A Guide to Buying Ski Chalets For Sale: How To Invest In The Right Property
- 29th Oct 2020
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Investing in Ski Chalets has become widely common in the upper end of the real estate market today and can be found extensively in Switzerland, Italy and France. It is a popular choice amongst investors because of the high rental yields and maximum benefits in the long term.
Whether the investment is made for capital growth, to earn rental income or simply have a personal ski chalet, it is always best to proceed forward with in-depth research to make sure you get the best deal.
Here are some important factors to keep in mind while looking to invest in a ski chalet for sale:
The Architecture
While all ski chalets differ from each other in terms of style and design, it is always advised to choose a chalet that has traditional alpine architecture. This is because it adds immense value to the price and attracts renters with its geometric shapes, gable sloping roofs with eaves and spacious balconies.
It has an old-world charm being built with either stone or a combination of wood.
Dual Season And Backdoor Resorts
While investing in a ski chalet can be an expensive affair, backdoor resorts, also known as satellite resorts, offer considerably lower prices than the usual neighborhood ski resorts. For instance, choosing the Combloux over Megeve or Les Gets as an alternative to Chamonix in France.
The skiing industry is looking to capitalize on an all-year round tourism approach and hence looking for dual-season resorts is also a bright choice. Many of these resorts now include summer activities like biking and trekking, like the Alpe d’Huez and Samoens.
Luxury Interiors
Traditional Alpine Architecture maybe the most attractive to renters but what also modern renters are keen on are luxurious amenities like hot tubs, walk-in closets, swimming pools, wine cellars and more.
Another important purchase factor must be to know if the resort is a ski-in ski-out friendly property. Basically, renters must be able to ski directly to and from the slopes. This is an essential deciding factor for renters in terms of choosing your property.
Resort Amenities
Focus on the types of amenities and off-beat deals that the resort provides. From shops, restaurants and transportation to off-slope activities.
The chalet will yield more benefits if it is part of a family friendly resort, has something special to offer to snowboarding fans or simply has the best entertainment and social scene services in the area.
Transfer Time
It is essential to be aware of the transfer time from the nearest airport since not all guests would be open to a 3 to 4 hour drive after a long flight.
One must also keep in mind that the higher the altitude, the higher the snowfall which results in an extended run of snowfall season for resorts.
Investors are advised to conduct in-depth research and go through multiple property portfolios of chalets to make the right choice for investing in a profitable ski-chalet. All in all investing in a luxury real estate asset like a Ski Chalet is definitely worth considering for traditional real estate investors.
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