3 STAR HOTEL, Switzerland

Renovation 1991: extension banquet and conference hall.

Property:        the property is divided as follows:

                        Plot 1234 wit app. 4.500 m² – hotel and hall

                        Plot 1229 with app. 10.789 m² – park with grotto

                        and forest

Room offer:    9 single rooms

                        16 double rooms

                        1 large apartment with 3 double rooms

                        Total 45 beds

Restaurants:   “Bündnerstube” with 40 seats

                        “Arvensaal” with 45 seats

                        Conference and banquet hall: banquet up to

                        250 persons,

                        Conference up to 350 persons

                        Theatre seating up to 400 persons

                        Gallery to banquet hall for group works, lectures and as lounge suitable

Official assessment:   time value of building:   CHF 6.678.800,--

                                   market value of building and land: CHF 3.966.850,--

Sales price:                 CHF 4.200.000,--

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