Great article in CEO Today magazine offering hints and tip about buying a property in the Alps. The feature focuses on the French and Swiss Alps and talks about the best places to invest in Alps property.
There are comments and properties from Home Hunts and some of our partners in the mountains
Tim Swannie of luxury buyers’ agent Home Hunts suggests looking at resorts where there has been infrastructure investment, as this is often followed by capital uplift in property prices.
“Megève in the French Alps is undergoing numerous improvements to its skiing domain, fuelling the steady price increase we are currently observing. Over €85m was invested in new gondolas and snow cannons to help lengthen the season, and we’re seeing that the boosted potential rental return is starting to attract more investors.”
In Megève, this beautiful 6-bedroom chalet in the quiet area of Rochebrune, complete with several balconies to make the most of the views, is currently on the market with Home Hunts for €5,400,000. More details here.
“Also emerging is the town of Chamonix, whose 2.5 million visitors per year (of which about half come during the summer) guarantee a strong potential rental return. Like Megève, the town is currently undergoing major modernisation works and has already committed to a €477 million plan over the next 40-years. This already had a clear impact on the market: we saw prices going up by 2.3 percent in the 12 months leading to June 2018.”
In Chamonix, this 3-bedroom chalet with beautiful views over Chamonix Aiguille and access to a private terrace is currently on the market with Home Hunts for €865,000. More details here.