Premium-segment resort project with a year-round focus, located directly next to the mountain railway
Lot size: approx. 25,000 square meters
Location: Premium location in the immediate vicinity of the mountain railway and ski area
Category: At least 4 stars
Capacity: Approx. 500 beds
Focus: Active vacations (skiing, hiking, biking), alpine relaxation, wellness
Highlights: Spacious wellness area with alpine panoramic views, high-quality architecture in alpine style
Concept: Year-round active resort
Hotel operator: International hotel operator
The project is situated in a prime location within one of Austria’s most renowned Alpine tourist regions. Its immediate proximity to themountain railway and ski areas offers a wide range of recreational activities in both winter and summer, underscoring the resort’syear-round appeal. The plan is to develop a high-quality resort in the premium segment, with at least a 4-star rating and approximately 500 beds. The concept combines Alpine authenticity with modern, elegant design. A spacious wellness area withpanoramic views of the surrounding mountains forms a central part of the project and offers ideal conditions for rest and relaxation. The offering is complemented by high-quality dining as well as a wide range of leisure and activity options. The resort is planned tobe operated by a renowned international hotel operator.
Status
A term sheet for the acquisition of the project property has already been finalized. A building permit has already been obtained; however, a modification notice (amendment approval) is required to implement the planned project. The purchase will be madewithout payment of a cash purchase price. Instead, EPH Group AG or the acquiring project company undertakes to provide the sellerwith a certain number of parking spaces free of charge in an underground parking garage to be constructed at its own expense. The final purchase agreement is scheduled to be concluded following the successful completion of the detailed due diligence review still to be conducted by EPH and is subject to various conditions precedent, in particular the approval of the necessary amendments tothe existing permits. In the coming months, the project will be further developed and the conditions for its implementation will beestablished.