Buying Ski Property: Choosing your Resort

08 Sep, 2016 by Investors In Property
ChamonixOne of the largest considerations when buying ski property is what you are going to use it for. Will you rent it out? Will you be heading out there for weekends? Spending the whole season? Is it going to be your full-time residence? The answers to these questions will have a huge impact on which resort you decide to buy in.

Rental management properties are everywhere, but if you’re buying with the intention of renting, you’ll need to look at the yields of whichever resort you’re looking at. With that in mind, somewhere in the Trois Vallees will have good rental returns, and luxury buyers can get the most for their money in Zermatt or Verbier.

If you’re looking for a property you can spend weekends at, you’ll want to be within two hours of an airport to make sure transfer times are as easy as possible. Ideally, the shorter the better, so places near Innsbruck in Austria are great choices. Chamonix and Megeve are both an hour from Geneva, and therefore very weekendable destinations. Buyers looking at the topmost end of luxury property could also look at Verbier, which is only 20 minutes from the currently private Sion Airport.

When it comes to spending a whole season in a resort, it’s important to find somewhere with enough going on in the resort that you won’t get cabin fever. Val d’Isere and St Anton are often mentioned as some of the best places in the world to spend a season. Look at resorts with good snow records and life off the slopes when it comes to buying in a resort where you’ll be spending whole winters.

A full time residence is an entirely different concept; factors that need to be considered here include whether you’ll be able to get to work, if you’re commuting, and whether the resort is a practical place to live year round. Resorts that support full time residence are usually towns first and foremost. Places like Samoens, Megeve and Chamonix in France, Interlaken in Switzerland and Innsbruck itself in Austria are all good choices if you’re looking for a year round property close to the slopes.

Whatever it is you’re looking for though, be it investment property or a full time residence, our ski property experts can help you find it.
 
 
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