Hotel property with development potential in a scenic location of Bad Gastein

Property Description

The property in question is an existing 3-star hotel in an elevated scenic position of Bad Gastein in the Salzburg region. The hotel is located on the outskirts of the traditional spa and tourism town and sits on a spacious, sunny plot with views of the Gastein Valley and the surrounding alpine landscape.

Bad Gastein is internationally known for its thermal springs and has year-round tourist demand. In addition to winter tourism, the town is particularly established as a spa and wellness destination and additionally benefits from a strong summer occupancy due to hiking and nature tourism.

Property & Building

The hotel is situated on a plot of approximately 4,588 m². The footprint of the existing building is approximately 844 m².
The building extends over a total of six levels and consists of a basement, a ground floor, three upper floors, and an attic. The existing structure is designed to accommodate up to 100 guests.

Rooms & Accommodation

Currently, a total of 54 rooms and apartments are available, including nine staff rooms. The majority of guest rooms have their own balcony.
All rooms are equipped with a bath or shower/WC and feature televisions with satellite reception, telephone, radio, and hairdryer. Depending on their location, the rooms offer views of the Gastein Valley or the surrounding mountain landscape.

Common Areas & Infrastructure

The basement contains ski rooms with heated ski boot dryers as well as technical and storage rooms.

The ground floor includes the reception, a restaurant with around 90 seats, a spacious kitchen with cooling and storage rooms, as well as seminar and event areas. Additionally, there is a billiard room, fitness and therapy rooms, and a wellness area with sauna and massage areas.
The existing spaces allow for not only traditional hotel operations but also usage for seminars or smaller events.

Thermal Water & Wellness

A key feature of the property is the direct access to a natural hot mineral spring with a temperature of around 45 °C in the immediate vicinity of the hotel.
The thermal water is already utilized for therapy and wellness areas and represents a central location advantage for spa and wellness tourism in Bad Gastein.

Development and Expansion Opportunities

The attic of the building is currently unused and has an area of approximately 500 m². According to the available exposé, there are various opportunities for structural further development, including the expansion of the attic, an additional floor, or additional building parts.
A more comprehensive redevelopment of the site is also fundamentally conceivable, depending on the respective project and operator strategy.

Summary

The property represents a hotel property in an established tourist location and combines an existing accommodation structure with a generous plot, available wellness and seminar infrastructure, and direct access to thermal water in the immediate vicinity.
Due to the existing condition and the outlined development opportunities, the property is suitable for the continuation of hotel operations as well as for gradual further development.