Shop in city Ramsau am Dachstein
467.00 sq.m.

€ 999 000
THE PROPERTY:
At the ski and summer destination of Gosau am Dachstein, in the heart of the Austrian Alps, the Swiss investment company Benesteem develops an exclusive shopping mall for a total of 5 high-quality stores, situated at first-class "1A" location. The mall will be operated as a "Managed Center" and host shops of the trade sectors fashion, shoes and leather goods, jewelry and watches, regional arts and crafts, and wine and spirits. This sector mix represents those goods which are mostly sought-after by high-spending guests during their vacations. Typically, value-per-piece is high, and shops can expect a good turnover even on a limited shop floor space.
The distinctive element of the mall is the arrangement of the shops along a stylish covered walkway with large window fronts inside the building, like at the Fünf Höfe mall in Munich or the Galleria Vittorio Emanuele in Milano. Shoppers may stroll there undisturbed and enjoy their shopping independant of weather conditions.
Currently there is no comparable property or shopping opportunity in Gosau. At present, the project is unrivaled. The shopping mall is located in the immediate neighbourhood of the alpine ski pistes and the main funicular valley station, directly in the touristic center of the Gosau valley and the Dachstein-West ski region. All major hotels and apartment houses are within short walking distance.

THE PROFITS:
The project is suitable as a commercial income property for long-term direct investors, looking for both continous rental income and inflation protection in one of Europea's top safe-haven jurisdictions. Additionally, a long-term appreciation of the property's value can be expected, because of the long-term price trend for Austrian real-estate in general and the special situation of Gosau as an prosperous holiday destination.
Based on a total investment amount of approx. 1 Mio. Euro, we forecast a pre-tax return (EBIT) of 6,43% annually. There is no sales commission; the property is sold directly from the owner/developper.
By this property, the investor participates in the decades-long, unwaned uptrend in Austrian tourism and benefits from an international diversification of the shoppers' purchasing power.

THE DESTINATION:
Gosau, a charming alpine village located in the Austrian Alps 60 kilometers southeast of Salzburg, is a dynamically growing summer and winter holiday destination, with excellent potential for further development and appreciation of real-estate properties. Although a holiday destination since the times of Emperor Franz-Josef I., who often visited Gosau for summer excursions and hunting, Gosau has preserved the character of an authentic mountain village until today. There is no mass tourism, authorities and the tourist office promote quality tourism with the target group of well-spending individual travellers.
Gosau is situated in a wide, sunny and snow-sure high valley of about 750 meters altitude, which is surround at all four sides by large mountain massifs. At present, the village has approx. 1.900 inhabitants and about 2.200 guest beds. During the last tourism year, Gosau achieved approx. 300.000 overnight stays, plus additionally about half a million day trippers. The number of guest arrivals in Gosau during the period 2007-2017 rose by more than 73%, far more than the total of +43% for all of Austria.
Gosau is located in the heart of the UNESCO World Heritage Region "Hallstatt Dachstein Salzkammergut" - distinguished as World Cultural Heritage and World Natural Heritage. In total, the region atracts more than two million guests per year from all over world, with a clear upward trend.

Location of the property on the map

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