Posted on 30 April 2013
Buyers of ski property in the Alps who are driven more by investment than lifestyle would do well to consider Switzerland, after a recent report highlighted the country’s attraction as a safe haven for wealthy investors and showed that property prices in the country rose by 3.9 per cent in 2012, outperforming the Eurozone, where overall prices fell by 2.1 per cent.
The Swiss Insight Report, published last month by international property specialist Knight Frank, also revealed that property prices in Switzerland have risen by a staggering 30 per cent since 2007, and demand for homes there, in particular from high net worth individuals (HNWIs), is set to continue.
Switzerland is predicted to see a 27 per cent rise in its HNWI population between 2012 and 2022, driven amongst other things by the country’s benign stance on tax and its high political stability. This, combined with strict planning laws that keep property supply limited, especially homes in Swiss ski resorts, will keep property values at a premium.
Interestingly, those responsible for the largest increase in Swiss property searches in 2012 were from Spain, Italy, Germany and Singapore – interest from wealthy Europeans is likely to have been driven by increased property taxes and economic turmoil in their own countries. Interest from Asian, Middle Eastern, Russian and CIS nationals is also growing.
In the canton of Graubünden, home to the chic ski resorts of Klosters and Davos, Skiingproperty.com brings you the chance to own a luxury apartment at the five-star Waldhaus Flims Mountain Resort and Spa in the resort of Flims. Properties come with access to the resort’s excellent facilities. Flims is a two-hour transfer by road from Zurich Airport.