Ski property market is gaining momentum in the Alps

Ski property market is gaining momentum in the Alps

Investors are returning to the ski property market in Austria, France and Switzerland, reported Alpine Homes.

In the season of 2012/2013 record snowfalls are expected, therefore, the influx of tourists will affect the property market, said Jeremy Rollason, managing director of Alpine Homes. According to him, in 2012 was a "good year" for the ski property market, which fell in 2008-2010. Sales grew by 30% during 2011.

Prices for ski property are ranging from an average of € 330,000 in Austria (Zell am See and Turracher Höhe) and up to 2 million Swiss francs in Switzerland (Four Valleys). There are also buyers of luxury real estate (more than 5 million Swiss francs).