Scheffau am Wilden Kaiser is a picturesque village in the province of Tyrol, Austria, rich in history and tradition. The village showcases ancient Roman architecture, the St. Anna Chapel, built during the Middle Ages, and the breathtaking Wilder Kaiser mountain range. Its luxury lifestyle is set against the backdrop of the Kitzbüheler Alps, offering pristine views and sumptuous experiences that elevate property value. The town's strategic location at the foot of Wilden Kaiser mountain, famous for its legendary Alpine ridges, makes it an excellent location for luxury living.
Luxurious Real Estate Market
The exclusive property market in Scheffau am Wilden Kaiser is currently robust and stable, with a significant demand-supply balance. Being a well-known destination for the luxury lifestyle, the demand for luxury homes and apartments in the area is constant, meeting the high-quality supply available on the market.
Financial Overview
The overall economic and political situation appears sound and reliable, ensuring a safe investment environment. Average real estate commissions for both buyers and sellers typically range around 3% of the total purchase price. However, buyers should also account for additional costs like the transfer tax, notary fees and potential legal or inspection costs.
Transfer tax in Scheffau am Wilden Kaiser stands at 1.1% of the consideration, whereas the wealth tax on private property ownership is relatively moderate at 0.5%. Profits on the sale of a main residence are exempt from taxes, while second or vacation homes, if sold within one year of purchase, are taxed. Registered companies face a corporate tax of 25%, and income tax for residents can go up to 50% depending on income levels.
Mortgage and Buying Realities
When buying a house, the mortgage requirements are standard. Generally, a balance between own and foreign capital is encouraged, with income requirements taking into account the financial stability of the buyer. On average, one can receive a mortgage of up to 60% of the purchase price.
Location and Accessibility
The most sought-after residential areas are those closest to the Wilder Kaiser mountain. This peaceful town offers excellent connectivity to nearby cities through rail and road networks. The town is approximately 75 kilometers from Innsbruck, the closest major city, and Innsbruck Airport, the nearest international airport.
Education and Health Institutions
With a population close to 1,300, the town is home to several reputed schools, including the Volksschule Scheffau am Wilden Kaiser and the Neue Mittelschule Söll. The nearest university is The University of Innsbruck. The surrounding area harbors top-notch healthcare facilities like Krankenhaus St. Johann and medical centers in Kufstein and Söll.
Scheffau am Wilden Kaiser Living Experience
Scheffau am Wilden Kaiser offers a splendid visual feast of alpine scenery, crystal clear lakes, and rich flora and fauna. The typical Tyrolean climate - mild summers, snowy winters – makes it perfect for outdoor activities like hiking, skiing, and mountain biking.
The town boasts high-end boutique stores, famous restaurants like Gasthof Zum wilden Kaiser, and a selection of luxury resorts like the Hotel Kaiser in Tirol and the Scheffau Hotel. Its vibrant cultural scene offers annual theatrical and musical events. Museums like Museum St Johann in Tirol and galleries off in the nearby Kitzbühel enhance the richness of life here, while public infrastructure and amenities are top-notch, ensuring residents a comfortable and luxurious life surrounded by the serenity of nature.