Andermatt Swiss Alps is the hottest destination in Switzerland right now. The sustainable ski/golf/mountain living resort in the mountains in the centre of the country achieved record property sales last year and that’s set to increase with the recent launch of two more luxury apartment buildings. Buy while you can…
A recently published report revealed that Andermatt Swiss Alps made a total of CHF 76.9 million in 2020 from its property sales, an increase of approximately 25% from 2019 and the highest figure in the resort’s history.
While the pandemic continues to have devastating impacts on global tourism, the demand for Andermatt’s luxury alpine residential properties has continued to rise. The majority of apartments in the Frame and Alma buildings, which launched in the summer of 2020, were sold out within several weeks, and there are only a few residences left in the resort’s newest buildings, Koya and Altera, which launched in March.
The open-plan living room in one Altera’s apartments
The interest is partly due to the rare investment opportunity (it’s difficult for foreigners to be able to buy apartments Switzerland), but also thanks to the resort’s development as a thriving year-round destination.
Since the start of the project in 2007, a total of more than CHF 1.2 billion has been invested to transform what was once a sleepy ski village into one of the most exclusive and dynamic alpine resorts. It’s part of central Switzerland’s largest linked ski area which offers high-altitude cycling and hiking routes in the summer, and home to luxury hotels such as The Chedi Andermatt as well as slope-side Michelin-starred restaurants.
The interiors of Koya’s apartments are inspired by Japanese design
Koya’s stylish, Japanese-inspired, mezzanine-style apartments are already sold out, but Altera offers twelve, equally beautiful residences for contemporary Alpine living. Each room has been carefully designed to maximise natural light and highlight the staggering views of the surrounding mountains through tall, floor to ceiling windows. The building also features a communal ski room, residents’ lounge with an open fire, a spin studio, sauna, and relaxation area.