Francesco Clark: The Other Side of the Mole Hill
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Private Austrian Lake For Sale
Filed under: Real Estate Developments
A rare piece of real estate is up for sale. The Mondsee or Moon Lake is one of the last privately-owned lakes in Austria and enjoys a secluded location in the mountains of the Salzkammergut region near Salzburg,. The small lake is a little less than a mile wide and close to seven miles long. The owner Nicolette Waechter is ready to sell the property which has belonged to her family since the 18th century. She receives rental income from those who rent out each piece of land, bankside or pier. She grew tired of the amount of work required to manage the land and called the Austrian Federal Forestry Service, which owns many lakes in the country. They made an offer to manage the lake for her for free for two years and before making an offer to buy. She has refused that offer but has many others to consider. Rumors put the potential price of the lake at about 16 million euros.
[Thanks, Lana]
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