Investors looking for a ski property this season should look no further than the French Alps according to the recent Alpine Property Market report from Savills.
Over the last decade, the popularity of Alpine properties has risen significantly with ski properties accounting for nine percent of holiday home purchases between 2009 and 2011.
Meanwhile, the report highlights that France is still the most visited ski location in the Alps, maintaining resilient apartment and chalet prices thanks to continued rental demand from tourism, despite the effects of the economic downturn.
Due to Alpine resorts developing a summer tourism infrastructure, property owners can now benefit from both summer and winter returns.
Business development manager Charlie Williams of Terresens, France’s eco-friendly property developer, said: “French ski property is a sound choice for any property hunter. “Interestingly, the report from Savills identifies that around 62 percent of the market is driven by buyers seeking lifestyle and investment benefits and France is home to a number of famous ski destinations that afford both.
“Moreover, the report also suggests that there are opportunities for owners with ski property in prime locations to capitalise on high rental demand.”
Further data revealed in a Ski Resort Report from The Post Office, shows that France is one of the more reasonably priced ski options.
When it comes to a price breakdown on hiring ski equipment, classes at Ski School and lift passes based over five to six days, France beats its popular ski rivals Switzerland, Canada and the US with a total of £436.80 compared to Switzerland’s £571.54 ski costs.
Edited from an Article by Fly to Let
Property International Now Ltd has many French Ski investment properties