If you want to buy a hotel in Switzerland, you are facing a complex but rewarding investment. The Swiss hotel market offers attractive opportunities, yet the acquisition process requires careful preparation, sound market knowledge and expertise in legal and financial matters. This article gives you a structured overview of the process, the permits required and the financing options when buying a hotel in Switzerland.
The hotel purchase process: from selection to handover
Successfully buying a hotel in Switzerland follows several strategic phases. The first step is identifying suitable properties. Location, market positioning, the condition of the building and earnings potential all play a central role. A thorough market analysis and due diligence are essential to minimise risks and recognise potential clearly.
After selection comes the valuation phase, in which all financial, legal and operational aspects of the hotel are examined. This includes balance sheets, contracts, regulatory requirements and the structural condition. Professional support at this stage gives you strategic clarity and prevents costly surprises. Purchase agreements are then drafted, financing is arranged and the handover is prepared operationally.
Permits: what to consider when buying a hotel in Switzerland
Acquiring hotel properties in Switzerland is subject to specific legal requirements. Particularly relevant is the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG, often called Lex Koller). This act defines the conditions under which foreign persons and companies may acquire real estate in Switzerland. In principle the acquisition requires a permit, although exceptions may apply to certain commercial properties.
The permit requirement is assessed by the cantonal authorities and can be handled differently from canton to canton. It is therefore essential to contact the responsible offices early and to submit the required documents in full. Besides the BewG, other permits are relevant as well, for example for construction, operation and trade. Thorough knowledge of local regulations and a reliable network with the authorities make the process considerably easier.
Financing: strategies and funding options for hotel purchases
Financing a hotel purchase requires a well-thought-out structure of equity and debt. Banks usually expect a substantial share of equity before financing the project. They assess not only the buyer’s creditworthiness but also the hotel’s earning power and market position.
An important point of contact for financing is the Swiss Society for Hotel Credit (SGH). This institution promotes investment in the accommodation sector and offers favourable loans for projects that contribute to structural development and sustainability. The SGH requires a certain share of equity and assesses each project in the context of the overall situation. Pure restaurant businesses are excluded from this support, whereas hotels are generally eligible.
In addition to the SGH, classic bank loans, investor capital and alternative forms of financing are available. A strategic review of the financing, tailored to your individual situation and investment goal, is decisive for long-term success.
Special considerations for international investors
International buyers face additional challenges when entering the Swiss market. Besides the permits under the BewG, tax aspects, local market conditions and intercultural particularities must be taken into account. A local partner with in-depth market knowledge, direct access to the authorities and a strong network is invaluable here.
Topics such as lump-sum taxation, relocation and local representation can be decisive for a smooth process. Your operational capacity after the acquisition must also be secured so that you can develop your investment quickly and efficiently.
Conclusion: successfully buying a hotel in Switzerland
Acquiring a hotel in Switzerland is a demanding investment that requires sound expertise, strategic planning and reliable partners. From choosing the right property and the permit procedures to financing, many factors need to be considered. With professional support, a strong network and practical advice, risks can be minimised and potential used to the full.
If you are planning to buy a hotel in Switzerland, it pays to rely on expertise and local market knowledge. This lays the foundation for sustainable growth and long-term success. We are happy to support you with our experience and our network, competently, discreetly and with a practical approach.
Frequently asked questions
As a foreign investor, do I need a permit to buy a hotel in Switzerland?
Yes. In principle, the acquisition of real estate by persons abroad is governed by the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG). Whether a permit is required depends on several factors, such as the type of property and your legal form. We recommend contacting the responsible cantonal authority early to clarify the permit requirement for your specific project.
What financing options are there for buying a hotel in Switzerland?
In addition to classic bank loans, the Swiss Society for Hotel Credit (SGH) offers favourable loans for hotel projects that contribute to structural development. The SGH requires a certain share of equity and assesses each project individually. Private investors, alternative forms of financing and strategic partnerships can also contribute to the financing.
How long does the process take from decision to completion of a hotel purchase?
The duration varies depending on the complexity of the property, the permit procedures and the financing structure. As a rule, you should expect several months, from due diligence and permit procedures to notarisation and handover. Professional support and careful preparation can speed up the process and avoid delays.
What role does the choice of location play when buying a hotel?
The choice of location is decisive for the long-term success of your hotel. Factors such as tourist appeal, accessibility, competition and regional economic development have a major influence on earning power. A sound location analysis and market knowledge help you assess the potential realistically and make strategically sound decisions.
