Andermatt – An excellent investment opportunity in the heart of the Swiss Alps

Once a historic Swiss village, Andermatt is a thriving alpine destination in Switzerland, drawing in many overseas and high-net-worth investors from across the globe. Its rare combination of unrestricted foreign property ownership, outstanding amenities and picturesque landscapes makes it an attractive investment choice.

To understand Andermatt’s investment appeal, we spoke with Widya Lestaluhu, who possesses a wealth of real estate experience in Southeast Asia and currently leads a team of sales professionals at Benham and Reeves, one of London’s best property firms.

Why invest in Andermatt – Conversation with an experienced property agent

Q- What, in your opinion, helps Andermatt stand out from other global property hotspots?

Widya- Drawing from my decade of experience in international real estate, I can confidently say that Andermatt is a hidden gem! Various data shows that Andermatt is a leading luxury property hotspot in today’s market. In fact, my first visit to this Swiss town proved to be more than just a vacation – Andermatt became a place that restored my spirit!

Q- How would you describe Andermatt’s lifestyle for residents and visitors?

Widya- Andermatt is more than just a ski destination. The slopes are world-class and every member of the family has something to explore here – regardless of the season. The kids will definitely enjoy the indoor pool; I prefer unwinding at the spa and my husband enjoys the championship golf course.

For visitors, accessibility is key — Andermatt is 90 minutes from Zurich^, strategically situated in the heart of the Swiss Alps. Its location on the famous Glacier Express route makes it effortlessly accessible.

Q- How will Andermatt’s property market evolve in the next five years?

Widya- Demand is consistently increasing amongst overseas investors thanks to ongoing upgrades and investments in Andermatt’s infrastructure, hospitality and lifestyle. This Swiss mountain haven is set to solidify its position as one of the world’s top alpine real estate markets thanks to complete ownership rights, solid capital growth potential and full access to premium resort amenities.

Q- Any advice for investors considering entering Andermatt’s property landscape?

Widya- For first-time investors, I recommend working with trusted advisors who understand this market and the long-term value proposition of owning a property in Andermatt.

Andermatt- A prime Swiss investment destination

Andermatt is one of the only Swiss alpine destinations that allows discerning buyers to purchase and resell properties without restrictions. With solid capital appreciation and a robust rental market, Andermatt is an exceptionally lucrative opportunity for high-net-worth individuals (HNWIs) seeking a lifestyle upgrade and a lucrative financial investment.

Accessible location

Andermatt’s prime location ensures seamless connectivity — strategically situated in the heart of the Swiss Alps, Andermatt is just a 90-minute drive from Zurich International Airport^, two hours from Milan and the iconic Lake Como^, four hours from Munich^ and a direct stop on the Glacier Express. Andermatt Train Station further offers convenient rail routes year-round.

A billion-Franc transformation

Andermatt is undergoing the largest development project in the Alps – with CHF 1.55 billion (HKD 13.34 billion) already invested and an additional CHF 500 million planned for further enhancements.

Some of the key developments include –

• 42 apartment buildings with contemporary residences
• Six luxury hotels, including The Chedi Andermatt and Radisson Blu Reussen
• Three Michelin-starred restaurants
• An 18-hole championship golf course
• A 650-seat concert hall
• 180 kilometres of ski pistes with 33 ski lifts

Andermatt’s real estate landscape

Andermatt’s property market is consistently showing excellent capital growth.
Since 2012, property values here have surged by 51.4%, with demand continuously outpacing supply. Unique advantages include –

• Zero restrictions on foreign ownership or resale
• No Second Home Act limitations (unlike other Swiss resorts)
• Low tax combined with no inheritance or gift tax
• Favourable lump-sum taxation scheme
• Overseas buyers have access to Swiss mortgage financing

With prices starting at just CHF 850,000*, Andermatt offers Hong Kong investors a unique opportunity to own property in Switzerland’s fastest-growing alpine market, complete with ownership flexibility.

Thriving rental demand

Unlike other mountain hotspots that rely solely on winter tourism, Andermatt is a year-round destination. Knight Franks’ recent Alpine Property Report 2025 suggests that 44% of alpine property buyers prioritise year-round property investment destinations – solidifying Andermatt’s proposition.

Certain amenities contribute to solid holiday rental demand here. These include 180km of groomed pistes, world-class off-piste skiing, 500km hiking trails, championship golf and luxurious wellness retreats. Additional highlights include wellness facilities, indoor pools, freeride skiing, high-altitude training on Gemsstock and a pristine alpine environment with fresh air and unspoiled landscapes.

Tax and legal advantages for international buyers

A highly favourable tax and legal environment appeals to many high-net-worth individuals (HNWIs) to Andermatt. Investors don’t have to pay any stamp duty on property purchases. They are exempt from inheritance and gift tax and the Lex Koller and Lex Weber regulations – resulting in zero restrictions on foreign ownership. International buyers also benefit from the Swiss mortgage system.

Andermatt – A premium investment for Hong Kong-based buyers

Whether seeking a private alpine retreat or a high-performing investment, Andermatt offers an ideal balance of exclusivity, financial growth and some of the best lifestyle benefits. If you’d like to leverage this rare opportunity and learn more about the best investment opportunitiest in Andermatt, Swiss Alps, contact Benham and Reeves Hong Kong today.

To buy or not to buy non-local off-plan properties? Assess the risks before you buy! 境外樓花買唔買？計過風險先好買！ *Prices and details are correct at the time of going to press. ^Travel times are an approximation only, sourced from Google Maps and may reference driving, public transport, cycling and/or walking times. URI Cantonal Authorities planning permission: 2008-798. Lease Term: Freehold. Purchasers are acquiring an interest in the land, the building to be erected thereon and/ or a right to use and occupy the properties in the building. Estimated Completion Date: From Winter 2024. Computer-generated images for illustrative purposes only. Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. The non-licensed staff engage in estate agency work exclusively in relation to properties outside Hong Kong and they are not licensed to deal with any property situated in Hong Kong. Property reference number: BRHK-CH230801. Last update: 4 Mar 2025. Benham and Reeves (Hong Kong) Limited License No. C-092169.