Secondary Residences, Top 5 Mountains Destinations: Number 2 - The Swiss Alps, Gstaad, Verbier, Crans-Montana

Gstaad

Gstaad is renowned across the globe for its chic charm, discreet luxury, privileged affluent community and appealing region. This highly sought-after mountain village is nestled in a valley that remains lively all year round, and is popular for its authenticity, local life, activities and events, and the international profile of its residents. Gstaad is also an oasis of calm for celebrities from all over the world.

 

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The most sought-after neighborhoods

The pedestrian promenade and the edge of the ski pistes with ski-in ski-out access.

The most desirable properties

Finely-crafted chalets and apartments offering unobstructed views, wooden finishes, surface areas over 100 m², and contemporary interiors.

Client expectations

The clientele has high standards when it comes to the quality of real estate and the services offered such as a concierge. Most properties purchased are second homes.

Clientele

International, mostly European and ultra-wealthy looking to investments the solid Swiss franc.

Opportunities and perspectives

After price adjustments in recent years there are great opportunities to purchase authentic mansions in the countryside, with prices at more reasonable levels. The market is growing, posting a 2% increase over a year, yet prices remain appropriate making this safe haven once again an attractive proposition with its relatively limited exposure to world events.

What will 1 million swiss francs buy?

An apartment spanning 430 sq ft.

 

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 Verbier

Verbier is a dream come true for freeriding in winter and mountain biking in summer, and is linked to the 4 Valleys – the biggest ski area in the Swiss Alps. Verbier also owes its reputation to the fact it has preserved its original, charming, mountain village atmosphere.

 

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The most sought-after neighborhoods

Sonalon and Les Esserts, the first for its views over the valley and its vast, beautiful luxury chalets, and the second for its intimate, little-village atmosphere and direct access onto the pistes.

The most desirable properties

Recent chalets with wellness spaces, central locations, and views overlooking the valley.

Client expectations

Discreet, authentic luxury with a vast range of bespoke services.

Clientele

International and British for the most part. These clients have considerable assets and are among the world’s wealthiest individuals.

Opportunities and perspectives

After adjustments in recent years there are great Verbier has confirmed its position as a green village by focusing on regulated urban planning and working to develop clean local transport.

What will 1 million swiss francs buy?

An apartment spanning 861 sq ft.

Contact the real estate agency BARNES Verbier

 

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Crans-Montana

Perched at 1,500 meters of altitude in the midst of lakes, vines, and beautiful forests, Crans-Montana draws the world’s most renowned figures with its urban lifestyle in the mountains. The resort is home to gourmet establishments, Michelin-starred restaurants, and luxury boutiques including Hermès and Louis Vuitton – which are not available anywhere else in the Valais canton. Everything here is designed for relaxation and entertainment. Crans-Montana is also a desirable alpine resort thanks to its highly diverse range of activities and facilities (skiing, golf, hiking, luxury boutiques, cinemas, shopping, transport), and its exceptional real estate.

 

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The most sought-after neighborhoods

The center of Crans-Montana, and the Tsarbouye and Plans-Mayens neighborhoods.

The most desirable properties

Apartments and chalets in the center, or very close by, with views over the mountains or the valley. Properties with ski-in ski-out access are also very desirable.

Client expectations

Discretion and services such as transport, easy access, luxury boutiques, spas and well-being facilities.

Clientele

Mostly Swiss and French, with a portion of Belgians and Italians. Most are owners.

Opportunities and perspectives

The resort of Crans-Montana has made, and is continuing to make, considerable efforts in terms of its infrastructure, with new cable cars, an ultra-modern ice-skating rink, a road network, and building renovation. A new international school, the Regent College, was also opened two years ago, and a major five-star hotel and residence project is underway. The new establishment – the Six Senses Residences – is located at the foot of the Cry d’Err cable car, and will offer a hotel featuring 47 suites, along with 17 luxury apartments available for sale as second homes and open to international investors. Other global hotel chains are also interested in investing in the Haut-Plateau region.

What will 1 million swiss francs buy?

A two-bedroom apartment in the town.

 

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Source: Barnes Global Property Handbook
Photo Credit: Oleg Sidorenko

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