House Gemse offers a range of beautifully appointed 1 and 2 bedroom apartments for sale within a traditional Swiss style timber clad house; many with wonderful mountain views.
Andermatt Swiss Alps is a ground-breaking project in the beautiful canton of Uri. The development offers a rare opportunity to invest in a new tourist destination with promising prospects of capital appreciation combined with fantastic year round lifestyle benefits, from skiing to golf.
House Gemse is located on the northern edge of the Andermatt Swiss Alps. Although inspired by the Swiss mountains and dominated by traditional elements, no modern luxury has been spared. The main body of wood panels rests on a massive stone base, which acts as the foundation of the house. The external appearance is reminiscent of the traditional Wood-Strickbau style of Switzerland.
In addition to the generous windows and sun-drenched balconies, the apartment house Gemse is characterised with the maisonette apartments facing south-west. This offers magnificent views over the entire Ursental valley. The interior fittings are beautifully and meticulously crafted and create a modern, subtle and elegant atmosphere. Overhanging balconies and spacious entrance halls provide the perfect finishing touch to these welcoming apartments which are flooded with light.
House Gemse has around seven 1 to 2 bedroom apartments available, ranging between 72 sq m and 98 sq m of saleable area (the actual living area adding the balcony area at 50% and the garden sitting area at 25%).
With sustainable design and an uncompromising focus on quality, buyers should feel reassured of the security of their investment. Hence supply in Andermatt is limited. After the expansion of Andermatt Swiss Alps, there will be no further significant development here.
Property owners are able to participate in a rental programme, so as to benefit from rental income when they are not in residence. Alternatively, when an apartment is purchased, a management package is offered.
Andermatt is easily reached by road and rail with connection times of around 1.5 hours from Zurich and 2 hours from Milan.
Prices for available units currently range between CHF 857,000 and CHF 1,095,000. Use of parking space in basement costs additional CHF 40,000 (optional).
House Gemse (freehold apartments starting from CHF 875K):
Purchase prices include finishes and fixtures as per the 'Description of Works' (kitchen & bathroom fixtures/fittings to Swiss standard) and each unit comes with access to an additional storage room.
There is a mandatory usage right to a parking space; the cost is CHF 40K per unit. Furniture packages are available.
There is an optional rental agreement with a 75% (to the client) / 25% (to ASA) split.
Maintenance Fee is approx. CHF 125 (Andermatt Swiss Alps Village) per m2 per annum. Unit Utility Charges are based on consumption/metered individually. Please note that the Maintenance Fee shall cover the charges, fees, cost and expenses payable for the maintenance, management, security, insurance, up‐keep, renewal, repair and replacement of the common areas comprising also the common utility charges.
The Notary & Land Registry charges total 0.4 % of the sale price, and the seller and purchaser will divide these costs equally. The purchaser in this case will pay 0.2%. The payment breakdown for the purchaser is then as follows:
a) The notary's charge, which is set in general at 0.1% of the purchase price (minimum of CHF 2,500), payable at notarization.
b) The fee for registration in the Land Registry, which is 0.1% of the purchase price (maximum of CHF 10,000).
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