The rise of luxury real estate in the mountains continues - Selexium
habits of their customers?
Sector adapting to new working practicesThe popularity of mountains continues to grow in the luxury real estate sector. And rightly so, because this trend is perfectly in line with the new post-pandemic trends. The Alps region stands out, especially noting an 11.5% year-on-year increase in chalet prices, averaging €8,124 per square meter. The clients of luxury real estate are mostly entrepreneurs whose activities are often carried out in remote work. For this clientele, the mountains have become their new refuge. Rental demand includes spacious chalets or modern fully equipped apartments with the latest smart home technology, excellent''Internet connection and premium entertainment equipment. Prices can reach up to €35,000 per square meter in France and up to €50,000 per square meter or more in Switzerland.
The popularity of mountains continues to grow in the luxury real estate sector. And rightly so, because this trend is perfectly in line with the new post-pandemic trends. The Alps region stands out, especially noting an 11.5% year-on-year increase in chalet prices, averaging €8,124 per square meter. The clients of luxury real estate are mostly entrepreneurs whose activities are often carried out in remote work. For this clientele, the mountains have become their new refuge. Rental demand includes spacious chalets or modern fully equipped apartments with the latest smart home technology, excellent''Internet connection and premium entertainment equipment. Prices can reach up to €35,000 per square meter in France and up to €50,000 per square meter or more in Switzerland.
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The interest in luxury real estate in the mountains is not limited to France.
In Courchevel and even in Meribel, clients from the Middle East, Brazil, the UK and Belgium have gradually filled the gap left by the Russian clientele. As for Chamonix, luxury real estate attracts sports clients all year round. In this region, however, it is not foreigners who are driving up prices. While 60% of the clientele used to be British, now 80% are French.
After the mountains, the countryside becomes new''development. Ski resorts in the Alps have seen prices rise by 11.5% year-on-year, reaching an average of €8,124 per square meter. Courchevel, Meribel and Chamonix are attracting international buyers, including those from the Middle East, Brazil, the UK and Belgium. After the mountains, the countryside is beginning to take its place in the luxury real estate market.
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