Discerning Asian buyers now have the opportunity to own a holiday home in The Chedi Andermatt – one of the world’s most exclusive enclaves in Switzerland.
Located in the heart of the Swiss Alps, The Chedi Andermatt is the centrepiece of the new Andermatt Swiss Alps development, which is a recreational spot in both summer and winter. Opened in December 2013, it comprises 50 luxury hotel rooms, 119 residences, world-class restaurants and the five-star Chedi Spa among others.
The resort also features a distinctive blend of Swiss and
Asian hospitality, while highly personalised facilities and services are offered to owners of The Chedi Residences.
Dubbed by the New York Times as one of the "Best places to go in 2014", The Chedi Andermatt is managed by Singapore-based General Hotel Management Ltd and designed by the renowned Jean-Michel Gathy of Denniston International Architects and Planners of Kuala Lumpur, Malaysia.
Although Swiss law traditionally prevents foreign buyers from purchasing residential properties without a permit, this restriction was lifted exclusively for The Chedi Andermatt as well as the Andermatt Swiss Alps resort.
Foreigners can now enjoy the same privileges as locals, including buying and selling The Chedi Andermatt properties.
Additionally, the country’s long-term economic and political stability makes the Swiss real estate market one of the most stable in the world.
Moreover, Switzerland’s ability to innovate, its high quality of life and a skilled workforce with low unemployment contribute to a positive forecast for the country’s economy and real estate market.
Christopher Chitty, Senior Content Producer edited this story. To contact him about this or other stories, email christopher@propertyguru.com.sg
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