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Buyer Information

Besides the stunning location, there are a number of reasons that make Andermatt a great place to own a property – for Swiss and international buyers alike.

Payment schedule

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Option A (if no payment promise of a Swiss Bank is provided upon the day of the notarisation)

• 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 upon the day of the notarisation)

• 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.

Included in the purchase price

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Land portion, land development, construction costs as outlined in the specifications, additional building costs such as permits, connection fees, etc.

Purchasing fees

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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).

Financing

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Mortgage financing is generally available through a wide range of Swiss banks, which offer a bespoke mortgage product specifically for Gilda apartments. Upon request, we are happy to facilitate such introductions.

Lex Koller / Second home act

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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 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.

Upgrades

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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.

Provisions

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The information contained on this website 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).

Contact us

Our team would be delighted to answer any questions you have about Gilda, so please feel free to get in touch.

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