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Two-level penthouse next to the lift, Bad Gastein

786,000 €
3,742 € /m²
  • Total area
    210 m²
  • Bedrooms
    3
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Advantages

The apartments have all necessary permissions in place to allow you to rent it out. By agreeing to rent out the apartment you are able to avoid paying the VAT (20%!) on the property purchase price.

Location

Bad Gastein is a beautiful spa town, built into a steep mountain side. It has a population of 5 thousand people. Often referred to as a ”Chamonix“ of Austria, the city became famous in the 19th century, when the royalty of Austria-Hungary were resting there. Today it is a modern ski resort with an active nightlife, while the summer attracts by the thermal waters, lakes and golf.

In the winter the Gastein ski area has some 250 km of piste that rise up to over 2,600 meters. Bad Gastein is particularly well suited for experienced skiers who like long vertical descents. Further down in the valley you will find plenty of family-friendly, tree-lined runs.

The 18-hole Gastein golf club lies at the foot of the town and is just in a few minutes away by car. This is one of the oldest and most traditional golf clubs in Austria but it is welcomed to new members and even beginners!

More properties

If this property wasn’t for you, take a look at other penthouses for sale in Austria.

You can see more penthouses for sale in Badgastein elsewhere on our website.

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      FAQs
      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

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        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain and Latvia offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Turkey passport by buying a property worth at least $400,000.

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      • Who guarantees the transaction security?

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