The value of properties located in the French Alps has recovered from the global recession according to Knight Frank Ski Index, a report which evaluates the performance of property in key winter sport destinations.
And Courcheval, Megeve and Val d'Isere have been announced as the strongest performing resorts in terms of sales activity.
The company's findings highlight the area's popularity with buyers from the eurozone, which is being put down to the fact that the holiday market for ski resorts is not seasonal. During the summer months there are also opportunities for rental income, a reason those looking for a second home with the potential for significant earnings are being urged to invest.
"Summer tourism, often involving hiking and climbing, particularly in the Alps, has helped to increase rental incomes for many second home owners," explains the company's Liam Bailey
Overall, Knight Frank found that annual price growth for ski properties Europe was 1.7 per cent during the second quarter of this year.
This follows a trend for rising house prices throughout the country. Property in France recorded an average increase of 3.3 per cent in the three-month period from April to June, compared to the previous quarter, according to reports by French organisation FNAIM.
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