The Austrian luxury real estate market for apartments, especially Viennese, has developed dynamically. Prices of residential real estate in Austria have increased in recent years, contrary to those of many other European countries. Since 2007 real estate prices increased by 31%, with an above-average growth rate in areas with a high concentration of luxury properties . Between the Buddhist temples in the north, the modern capital of Bangkok and the paradise islands in the south, the country has much to offer. In the city centre and in well-connected areas away from the city’s noise are numerous luxury homes, with apartments in prestigious buildings being the most desirable. The south of the country is noted for its amazing natural beauty and stunning beaches.
Above the double garage is a self contained loft that has its own private entrance. Below the main house is a converted barn that features a seperate lounge, luxury bathroom and sweeping views. Both have previously been rented via air b’n’b creating a steady income stream if desired. The property has good potential for subdivision with the proposed district plan set to incorporate a density average of one hectare for the land, allowing for four seperate titles once the plan becomes operative. When you find a home that has been on the front cover of four different magazines and has won an architectural design award you know it must be special. Completely hidden from the road its entrance is understated but seductive drawing you down the driveway as the home emerges beside the Shotover River surrounded by mature landscaping.
Luxury Areas
Owners enjoy a 1/27th share in the private 1,000 hectare station that features three additional lakes, multiple back country huts, a horse arena, tennis court and other outdoor activities. Dramatic day and night, 11 Closeburn Station is