Saas-Grund - Development site with approved second homes, a scarce commodity in the Saas Valley

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Description

Rare Development Opportunity in Saas-Grund with Approved Second Homes This property represents an exceptional opportunity for investors and developers: a former hotel with fully approved conversion into second home residences. In a highly regulated alpine market where new second homes are extremely limited, this asset offers a strategically attractive development opportunity. The combination of a central location, open mountain views and an already approved concept creates ideal conditions for the development of high quality second residences. Property Highlights Location: Central yet quiet setting in the village core, at the municipal and church square Development potential: Approved project for second home residences Scarcity: Strongly limited supply with high demand in the region Condition: Well maintained property, last modernised in 2022 Orientation: Sunny exposure with open mountain views Outdoor areas: Terrace and balconies with high usability Additional value: Existing five room penthouse apartment Parking: Garage and outdoor parking spaces available Property Description The property has been operated as a hotel and currently includes 23 beds, restaurant areas and ancillary spaces. However, hotel operations are not the primary focus. The core value lies in the already approved conversion into second home residences, significantly reducing development risk. This makes the asset particularly attractive for investors targeting a scarce and high demand segment in the Saas Valley. The existing structure allows for an efficient transformation into multiple residential units. Both condominium sales and a mixed use strategy with personal use and rental are feasible. Location and Surroundings The Saas Valley is an established year round destination in Valais. Proximity to Saas-Fee and the Kreuzboden Hohsaas cable cars ensures strong year round demand. Due to strict regulations on second homes, supply remains highly constrained, positioning this type of asset as a rare opportunity with strong value potential. Interested? Contact us for further information or arrange a viewing appointment directly. You can find more attractive properties in Switzerland at: www.coming-home.ch

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