Art Nouveau Villa for sale in Vienna - €5 million

A new website marketing luxury properties launched this week - EliteAlps.com The site focuses purely on properties in the tourism hot spots in Austria. People who are interested in buying property overseas find a selection of luxury properties, castles, villas, chalets, apartments and houses, in Vienna, Lake Attersee, Salzburg, Kitzbühel, Zell am See, St. Anton and Ischgl. EliteAlps.com is the first Real Estate Website offering Austrian properties in Russian and English. In the near future an extension by Arabic, Danish, Polish and German is planned.

Luxury Investments Ltd. sees plenty of opportunity in the Austrian Luxury Real Estate segment. Due to Austria´s attractiveness as a tourism destination, hosting more than 50 million people each year, this county is the global tourism capital, per capita putting it ahead of any other country in the world. This popularity has also shaped Austria´s real estate market. “Anything goes” seems to be the motto since a change in regulations has made it easier for foreigners to acquire properties in the Alpine Republic. In hot spots like Vienna, Salzburg, St. Anton or Kitzbühel property prices have skyrocketed in the last years. Despite the present real estate crisis those Austrian places seem to stay untouched as an increasing number of wealthy individuals from Russia, UK, Germany, Poland, Israel and Arabic countries is acquiring a second home in the center of Europe. Georg Singer, CEO of Luxury Investments Ltd. says, “Despite the present tension in real estate markets we are recognizing an unexpected number of requests for high end properties. Demand is often outstripping supply”. More on Austrian Luxury Real Estate - Multilingual website launches

In a significant development that clearly validates the attractiveness of Gulf Holding’s signature project ‘Downtown Al-Areen,’ the company stated that it had successfully sold out two entire residential towers of Boulevard North, a key component of the development, within a mere hour of the opening of the Invest in Bahrain exhibition being held on the sidelines of the Gulf Air Bahrain Grand Prix.

Located within the heart of Dowtown Al-Areen, Bahrain’s first true downtown district, in the Boulevard North, both these residential towers comprise thirty, 1,2, and 3-bedroom apartments each.

Commenting on this record sale, Ahmed Al-Ameer, Vice Chairman & CEO of the Gulf Holding Company said: "The record sale of two entire residential blocks within the Boulevard North component of our Signature project Downtown Al-Areen, for $26 million almost immediately after the opening of the Invest In Bahrain exhibition, in which we are participating, is a clear vindication of the investor confidence in not just the project but also our credentials and business model.

"Such overwhelming investor response towards the project has further enthused us to surge forward and intensify our efforts for the creation of projects and investor opportunities that are not just highly differentiated but also boast the highest levels of innovation and quality," Al Ameer added.

More on Gulf Holdings Sell Two Towers Within an Hour of Release in Bahrain