Owning parts of a hotel
Updated: 2013-12-14 07:15
By Xu Lin (China Daily)
|
|||||||||
Andermatt is a popular destination due to its splendid landscape, with waterfalls, famous ski slopes and a population of 1,300.
The first phase of residence operations will open on Dec 20, with the unveiling of the second phase in December 2014. It offers one-bedroom and two-bedroom apartments, which cover an area ranging from 110 to 306 sq m, and some large penthouses.
"We have interest in China and Asia and want to have a varied group of owners. As we've just started in the Chinese market, I think about 3 to 5 percent of the buyers will be Chinese," Croonenberghs says.
According to him, in Switzerland, foreigners require a permit to purchase a real estate and it's a long process. The government, however, has granted the project an exemption of the permit until the end of 2030.
He says the Chinese are changing their attitude and tend to pursue a lifestyle experience rather than just property investment.
The number of Chinese visitors to Switzerland increased by 50 percent in the last three years. At the same time, more Chinese are sending their children to Swiss hospitality schools.
"These people are all potential buyers."
- Post-baby Duchess
- Victoria Beckham S/S 2014 presented during NYFW
- 'Despicable' minions upset Depp's 'Lone Ranger' at box office
- 'Taken 2' grabs movie box office crown
- Rihanna's 'Diamonds' tops UK pop chart
- Fans get look at vintage Rolling Stones
- Celebrities attend Power of Women event
- Ang Lee breaks 'every rule' to make unlikely new Life of Pi film
Most Viewed
Editor's Picks
Logging out of an Internet addiction |
Prepare prisoners for life after release |
'Can we survive after surviving?' |
Cities hit hard by smog |
$50,000 in the US; $149,000 in China |
Against a sea of troubles |
Today's Top News
US paves way for in-flight cell phones
ASEAN cautious on air zone debate
Top leaders vow to steer steady path
BYD dismisses 'inaccurate and misleading' reports
Execution may hit co-op projects
Two wounded in US school shooting
Gift ban applies to festivals: official
UPS to deliver more parcels in China
US Weekly
Geared to go |
The place to be |