2020 brought us a lot of unpleasant surprises. Many people not only had to forget about a ski vacation for a long time, but also put off larger expenses, including buying real estate in ski resorts. This fact gives us valuable time to think again about the purpose and necessity of such investments. Let's discuss whether the game is worth the candle.
As a rule, most people buy apartments and houses in ski resorts for themselves. Unlike investment projects in the UAE and Thailand, buying a Chalet is primarily interested in the buyer who wants to go on vacation himself and bring family and friends there.
But regardless of your income level, any investment must be justified. Knight Frank has conducted a study, the results of which may help to make a final decision. So, according to their data, the number of tenants of ski houses increased by 25% compared to 2005. And this is about 90% of buyers!
Therefore, you should not reject the possibility of investment, even if the property is bought for yourself. There are a number of universal rules that you should rely on when selecting a project:
reliable object that is easy to check;
potential for a long - term increase in the cost;
low dependence on seasonality;
high liquidity of the market;
a proven management company;
easy access (outside of extreme events like Covid-19);
stable currency market;
low mortgage interest.
You should be aware that real estate in ski resorts from the Rocky Mountains to the Alps is unlikely to generate income comparable to apartments in major cities in Germany, which have risen in price several times over the past decade.
However, in the resorts of Courchevel and Val d'Yser two-bedroom apartment rental income has increased from 2% to 3% in 10 years. The increase was largely due to summer tourism, which reduced the problem of seasonality.
In Chamonix, the most profitable are apartments with one, two and three bedrooms. Also, this resort was previously considered year-round. The average booking period is 2-4 weeks. However, the average level of the chalet are also very popular.
Examples of real estate in ski resorts:
12 000 000 €
Chalet in Courchevel, France
938 sq.m
France
Savoie department, Rhone-Alpes region
Courchevel ski resort
New chalet in Courchevel
Stunning new 6-level chalet in the center of the elite ski resort of Courchevel.
Location: 1850 Courchevel
The area of the chalet is 938m2: 6 bedrooms with private bathrooms and dressing rooms, living room with fireplace, dining room, swimming...
INDOM
10 000 000 €
Hotel in Chamonix, France
France
Haute-Savoie
G.Chamonix
Hotel 4**** in Chamonix
A very famous, cozy hotel 4**** in the style of an Alpine chalet in Chamonix, next to the ski lift.
44 rooms: standard and luxury apartments.
Indoor swimming pool, SPA center with wellness and rejuvenation programs, fitness center, sauna, hammam, outdoor Jacuzzi,...
INDOM
16 000 000 €
Chalet in Courchevel, France
675 sq.m866
The modern chalet is located on the slope of the Alps in the ski resort Courchevel 1650. The chalet has a luxurious spa area with a swimming pool, Jacuzzi, steam and sauna. The chalet includes 6 bedrooms, 6 bathrooms, 2 living rooms, a terrace. Features: Mountain view Spa area Garage Elevator Ski-in/Ski-out rsi180866
NF Group
1 520 000 €
Flat in Courchevel, France
110 sq.m33
Exclusive development is a luxury residential complex of 7 apartments in Courchevel, in one of the most prestigious and affordable areas – Le Praz.
The complex is equipped with an elevator, all apartments include balconies.
Buyers can request a VAT refund (20%) from the asking price if they switch to the rental system.
rsi180024
NF Group
890 000 €
Flat in Courchevel, France
67 sq.m22
The chalets and apartments will be located in the heart of Courchevel in a new exclusive residential complex.
The complex will include 10 modern apartments ranging from 67 to 158 sq. m. m and 7 exquisite chalets ranging from 85 to 278 sq. m.
Commissioning date: Q4 2020.
rsi190086
NF Group
910 200 €
Flat in Courchevel, France
64 sq.m22
The apartments are located in a new residence in the heart of Courchevel, within walking distance of the ski slopes.The complex includes 7 double apartments with panoramic mountain views.All apartments include parking spaces and a storage room.The apartment has an entrance hall, a guest bathroom, a living room, 2 bedrooms, 2 bathrooms and a...
