The Alpine Report
2026/27
Welcome to the latest edition of The Alpine Report – the ultimate guide to high altitude property and lifestyle.
The mountain property market has rarely looked so robust, or so uneven. Skier visits have reached a record high globally, yet residential price performance in these markets is diverging sharply.
Climate change is the obvious challenge, with average Alpine snowfall falling by 34% between 1920 and 2020. But the most striking shift is the rise of the second season, turning ski homes into year-round bases.
This year’s report makes one point plain: value is being redefined. Buyers still want top skiing, but they increasingly prize scarcity, reliability and a life beyond the piste. The resorts that offer all three are now setting the pace.
In this report:
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2026 insights
The Alpine Report
View from the top: 2026’s mountain property market trends
We explore the trends driving buyer activity across mountain markets worldwide, drawing on insights from our global network of experts.
22 October 2026
The Alpine Report
Peak performance: prime mountain property trends in 2026
Alpine prime property prices remain on an upward trajectory, according to our latest Mountain Property Price Index.
22 October 2026
The Alpine Report
Resorts on the rise: the mountain locations fast gaining ground
From the French and Swiss Alps to Japan and New Zealand, under-the-radar resorts are attracting a broader range of buyers.
22 October 2026
The Alpine Report
Playing the loan game: why the wealthy are choosing to borrow
More UHNWIs are using finance to preserve liquidity, manage tax exposure and keep their investment options open.
22 October 2026
The Alpine Report
Journey to the summit: how ski resorts are adapting to a changing climate
Explore how resort investment, snow management and year-round tourism are reshaping mountain destinations in a changing climate.
22 October 2026
The Alpine Report
The cool hunters: how climate change is redrawing the winemaking map
Rising temperatures are redrawing the winemaking map as producers seek cooler sites and the great terroirs of the future.
22 October 2026
The Alpine Report
Rethinking rental: owners are making the most of their mountain properties
Owners are balancing rental income with flexibility as mountain stays become longer, more international and less seasonal.
22 October 2026
The Alpine Report
Height of luxury: the mountain property market's new advantage
The mountains are where the wealthy go to disconnect, but what does this imply for the mountain property market?
22 October 2026
The Alpine Report
Into the unknown: luxury mountain travel shifts from comfort to adventure
For today’s most adventurous travellers, remoteness, surprise and extraordinary access are bringing a new dimension to luxury travel.
22 October 2026
The Alpine Report
The high life: mountain travel trends transforming the property market
From new resort investment to wellness, design and year-round living, the mountains are becoming destinations for every season.
22 October 2026
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Gain insider resort tips from our experts, explore our alpine fact file, and access our comprehensive mountain events calendar.
Previous insights
Articles from the 2025 Alpine Property Report
The Alpine Report
France vs Switzerland at a glance
Two countries, two lifestyles, one Alps
24 November 2025
The Alpine Report
Alpine property rules: what buyers need to know
From energy ratings to foreign ownership restrictions, purchasing a chalet in France or Switzerland is subject to complex regulations that can significantly impact costs and usage rights
24 November 2025
The Alpine Report
The Chamonix planning shake-up
New planning restrictions in Chamonix could reshape the local property market — from tighter rental rules to updated zoning regulations — with significant implications for international buyers, local owners, and the future of alpine real estate investment.
11 November 2025
The Alpine Report
The Alps’ year- round revolution
The pandemic transformed mountain living from seasonal escape to permanent lifestyle. Now smart investors are capitalising on Europe’s resilient alpine destinations
20 October 2025
The Alpine Report
Cortina d’Ampezzo & the 2026 Winter Olympics
Known as the Queen of the Dolomites, Cortina d’Ampezzo is back in the spotlight as investment gears up ahead of the 2026 Winter Olympics
20 October 2025
The Alpine Report
Peaks And Prices
We assess prime prices across leading alpine resorts, looking at how they compare and their performance over the past year
20 October 2025
The Alpine Report
The Alpine Sustainability Index: Snow reliability in focus
In Courchevel 1850, skiers braved temperatures as low as –19.2°c last season, while in Verbier, snow fell on more days than anywhere else in our analysis. But which resort really performs best when it comes to snow reliability - and what does that mean for buyers?
