Andermatt Swiss Alps AG notes a sustained high demand for residential property in the mountains. The company plans, builds and develops the year-round destination Andermatt. The new district of Andermatt Reuss will be built according to a master plan by 30 international architectural offices, it says on their website.
Six apartment houses are currently under construction, according to Andermatt Swiss Alps AG in a media release. 36 of the 46 apartments are already reserved. After the snow melts, the construction of two more houses will begin. In the past few months, several houses around the Piazza Gottardo have grown in height. Some of them were already sold out in the shell construction phase or only had a few apartments left.
In the coming months, the infrastructure base, known as the podium, on which the new buildings are located, will be expanded further. The next expansion will cover around 19,000 square meters and offer space for 16 houses. In addition, it is planned to start preparatory work for the third hotel in the summer.
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