As buyers return to the Alpine market and look towards Switzerland as a ‘safe haven’ for all-year-round mountain holidays, prices are significantly rising due to a combination of demand and limited stock availability.
Resorts such as Verbier and Crans-Montana are in particular demand as the summer offering is strong. The main challenge for buyers is finding something that works within their budget, with Verbier in particular seeing some rocketing increases in price recently. Skiingproperty.com is listing chalets up to £20 million in the resort, although there are chalets selling for significantly higher prices too.
But, with very little room for development, the market in the resort will remain strong in the future and this is providing further confidence to buyers with money to spend, although there are many properties that work in the lower price bracket, starting at around £300,000 for a large studio apartment.
Managing Director of Skiingproperty.com, Julian Walker, said:
“Verbier has always been in high demand but now that Switzerland is becoming an even better proposition for buyers post Brexit, it is becoming increasingly difficult to find a property that is listed for non-Swiss residents. Where does it go? Unfortunately for any potential buyers in the future, it doesn’t get any easier and prices aren’t going to soften. That’s the reality and yes there’s pressure on property professionals to find even the most top end properties that are getting snapped up fast”.
Four Properties In Verbier Currently Available
1 bedroom apartment in secluded location close to the sports centre. 56m2 of living space, with bathroom, separate bedroom and living room. Fantastic views and 10-15 minutes’ walk into the town centre. £593,338.
Details on Website.
2 bedroom, 2 bathroom chalet in the heart of Verbier with rustic appeal with 1102m of space. There’s two floors with the living area above the bedrooms. £2,246,287.
Details on Website.
4 bedroom new build apartment with 3 bathrooms built to high specification and with 224m2 of living space, close to the centre of Verbier. The open plan living area has fantastic views across the valley. £3,878,101.
Details on Website.
4 bedroom, 4 bathroom chalet with large (357m2) floor space located in the quiet, but sought after, Patier area of Verbier. This would be an ideal summer and winter base and holiday home. £7,712,392.
Details on Website.
All properties in Verbier and other resorts can be found at skiingproperty.com.