Two Experiences of Luxury. Vibrant & Serene.
Ultra High Luxury
Lech am Arlberg
Facts & Figures
38
Hotel Rooms
92
Staff Apartments
€85.3M
Total Investment Volume
€104.3M
Target EXIT
Concept
Club with 2 Hotels + Staff Housing
Category
Ultra High Luxury
Structure
Holding with 3 PropCo's & 1 OpCo
Revenue Model
Mountain Lodge: Management Case
River Lodge: Buy-to-Let Case
Staff House: Lease Case
Key Investment Terms
Equity & Ticket
Projected equity: EUR 25,0 Mio.
Ticket Size: EUR 5,0 Mio.+
Closing: Q1–Q3 2026
Investment period: 5–7 years
Return Profile
Preferred return: 5% p.a.
Profit share: 70%
Target cash multiple: 1,7x
Target IRR: 12%
Exit: 2030–2032
Direct co-investment alongside sponsor (no fund structure)
Project Schedule
2026
Fundraising TVL · Acquisition HoldCo · Acquisition Staff Housing · Permitting Phase
2027–2028
Construction Phase · Permitting Phase (cont.)
2028–2030
Operating Phase · Sale Phase River Lodge
2031 (EXIT)
Exit Mountain Lodge & Staff Housing
Executive Summary & Opportunity
The Village Lech GmbH & Co. KG delivers an ultra-luxury hospitality and real estate platform in Lech am Arlberg—capitalizing on limited supply, restrictive zoning, and strong year-round demand.
Dual-Property Concept
Repositioning of two complementary assets under a global ultra-luxury brand: The Mountain Lodge (new-build, Oberlech) & The River Lodge (repositioning, Lech Village). Together they form a seamless Owners' Club with cross-property amenities.
Operational Edge
Long-lease or ownership of staff housing secures reliable labour and enhances employer appeal.
Capital Recycling
A Buy-to-Let model for River Lodge suites monetizes individual units, freeing capital, reducing equity needs, and improving investor returns (MOIC, IRR).
Target Audience
Family offices, UHNWIs, and entrepreneurial families seeking stable income and value-add potential in a trophy alpine destination.
Market & Brand-Positioning
Premium Alpine Context
Lech ranks among Europe's top-tier resorts—on par with Courchevel, St. Moritz and Gstaad—combining world-class skiing, limited supply, and year-round appeal.
Superior Accessibility
Excellent links via Innsbruck, Zurich, and Munich airports; private airstrips and 25–40 min helicopter transfers.
Global Brand Leverage
Drives stronger performance through ADR uplift, greater pricing power, and higher occupancy via global distribution—enhancing visibility among international HNW clients and supporting superior exit yields post-stabilization.
The River Lodge: Lech Village
  • Former Hotel Elisabeth, directly beside the iconic Hotel Post — former residence of royalty
  • 20 luxury suites (35–110 m²)
  • Restaurant: 50 indoor + 50 outdoor seats
  • The River Bar: The region’s premier new hotspot
  • 300 m² spa & wellness: Saunas, indoor/outdoor pool, gym
  • Strategic location: Beside romantic creek; 5-minute walk to Rüfikopfbahn (gateway to Zürs / St. Anton); central to fine dining, après-ski, upscale shopping
  • Optimized for active Holidays, private gatherings, and alpine lifestyle
The Mountain Lodge: Oberlech
  • New-build on former Hotel Burgwald site — first property encountered in Oberlech arriving from the piste
  • 18 suites (35–90 m²)
  • Restaurant: 100 indoor + 100 outdoor seats on expansive sun terrace directly on the ski slope
  • Bars: Indoor/outdoor areas, including pop-up bar
  • 900 m² spa & wellness: Saunas with valley views, indoor/outdoor pools, gym
  • Exclusive amenities: Wine cellar with cigar lounge, indoor golf simulator, cinema, expansive kids’ areas Prime positioning: True ski-in/ski-out at 1,800 m with direct piste access to Petersbodenbahn (up to 3,200 rides/hour, Lech’s busiest lift)
  • Pristine car-free environment with fresh mountain air
Staff House
  • 92 apartments owned or long-leased
  • Secures reliable labour supply, consistent service excellence, and operational stability in a structurally constrained housing market
Exit Strategy
Two-Phase Capital Realization
1
Phase 1 (Years 1–3)
Sale of subdivided River Lodge suites at ~3.25% yield generates profit and recycles ≈ 50% of portfolio value, reducing equity needs and boosting returns.
2
Phase 2 (Years 5–7)
Institutional exit via sale of Mountain Lodge + staff housing at 4.5–5.5% yield—delivering a core-plus luxury hospitality asset under a leading global brand.
Base Case – Projected Investor Return
~12% IRR | 1,65x MOIC (based on Year 3 of Operation)
Partial freehold apartment sale (~3,3% yield) · Institutional core sale (~4,5%–6% yield)
Alternative Case – Long-Term Hold Strategy
Alternative stabilised income-focused strategy. Equity materially reduced post River Lodge sale.
Stabilised Return Profile: ~18% recurring annual cash-on-cash return
Contact
Equity Partner Real Estate GmbH
Dorotheergasse 12, 1010 Vienna
finance@equitypartner.at
+43 1 361 60 60
Disclaimer
This investor memorandum is for information only and does not constitute an offer, solicitation, investment advice, or recommendation. The information is based on sources deemed reliable, but no liability is assumed for completeness, accuracy, or timeliness. Forecasts and forward-looking statements are subject to change and uncertainty; past performance is no guarantee of future results. Real estate investments involve significant risks, including partial or total loss of capital. Investors should review the entire Memorandum, including appendices, and seek independent legal, tax, and financial advice. This Memorandum is intended only for selected investors in a private placement, may not be distributed without the issuer's written consent, and does not constitute a prospectus under the Capital Market Act. Each investor is responsible for compliance with applicable laws. The issuer may amend the information at any time without notice.