As the ski season 2007/2008 in the last few weeks of winter, the Alpine real estate market continues to show positive results in popular ski resorts. The French Alps have long been great attraction for those who ski property to buy, and it appears that the British love of the great outdoors, so the prices upward despite a sluggish property market at home.
Recently published reports show that property prices in the ski resorts of Haute-Savoie by over 13% for re-sale homes in 2007, with some mountain destinations including price growth of over 20% over the previous year. According to the agency association FNAIM, the average price per square meter in the northern French Alps has almost doubled since 2002 and is now at Euro 4844.
Property in the French Alps is one of some of the most desirable and therefore the priciest locations in France and a large part of growth in the last 10 years by British buyers. The British now over 18% of sales of real estate in this part of the Alps 10 years ago, its market share by 2%. Property for sale in places such as Chamonix, Morzine, Les Gets, Megeve Samoens and is still highly desirable and a distinct lack of land, ensures that the demand for the French Alps will continue to excel.
Buyers are increasingly the choice of the northern French Alps because of the fantastic flexibility for a property in this part of France has to offer. The region is home to some of the largest ski and winter sport domains in the world, yet less than 50% of annual visitors to the Alps actually go to ski. The summer can be just as popular as the winter, with breathtaking scenery, a multitude of outdoor activities and enjoy a hot summer, if sometimes unpredictable climate. As a result of a property in the French Alps can provide for family holidays all year round. In addition to enjoying the summer and winter holidays in the region who are in possession of a property in the Alps, offers great possibilities for seasonal rental, the owners, to really benefit from their investment, and again many of the costs for their second home. Proximity to a major international airport in Geneva is another strong plus, low-cost and scheduled flights from the UK throughout the year and most places in the region of Haute-Savoie of the French Alps, you can in 1 hour to the airport .
The future of mountain each goal really depends on its ability to anticipate and adapt to customer needs. Property hunters in today's market to buy into a lifestyle product, they want to buy a ski property in a resort which has its alpine charm, provides access to a good and reliable skiing, but also has a lot to enjoy in the summer, with many character and a very old French Alps feel. The object has a spacious and comfortable mountain retreat, where the whole family can enjoy relaxing short breaks and longer stays. The northern French Alps, and in particular to the Haute-Savoie region are well coordinated in order to attract buyers and this formula is set out in the stunning price increases, which many of the objectives of a mountain in 2007, with the price per m² in Flaine / Les Carroz has jumped by 23% last year, La Clusaz, and by 22% across the Evasion Mont Blanc ski area by 22%.
With this high demand for ski property for sale, it is not surprising that a property sale in four in Haute-Savoie in mountain destination. The highest concentrations of UK buyers in the northern French Alps are in the Grand Massif, the Portes de Soleil, the Mont Blanc region and the three valleys ski resorts. In these areas of real estate in Chamonix and Megeve has always been a big draw for British buyers and the towns of Morzine, Les Gets and Samoens and all have been strong in the last 8 years. These objectives are in a good position to improve the quality and size of the property that the buyers are British, which, combined with the fascination of a year-round and attractive holiday destination.
Developers of new build property in the Alps have always heard the buyer "and are now focusing on providing more properties with more spacious bathrooms. 74% of all homes in the resale are studios and 1-beds. In new homes built the most popular purchases are 1 and 2-bed apartments on the 72% of sales. The popularity of the larger objects in the new construction arena is a sign of the changing needs of consumers and designs are the property be adjusted.
The impact of the 2007 U.S. sub-prime credit crisis and its subsequent impact on the UK property market has tightened many buyers' budgets and the Alpine real estate market has a slower pace during the first quarter of 2008. This, in conjunction with the recent decline of the pound sterling / euro exchange rate has buyers to think about what they can afford to invest in the alpine property. In recent years, ski property for sale in the popular resort was so close to the buyer had to quickly and with little or no bargaining chips to their property. In today's market prices are negotiable, although funds are still recording a rapid turnover and buyers need to fast if they are the right choice.
Many of the producers in the French Alps and Britain are planning their euros in pounds sterling, if their property has sold. The current euro-pound exchange rate weighs heavily in their favor, and thus they can afford to be flexible when it comes to negotiations on the question of their property. The result is that both buyer and seller are in a position at a purchase price that they are fair and suppliers are still able to cash in the benefits of a healthy capital growth on their second home.
Looking forward to the rest of the year 2008 it is expected that property prices in the French Alps is considered stable, with continued strong growth in developing countries, places such as Saint-Gervais-les-Bains and Les Contamines. Further price negotiation will take place in the coming months, and suppliers, plan their sterling to euros at the exchange rate, which is not expected to improve until the final quarter of the year. Many buyers will be a smaller real estate investment initially, with plans for the sale and upgrade in the next 2-5 years. Land to build, is increasingly rare and the more limited supply of properties for sale in the French Alps is to maintain a thriving real estate market.
Ricky Martin has great information on the French Alps Property, Megeve Property. He visited various sites and found Ascendant Property impressive. He recommends that you to visit Alpine Ascendant latest property report with statistics and resort-specific information is available in its entirety on our website under http://www.ascendant-property.com/news.htm
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Brendann
on วันพฤหัสบดีที่ 6 สิงหาคม พ.ศ. 2552
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