The UK property investor is often lured to the French Alps for investments into ski property. The culture, the ease of travelling as well as the prestige of owning property here has made that possible. Yet today many UK investors and other EU property investors are striving to purchase across the pond.
Canada's ski reports are seeing a large investment from European property investors. Because European prices in ski areas are so high – and as temperatures rise there – more are looking at Canada's ski resorts as offering more opportunities.
A good example of this is in the Canadian Rockies, in a resort that was opened in 2000 in the city of Golden located within British Columbia. It is a smaller location, but still offers several skiing choices. In addition it is growing, which means more opportunity for property investments.
Furthermore, the price is right in Canada. For example, a one bedroom location with 62 square metres off plan will cost about £133,000 in Golden.
Those that are unable or unwilling to invest in Canada will find opportunity in Europe. As reported by About Property.com, Mark Bodega who is the director of HiFX, said, "The French Alps are still tops for Brits seeking a place in the snow, with France accounting for 26% of all enquiries due to its close proximity and cheap airlines."
Ski property continues to be the most sought after type of second home and investment property during the first three months of the year.