Andermatt Swiss Alps AG sells a third more apartments
Andermatt Swiss Alps AG sold 100 apartments in the Andermatt Reuss holiday village this year. This corresponds to an increase of a third compared to the previous year.
Andermatt Swiss Alps AG continues to see high demand for holiday apartments in the new Andermatt Reuss part of the village. The Andermatt-based company has completed a total of 420 units since construction began in 2007. 408 of them have been sold, 100 of them in the current year alone, according to a press release . That is another increase in sales of more than a third compared to 2020.
In the coming months, the company will hand over 130 new apartments around Piazza Gottardo to the owners. The place is on an infrastructure base called a podium. This is to be expanded to 20,000 square meters in order to be able to build more houses.
“This is one of the largest construction projects in the Alps and enables us to expand the Andermatt Reuss part of the village by a further 16 apartment buildings and two shopping streets with retail and gastronomy offers,” CEO Raphael Krucker is quoted as saying in the media release.
Two houses will go on sale this winter. Haus Elva will accommodate eleven apartments, each with up to four bedrooms. 18 apartments with one and two bedrooms are being built in Haus Mira.
Andermatt Swiss Alps AG plans, builds and develops the year-round destination Andermatt in the Alps. At the end of the day, the project should encompass a total of 2000 residential units with up to 10,000 beds in apartment buildings, hotels and chalets.