Silver Resort Ski Apartments In Slovakia’s High Tatras Mountains

There’s silver in them mountains, literally! A new year-round holiday village, the Silver Resort nestled high in the Tatras Mountains in northern Slovakia, has just launched with studios, one, two and three-bedroom apartments and four-bedroom villas at prices starting from €58,590, it offers true alpine skiing at a fraction of the usual price.

Already a member of the European Union, and set to adopt the euro in January 2009, Slovakia offers great long-term potential and is very much on the Eastern European investment property radar, with capital Bratislava leading the offensive but beyond the city limits a new property market is ripening. Whilst the majestically sounding High Tatras Mountains, which border Slovakia and Poland, may be the smallest alpine range in Europe, they are making a big noise in investor circles as they develop into one of central Europe’s most popular ski destinations.

Silver Resort is situated 15 kilometres from Poprad Airport, serviced with regular flights through London’s Stansted & Luton and a four-hour train ride from Bratislava adds to the accessibility from the city which enjoys low cost flights courtesy of Ryanair who flies there 6 days a week.

At a base altitude of 850 metres and a highest point reach of 2,190 metres, the Silver Resort is located between the resort towns of Velka Lomnica and Tatranska Lomnica in close proximity to one of the three main resort towns in the High Tatras where you can enjoys prime ski conditions from December to March and is equipped with cable-cars and chair-lifts, and includes ski schools and ski-lifts for children. Other ski resorts in the area include Strbske Pleso, which hosted the 1970 Ski World Championships and boasts two ski jumps.

In an area surrounded by a national park with panoramic views of Tatras Mountains, a Unesco World Heritage and adjoining a 27-hole international Black Stork golf course, the Silver Resort will comprise 368 luxury ski apartments which will enjoy a wealth of onsite facilities in addition to their spectacular location. The rest of the scheme incorporates indoor and outdoor spa facilities, tennis courts, a kids’ club, pool, ice rink in winter, jacuzzis, saunas, steam rooms, restaurants and bars. As well as skiing, year-round activities in the area include cycling, hiking, rafting, rock climbing and golf.

With 80% LTV mortgages available, investors can purchase a studio apartment with as little as £8,450 plus purchase costs. The 33 sqm studios start from just €58,590 rising to €140,700 for two-bedroom apartments which range in size from 70 to 91 square metres and complete with underground garages, private saunas and fireplaces in both the living rooms and master bedrooms, the four-bedroom villas on offer have 175 square metres of living space with a master bedroom terrace and are priced at €398,933 including vat.

The High Tatras is facing a shortage of rooms for this coming ski season as a result of construction limits already in place and a lack of high-standard accommodation. The Silver Resort, scheduled for completion in the middle of 2010 is in a prime position to fulfil the need for five star accommodation currently lacking in the resort.

Already an established favourite with visitors from throughout Eastern Europe, Slovakian skiing is fast becoming attractive to UK and Irish ski aficionados seeking cut price alpine holidays and a great investment to boot.

Real World International is handling sales at the scheme and investors have the opportunity of a guaranteed net yield of six per cent for the first two years.

For more information click here or contact Real World International on +44 (0)20 7936 9013