Sotheby's International Realty
- 93 rue Saint François de Sales
- 74120 Megève, France
- +33 4 50 91 74 38
Sotheby's International Realty
- 222 rue des Jeux Olympiques
- 73550 Les Allues, France
- +33 9 70 71 99 95
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- 73120 Courchevel 1850, France
- +33 4 79 08 34 73
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- How can I make the most of buying property in a resort?
How can I make the most of buying property in a resort?
Buying in a resort: a guarantee of profitability
Buying a chalet or an apartment in a ski resort is an asset, although it is often a relatively expensive purchase. Located in an idyllic setting at the foot of the slopes, in the heart of the mountains, a chalet is an ideal investment if you want to have a vacation home at your disposal—an exceptional secondary residence for staying with family or friends. But given the significance of this type of investment, one question arises: what is the profitability?
Ski resorts, like Megève, are just as attractive in the summer as they are in the winter; this ensures quality and comfort all year round, and you will have no trouble renting out the property. The location in a resort is an advantage for those who ski, those who love the mountains, those who enjoy hiking, or even those who appreciate fine dining at Michelin-starred restaurants and Savoyard French cuisine. For real estate investment, buying in a ski resort is more than a wise investment!
How to choose the right property to buy?
The choice of property will depend on your desires, budget, and needs: size, amenities, furnishings, view, neighborhood, location… Make a list of your essential criteria and trust a luxury real estate professional in the mountains to advise and support you in your project.
If you plan to use the property primarily for private use, you may be more particular about certain amenities and aspects of the purchase. If, on the other hand, you are investing purely for rental purposes or for mixed use (rental for part of the year, personal use when the property is available), your selection criteria may differ. In any case, our high-end real estate experts will assist you in choosing a luxurious chalet or apartment that meets your expectations, no matter what they are.
A chalet often provides more comfort, space, and grandeur; an apartment, while less independent, is usually closer to the town center and allows you to enjoy an excellent location.
Maximizing the profitability of your real estate investment: your options
To maximize the profitability of your ski resort purchase, the first option available is, of course, seasonal rental. Given the location of your chalet or apartment, you will have no trouble renting it out and finding tenants, both in summer and winter. Megève is a highly sought-after destination for an upscale clientele, at all times of the year.
Some properties can be transformed into high-end hospitality structures; chalets are perfect for this, as families gather there in the winter to ski and in the summer to enjoy the mountains and hiking. Apartments, on the other hand, are ideal for groups of friends who want to enjoy the resort while staying in town at the foot of the slopes. The location will make all the difference.
Ultimately, to ensure the profitability of your mountain real estate investment, you can always count on the potential for significant capital gain if you decide to sell the property. In any case, in a resort, you won’t risk losing your investment!