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The base camp is Gasthaus Panyhaus at N48°40.357' E013°58.792.
Say P=Panyhaus, R=Raeuberhoehle, L=Liebesfelsen, C=cache.
dist(P,C)=1.23km, dist(R,C)=2.52km, dist(L,C)=2.02km, dist(P,L)=1.13km, d(P,R)=1.31km.
The cache's coordinates are
N??°??.*** (You will find *** near Liebesfelsen at N??°??.250' E???°??.896')
E???°??.*** (You will find *** near Raeuberhoehle at N??°??.772' E???°??.276')
The terrain P-R-L is rated **, arround the cache it is rated ****.
If you don't find the cache, be sure you have enjoyed the location.
The cache contains logbook, pencil, a game, a bird whistle, a frog, a piece of Murano glass, a rattleback.
(No hints available.)