Austria

From mountains and lakes, to cities rich with culture, Austria has it all.

Austria is a land blessed with the most beautiful snow-capped mountains, crystal clear lakes, pretty alpine villages and incredible historic architecture. What is it like to live here though? What draws people in? We spoke to Alex Koch de Gooryend from Knight Frank’s International department: “When we first started working in Vienna, a lot of people were looking at it from a lifestyle perspective: the cultural elements of the city, the huge number of art galleries and theatres. It’s a fairly small city so you can walk everywhere and it’s very safe and secure. The market has changed a little bit over the years – now we are beginning to see more people coming over and looking at it as an area for potential relocation.”

Richard Buxbaum, head of residential real estate from Otto Immobilien, (Associate Partner of Knight Frank in Vienna) told us, “One of the most important things during the last 9 to 12 months has been the extraordinary healthcare system, and I think the combination of great education provided by the international schools in Vienna, and our health system will bring in more and more international clients.” Richard says that over the last nine months he has seen a “30% increase in interested clients coming from around the world to invest and live in the city.”

Away from the capital, for some it’s the lure of the mountains which beckons – Johnny Cartwright from Savills Ski told us “Zell am See, Kitzbuhel, Lech, St Anton and Obergurgl are popular locations. There is a big demand for Austrian resorts from Germany, the Czech Republic and other Eastern European countries such as Hungary and Slovenia. Zell am See and Kitzbuhel are dual season, so they are busy all year round. Lech, St Anton and Ischgl have been more winter locations as they are high altitude resorts and very snow-sure, however, Lech is now becoming much more popular in the summer as it has opened a new golf course.” The call of the mountains is self-evident but Johnny explained the added draws – “There’s beautiful scenery and a good climate all year round. Austria is a clean and efficient country. Hotels and restaurants are all very welcoming to their guests.”

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Chalet Kitzbuhel, Tirol

This Tirolean-style chalet is in a central location only a few minutes from the Hahnenkamm gondola. On the ground floor there are three bedrooms, two bathrooms and a large terrace. The upper floor has a dining/living area of 70m² and offers exposed rafters and ceilings of up to four-metres high. There is a second balcony, and large rooftop terrace. The basement has storage and utility rooms, and a hobby room that can easily be converted into a wellness area.

£3.15m / €3.6m / $4.36m
Savills | Johnny Cartwright
t: +44 20 7016 3753 | e: [email protected]
www.austrianproperties.net

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