Other in St. Leonhard im Pitztal

Nestled between the Pitztal Glacier and the popular Hochzeiger ski resort, this property, with its sunny, south-facing panoramic location, presents a rare opportunity for investors and project developers. Originally designed as a designer hotel, the building is in need of modernisation and offers a wide range of possibilities for repositioning and future-oriented use.

Set on a plot of approx. 1,142 m², the building spans five storeys with a total usable floor area of just under 1,376 m². The property currently comprises 14 apartments, each of approx. 45 m², and two spacious flats, each of approx. 65 m². The existing layout provides a solid foundation for a variety of usage concepts – ranging from a revitalised accommodation facility or an apartment block to the creation of attractive residential units or a combination of different uses (subject to regulatory approvals).

The existing facilities include a restaurant area with a conservatory, a lounge with a fireplace and a library, a seminar room, and a wellness area featuring a sauna, steam room and relaxation room. The accommodation is complemented by a billiards room, a ski room, four staff rooms with en-suite bathrooms, a passenger lift, and ample storage and utility space. Ample parking is also available.

The sunny south-facing position, the generous glazing of the conservatory and the existing wastewater recovery system all contribute to energy-efficient use. The excellent location in one of Tyrol’s most attractive year-round destinations provides the ideal foundation for the sustainable further development of the property.

A property with significant potential for value appreciation and development – ideal for investors who wish to rethink existing structures and realise attractive residential or tourism concepts.

Purchase price: €995,000.00

Incidental purchase costs:

As per the supplementary sheet and in particular

3.5% land transfer tax

1.1% land registry registration fee

3.0% plus 20% VAT success fee payable to Tirol Real Estate GmbH

Costs for the drafting of the purchase contract and escrow services in accordance with the solicitor’s fee schedule plus out-of-pocket expenses

St. Leonhard im Pitztal is one of Tyrol’s most renowned tourist destinations and boasts an attractive location in the heart of the Ötztal Alps. With the Pitztal Glacier and the Rifflsee ski area, the municipality offers a year-round destination with guaranteed snow and high tourist demand. In summer, visitors can enjoy a wide range of hiking, cycling and mountain experiences around the Wildspitze, Tyrol’s highest mountain.

The infrastructure includes numerous accommodation and catering establishments, local shops, public facilities and good transport links via the Pitztal road to the district capital Imst and the Inn Valley motorway. The combination of alpine natural landscape, excellent leisure facilities and year-round tourism makes the location particularly attractive for hotel businesses and tourism investments.