The French Alps are experiencing an increase in demand for ski homes.
Buyers are taking advantage of lower interest rates, a weaker euro and reduced tax rates on foreign homeowners, according to the latest Knight Frank Prime Ski Property Index, which tracks the price performance of prime ski chalets across 15 resorts in the French and Swiss Alps.
The Val d’Isere resort led the rankings. Situated in the Savoie region of southeastern France, about three miles from the Italian border, the area boasts what is considered some of the best high-altitude skiing in the Alps. The price of a four- to five-bedroom chalet in Val d’Isere was up 5.8% in the first six months of the year ending in June, compared with the same period in 2014, according to the report.
Val d’Isere is particularly popular with British property seekers. As a result of the pound’s climb against the euro, a British buyer who bought French property in July would have saved roughly 11% compared with the previous year, according to Knight Frank’s research.
Here’s a look at what’s on the market in Val d’Isere. These three properties, all listed on Mansion Global, range in price from €3.5 million to €9 million (about $3.8 million to $9.8 million).
Price: €9 million (about $9.8 million)
This newly built chalet in Le Petit Alaska has nearly 6,600 square feet. The two-level home has seven bedrooms, most of which are located on the ground floor, in addition to an indoor swimming pool, a hot tub, a sauna and a fitness center. The upper level consists of living and dining areas, separated by a glass atrium that runs through the center of the home. A glass walkway connects the two spaces.
Price: €3.5 million to €5 million (about $3.8 million to $5.5 million)
These newly built apartments are located in the heart of Val d’Isere. Each residence has an open-floor plan living room with a modern kitchen, in addition to three to four bedrooms with private bathrooms. Some units have garages; others come with parking spaces.
Price: Upon request
This apartment is located in a new residential development in Val d’Isere. The entrance hall leads to a dining area, which is part of a nearly 1,700-square-foot living room with a fireplace. Each of the three bedrooms has a private bathroom. The residence has a balcony.
Roddy Aris of Knight Frank is the agent for these properties.
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