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).
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.
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:
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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