Residence Max is an exciting, new project in the heart of the vibrant and ever popular dual season resort of Zell am See. Located only moments away from the lake and pedestrian area, and approximately a 5 minute walk from the main ski gondola, phase 1 of the project will begin in Summer 2017, ready for completion in 2018. There will be 18 apartments in total, spread over 4 floors, ranging from compact studios to luxurious penthouses. Ranging from 34-117 m², the 1-3 bedroom apartments will each have their own generous balcony or garden and will come fully furnished. All apartments will have either mountain or lake views. Buyers will be able to have a say on the type of finishing and materials used, giving them the opportunity to create a unique apartment which caters to their tastes and needs.
The apartment project will be managed and maintained by the onsite, existing hotel which is a well-established hotel in the resort. The hotel itself is very contemporary and this will be reflected in the apartments. Owners and guests will be able to make use of the hotel facilities such as the restaurant, indoor pool and spa. The apartments will be owned freehold and be part of a leaseback scheme, meaning the owners are obliged under Austrian law to have their apartments available for rent when not in their use. The annual rate of return on investment is expected to be between 4-5% Net, making it a very appealing lifestyle/investment opportunity.