The lure of liv­ing be­side Europe’s great lakes

The Daily Telegraph - Property - - Front Page -

Au­gust, there are pop-up bars and bands around the lake­front, with fire­work dis­plays,” says Giles Gale of Mark Warner Prop­erty. “Tourism fig­ures for sum­mer are not far be­hind those for the win­ter ski sea­son, so prop­erty own­ers can ben­e­fit from dual-sea­son rental in­come.”

For those that might want a year­round base right on the lake, there are flats in the Res­i­dence Belle­vue, in Thumers­bach. Two-bed­room fur­nished apart­ments in the pop­u­lar, con­tem­po­rary styled de­vel­op­ment start from €532,500 (£474,000), with stun­ning views across the lake to­wards the Kitzstein­horn glacier and on to Zell am See, which is on the other bank. Sec­ond line to the lake, the de­vel­op­ment has a well­ness ar­eas as well as ac­cess to ho­tel fa­cil­i­ties next door.

If you wish to be just five min­utes away from the chair lift, you can find a large two-bed­room du­plex apart­ment in a new de­vel­op­ment in Schuttdorf, for €580,000 through Mark Warner. The flat is in the Lake­side Glock­ner Res­i­dences, a re­fur­bished for­mer ho­tel. Own­ers at the de­vel­op­ment have ac­cess to a shared swim­ming pool, well­ness fa­cil­i­ties and a bar and restau­rant. “There’s a rental man­age­ment scheme in place and there are pro­jected net yields of 6 per cent for own­ers, fol­low­ing com­ple­tion in De­cem­ber,” adds Gale.

He ad­vises that lo­ca­tion is ev­ery­thing: prices on this side of the wa­ter in Thumers­bach – op­po­site the town – are around 50 per cent lower, mean­ing you can find bar­gains on the same pris­tine lake. In north­ern Italy’s Lake Como, for ex­am­ple, prices are higher on the sun­nier, western side of the lake – home to Ge­orge Clooney, among oth­ers – and at the south­ern end where there are more ameni­ties and bet­ter ac­cess to Mi­lan.

The so-called “golden tri­an­gle”, the

A house on Lake Como, €23m with En­gel & Völk­ers, main and be­low

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