French property expert and ski enthusiast, Ed Scott shares his top 5 tips for property investors looking to buy a ski chalet.
With over a fifth of France covered in mountains, it’s no surprise that many of the world’s finest ski resorts are located in the French Alps. From the mega resorts of Chamonix, Val d’Isere and Meribel to the hidden gems of Avoriaz, La Rosiere and Sainte-Foy Tarentaise, skiing is big business generating over $10 billion each year.
If you are on the lookout for a cheap ski property, Austria could be the place for you. Cheaper than France and Switzerland, the Austrian Alps has plenty of good ski properties to choose from. And with Austria relaxing some of the restrictions on buying foreign propertys, now is the time to buy.
Austrian skiing property is weathering the current global financial problems well, with a property market that continues to be relatively stable. Add the fact that you tend to get far more for your money in Austria than either France or Switzerland, and it’s no wonder that buying foreign propertys are flocking to the country.