French ski season closes on a high with 17% increase in holiday rental enquiries

As the 2010/11 ski season enters its final throws, property owners in the Rhones-Alpes region of France should be pleased to hear of the 17% increase in holiday home booking enquiries received by the UK’s leading rental company, HomeAway.co.uk, compared to last season.

The most popular areas remained traditional family favourites with Chamonix Mont-Blanc topping the charts followed by Portes du Soleil and the desirable Val d’Isere – Tignes – Sainte Foy region.
Charlie Williams, Sales Manager of Terresens, one of France’s leading eco-friendly leaseback property developers and a keen skier, comments,

“Despite concerns over early season snowfall levels, the 2010/11 ski season in France has been strong. I visited a number of resorts such as Flaine, Chamonix and the stunning Sainte-Foy throughout the season and on each occasion the slopes were busy and villages bustling not only with French but also British, German and Italian ski enthusiasts.”

And it is not only HomeAway.co.uk who has seen France’s popularity as a ski destination rise this year. The latest data from Ski Horizon, a leading ski travel operator, reveals that France proved to be Europe’s most popular location for skiing holidays in the 2010/11 season with the resorts of Morzine and Les Arcs being the most popular.

As Charlie Williams goes on to explain,

“It is no surprise that France remains the most sought after European ski destination. The sheer scale of the ski domains, the quality of the slopes, the first class facilities and the established nature of the resorts with everything on hand just cannot be rivalled in my opinion. Those looking to buy a ski property for personal use or to rent out can do no better than the French Alps.”

Indeed with tourism to the region on the increase, the rental market is looking robust. A 2 bedroom ski apartment in the exclusive Val d’Isere – Tignes – Sainte Foy area for example can produce a weekly rental income of £1,129 according to HomeAway.co.uk which when combined with capital appreciation of 7.48% per year over the last five years makes purchasing a property in this area highly lucrative. 
Luxury ski apartments in Sainte-Foy, the hidden gem of the Alps, only 15 minutes from Val ‘dIsere,  are in fact proving very popular with investors as prices remain affordable and they offer the best of both worlds through the established leaseback program.

Available from €164,000, the 4* one, two, three and four bedroom ski-in ski-out apartments are fully furnished with first class on-site amenities including indoor pool, spa, sauna, parking and ski locker. The apartments also hold an ecological rating of 112 (out of 150) – one of the hallmarks of Terresens properties.

As part of the leaseback program owners can now receive an additional 0.5% rental income on properties in La Chapelle raising the guaranteed returns to 4.3% for 18 years in addition to one week’s personal usage. This special offer only extends until 30th April 2011 and with only a limited number of units remaining now is the time to buy.

For more information about purchasing a ski property in France, the leaseback programme or the special offer at La Chapelle, Sainte Foy, contact Terresens today on +44 (0) 207 714 681 or visit www.terresens.co.uk.