Verbier Vibrancy

Ski property prices in Switzerland continue to rise, with huge demand and limited availability driving the market, Abode2 finds out more

As buyers return to the Alpine market and look towards Switzerland as a 'safe haven' for all-year-round mountain holidays, prices are significantly rising due to a combination of demand and limited stock availability.

Resorts such as Verbier and Crans-Montana are in particular demand as the summer offering is strong. The main challenge for buyers is finding something that works, with Verbier in particular seeing some rocketing increases in price recently. Skiingproperty.com is listing chalets up to £20 million in the resort.

But, with very little room for development, the market in the resort will remain strong in the future and this is providing further confidence to buyers with money to spend, although there are many properties that work in the lower price bracket, starting at around £300,000 for a large studio apartment.

Verbier is located in the Valais Alps' heart, on a large south-facing plateau, open to the Combins and Mont-Blanc ranges. This location allows it to benefit from exceptional views and plenty of sunshine.

The resort conveys a high-end image and enjoys an international reputation thanks to many recognized establishments, tables with renowned chefs, prestigious events such as the Verbier Festival Academy or the Jumping International. Verbier has nevertheless managed to keep a dynamic and sporting soul.

Its ski area is one of Europe's largest areas with 412km of slopes, an incomparable setting, and excellent conditions. In summer, try your hand at mountain biking, hiking, or golfing. The nightlife is very lively with famous après-skis and numerous festivals.

Managing Director of Skiingproperty.com, Julian Walker, said: “Verbier has always been in high demand but now that Switzerland is becoming an even better proposition for buyers post Brexit, it is becoming increasingly difficult to find a property that is listed for non-Swiss residents. Where does it go? Unfortunately for any potential buyers in the future, it doesn't get any easier and prices aren't going to soften. That's the reality and yes there's pressure on property professionals to find even the most top end properties that are getting snapped up fast”