Tuesday 18 October 2011
Swiss customers invest their strong franc money in France
France’s border with Switzerland is becoming even more attractive than ever before to investors from Switzerland as the Swiss Franc gets stronger and stronger. That is just what Swiss buyers needed and they are becoming increasingly interested in purchasing real estate in the French Alps.
Buyers can now get a lot more for their money by turning to resorts like Chamonix or Morzine rather than their Swiss equivalents. Due to this surge in interest, property prices in many of these locations are now higher than they were when the market reached a peak four years ago. In fact, many of the French resorts have seen real estate values rise over the year to June 2011.
Among the best-performing French ski destinations in terms of sales activity are Megeve, Courchevel and Val d’Isere.
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