The Alps covers an area of 191,000 square km and spans seven countries. Attracting up to four million visitors a year, the region boasts 36 per cent of the world’s ski resorts and captures 45 per cent of all global skier visits.
As the Alpine property market recovers, the region is once again attracting a growing number of second home buyers from across the globe. And, as Savills World Research and Alpine Homes reports in Alpine Property Market Spotlight, it isn't just high-end property that is being snapped up – more sales are taking place at lower price points.
Ultra prime property prices in the Swiss resort of Verbier average around €28,600 per square metre and €12,000 per square metre for prime property.
Switzerland’s position outside the EU cements its appeal as a safe haven for wealth and that results in a price premium for the country's top resorts. But there is good news for those with less deep pockets. Average prime property prices in the Swiss resort of Saas Fee are currently between €4,000 and €6,000 per square metre.