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22 April 2015 | Hotels

Christie + Co instructed to sell hotel in Salzburg Alps

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A unique and superb opportunity to acquire a stunning alpine hotel in Salzburg, Austria, has been presented to the market by specialist hotel property adviser Christie + Co.

The 3-Star Active Hotel Wildkogel is located close to the Hohe Tauern National Park, Krimml Waterfalls, and the Wildkogel and Zillertal-Arena ski resorts. 

The property initially had 29 bedrooms but recently underwent a renovation scheme in which eight additional bedrooms were created. All of the rooms are cosily furnished and offer all the amenities expected from a high-quality establishment. The hotel also accommodates a restaurant with a bar, outdoor terrace, a spa and a ski storage room.

The current owner, a newcomer in the hotel industry, has appointed Christie + Co to sell the hotel in order to spend more time with his family.

Lukas Hochedlinger, Managing Director of Austria & CEE at Christie + Co, comments: ""The hotel is suitable for experienced hoteliers as well as for those wishing to enter the hotel industry.”

He adds: “Due to the optimal management and lucrative contracts with tour operators which can be taken on in case of interest, the hotel achieves a stable income. The occupancy rate is around 80% throughout the year.”

Christie + Co is marketing the property at €970,000. The proposed transaction encompasses the operator-free hotel property with facilities and grounds and is free of commission for the buyer.