A unique development site in the center of Bad Gastein, one of Austria’s most historic spa and tourism destinations, is offered for sale.
The property comprises approximately 20,285 m² and provides the opportunity to develop a high-end 5-star hotel project with around 120 rooms, residences and a spacious spa area, with a gross floor area (GFA) of approx. 21,000 m².
The project concept envisions a modern interpretation of a terraced alpine village: several buildings follow the natural topography of the hillside and blend harmoniously into the alpine landscape.
A special highlight of the property are the private thermal springs, offering ideal conditions for an exclusive wellness and spa concept.
Project Status
Key planning documents are already in place and the project has received positive preliminary approval from the municipality, including:
- Zoning and development plan
- Building massing study
- Building volume study
- Gross floor area (GFA) verification
Further project documentation is available in the project planning folder.
The building permit still needs to be obtained.
Location
Bad Gastein is one of the most renowned alpine spa and tourism destinations in Austria, known for its Belle Époque architecture, long spa tradition and unique natural resources such as thermal springs and the famous healing gallery (Heilstollen).
The destination is currently experiencing a dynamic tourism revitalization, making high-quality hotel developments particularly attractive investment opportunities.
Investment Highlights
✔ Prime location in the center of Bad Gastein
✔ Large development site (20,285 m²)
✔ Project for a 5-star hotel with spa and residences
✔ Private thermal springs on the property
✔ Positive coordination with the municipality / planning studies available
✔ Strong international tourism destination
Please note that there is a close familial or economic relationship between the broker and the client.
The agent acts as a double broker.
