INTERNATIONAL
USA US$175,000
FALL LINE, SUGARLOAF, MAINE.
One, two and three-bedroom trailside
townhouses adjacent to Sugarloaf’s
Snubber chairlift, at one of
New England’s premier destinations.
SWITZERLAND CHF 1,285,000
RESIDENCE ELISABETH, HAUTE NENDAZ.
Beautifully designed development in the
heart of the popular resort of Nendaz.
Spectacular views, 500 metres from the ski
lift.
www.chestertonhumberts.com.
Switzerland never experienced the
looking for larger properties.
Austria is the least well known of the
boom some destinations did, but
three Alpine destinations, but has good
build quality and excellent ski resorts,
hasn’t seen the price falls either.’
representing good value compared to
better known destinations. Jeremy
Rollason says, “Austria wasn’t particularly
Andrew Hawkins, head of international much higher – it doesn’t have these well frequented by Brits, traditionally,
at Chesterton Humberts; ownership is property market fluctuations that other but in the last five years or so it’s become
tightly regulated and foreigners need to markets have had. People are looking for more popular. It’s exceptionally good value
apply for a permit before buying. However, a safe haven.” still – anything up to 50 per cent cheaper
that is changing in 2010, when the federal It’s chalets that are selling best, rather than France and less than half the price of
government will hand over responsibility than apartments, since most of the buyers Switzerland.” He notes that the country has
for managing foreign ownership to the are people with both cash and families, a fifth of the total world market for
individual cantons. That, together with overseas skiing trips – up from 17 or 18
a five year property holding requirement, per cent last year.
has helped to smooth out the property Austria is also a year-round destination;
market, so that Switzerland never half the tourist nights at Zell am See and
experienced the boom some other Rauris, for instance, are in summer, against
destinations did, but also hasn’t seen the less than 40 per cent in the French Alps.
kind of price falls of other markets. “If you’re interested in summer use,”
Jeremy Rollason says Swiss business is Rollason says, “Austria is very much the
booming at the moment. “Our business is place to look, particularly for the more
normally 25 per cent France, 25 per cent value orientated buyer. A quarter of a
Austria, and 50 per cent Switzerland,” he million euros goes a long way in Austria –
says, “but at the moment the percentage in Val d’Isere and Les Arcs, with that kind
of people buying in Switzerland is much, A family activity requires family housing of budget, you’d struggle.”
PROPERTYdrum FEBRUARY 2010 37
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68