In the French Alps, the demand for real estate

09.12.2010 20:12
Market conditions over the past 18 months has improved, making the French Alps attractive place to purchase a second home, respectively, we observed an increase in consumer demand in the region. This is stated in the report at Knight Frank, which has

According to analysts, in early 2010, the possibility of purchasing the English was limited to a weak national currency and an increase in the number of customers of other nationalities who want to buy a property in the Alps, particularly from Italy and other eurozone countries.

Where prices are consistent with market conditions (reflecting the global economic factors) real estate sold at or close to the requested prices in some areas in 2009, prices fell by 25%.

At resorts where prices are adjusted in accordance with the current position of the market, for example, in Chamonix, and the lower villages of Courchevel, it was noted increasing consumer activity. Especially popular were small, well-located chalet in Chamonix, cost from 750 thousand to 1, 5 million euros.

Sale of property worth more than 10m euros were registered mainly in Courchevel 1850 at the end of 2009, in the second quarter of 2010 enjoyed popularity among buyers chalets cost from 1 million to 2 million euros.

Key resorts of Courchevel and Mribel remain as popular as ever.

Courchevel is made up of five villages, including Courchevel 1850 is the most fashionable and famous. However, recent trends in Courchevel - buy a property built 1960 - 1970-ies and remodel to create the larger alpine chalet.

In Courchevel 1550 and 1650 in the sale of more apartments than the chalets. Their size varies from two to four bedrooms cost from 400 euros to 1 million euros.

To the north of the Three Valleys is Megeve - a traditional alpine village, especially popular among those who draws a more relaxed and refined alpine holiday.

Type of property ranging from small chalets (typical example - 4 bedrooms cost about 1.25 million euros) to a large object whose value may exceed 10 million euros.
Content tags: Overseas property
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