Skiing is one such sport that attracts millions of tourists annually. Some tourists love to return year after year to enjoy the sport; while others decide to make a more lasting commitment and look for a ski property in the region. If you are one of the latter ones who are looking forward to making a smart investment in the ski market, you are at the right place to acquaint yourself with all the dos and don’ts before finalizing the deal. Buying a worth-it ski property where, on one hand, sounds exciting and promising; on the other, it can turn out to be a challenging task. For many who have made their mind to buy a ski home, deciding on the location and weighing up all the pros and cons associated with the property create a state of commotion amidst confusion.
Here are some important points regarding ski property purchase, compiled especially to mitigate your confusion:
1. Season status: It would be wise if you acquire weather forecast reports and analyse past weather conditions. A settled weather and consistent snowfall seem to be the most inviting condition for choosing a region for a ski home. If scientists are to be believed, Austria awaits an unfavourable climate change; its snowline will get higher than what it is now – something as worrisome as 300 metres by 2050. However, nearer is the time, forecasted by the French Snow Research Centre, which will see a 1.8 degree Celsius rise in temperature and will ultimately shorten France’s snow cover above 1,500 metres. Other than that, the Switzerland’s Association of Winter Sports Resorts has found its annual season cut by 12 days since 1995.
2. Location of the property: The first factor that should be considered for deciding the location of the property is altitude. The best bet is to look for a property spanning somewhere above 1,500 metres or with a ski area above 2,000 metres. Besides, premising the decision of ski home purchase on the factors such as the distance of the property from ski area, from air base, from transportation routes, accessibility, etc. does matter.
3. Physical conditions along with facilities: There are many types of ski properties, including budget apartments and luxury chalets. It depends upon your choice and budget that guide you towards investing in a property. Also, making the decision family oriented or couple oriented would enable you to find the best property. Do not forget to note that there are properties which are built traditionally, and there are properties which conform to contemporary looks. Some are supplied with all the facilities that can make you taste sheer luxury, while rest are furnished with just the basic amenities.
4. Price of the property: If a property is characterised by everything desirable such as high altitude, desired accessibility, needed amenities, prospects of spurring it on strong rental demand, etc., the last thing that is considered as a pivotal feature is the price of the property. If it is too expensive to give another thought, it is advisable to look for other alternatives in other regions.
5. Prospects of making money: If the ulterior motive of making a good rental income is driving you to invest in the ski market, you should be prepared to do research and analysis in a detailed manner. Introduce the chosen ski property into the public domain, and see how better it can fare in your expectations there. The rent of the property depends on the size of the property and location.
Ski investment business can be anything but on the rocks. And there is one thing we have to agree on: the love for ski sport was not dampened, has not dampened and is likely to not dampen in the foreseeable future too. So, consider buying a promising ski home for a profitable venture. If looking for the finest ski property for sale, you should rely on ski property and ski investment real estate companies, like Ski Invest of stature and reputation.