Released on: October 7, 2008, 4:09 am

Press Release Author: Christina Tagel

Industry: Real Estate

Press Release Summary: Luxury Investments Ltd. is pleased to announce the launch of
its new website www.EliteAlps.com focusing on properties in Austrian tourism
hotspots.

Press Release Body: London, Oct 7th, 2008 -- The site www.EliteAlps.com 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”.

Especially locations like Kitzbühel, two hours west of Salzburg, have seen an
astonishing real estate boom, with wealthy Russian individuals buying Villas,
Chalets and Luxury Apartments. Moscow’s major Yuri Luzhkov is an unofficial owner of
a luxurious property in Kitzbühel. Roman Abramovich, billionaire and owner of
London's Chelsea Football club, has shown an interest in a €15 million estate in the
Salzburger Land region with 24,000 square metres of land.

Luxury Investments is very confident that EliteAlps.com will be a huge success, as
the small country, that everybody outside of Austria connects with “Sound of Music”
is famous for its unique combination of quality cultural offerings, tradition and
unspoiled landscapes. Austria is located right in the center of Europe, three hours
from Prague, one hour to Bratislava, one hour to Munich, 2.5 hours to Venice, 1.5 to
Zurich. Living in Vienna, till 1918 the capital of the Austro-Hungarian Empire, now
global music capital, means going to the world famous Vienna Opera House in the
evening or enjoying the “New Year´s Concert of the Vienna Philharmonic” at Jan 1st
each year, which is broadcasted to more than 50 countries and over two billion
people. A three hour drive west of Vienna is Salzburg, the birth place of Mozart,
scenery for “Sound of Music” in the 1960s and mostly well known for hosting the
“Salzburg Festival” each year attracting thousands of celebrities from all over the
world due to its world class program of classical music, opera and theatre. That
Californian Governor Arnold Schwarzenegger was born in Austria, as well as “Red
Bull”, the energy drink, was founded there, is also contributing to Austria´s
ongoing popularity and one of Luxury Investment´s bet on good business.

For additional information on the news that is subject of this release, contact
Kristiina Tagel, or visit www.elitealps.com.

About Luxury Investments Ltd.:
Luxury Investments Ltd. is a real estate brokerage firm, and the real estate portal
www.EliteAlps.com focused on Austrian Luxury Real Estate, with partners in the UK,
Germany, Austria, Estonia and Russia.


Web Site: http://www.elitealps.com

Contact Details: Contact:
Christina Tagel, director of public relations
Luxury Investments Ltd.
+44 203 239 3215
georg.singer@sbg.at
http://www.elitealps.com