Luxury Apartments for sale at Andermatt - House Steinadler

House Steinadler at Andermatt Swiss Alps

Andermatt, Uri, Switzerland

1 - 3 bed | 1 - 3 bath
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P-00066-STE

Key details

  • Approx size: 86-164 sq m (926-1,765 sq ft)
  • Ownership: Freehold
  • No. floors in building: 4
  • Year built: Newly built
  • Orientation: Various
  • Building type: Apartment
  • Foreign ownership: Allowed
  • No. units in building: 12
  • Property Style: New build, Modern

Features

  • Balcony
  • Investment
  • Skiing
  • Covered parking
  • Air conditioning
  • Fitted bathroom
  • Golf
  • Mountain views
  • Spa & wellness facilities
  • Lift
  • Fitted kitchen
  • Wooden floors

Property overview

House Steinadler offers a range of beautifully appointed apartments for sale within a traditional Swiss style house clad in wood; 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.

The centrepiece of the Andermatt Swiss Alps project is the 42 apartment houses. Over 30 architecture offices designed the various buildings individually. With careful planning and close supervision by the architects, the resort will harmoniously blend into the traditional village of Andermatt.

The Steinadler house 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 Steinadler 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.

The apartment house Steinadler offers 1 to 5 bedroom apartments ranging between 36 sq m and 265 sq m of saleable area (the actual living area adding the balcony area at 50% and the garden sitting area at 25%). There are 1, 2 and 3 bedroom options currently available.

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.

Sales price includes a mandatory usage right to a parking space, value (CHF 40,000).

 

 

Regional info

Andermatt. A Home in Uri Canton.
In a wide, high valley close to the source of both the Rhine and Rhone rivers and below the vital Gotthard Pass, Andermatt lies at the very centre of Switzerland. Its strategic history includes time as an important trading town and a buzzy staging post for Alpine travellers.
 
German poet Goethe described Andermatt in 1770 as “the most interesting and beautiful place” and that description certainly holds true today. After many years of operating below most skiers’ radar, Andermatt recently unveiled one of the most exciting and ambitious projects in the Alps. New hotels, modern chalet-style apartment buildings and extensive facilities from a Gary Player-designed golf course to an indoor sports centre are making Andermatt the place to watch.
 
The golf course and several new properties are complete. The first new hotel, the wonderfully opulent yet always intimate five-star Chedi Hotel opened in 2013 and immediately secured a place on Conde Nast Traveller’s Best Hotels List. Apartments and penthouses in The Chedi and other new-build homes in the resort have brought a new fan base to this long-established town.
 
Andermatt Overview:
 
Best for: Serious off-piste skiers, golfers and active families looking for a comfortable, year-round Swiss home free of all restrictions on foreign ownership.
 
Property: Contemporary and fully serviced apartments and penthouses at various price points in a charmingly authentic and historic Swiss town.
 
Who Owns There: Buyers from across Europe and the Middle East come for the Swiss quality of life, the world-class Chedi Hotel, bracing off-piste skiing, a PGA golf course and the potential of a year-round resort that is undergoing significant and exciting development.
 
Access: Andermatt is well connected by road and rail, around 90 minutes from Zurich airport and within two hours of Milan.

Buyers guide

House Steinadler (freehold apartments starting from CHF 1,200,000):

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, ranging from CHF 35K up to CHF 95K for 1 to 4 bedroom.

There is an optional rental agreement with a 75% (to the client) / 25% (to ASA) split. Completion is expected by winter 2014.

Additional Details:

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.

ASA's Standard Payment Plan:

  • 2.5% (minimum of CHF 50K) of the purchase price upon reservation (refundable until contract)
  • 25% upon signing of contract (minus the 2.5% reservation fee already settled)
  • 25% upon completion of structural work
  • 50% upon completion of the building / transfer of the title

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), payable at handover

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