaurants than any other village in Austria, Lech is proud of its upmarket après-ski scene. The village has 64 restaurants in addition to four discos and over 20 bars. It is not surprising that the Orient Express stops at nearby St. Anton this is the playground for wealthy people wanting to party late into the night! With over 30 restaurants and bars and a number of ski huts and discos, the resort is as famous for its après-ski as its fabulous slopes. Fresh from the slopes people often meet at one of the piste-side bars such as Mooserwirt where you can drink and relax until 8pm and then ski down into town where a vast choice awaits you! The most popular bar is undoubtedly Kandahar which serves exquisite Thai meals and lets you party until 6am, but there is plenty on offer here for every palate.

12 Summer Activities Summer During the summer months Lech becomes the ultimate resort for relaxation. A great favourite with families is the vast 60m heated forest swimming pool with a giant slide and large paddling pool for children. Hiking and mountain climbing are of course very popular, and if you feel like viewing the spectacular scenery from a great height another option is a tandem paragliding descent from 2,330m! There is also a golf academy, tennis, trout fishing and a small bore rifle shooting range to ensure you can easily find plenty to keep you occupied. The unspoilt valleys surrounding St Anton offer visitors a host of activities to enjoy throughout the summer. There are 300km of signposted hiking trails and a further 200km of mountain biking routes, two swimming pools, golf, horse riding, mountain climbing and the Supersauser summer toboggan run is not to be missed - a gondola will take you to 1,400m then once in your toboggan you can speed down a 800m track full of sharp twists and valley bridges. Golf & fishing The new Arl-rock sports centre is very popular with families and offers tennis, volleyball, bowling, indoor football, squash and climbing. For those who like to take things a little slower, in the centre of St Anton is the famous Arlberg wellness centre with three swimming pools, saunas, solariums, gym and many indulgent treatments available.

13 Contact us for advice or to arrange a visit Viewing If you are looking to buy a property in Lech, Austria then Alpine Marketing can help arrange your visit. We have a good selection of chalets and apartments for sale in the Lech region and know the resorts well so whether you are travelling alone, with a partner, or bringing the whole family we can suggest the perfect place to stay. Simply let us know which dates you have in mind and we will arrange for one of our representatives to meet you and show you around. All you need to do is to book your flight and rent a car and we can help organise everything else for you. Ask us for our visits information and we will recommend some charming hotels to make sure you get the most out of your visit. Contact Jessica Delaney Alpine Marketing Ltd Tel: +44 (0) jessica@alpinemarketing.com How to get there It is possible to visit Austria for a weekend or even as a day trip. The main airports for the Austrian Alps are Salzburg, Innsbruck and Klagenfurt, but depending on which area you are visiting it may be better to fly to Zurich in Switzerland or Munich in Germany. For expert advice on flights please feel free to contact us anytime. Company Profile Alpine Marketing is the leading specialist for ski property in the Austrian Alps, offering an unrivalled knowledge of all the resorts we sell in. We have worked closely for many years with the top Austrian ski property developers and have travelled extensively to seek out the best property for you and will provide expert advice and professional guidance through every step of your purchase. If you have any questions or need general advice please do not hesitate to contact us. Disclaimer: Whilst we make every attempt to ensure the accuracy and reliability of the information contained in all brochures and the company website, we are reliant upon information provided by third parties and therefore, the company, its employees and agents will not be responsible for any loss, however arising, from the use of, or reliance upon this information. The sales deed prepared by the local Notary will contain all the terms of the sale and no warranty or representation made by an other person which is not specifically included in that deed of sale is legally enforceable. These particulars and the company website do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Alpine Marketing 2015 Registered Office: 3-5 Devonshire Street, London W1W 5DT, Registered in England. No Brochure current as of: 14 January 2016