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#1 THE LOCATION, FOR A SUCCESSFUL INVESTMENT

21/02/2024
#1 THE LOCATION, FOR A SUCCESSFUL INVESTMENT

#1 THE LOCATION,
GOLDEN RULE IN REAL ESTATE

 

Location is the No. 1 criteria to select depending:

 

- Focus on a renowned resort with a quality ski area: Choose a resort that offers access to a large ski domaine ideally linked to different resorts. This will ensure that skiers won’t get bored, especially if they are visiting the resort year after year. A resort with a ski area offering several hundred kilometers of slopes will be more appealing. Choosing a renowned resort normally means they have invested into the infrastructure and facilities, appealing to different types of people. This will ensure that the village offers a decent level of restaurants/bars, shops (local artisans, epicurean products), activities and entertainment for the whole family (concerts, children's entertainment) but also guarantee the presence of doctors and a medical center.

 

- A resort with character and inhabitants all year round. Beyond the attractiveness of winter sports, it is preferable to focus on a resort which has preserved its mountain village soul and which lives all year round, offering a real quality of life throughout the seasons. Dual season resorts will mean that more restaurants and facilities will stay open for longer periods of time which is attractive for tourism and may increase the number of rental weeks.

 

- Think about alternatives to skiing: in recent years the Alpine resorts have adapted to different activities. Vacationers like to take advantage of leisure infrastructures and other ancillary facilities: aquatic area, spa, ice rink, cinema, bowling...Especially since the health crisis in 2020 the appetite of the French and that of foreign tourists for stays in the mountains still remains intact. Everyone now aspires to enjoy the great outdoors all year round.

With the development of teleworking, what could be more pleasant than enjoying an office with a view of the snow-covered mountains. Which explains the good shape of the mountain real estate market. It’s a tourist destination that always has the wind in its sails!

Instead, opt for dynamic resorts that diversify their outdoor activities as much as possible, summer and winter, even 4 seasons, but also with cultural activities. Enough to rent throughout the year, knowing that it generally takes 5 weeks of rental per year to balance the costs of an apartment in the mountains.

 

- Easy access by road and air.

Ensuring easy access in summer and winter is essential to guarantee a successful investment. Ease of access is also understood by the presence of an international airport 1h30 from the station and a TGV station within a 50 km radius in order to guarantee the presence of an international clientele throughout the year.

 

- Heart of the village or close to the slopes?

In terms of location in the resort the question to ask yourself is: Am I not too far from the ski area and/or the center of the resort, transport and other shuttle routes?

Choosing a location in the village with easy access to the ski area by free shuttles is ideal. Being able to walk to get the croissants in the morning or go for a drink in the evening after returning from skiing without having to take the car is the height of luxury for a ski holiday...

Saying that, we are experiencing a higher demand with our owners who are wanting to be within a 15 minute walk to the village. Being slightly out of the village, but still on a bus route may mean that you have more elevated views and more open space.