Owning a property in a cosy ski chalet would look great in a property portfolio but it often comes at a high price. The rising demand from buyers from the Middle East and Asia amidst building restrictions and limited supply are pushing home prices up.
When it comes to ski chalets, Switzerland is still the prime location. The Alps, which occupies as much as 60% of the country, has been a source of intrigue for tourists and property buyers since the mid-1800s. The country can offer a luxury ski property in Verbier for those who have money to spend. For those looking for value, Switzerland has La Tzoumaz, a low-key resort town.
Why Buy a Ski Chalet in Switzerland
Market conditions in Switzerland remain positive. Homebuyers still consider purchasing real estate in Switzerland for a variety of reasons such as lifestyle, the county’s liveability, vacation purposes, for education, business reasons, and as a form of investment.
Record snowfall and growing infrastructure investment in the past year boosted demand for property in the Alps. Knight Frank’s 2018 Ski Index Report showed that two Swiss resorts summited in the top rankings, Villars (6%) and Verbier (3.4%). These said resorts performed poorly in the past years. However, a recent increase in infrastructure investment in terms of luxury hotels, ski lifts, and non-ski activities brought in more tourists, increased buyer demand, and subsequently chalet pricing.
Villar, for one, increased in value for its international schools attracting parent buyers looking for a nearby home. Verbier, on the other hand, offers buyers and tourists ease of access and a broad range of leisurely activities as one of the Alps’ sunniest resort destination.
Best Places to Buy a Ski Chalet
Located in the heart of the Four Valleys ski area, Verbier is known for having an extra-long ski season stretching for 25 weeks. It boasts of 400 kilometres of pistes and a nice collection of Swiss resorts best for experienced skiers, off pisters, and freeriders.
Despite the influx of tourists, Verbier managed to preserve its authentic village vibe and traditional architecture. This and more whilst investing in modern amenities that effectively transformed it to become Switzerland’s luxurious locale.
Aside from skiing, tourists also have ample opportunities for nature exploration. The area has more than 300 days of sunshine allowing tourists to explore lakes, trails, and forests around the area. Wintertime in Verbier is as fascinating with a vibrant nightlife scene and festivals throughout the season.
Property buyers looking for a good value property can consider La Tzoumaz over the ritzy Verbier area. This Swiss village also belongs to the Four Valleys ski area but without the hefty price tag. The village has direct access to more than 410 kilometres of runs. This makes it an ultimate playground for winter sports enthusiasts. In addition to the slopes, tourists love La Tzoumaz for its wide array of dining options. Plus, it also has a strong bar scene perfect for an après-ski.
Homes in this compact resort are cheaper compared with Verbier. Whilst it is one the other side of the mountain, the whole Verbier ski area is still highly accessible.