PAYMENT SCHEDULE

  • CHF 5,000 is due upon signing the reservation agreement in accordance with the agreed upon payment terms defined therein.

  • 25% of the purchase price is due upon notarisation of the purchase contract, taking into account the reservation payment made.

  • 25% of the purchase price is due upon completion of the shell and core of the development.

  • 50% is due concurrent with the transfer of title.

INCLUDED IN THE OVERALL PRICE

Land portion, land development, construction costs as outlined in the specifications, additional building costs such as permits, connection fees, etc.

PURCHASING FEES

The buyer and seller evenly split the notary and land registry fees (approx. 0.5% of the purchase price).

FINANCING

Mortgage financing is generally available through a wide range of Swiss banks, which offer a bespoke mortgage product specifically for Frame apartments. Upon request, we are happy to facilitate such introductions.

RENTAL MANAGEMENT

Owners in Frame will have access to the Andermatt Swiss Alps AG rental management program, which offers a fully flexible rental program designed to maximise income through short-term rentals.

OWNER BENEFITS

Owners in Frame benefit from a wide range of discounts and memberships across the Andermatt Swiss Alps Group, including (but not limited to) subsidies in the SkiArena, sports facilities and food & beverage outlets.

LEX KOLLER

SECOND HOMES ACT

As the result of a resolution passed by the Swiss government on 21 December 2007, apartments and homes in Andermatt Reuss have been granted exemption from the Lex Koller requirement for special authorisation. This means that all international investors can buy and resell apartments and homes in Andermatt Reuss without special authorisation and without restrictions. The exemption is guaranteed until at least the end of 2030. Moreover, apartments from Andermatt Swiss Alps AG are exempt from the provisions of the Second Homes Act (which limits the construction of second homes to 20% of the total number of homes in a given municipality), because this law was only passed after approval of the master plan (neighbourhood development plan) had been granted.

UPGRADES

We suggest a standard interior fit-out for all of the apartments, which have been carefully designed. However, as the buyer, you have the option to choose from a range of possible upgrades based on your needs and personal preferences. Please note that the feasibility of upgrades (and any additional options) depends on the stage of the construction process and can only be implemented provided that they are requested in good time.

PROVISOS

The information contained in this brochure is based on the current planning status, the corresponding calculations, and the currently valid and applicable provisions of Swiss land register law. We reserve the right to make minor changes and the right to prior sale. The photorealistic depictions of the building are intended to provide potential buyers with an impression of the planned structure. They are not binding in terms of materials used, colours, fittings, structural design, surrounding areas or landscaping. The seller expressly reserves the right to make any changes (the exterior material and colour concept must be inspected and approved by the local authorities).

Contact

Andermatt Swiss Alps AG

Gotthardstrasse 2

6490 Andermatt, Switzerland

T: +41 41 888 77 99

realestate@andermatt-swissalps.ch

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