Hot off the press – Knight Frank/Mountain Base Ski Property Report 2018/19
Our annual ski property market report makes for good reading if you are a homeowner or looking to invest in the French/Swiss Alps. The full report can be found below but here are the main highlights for Chamonix 2018:
News in brief:
Snowfall – Enquiry numbers strengthened as snowfall reached record levels – 5 metres in some resorts, double the amount recorded the previous season.
French economy – Rising consumer sentiment following Macron’s presidential victory in 2017 and improving economic indicators fed through into buyer enquiries with French resorts in demand.
Growing markets – increasing interest from northern Europeans, in particular Scandinavian and Benelux buyers has lifted sales rates.
Emerging markets – Asia’s strong rate of wealth creation and a growing appetite for travel amongst its high net worth individuals, as well as the increasing popularity of winter sports could bolster global demand from China. The rise in wealth globally, in places such as Latin America, Russia, the Middle East and Eastern Europe will also contribute to growth.
Investment commitments in the Chamonix Valley –
- A new lift will replace the Marmottons and Tabe chairlift at Grands Montets
- A new 10-seater gondola at Flegere will replace the old one,
- Le Tour lift station will be renovated by winter 2018/19,
- The opening of La Folie Douce Hotel in December 2018 on the former Club Med site
- €477 million 40-year investment plan for Chamonix
Click on the image below to open the report:
For further information or to discuss your alpine search, please contact any of our team:
Matt EDELSTEN
matt@mountain-base.com
+33 4 80 96 50 01
Oonagh MACKENZIE
oonagh@mountain-base.com
+33 4 80 96 50 01
Andy SYMINGTON
andy@mountain-base.com
+33 4 80 96 50 01
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