Posted Mon Sep 28 16:35:00 UTC 2009

On Saturday, the 26th of September 2009, Sawiris officially launched construction for the new tourism-resort in Andermatt. Phase number one features a luxury hotel, a PGA golf course and all the infrastructure of the resort. The hotel is expected to open its doors in 2013 followed by more luxury hotels, apartments, villas, leisure and sport facilities. Andermatt, already known for some advanced skiing will be developed into a state-of-the-art ski, golf and wellness destination. A former military used area will be transformed into a jewel of alpine heaven featuring fine living and sporting beside of all amenities of a charming alpine village. With its close proximity to Zurich and Milan which are only a 2 hour drive away, Andermatt will become a meeting point for people living on both sides of the Alps. It will feature the luxury and uniqueness like St. Moritz, but on a more affordable level. Important to mention is the fact that interested buyers of apartments and/or villas can purchase their property without being effected by ‘Lex Koller’ law, what regulates the purchase by foreigners.

Posted By: Peter Rabitz