Econova – Buy to let versus Freizeitwohnsitz – December 2017
Article of lawyer Dr. Axel Fuith: Buy to let versus holiday residence
Buy to let versus holiday residence
By an investor model the opportunity to set up upscale hotel projects is created.
This leads to security for the investor through registration of the investor’s ownership of the real estate (condominium) in the Austrian land register.
Article of the firm the the magazine ECONOVA: eco_recht2017
Die Presse – Luxury Living – the magazine for exclusive living – October 2017
Guestcommentary of lawyer Dr. Axel Fuith: ZONE PLANING Issues – a robust budget isn’t often sufficient for luxury winter residencies. At some places the boundaries are frequently not of a financial nature, but rather official regulations are an issue.
TT – 22. Juni 2017
Guest commentary of attorney at law Dr. Axel Fuith:
Leisure Residences: Quo Vadis?
TT – 27.1.2017
The perfidy of inheritance- and compulsory portion
On 1.1.2017 the new inheritance law became effective. Essential amendments in the field of inheritance law and compulsory portion law constitute high risks. Attorney at law Dr. Axel Fuith informs.
TT – 1. April 2016
No new leisure residences on farms.
Land transfer expert Dr. Axel Fuith warns against leisure residences to be enabled on farms. Within the ÖVP there occur severe debates.
TT – 24. December 2015
Apparthotel Drachenstein Wildschönau approved
Investor models in holiday resorts are booming, however criticism on hidden leisure residences is growing.
Zeitschrift Econova – December 2015
Leisure residences in hotel businesses.
The tyrolian regional planing act offers possibilities to create new leisure residence, also on previous special areas, reserverd for the hospitiality sector to build hotels. A requirement constitutes the threshold of 8 % proportion of leisure residences in the respecitve community, which must not be exceeded.
ORF – Tirol heute – 4. Novembre 2015
Contracts about regional planning objectionable from a legal point of view
Second- and leisure residences often exorbitantly raise the land prices in parts of Tyrol. Several communities therefore make use of regional planing contracts, which are obviously not legally unobjectionable.
TT – Recht im Alltag – 28. August 2015
Watch out while buying appartments!
TT.com – 15. July 2014
Total success for my italian clients.
Universität Bern, Recht & Wirtschaft- May 2014
How shall the initivative for second appartments be implemented?
Several departments of the law faculaty of the university Bonn are organizing a symposium concerning the swiss second residence legislation.
tirol.orf.at – May 2014
Foreign currency loans: Woman sues bank
Universität Bern – March 2014
Symposium about the swiss second-residence-legislation and about the limitations on land transfer in Tyrol.
Linde Verlag -Kommentar zum Tiroler Grundverkehrsgesetz – 20.12.2013
Book review about the tyrolian land transfer act.
The green land transfer is shaking, however has not fallen yet.
Article Econova – 20.12.2013
Saving while giving
The constitutional court has canclled a provision of the land acquistion act, because of a trivial occasional case. This cancellation is going to be in force as of May 31, 2014. Thus, the taxation of real estate gifts, especially within the family circle, is going to be raised dramatically by June 1, 2014.
Article Oberländer Rundschau – 10./11. April 2013
Reclassification of hotels into leisure residences
Legal trouble is going to be initiated concerning the former hotel Grinnerhof. The owner of the old hotel facilities takes a compensation claim in the mount of millions against the community Grins respectively mayor Thomas Lutz into consideration.
Article Tiroler Tageszeitung, Recht im Alltag – 15. February 2013
To give could be expensive in the future.
Since the abolishemnt of the gift tax only real eastate acquisition tax and register tax has to be payed for giving a real estate, However the costs of giving could raise.
Article Tiroler Tageszeitung – 1. August 2012
Hotel acquisition by Russians is EU-conform
EU-freedom of establishment allows acquisitions of hotels
Aricle Tiroler Tageszeitung – 18. July 2012
An expert has to clarify which building is seen as a builidung ruin.
The department for construction of the state Tyrol has cancelled the demolition notice of the city Imst concerning a sport-hotel, which has never been furnished and used.
Always ensure contracts to be examined!
Dispute on demolition notice for a hotel
In Hoch-Imst a hotel shall be demolished. The house was built in the 70`s, but the construction of the interiour has never been completed. The owner family deems the demolition notice to be pure arbitrariness and expropriation.
Econova – 3. December 2011
The large bible of leisure residences
Tiroler Tageszeitung – 24. June 2011
Register leisure residences in Tyrol
On July 1, 2011, the amendment of the tyrolian regional planning act becomes effective. Essential innovations in the area of regulations on leisure residences come into existence.
Econova – January 2010
“Do not be afraid of oligarchs”
Frankfurter Allgemeine Zeitung – 26. January 2009
The quiet discrimination of foreigners
The acquistion of a residential property in Austria is, from a formal point of view, straigthforward. However, in fact, foreigners have to face many discriminations. Especially in the popular state of Tyrol the barries are high.
Tiroler Tageszeitung – 13 September 2006
Tyrolean contests auction
Tyrolean under threat of auction for delaying start of building
Tiroler Tageszeitung – 28 June 2006
Proper cultivation can save farmland
Land law expert Axel Fuith feels that the fear of Tyrol being sold abroad is unfounded: land law works perfectly in South Tyrol.
Econova – November 2005
Land law – quo vadis?
One would be wrong to think that the “Lex Koller” is a law to provide everlasting protection to a Viennese musical star. This law is in fact the law in force in Switzerland on the acquisition of land by persons abroad.
ECHO – October 2005
The Swiss approach
Land law. Switzerland plans to remove restrictions on the purchase of holiday homes – Attorney Axel Fuith on a possible message for Tyrol.
Frankfurter Allgemeine Sonntagszeitung – 21 August 2005
Off to the Alps
Germans need plenty of patience to acquire a holiday home in Austria
Frankfurter Allgemeine Sonntagszeitung – 29 February 2004
The second wave is now coming
As the next generation replaces the last, more residential property is coming onto the market in Tyrol. But there are still things that foreigners need to watch
Kurier – 24 September 2003
ECJ makes buying a farmhouse easier
Approval requirement upheld but the need to farm the land is abolished.