THE FIESCHERBLICK HOTEL APARTMENTS Grindelwald, Switzerland
WE SAY: “a unique opportunity to purchase a high specification apartment with luxury hotel facilities, concierge service and a 50% share of rental income in one of Switzerland’s premier ski and summer mountain resorts.”
| LAST CHANCE FOR FOREIGNERS TO BUY IN GRINDELWALD The Fiescherblick Apartments offer an exciting new type of investment in ski resort property. These high-spec apartments, which benefit from hotel facilities and an on-site concierge-service are also the last chance for foreign buyers to invest in new-build property in this quintessential Swiss ski resort. Stunning Eiger location Grindelwald is one of the most accessible ski resorts in Switzerland, with direct rail connections from Geneva, Zurich and Basle. The development of 19 spacious apartments will be built as an addition to the resort's Hotel Fiescherblick, which will be renovated to become a 20-bedroom boutique hotel. Each apartment will enjoy a south-facing view across the valley to the Jungfrau mountain range, including the iconic peak of the Eiger.
Located 5 minutes from Grindelwald's centre, the development is set in a conservation area opposite the 15th Century chuch. The Firstbahn gondola lift, taking skiers up to the First ski area, is a short walk away and Mannlichen and Klein Scheidegg ski areas are easily access by bus. Customised designer interiors The Fiescherblick apartments will be a traditional chalet style incorporating modern facilities. Using a combination of natural materials - wood, limestone and granite - the latest bathroom, kitchen and technological appliances will be installed to create a fresh and modern look and feel. 50% share of rental income* Owners must rent out their apartments through the hotel and will take a 50% share of the rental income. They will be able to use their apartment for up to 6 months of the year. An annual all inclusive service charge is payable. Luxury hotel facilities and concierge service Owners will be able to enjoy the leisure facilities in the renovated Hotel Fiescherblick. These will include a gymnasium, spa, swimming pool and treatment centres. An on-site concierge service is also available to all owners. At a glance 19 Apartments (7 already sold**) From 1 to 3 bedrooms Reservation deposit of CHF50,000 Completion for December 2010 Attached to renovated boutique Hotel Fiescherblick 50% share of rental income, rentals managed by the Hotel On-site parking Concierge services, including airport collection, ski hire and room service Annual all inclusive service charge approx. 1% of purchase price p.a. Pricing 1-bed apartment from: CHF662,000 2-bed apartment from: CHF1,062,075 3-bed apartment from: CHF2,209,200 * details and terms on request ** 4th August 2008
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