F&V Capital Group acquires management of the Olympic Village in Sestriere

F&V Capital Group consolidates its presence in the real estate and tourism sector with a new major operation: the acquisition of the prestigious Sestriere Olympic Village, one of the most iconic hotel and residential complexes in the Italian Alps.

Built to accommodate athletes and delegations during the 2006 Winter Olympics in Turin, the Olympic Village is now one of the most important hospitality facilities in the entire Italian mountain landscape. Located at an altitude of 2,035 meters, in the heart of the ViaLattea—one of the largest ski areas in Europe (400 km of slopes)—the complex stands out for its modern architecture, impressive size, and ski-in/ski-out location directly on the slopes.

With this acquisition, F&V Capital Group aims to enhance the property through a strategic relaunch plan focused on luxury tourism, mountain real estate, and the institutional investment market.

The end of previous RTA restrictions and lease agreements now opens up new development prospects for the entire complex, which can be converted and repositioned in a contemporary key.

The goal is to transform the Olympic Village into a new benchmark for alpine hospitality, with an approach that combines sustainability, innovation, and a high-end mountain lifestyle.

SESTRIERE OLYMPIC VILLAGE – INVESTMENT ANALYSIS

Below is a detailed analysis of the complex, including technical, structural, and financial characteristics, as well as an assessment of its investment potential and future development prospects.

1. General Overview

Location: Via Sauze di Cesana 14, Sestriere (Turin, Italy)

Altitude: 2,035 meters above sea level

Property Type: Hospitality & Mixed-Use Complex – 4-star Resort

Construction Period: 2004–2006

Total Land Area: 73,190 m²

Built Volume: 113,162 m³

Classification: 4-Star Hotel (Regional Authorization – Piedmont)

Previous RTA Restriction: Expired in 2016 – property can now be sold and redeveloped free of regional

hospitality constraints.

Lease and Time-Sharing Contracts: Fully settled; termination effective as of December 20, 2027

(approx. 400 agreements transacted).

2. Property Description

The Sestriere Olympic Village was purpose-built for the 2006 Turin Winter Olympic Games,

designed to host athletes and delegations at the highest international standards.

The complex represents one of the most significant Alpine hospitality assets in Italy, combining

architectural quality, large-scale facilities, and a prime ski-in/ski-out location.

The property comprises seven main buildings:

• Blocks A–F: Residential and hospitality accommodations

• Block G: Central services and amenities (reception, restaurant, bar, gym, spa, theater, offices,

and back-of-house facilities)

All residential blocks are connected via internal heated tunnels, allowing movement throughout the

complex without exposure to outdoor conditions.

A striking glass and copper gallery, symbolizing the Olympic rings, dominates the ski slopes and

defines the architectural identity of the property.

3. Accommodation Structure

Total residential units: 313

Total bed capacity: 1,182 guests

Each apartment is fully furnished, featuring a bathroom, living room, kitchenette, and a panoramic

terrace overlooking the ski slopes.

All units include heated underground parking and private ski storage.Breakdown by Building and Unit Type:

				Building Studios One-Bedroom Two-Bedroom Total Units
A	29	48	1	78
B	8	24	8	40
C	8	24	8	40
D	8	24	8	40
E	4	16	6	26
F	9	164	76	249
Total	66	216	31	313

Unit Sizes and Capacities:

• Studios: 34–53 m² – 132 beds

• One-bedroom apartments: ~43 m² – 864 beds

• Two-bedroom apartments: ~60 m² – 186 beds

4. Common Areas & Facilities

The complex offers a full suite of high-end amenities and services:

• Main reception lobby and concierge area

• Restaurant and pizzeria (industrial kitchen – 300 kW gas)

• Bar and multiple lounges

• Indoor heated swimming pool

• Gym and wellness spa (sauna, Turkish bath, jacuzzi, beauty center)

• Conference/theater hall

• Underground parking with dual access (Blocks A and F)

• Heated internal tunnels connecting all areas

• Independent power substation (MT/BT) with two 1000 kVA transformers and UPS backup

• Centralized fire detection and alarm system

• District heating and Siemens Desigo automation system

• CCTV surveillance and access control

• Satellite TV and telecommunications infrastructure

5. Technical & Maintenance ConditionThe property is in excellent structural and operational condition.

No urban, cadastral, or technical irregularities are reported.

All systems are fully functional and regularly maintained under active service contracts.

A complete replacement of smoke detection systems is scheduled for April–May 2025.

The property can be considered turnkey operational, requiring minimal capital expenditure for

relaunch or repositioning.

6. Market Valuation

Valuation Methodology: Comparative Synthetic “Per Room” Method (IVS – EVS – RICS standards)

Calculation Summary:

• Average cost per room: €120,000

• Total rooms: 313

• Replacement Value: €51,200,000

• Depreciation (19 years): ~12%

• Current Market Value (2025): approx. €45,000,000

7. Strategic Outlook & Investment Potential

The Sestriere Olympic Village offers exceptional redevelopment and repositioning potential across

several investment scenarios:

1. Conversion into a branded 4★/5★ Alpine Resort operated by an international hospitality

chain.

2. Residential redevelopment into serviced apartments or luxury mountain residences for sale

or seasonal rent.

3. Institutional hospitality investment, producing stable income under a long-term

management or lease agreement.

4. Mixed-use Alpine hub, integrating sport facilities, wellness tourism, and corporate event

functions.

The asset benefits from its location within the ViaLattea ski area—Europe’s fifth-largest ski domain

(400 km of slopes)—and from its continuous exposure through international events such as the FIS Ski

World Cup and the Torino 2025 Winter Universiade.

Its brandability, accessibility, and size make it a strategic platform for investors seeking to enter or

expand within the Alpine hospitality and lifestyle real estate market.

8. Key Figures Summary

Indicator Value
Total Market Value (Current)	€45,000,000
Replacement Value (New)	€51,200,000
Total Units	313
Total Beds	1,182
Land Area	73,190 m²

Potential Redevelopment Value €65,000,000+

Expected Yield (Post-Conversion) 8–10% gross annual return (estimated)

9. Executive Summary & Investment Perspective

The Sestriere Olympic Village stands among the largest privately available alpine hospitality

assets in Italy.

Its scale, strategic location, and existing infrastructure make it a core investment opportunity for

institutional investors, hospitality operators, and development funds.

Freed from previous RTA and lease restrictions, and supported by robust infrastructure (district

heating, automation, independent utilities), the property offers flexible investment models—from a

direct hospitality operation to a phased residential conversion or branded resort development.

With a current market valuation of €45 million and an estimated redevelopment potential

exceeding €65 million, the Sestriere Olympic Village is positioned as a unique, large-scale

investment opportunity in the European mountain real estate and tourism market.