Tuesday, January 11, 2011

PROPERTY IN THE FRENCH ALPS

Many UK people visit the French Alps on holiday every year for their annual skiing holiday, but why do they keep coming back? Are you on the lookout for a French ski chalet? Then you need to do some research and learn the market conditions since there are over a hundred resorts that France has to offer. You get to choose from a wide range of ski properties that suites the tastes of all types of investors and sports enthusiasts alike.

The last five years has seen the total property market grow consistently with an estimated 1.5 million Britons taking winter sports holidays in the 2009-2010 season. This has proved beneficial to prospective property buyers who let out their properties. This is because of the growing demand from the visiting tourist skiers for better accommodation and other luxury amenities, the properties are now being built with high quality standards. This has left back the chalets and apartments of the previous years to remain in their place. The old apartment buildings and hotels are being bought and getting transformed into latest design chalet style structures.

The French Alps are a skiers paradise and the region does get sunshine too. The climate is pleasant for tourists who can enjoy activities like mountain biking, canyoning, hiking, etc. Investing in property in such a region can yield year round rentability. Therefore, for your investment, make a careful choice of the resort which is favorable in both seasons.

Of course ski resorts generate high returns in the winter season but look into what the property can fetch in off season. A resort can be more appealing if it has other features than just slopes. Restaurants, bars, shops and cafes' can be more attracting and there should be something for the non-skiers too like snow-show hiking or sledging, water rafting, etc.

The villages are at a lower altitude and the weather suitable for skiing is relatively short. Make sure there are linked to high altitudes via lifts or cable cars so the tourists have more options to spend in their winter holidays.

The ski resorts which are near to airport has an influence on the prices. The French Alps are within an hour's drive from Geneva and tourists and visitors are common in the weekends. The well established resorts such as Chamonix, Val d'Isere and Maribel are the expensive lot with jaw dropping prices. Still you can find spots with reasonable prices and which have nearby access to the airports with a pleasant atmosphere all the year through.

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