We all use Hapimag and say yes to the cooperative idea “Invest together – enjoy individually”. We can be proud of our unique community, where every member contributes. You can see here what your annual charge is used for.
Almost half of the annual charge is used for renovations and repairs at the 58 resorts
The annual charge is also used for personal service and administration
It is also used to cover the costs of taxes, duties and insurance as well as the national subsidiaries
In this way, Hapimag places great emphasis on sustainable and customer-focused management
What renovations are planned?
Planned renovations and repairs include:
Major projects over several years:
Hapimag Resort London is currently being completely renovated. Most of the work has been completed. Our goal is to reopen the resort at the beginning of the second quarter of 2020
- Major investments are planned at the Hapimag Resorts Paguera and St. Michael. The start of the building work in each case will depend on when planning permission is granted
Refurbishment in Unterkirnach
Revamping of the apartments and implementation of the legally required accessibility in Antibes
- Start/planning of underground car park renovation in Winterberg and Marbella
Smaller investments and acquisitions:
Do you want to stay up to date?
How will the annual charge for 2020 be used?
Has the annual charge increased?
No, the annual charge has been stable for years. This is in spite of increasing prices, higher capital expenditure in our service and the resorts, and the strong Swiss franc.
In Swiss francs, the annual charge in 2020 is at CHF 338.40 comparatively even significantly lower than the 372.60 in 2015. It is CHF 34.20 (-9.2%) lower than five years ago. These reductions were necessary due to the currency situation in order to keep the annual charge stable for shareholders in the EU area.
In euros, the annual charges remains therefore at EUR 311.67 and has decreased by EUR 2.28 (-0.7%) since 2015.
The graph below shows the change in the annual premium you have paid over the last five years.
Discounts on annual charges
If you have three or more active shares, you will receive discounts on your annual charges.
This brings down the annual costs per share.
Three to four shares will earn a discount of 5%, five to six shares a discount of 10% and seven shares or more a discount of 15% on all annual charges.