_Your guide to investing in an Alpine rental chalet
1. Spend time there first
95% of my clients stay in the Alps before buying a property there. It’s a great way to get a feel for different resorts, suss out what you’re looking for and consider what will perform well in the rental market.
Each resort has its own pros and cons, from its ski conditions to après-ski and non-skier activities, such as restaurants, shops and spas.
2. Check out the figures
The Alps’ rental and resale markets are inextricably linked, so it’s logical to invest in a safe market and to expect rental income to cover charges, taxes and various expenses. The overall rental market is growing ever stronger as it gains shares in the hotel business; the markets in Val d’Isere, Courchevel and Meribel are performing particularly well.
Above, four bedroom condominium, Snowmass Village, Colorado
3. Consider the long-term
Homes in the Alps can offer up to 3.5% return on investment, but it’s important to think long-term. At present, the world-famous Les Trois Vallées and Val d’Isère resorts have particularly strong occupancy rates throughout the season thanks to the international clientele it attracts. Don’t invest in a ski property with an ambitious and short-run approach to return on investment; look instead for a property that will steadily increase in value
4. Consider year-round appeal
While half-term and New Year are the busiest times of year in the Alps, December and February are also popular months, particularly with the Eastern Europe, Russian and Benelux markets.
Excellent sun and snow conditions also make March and April a good time to visit; clients from the Middle East, South East Asia and Europe tend to visit during this period.
Above: 5-bedroom chalet in Val d’Isère, Rhône-Alpes, France
5. Decide your type of property
Are you looking for an apartment or chalet; a new-build or resale? At the moment, Val d’Isère, Courchevel and Meribel have some exceptional new rental properties on the market, offering amazing facilities and that much sought-after chalet ambiance.
6.Seek guidance and take your time
Local expertise is key to finding the right figures in terms of rates per week, rental costs and seasonal attendance. Look for a professional who specialises in both sales and rentals as they’ll be best positioned to advise on your purchase. And don’t rush – your dream property is worth the wait!
Above: 5 bedroom chalet in Megève, Rhône-Alpes, France
7. Consider how you’ll manage your property
Knight Frank offers professional and specialised rental agencies that work year-round to present your home at its very best, from providing hotel services and administrative management, to clearing the snow and delivering wood. Be particular when choosing a local expert; your ski property deserves the best local team to look after it and keep everything running smoothly.
Knight Frank markets some of the world's finest chalets and apartments in the best mountain resorts: