Investment Opportunity: Alpine Coaster by Joseph Wiegand 6/10 Tandzaghbyur Street, Tsaghkadzor, Armenia
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01. Project Idea
Creating a new facility for active recreation in Tsaghkadzor: Alpine Coaster by Joseph Wiegand (Phase 1 of the project), as well as a themed scenic restaurant in the mountains (Phase 2 of the project).
MoreInvestment Opportunity: High-Speed Toboggan Track Project (Rodelbahn)
Armenia, Tsakhkadzor, 6/10 Tandzaghbyuri Street.
Success Factors for the Project:
1. Excellent location of the future facility.
2. Uniqueness of the service.
3. High popularity of Tsakhkadzor city as an all-season resort with well-developed infrastructure for active recreation.
4. High rating of the city by international hotel operators, exemplified by the presence of the "Marriott*****" resort.
5. Tourist traffic exceeding 1.35 million people per year.
6. Higher profitability (profit margins) of Rodelbahn projects compared to other active leisure facilities.
7. Risks associated with project implementation can be minimized and managed using standard means. -
02. One of the three most popular ski resorts in the CIS 2022-2023
Yerevan (center) - 1 hour (60 km) Yerevan “Zvartnots” Airport - 1 hour 15 minutes. (70 km) Sevan (resort town) - 20 min. (25 km) Dilijan (resort town) - 1 hour (60 km)
MoreActive recreation center No. 1 in Armenia
Developed tourist infrastructure
- > 70 hotels, including Marriott
- Ski slopes - length >30 km, elevation difference 853 m
- Cable car - length 1.4 km, height 276 m
- Zipline – maximum height 130 m
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03. Plot characteristics
Registered right to plots of 0.5805 hectares and 0.6983 hectares
Morest. Tandzakhbyuri 6/10, Tsaghkadzor, Armenia
1. Cadastral number: 07 - 005-0023 -0267
- Site area (ha): 0,5805
- Purpose: forestry
- Type of registered right: lease
2. Cadastral number: 07 - 005-0023 -0265
- Site area (ha): 0,6983
- Purpose: specially protected areas
- Type of registered right: lease
The legal owner of the land plot is PARK LOP LLC. Legal basis for registration: Lease agreement dated October 16, 2019 No. 8385. Certificate of state registration of rights to real estate confirmed dated October 21, 2019.
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04. Developed tourist infrastructure
> 70 hotels, including Marriott
More
Ski slopes - length >30 km, elevation difference 853 m Cable car - length 1.4 km, height 276 m Zipline – maximum height 130 m
Analysis and statistics
- Developed tourist infrastructure
- > 70 hotels, including Marriott
- Ski slopes - length >30 km, elevation difference 853 m
- Cable car - length 1.4 km, height 276 m
- Zipline – maximum height 130 m