Buying a second home in Switzerland continues to get easier, but picking the correct resort and the right property is always a challenge, particularly if you’re looking for rental returns.
A new project in the east of the country is being offered as a good investment, offering fully serviced, luxury apartments in the popular part of Switzerland and year-round resort of Scuol. The town is situated in the Engadine Valley, 60km from St Moritz and 38km from Samnaum, Europe’s highest tax-free shopping destination, and is famed itself for the healing properties of its Spa. Just an hour and a half from Innsbruck Airport and only 45 minutes from St Moritz Airport the town is almost equidistant from Milan and Munich.
The Residences Schinnas South are located in a residential area above the village within minutes walk of the centre of town, and overlook the historic town centre, the stunning Tarasp Castle and the Engadine dolomites.
Winter sees Scuol take off as a skiing destination which is extremely family friendly, with 80km of well-prepared runs, a fun park and a children’s park. Downhill and cross-country skiers are well provided for, with around the same amount of lifts as the St Moritz network, and skiers can choose between steep black runs and easier blues and greens through larch tree forests. Local restaurants are excellent places to stop for lunch, or to visit in the evenings for supper in the mountains. Summer and autumn are also fantastic fun – hiking to the Swiss National Park, mountain biking, golf, river rafting and hot air ballooning are all available in the town during the beautiful summer and autumn months.
The residences project consists of 25 luxury apartments and ten luxury duplex apartments in seven different buildings and are designed by Alex Kravetz Design of London. The development also includes an underground car park, private fitness and wellness centre and hotel facilities including lobby, bar and breakfast room. The apartments are built to an extremely high spec: every bedroom is a stately en-suite and many have fireplaces, steam baths and walk-in wardrobes. Interior design is of international standard – every fixture and fitting has been given the utmost attention.
Owners at Residences Schinnas South will also be able to take advantage of the Alpine Residence Club which allows apartments to generate rental returns when owners are absent. The weeks you spend in the apartment are your own, and when you’re not there the Residence Club takes care of the wear and tear, and the rental guests while you take advantage of the income the property generates, but when you the owner arrives you will find everything in your apartment in its correct place, the fridge filled and your clothes in the wardrobe. ‘This luxury only used to be available to the very wealthy maintaining second homes abroad with house staff. We will show you the same luxury without spending a fortune,’ say the Residence Club owners.
This opportunity to invest in property in the haven of Switzerland is particularly attractive in Scuol. It’s large ski area and fantastic location, as well as its own historic charm in summer and winter mean its status as popular family destination will continue for generations. Investment here will provide a wonderful second home for skiing, walking exploring and relaxing and can also earn you money when you’re not there for a minimum of fuss. In addition, there is no inheritance tax to pay in the Canton of Graubuenden – according to most existing double tax treaties the value of real estate is taxed where it is located making these Residences a smart choice for Swiss property.
Prices range from SF930,000 to SF2,500,000. For further information, or to organise a visit to explore for yourself contact Beat Hartmann on +44 (0)1845 597 795 or email Hartmann Singleton or read the brochure online.