Why is the Colorado real estate market so expensive
Ski resorts: a square meter as expensive as a small car
“Schifoan is the most wonderful thing that can only be imagined!” Wolfgang Ambros ‘In the next few weeks, as every year, the skier's anthem will be heard with many voices from hundreds of ski huts. But the most beautiful thing you can only imagine can be enhanced if you can strap on your skis in front of the perfectly equipped chalet and swing down to the slopes.
But this year too, the pleasure will not get any cheaper for buyers of apartments in the top ski regions - except for winter sports enthusiasts from Great Britain. They benefit from the pound, which is strong against the euro. The real estate service provider Savills has analyzed investment opportunities in France, Austria and Italy.
Thanks to a flourishing local economy, real estate prices in Austrian ski resorts have risen by 41 percent since 2008, the British brokerage firm notes. "Investments in the infrastructure of the ski areas and the interest of investors show that there is still room for price increases", sum up the Savills experts. Especially since Austria's holiday apartments with square meter prices between 5,000 and 7,000 euros are downright bargains, measured against the prices in the top ski resorts in France and Switzerland.
If you want to start your turns over the 150 kilometers of slopes in Courchevel 1850 from a luxury property, you should calculate with prices of 31,340 euros per square meter for top properties. The place tops the Savills Ultra-Prime Ski Resort Index. It doesn't get much cheaper in Gstaad at 31,220 euros. In any case, the strong franc has made Swiss chalets expensive. In St. Moritz, Zermatt and Verbier, the next more expensive ski resorts, the buyer has to pay at least 25,000 euros for the luxury hut.
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