Option A (if no payment promise of a Swiss Bank is provided)
· CHF 50,000 is due upon signing the reservation agreement in accordance with the agreed-upon payment terms defined therein. · 25% minus the reservation payment made to be paid to the Seller upon the day of the notarisation. · 25% of the purchase price is due upon completion of the shell and core of the development. · 50% (plus any additional costs) to be paid to the Seller upon handover of the unit.
Option B (if a payment promise of a Swiss Bank is provided)
· CHF 50,000 is due upon signing the reservation agreement in accordance with the agreed-upon payment terms defined therein. · 30% minus the reservation payment made to be paid to the Seller upon the day of the notarisation. · 70% (plus any additional costs) to be paid to the Seller upon handover of the unit.
Land portion, land development, construction costs as outlined in the specifications, additional building costs such as permits, connection fees, etc.
The land registry and notary fees, which are paid by the buyer proportionately at time of notarisation, amount to 0.3% of the total purchase price for the buyer (including FF&E and OS&E as well as parking rights).
Mortgage financing is generally available through a wide range of Swiss banks, which offer a bespoke mortgage product specifically for Elva apartments. Upon request, we are happy to facilitate such introductions.
Owners in Elva will have access to the Andermatt Swiss Alps AG rental management programme, which offers a fully flexible rental programme designed to maximise income through short-term rentals.
Owners in Elva benefit from a wide range of discounts and memberships across the Andermatt Swiss Alps Group, including (but not limited to) subsidies in the ski area Andermatt+Sedrun+Disentis, sports facilities and Mountain Food outlets.
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 homes in Andermatt Reuss without special authorisation and without restrictions. The exemption is guaranteed until at least the end of 2040. Moreover, apartments in Andermatt Reuss from Andermatt Swiss Alps AG are not affected by 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.
We offer an exceptional level of finish for all 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.
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 law. We reserve the right to make minor changes. The photorealistic depictions of the building are intended to provide 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).