For many years now, luxury real estate in the mountains has been thriving: buyers in search of excellence are increasingly numerous each year, and prices continue to rise. Recently, exceptional properties in high-altitude resorts are selling very quickly, demonstrating the strong health of the market. The recent increase in new constructions promises an even more favorable context for the luxury mountain sector.
What is the state of the high-end mountain market?
The high-end and ultra-high-end market in the mountains has never been in better shape than it is today. Even though this niche segment is rarely affected by economic crises, it is currently experiencing a resurgence of dynamism across all European high-altitude resorts.
Moreover, the luxury market in the mountains is witnessing a significant rise in prices. This increase can be attributed to several factors:
- The supply of high-end and ultra-high-end properties in older buildings has become less than demand.
- The market now offers state-of-the-art housing in certain resorts following changes to the PLU (Local Urban Plan).
- The resorts are offering increasingly prestigious properties that appeal to buyers.
Despite a significant rise in prices, sales of ultra-high-end properties continue to increase. The market attracts both French clients and a large number of investors from all around the globe. The sector now offers properties that are perfectly capable of meeting the highest demands of buyers, who now wish to enjoy the natural environment of the location while benefiting from the highest level of comfort inside their homes.
Prestigious real estate in the mountains: what are the most sought-after destinations?
Currently, buyers of luxury properties favor two main destinations: the Swiss Alps and the French Alps. Aspen, in Colorado, is also a highly sought-after market in this segment, along with Courmayeur in Italy and certain resorts in the Austrian Alps.
Luxury resorts in the Swiss Alps
Swiss high-altitude resorts have always attracted wealthy clients in search of 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 once again in vogue in the luxury segment. Less expensive than their Swiss and Austrian counterparts, they feature several prestigious ski areas favored by buyers. Courchevel remains highly sought after, as do Megève, Val d’Isère, Méribel, and Chamonix. These resorts now offer high-end apartments and lavish chalets.
Investing in prestigious real estate in the mountains
Are you looking to buy a chalet in the mountains? Michaël Zingraf Real Estate agencies offer a prestigious selection in the most beautiful resorts of the French, Swiss, and Austrian Alps.
Sumptuous chalet with breathtaking views in Verbier, exclusive chalet in Courchevel 1850, modern chalet with panoramic views in the Austrian resort of Kitzbühel… Discover all our listings online and choose the property of your dreams. Our teams are here to assist you in realizing your mountain real estate acquisition project.