Global ski property prices

• ASPEN

Famed for its glamour and lively cultural scene, Aspen is a magnet for wealthy domestic buyers. Increased demand and lower stock over the past year has pushed prices up in what is generally a low-transaction luxury market.

• KITZBÜHEL

Typically, 80% of buyers in this small Austrian town are from Germany or the domestic market, but the resort is becoming more international. Buyers are looking for high-quality and furnished properties, which is driving demand for land from developers.

• ANDERMATT

Demand and prices have increased over the past year as the ambitious Andermatt Swiss Alps development project advances and the new ski-lift link between Andermatt, Sedrun and Disentis opened. The resort is also a popular summer destination, aided by its new golf course.

• VERBIER

Although prices have fallen slightly over the past year, property values remain comparatively high and transactions are consistent. This cosmopolitan and ever-popular Swiss resort continues to attract a diverse visitor and buyer pool internationally.

• MORZINE

Buyers are drawn to this French resort because of its dual-season appeal and the availability of high-quality new-build schemes. There is a buzz around the proposed new ski lift that will connect Morzine to Avoriaz, giving faster and easier access into Les Portes du Soleil.

The influence of location

Asking prices are useful for comparing property markets, but a more revealing comparison is the value of two hypothetical prime properties. Savills agents value two examples for their respective resorts

To hear more from Sophie Chick, director in Savills world research, and Jeremy Rollason, head of Savills Ski, discussing our latest research into the ski property market, listen to our Real Estate Insights Podcast: the ski report 2019.