Kitz Residence
Property features
- Rare, resale property
- Beautiful historic building
- Quiet location
- Opposite ski bus
- Established rental income
- New K-Connection gondola
Alpine property Finders are delighted to offer a rare two-bedroom apartment for sale in the historic ‘Kitz residence’ in Kaprun, Austria.
Kitz Residence is named after the local Kitzsteinhorn glacier that offers high altitude skiing.
The Kitz residence is located in a quiet part of town just a short walk from the centre of the popular Austrian resort of Kaprun with all it’s shops bars and restaurants.
The glacier can easily be reached with ski bus that stops right outside the house or by car, the Maiskogel mountain of Kaprun is only 1km from the doorstep.
Due to the new K-onnection gondola that opened in 2019 the Maiskogel area is now directly connected to the glacier, transforming the ski region of Kaprun. With a lively apres ski scene developing around the new lift station.
The apartment itself is situated on the first floor of the Kitz residence. It has a total of 42.78 m2 living space and a balcony of 8.10 m2. The balcony offers a stunning view of the surrounding mountains and the river.
This Austrian apartment has two bedrooms, one with a double bed, one with bunk beds and a single person sofa bed in the living room. There is a bathroom with a shower, a spacious hallway and an open plan living kitchen diner.
The asking price for the apartment is 338,000 Euro including all furniture, private basement storage and private outdoor parking.
What is extra special about this apartment is that there is no VAT reclaim, which means that there is no rental obligation. You are however allowed to rent it out if you wish with total flexibility. The apartment is currently generating around 15.000 Euro a year in net rental income.
The new owner would be free to rent out the property themselves or, if they prefer, use one of the local rental management services.
Please contact Alpine Property Finders now to arrange a viewing of this charming apartment.