The Rental Concept

AlpenParks only builds new ski resorts in regions that allow freehold property ownership, where the owner rents out their property for part of the year. We are also the only developer in Austria that continues to manage the resort on behalf of the properties’ owners. We look after everything for you – all you need to do is decide when to visit!

Austrian planning regulations have restricted the number of new developments that can be built on the mountains, in order to preserve the ski slopes. The remaining new mountain resorts that have planning permission will be managed and built by AlpenParks. This makes Hagan Lodge a rare opportunity to purchase a brand new mountain chalet on the ski slopes before no more resorts are built.

When you purchase a chalet at Hagan Lodge, your initial contract will be for ten years, however the arrangements are flexible, allowing you to use your property for private use for up to 12 weeks per year. At the end of ten years when the contract expires, you have the choice to continue to rent your property or to keep it exclusively for private use.

AlpenParks also operates its own holiday rental agency which works on behalf of owners to let and manage their properties, ensuring that they maximise revenue income. The agency retains 20% of rental income as commission (depending on the rental period) and works with all of the largest tour operators to achieve excellent lettings over peak ski and summer periods. If you wish to rent your property privately, you pay a reduced commission of 10% for maintenance purposes.

On average and based on the owner using their chalet for two weeks in peak season each year, after all maintenance costs, rental commission and taxes have been deducted, owners can expect to make approximately €18,000 (between 5.9% and 6.2% return) each year in rental income from their chalet at Hagan Lodge.

Rental income is paid quarterly in arrears, and across AlpenParks’ developments, rental income yields a return of between 6% - 7% per annum. Naturally, owners who choose to occupy their property during peak months reduce their income and the decision to do so will depend on the owner’s financial objectives. Even so, owners wanting to use the property during peak times are asked to provide as much notice as possible. However, AlpenParks know that skiers need flexibility – with just two weeks’ notice, the company’s rentals agency can normally accommodate owners’ desire to hit the pistes.

This rental concept is simple, profitable and very flexible.