For many years now, luxury real estate in the mountains has been thriving: the number of buyers seeking excellence increases every year and prices continue to rise. Recently, exceptional properties have been selling very quickly in high-altitude resorts, a sign of a healthy market. The recent increase in new constructions promises an even more favorable environment for the luxury sector in the mountains.
What is the state of the high-end market in the mountains?
The high-end and ultra-high-end market in the mountains is currently at its best. Even though this niche segment is rarely affected by economic crises, it is currently experiencing a renewed dynamism in all European mountain resorts. The luxury market in the mountains is also seeing a significant increase in prices. This increase can be explained by several factors:
- The supply of high-end and ultra-high-end properties in older buildings has become less abundant than the demand
- Some resorts now offer state-of-the-art housing since the modification of the PLU (Local Urban Plan)
- The resorts offer increasingly prestigious properties that appeal to buyers
Despite a significant price increase, sales of ultra-high-end properties continue to rise. The market appeals to French clients as well as a large number of investors from all over the world. The sector now offers properties that perfectly meet the highest demands of buyers who want to enjoy the natural environment of the site while benefiting from the highest level of comfort inside their homes.
Prestigious real estate in the mountains: which are the most sought-after destinations?
Buyers of luxury properties currently favor two major destinations: the Swiss Alps and the French Alps. Aspen in Colorado is also a highly sought-after market in this segment, as well as Courmayeur in Italy and some resorts in the Austrian Alps.
Luxury resorts in the Swiss Alps
The Swiss high-altitude resorts have always attracted wealthy clients looking for exceptional properties. Among the most sought-after resorts are Verbier, Gstaad, Crans-Montana, and Zermatt. These areas offer high-end apartments at the foot of the slopes and chalets with exceptional amenities.
Luxury resorts in the French Alps
Once overlooked by wealthy foreign investors, the French Alps are now back in favor in the luxury segment. Cheaper than their Swiss and Austrian neighbors, they have several prestigious ski areas that are favored by buyers. Courchevel is still highly sought after, as well as Megève, Val d'Isère, Méribel, and Chamonix. These resorts now offer high-end apartments and luxury chalets.
Investing in luxury real estate in the mountains
Are you looking to buy an exceptional chalet in the mountains? Michaël Zingraf Real Estate agencies offer a prestigious selection in the most beautiful resorts in the French, Swiss, and Austrian Alps. From a magnificent chalet with breathtaking views in Verbier to an exclusive chalet in Courchevel 1850 or a modern chalet with panoramic views in the Austrian resort of Kitzbühel... Find all our listings online and choose the property of your dreams. Our teams are here to help you make your real estate acquisition in the mountains a reality.