Asian buyers will have an exclusive and rare opportunity to purchase a Swiss residence at The Chedi Andermatt, a luxurious 5-star contemporary hotel and residences development nestled in the quaint Alpine hamlet of Andermatt. The Chedi Andermatt Residences is available for sale with no restrictions for foreign buyers, making this the ideal investment for Asian buyers interested in owning a home in one of the world’s most exclusive enclaves.
The diverse property portfolio includes 64 elegant hotel residences, 42 apartment residences, thirteen lavish penthouses featuring indoor-outdoor fireplaces and spectacular views of the Urseren Valley and nearby peaks. The fully furnished one- and two-bedroom residences range in size from 110 – 306 square meters, and the lofts and penthouses range from 221 to 655 square meters. With a contemporary design that is accentuated by traditional alpine materials and elements, each unit features the finest finishes and high-end appliances.
Set to open in December 2013, The Chedi Andermatt is a luxurious 5-star contemporary hotel and residences development in the heart of the Swiss Alps. Ideally situated as the centerpiece of the new Andermatt Swiss Alps development, The Chedi Andermatt comprises 50 luxury hotel rooms and 119 impeccably appointed residences as well as two gourmet restaurants, luxurious lounges and bars, and an exclusive spa and a state-of-the-art health club. With management by Singapore-based General Hotel Management Ltd, the resort will showcase a distinctive blend of the best of Asian and Swiss hospitality cultures, offering discerning travellers highly personalized services and facilities.
Traditionally, Swiss law has prevented foreigners from acquiring residential property without a permit. However, thanks to a special exemption by the Swiss government, those restrictions have been lifted exclusively for The Chedi Andermatt and the Andermatt Swiss Alps resort. Foreign buyers can enjoy all the same privileges, including purchasing and selling The Chedi Andermatt properties. In addition, because of the “second home initiative” adopted by the Swiss Electorate, The Chedi Andermatt properties represent one of the last possible opportunities to purchase a holiday home in a resort area.
Moreover, thanks to the country’s longtime political and economic stability, the Swiss real estate market is one of the most stable in the world and has shown a positive trend for several years running. In addition, Switzerland enjoys a high quality of life with low unemployment, the ability to innovate, and a skilled workforce – all which contribute to a positive forecast for the real estate market and the economy.