Posted on 23 June 2012
According to developers there has been a substantial increase in foreign demand for French Alpine properties during the first four months of 2012, with some reporting more interest in the four months than all of last year. The Grand Massif area in the French Alps offers year-round activities, and is one of the most popular regions for ski properties in France.
These properties are proving particularly popular amongst the British, and this is thought to be partially due to pent-up demand that built up when the exchange rate was so poor. Now sterling is performing more strongly against the euro, many more British buyers are taking the plunge as the property is perceived as being better value for money than a year or so ago.
Another thing helping sales is access to euro mortgages, and the demand for ski properties in the French Alps is expected to continue, especially if, as is being predicted, the exchange rate becomes even more favourable.
One of the most popular locations is the village of Chatel, which is right on the border with Switzerland. It’s just 90 minutes’ drive from Geneva airport, and is part of the world’s largest international linked ski area. It’s in a region with 650 km of slopes encompassing eight ski resorts in France, and four ski resorts in Switzerland.
While obviously popular during the winter months, this area has a lot to offer during the summer and is becoming increasingly sought after amongst those seeking year-round holiday homes.