Is Austrian ski property a good investment?
Austrian property offers superb long-term investment for buyers. One of Austria’s main benefits is that it offers two high seasons in one year: winter for ski holidays, and also summer for hiking, cycling and swimming in the warm lakes. Austrian property has consistently increased in value year on year, and is considered a safe investment. Austria’s ski resorts invest more into their mountain infrastructure, like fast ski lifts, than any other country. Read more about ski property investment potential here.
Purchasing a new-build property can have tax advantages as it is possible to reclaim part, or all of the VAT on your purchase giving a discount of up to 20%. To be eligible for a VAT discount you must rent your property professionally and show an overall profit over 20 years.