20 October 2025
Alpine articles from The View
Hidden gems of the French Alps: the resorts that should be on investors' radars
From Les Saisies to Champagny-en-Vanoise, discover the French Alpine resorts combining exceptional skiing, authentic mountain living and long-term property investment potential
24 September 2026
Inside Cortina d’Ampezzo: a local’s guide to Italian alpine life
Discover why Cortina d’Ampezzo continues to draw buyers with its balance of nature, privacy and alpine charm
06 August 2026
Where to buy in the Alps: the best ski resorts to suit every lifestyle
Whether looking for year‑round living, reliable snow or lively après‑ski, our experts share where to find your perfect property
26 February 2026
How the 2026 Winter Olympics is reshaping Cortina d’Ampezzo’s property market
With a global spotlight on Cortina, its lifestyle and year‑round draw are lifting it into Europe’s top tier of ski property markets
09 February 2026
Where to invest in the Alps: the resorts offering an elevated lifestyle and long-term potential
Thinking of investing in the Alps? Our experts share where to buy, what to look for and how to future-proof your mountain home
05 December 2025
Live the alpine dream: Discover Europe’s top ski resorts and the finest homes for sale
Explore the top places to experience the Alps this season, alongside remarkable properties currently on the market
04 December 2025
Beyond the slopes: the rise of year-round alpine living
As demand grows for homes that blend lifestyle, nature and connectivity, mountain resorts from the Alps to New Zealand are being reimagined as four-season destinations
22 October 2025
Beyond the cities: the European destinations finding favour with today’s globally mobile
High-net-worth individuals are turning to Europe’s non-urban locations - from tranquil countryside to Alpine retreats - in search of lifestyle, privacy and long-term opportunity
29 August 2025
Discover Europe’s coolest summer hideaways in the Alps
The Alps’ appeal extends well beyond ski season with resorts offering year-round delights, from breathtaking hikes to a vibrant calendar of cultural events.
14 August 2025
A family-friendly guide to buying property in the Alps
Heading to the slopes during half-term? Explore expert tips on skiing with children, and discover the top resorts and chalets to consider
12 February 2025
Step inside Audrey Hepburn’s former home in Switzerland
Now on the market, this Swiss sanctuary of the Breakfast at Tiffany’s star offers a glimpse into the life of a Hollywood icon
10 February 2025
Alpine properties with rental potential
Thinking of investing in the Alps? We take a look at what to consider when picking a property
01 December 2024
Peak performers: the top Alpine ski resorts
Our Alpine Property Report is the definitive guide to Europe's premier alpine destinations, we take a look at the leading resorts and why you should consider a move
28 November 2024
The golden halo effect of high-end hotels in the Alps
There’s been a flurry of new five-star hotels opening in wealthy Alpine resorts. What does that mean for properties nearby?
16 October 2024
A sporting summer in the mountains
The year-round French and Swiss resorts where the summers prove equally enticing as the winters
12 August 2024
A guide to buying a second home in Switzerland
All you need to know about the locations and properties available to non-Swiss residents
08 August 2024
A guide to renting out your Alpine property
From navigating costs and financing to tips for hassle-free renting, Knight Frank's Alpine experts share how to unlock year-round returns in the heart of the mountains, by Rob Copsey
09 June 2023
Definitions and data
High-net-worth individual – someone with a net worth of US$1 million or more.
Ultra-high-net-worth individual – someone with a net worth of US$30 million or more.
The most desirable and most expensive property in a given location, generally defined as the top 5% of each market by value. Prime markets often have a significant international bias in terms of buyer profile.
All exchanges rates calculated as at 1 August 2026.
