Hot Spots in the Luxury Ski Market 2016
Where to get more bang for your buck in the Alps
In a recent comparative report by property specialists Knight Frank, they've taken a look at 15 key ski resorts across the French and Swiss Alps to compare some of the key factors that are particularly of interest for people buying luxury properties.
For example, how much does 1 million € buy you in luxury ski property? (Based on typical values in June 2016).
How much annual change has there been in prices in this market? Resorts in the 3 Valleys, Chamonix and Val d'Isere have fared particularly well in the last 12 months.
Factors influencing the decision on where you might buy property - distance from the airport, cost of ski passes, height of the resort and number of pistes, length of season.
Key findings from the report:
Buyers are hunting for value, the appetite for better value resorts such as Chamonix and St Gervais is strengthening
Continual investment in a resort’s infrastructure is critical; Val d’Isere, Verbier and Chamonix stand out as best in class
Gstaad leads the 2016 Alpine Property Index, prices have accelerated due to a severe lack of stock
Aparthotels will become more prevalent as developers in Switzerland look to find ways to accommodate Lex Weber’s second home cap
Thanks to Mountain Base - Knight Frank for the information. Read the full report here or find out more about buying a property in Val d'Isere.
