Where to invest in the mountain for a French property?
Buy in the mountains is a great way to combine pleasure and profitability,
whether you are a fan of skiing or in search of fresh air. High altitude and smaller family-oriented resort villages offer different opportunities, allowing investors to benefit from tax cuts . Here are some well- marked trails which could be a safe bet.
The Alps, queen of the summits
Cocorico! Undisputed stars of the mountain to the planetary fame, French Alps offer one of the largest and most beautiful ski areas in the world. The most famous resorts - for their tracks and entertainment - Courchevel, Meribel, Val d'Isère, Chamonix, Megève ...but a very high price per square meter, from 8 000 to 20 000 euros per square meter, the sarcity of land is the main reason. But also other famous resorts such as Les Menuires, La Plagne, Tignes, Val Thorens,Avoriaz, offer advantage of opportunities, especially if one chooses to redevelop the existing building, and the prices are more reasonable: from 4 000 and 7,000 euros per square meter. Investing in Savoie and Haute-Savoie, is mainly engage in familiar territory, for a safe quality of products. The right option, so to minimize the risk ...
Less known, family charm stations at lower elevations offer a number of properties for sale most important, and a value much more interesting. Resorts like Les Rousses, Samoëns, Morzine, Les Houches and Les Contamines are thus likely to interest a family clientele.
The Pyrenees, not a second choice
The stations of the Pyrenees also have good prospects for investors and recorded a significant growth in recent years. Nevertheless, it should ensure that the snow level of the station is large enough, at Christmas and in spring especially, to ensure a good working seasonal rentals. The problem is however in any of the major resorts like Font-Romeu, Luchon-Superbagnères or Saint-Lary-Soulan.
Vosges and Auvergne for the family
It can also be worth buying in the Vosges and the Massif Central, in particular by focusing on the strengths that are likely to present such stations in summer. Many of them are well located near lakes or hot springs. If the investment in these areas is not commensurate with the high mountain stations, the cost of management and maintenance, however, is accessible to the greatest number.
Our advice: Invest in the most upmarket resorts can be easily profitable, around the same price of the locations, but also services (babysitting, ski, accessibility ...) surrounding the well. Focus on nearby slopes is often the most important axis.
How much do investment in mountain and how long it it becomes profitable? When buying a dwelling in a winter sports resort, it should indeed respond to a set of questions to determine if the property has real potential gain: ensure that the rental price fits with site traffic in the year and in season. Please do not forget that the apartment, if it is empty for a long time, require maintenance, which have also a price.
What personal occupation?
If you intend to use the apartment-or cottage personally, it is for example how many weeks per year you will occupy places in the family, and for what periods. The most profitable are those weeks of school periods, Christmas, February and to a lesser extent Easter, know that you will have to choose between pleasure and profitability if you have kids. Yet the mountain rental is not carried out full time and it is usually difficult to rent his property more than a month and a half in winter and three weeks-a month in summer period. It is therefore important to assess how quickly the week rental costs will be covered by rental income.
Opting for a management body
If you choose to entrust your apartment in a management body, you will also determine the amount of costs. After the calculation, it will still earn the sum for taxes and maintenance costs, in order to know the final yield from your investment.
Our advice: Do not try to achieve a pure investment rental and make the most of your property for your own holiday. Keep in mind that buying exclusive optical placement does not necessarily guarantee high profitability.
What are the ingredients of success?
Put the odds on his side when planning an investment falls in a subtle alchemy. Geographical area, station, location, age and size of the property, luxury or amenities should indeed be weighed and balanced to be satisfied at any level.
Forget the small areas
An investor should well know that the typical small surfaces 70s are no longer in vogue today, and therefore much less popular. The clientele, French as a foreign, turns in fact benefit to more spacious locations to go on vacation with family or friends. Side benefit, the properties that are rented at present have also standardized on the rise and tenants increasingly eyeing to residences offering swimming pool, sauna and fitness area. Still, the demand for small areas persists with a certain population, such as students or young couples, and it is possible to find a rental interest in playing on the exhibition, functionality or price. ..
But not only ski
It is also worth knowing if you bet on the summer side, or if you intend for your property to winter use only. The disadvantage of the relatively low altitude of some stations can become a real competitive advantage by use mix winter / summer. Keep in mind also that the stations that appeal to today are not those merely a program "ski", but especially those offering a whole range of activities to please the whole family. Finally, public accessibility may also be a factor, a station located near a train station is a definite plus.
Our advice: Play eco fiber can only put checkers on your side. Energy efficient buildings and situated next to shuttle or the slopes are always well seen.
Now for an optimal investment where you can combine pleasure and profitabiltiy with hassle free management, there is only one option : ski leaseback properties
Buy in the mountains is a great way to combine pleasure and profitability, whether you are a fan of skiing or in search of fresh air. High altitude and smaller family-oriented resort villages offer different opportunities, allowing investors to benefit from tax cuts; To continue..
Exemple of a ski leaseback in La Clusaz on video :