NF Group
1 050 000 €
Apartment in Courchevel, France
322
Luxury apartments are located in the heart of Courchevel. The apartment includes an entrance hall, an open-plan living room combined with a fully equipped kitchen and dining room, 2 bedrooms and 2 bathrooms.The price of the apartment includes a parking space.
NF Group
2 020 000 €
Flat in Courchevel, France
1 sq.m33
Luxury residence in Courchevel consists of a beautiful 10 apartments with 3 bedrooms. The residence is located in the heart of the Courchevel Moriond ski village with many shops, restaurants and access to the slopes.
Two 3-bedroom apartments (one of them is a penthouse) include a living room with an open plan kitchen, a bathroom and a storage...
NF Group
3 950 000 €
Chalet in Chamonix, France
317 sq.m55
The new luxury chalet is located in a closed guarded complex of 3 chalets with underground Parking. The chalet includes an open-plan living room, a spacious terrace, an indoor swimming pool, a home cinema, a bar and a SPA area with a sauna. The chalet is equipped with an elevator on all floors.
The chalet is located in the heart of the...
NF Group
1 400 000 €
Apartment in Chamonix, France
164 sq.m44
Spacious duplex apartment located in building 2 with amazing views of the majestic peak Les Drus and the part of the valley that leads up towards Le Tour. The size of this apartment is 164 m2 with 4 bedrooms, 3 bathrooms and 1 separate toilet. The living room and the upstairs bedrooms have got an impressive ceiling height with big windows...
Property Investor
2 300 000 €
Penthouse in Chamonix, France
206 sq.m44
This is a 206 m2 duplex penthouse with 4 bedrooms, one of which is a mezzanine / children’s bedroom. Accessed by an elevator arriving right next to the front door this apartment has a prime positioning in the residence covering the whole 3rd and 4th floor of building 7, overlooking the entire Mont Blanc mountain range and the beautiful...
Property Investor
945 000 €
Apartment in Courchevel, France
96 sq.m42
The apartments are located on the upper floors of a building located directly at the ski slope.
Apartments with an area of 96 sq. m. The apartments are located on 3 levels and include 4 bedrooms, a mezzanine of 23 sq. m. m and 2 bathrooms. There is also a south-facing balcony offering a magnificent view of the ski slopes. In addition, there is a...
NF Group
2 600 000 €
Apartment in Courchevel, France
116 sq.m3
Magnificent duplex apartments are located on the top floor of a popular residence in Courchevel 1850, near the center of the resort.
The apartments have high-quality finishes and include a fully equipped kitchen, a bright open-plan living room, 3 bedrooms and 3 bathrooms.
The apartment comes with an outdoor parking space, a garage, a basement...
NF Group
28 000 000 €
Chalet in Courchevel, France
88
The new chalet will be built in the popular area of Courchevel 1850, in a convenient location next to the ski slope and close to the center of the resort.
The chalet will combine the authenticity of a traditional mountain chalet with modern amenities and finishes of excellent quality.
The chalet consists of a large bright living room with dining...
NF Group
570 000 €
House in Chamonix, France
40 sq.m11
The elegant residence is located in the heart of the Chamonix ski resort in France. All necessary infrastructure, including shops, restaurants, is located 5 minutes from the apartment. The apartment offers incredible views of the Alps.
NF Group
980 500 €
Flat in Courchevel, France
50 sq.m11
The apartment, located in the center of Courchevel village, on the 6th floor of an elite residence, using high-quality materials, consists of an equipped kitchen, an open living room and a dining room. This apartment with a double bed, a corner with a bunk bed and a shower room can accommodate up to 4 guests, which is ideal for a family holiday....
The final choice of region or country may be more based on personal preferences. After all, each of them has a certain number of advantages.
The Swiss market is traditionally characterized by developed medicine, high-quality education, economic stability and General security. Ski resorts in France offer tax discounts when buying on the primary market, high market liquidity, and year-round demand. The Colorado market offers an extensive community of permanent residents, excellent access for foreign buyers, updated infrastructure, and an active cultural life.
Regardless of any arguments, the decision is always yours. Rely on your own flair and the season in which you want to come to your new home.
