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Prime Properties

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Prime Properties Group develops luxury homes in exclusive European regions, including the Kitzbühel Alps, Lake Tegernsee, the Mediterranean coast, and Portugal. Its residences combine local architectural traditions with contemporary design.

Also known as Prime Properties Group

Investors · 1

Company profile

researched Aug 2026

Prime Properties Group is a European luxury residential developer that plans, builds, furnishes and decorates homes in vacation destinations, primarily the Kitzbühel Alps in Austria, Lake Tegernsee in Bavaria, the Mediterranean (Ibiza) and Comporta in Portugal. The company describes an end-to-end development process that begins with selecting a plot and continues through construction, floorplan design, material selection and final finishes, with the stated aim of delivering complete homes rather than houses.

Its project portfolio includes Sonnfeld Lodges in Jochberg and Kaiser Lodges in Going am Wilden Kaiser (both designated for touristic use), Green Suites in Kitzbühel city, and a Farm-Estate at Tegernsee with 1,266 sqm of living space on a 60,000 sqm plot. Additional listed projects, marked as upcoming or sold, include Gams Lodge and Reith Mountain Estate in Reith bei Kitzbühel and an Alpine Hideaway (Freizeitwohnsitz) in St. Johann in Tirol. Unit sizes range from roughly 71 sqm apartments to estates of nearly 1,900 sqm.

Alongside development, the group offers architecture and interior design services under the Philicima Design brand, which covers plot selection, project development, furnishing, home staging and decoration.

Business model

The company acquires plots, develops residential projects and sells the completed units to private buyers; some projects are designated for touristic use or as secondary/leisure residences. It also provides architecture and interior design services through its Philicima Design unit.

Revenue from the sale of developed residential units and estates, complemented by interior design and related services.

Traction

Company figures cite 500m in property value built, 44 units built and 23 units sold. The Green Suites project in Kitzbühel is reported to have generated more than EUR 10 million with construction service providers located an average of 22 kilometres from the site, securing employment for about 304 people. The company also reports record sales on an approved building project at Oberleitenweg in Kitzbühel in June 2025.

Latest developments

In February 2026 the company reported that its Green Suites development in central Kitzbühel had generated more than EUR 10 million in local value creation and secured employment for about 304 people, with construction service providers an average of 22 kilometres from the site. In June 2025 it announced record sales for an approved building project at Oberleitenweg in Kitzbühel.

Full profile — market position, go-to-market, geography, history

Market position

A niche developer of high-end vacation residences in a small number of exclusive Alpine and coastal European markets, reporting 500 million in property value built, 44 units built and 23 units sold.

The company positions itself around integrated, in-house delivery from plot selection through construction, furnishing and decoration, and on designs that combine local architectural traditions with contemporary elements.

Go-to-market

Direct marketing of individual development projects via the company website, with property exposés provided on request through an inquiry form; projects are listed as upcoming, available or sold.

Affluent private buyers of second homes and vacation residences in exclusive European destinations, including buyers seeking properties approved for touristic use or as leisure residences.

Geography

Projects are concentrated in the Kitzbühel region of Tyrol, Austria (Jochberg, Kitzbühel city, Going am Wilden Kaiser, Reith bei Kitzbühel, St. Johann in Tirol) and at Lake Tegernsee in Bavaria, Germany. Stated destinations also include Ibiza and Comporta in Portugal, and the company acquired its first project in Saint-Tropez, France in 2023.

History

The company reports having spent more than two years screening and preparing the Saint-Tropez market before acquiring its first property there in June 2023. In June 2025 it announced record sales from an approved building project at Oberleitenweg in Kitzbühel, and in February 2026 it reported results from the Green Suites development in Kitzbühel.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average distance of construction service providers from Green Suites siteFeb 202622 km
HeadcountAug 202613
Local employment secured by Green Suites projectFeb 2026304 employees
Local value generated by Green Suites projectFeb 202610,000,000 EUR
Property value builtJan 2026500m
Units builtJan 202644 units
Units soldJan 202623 units

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Feb 2026
Green Suites Kitzbühel development reports local value creation

The Green Suites development in central Kitzbühel generated more than EUR 10 million with construction service providers an average of 22 kilometres from the site, securing employment for about 304 people.

source ↗

Jun 2025
Record sales on approved building project at Oberleitenweg, Kitzbühel

The company reported record sales from the sale of an approved building project at Oberleitenweg in Kitzbühel.

source ↗

Jun 2023
Prime Properties acquires first project in Saint-Tropez

After more than two years of market screening and preparation, Prime Properties Group acquired its first property in Saint-Tropez.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Prime Properties do?
Prime Properties Group develops and sells luxury vacation homes in Kitzbühel, Tegernsee, Ibiza and Comporta.
Who are Prime Properties's investors?
Prime Properties's investors include BLN Capital.