How investors can Alp themselves

Released on: February 11, 2008, 10:40 am

Press Release Author: Jim watson

Industry: Real Estate

Press Release Summary: Investors in property looking to make a good return can do so
in many locations in France, be it the popular sand and sun resorts of the Cote
D\'Azur, the wine regions

Press Release Body: Investors in property looking to make a good return can do so in
many locations in France, be it the popular sand and sun resorts of the Cote D\'Azur,
the wine regions, the hustle and glamour of Paris or the new London commuter belt
across the channel that the faster Eurostar may develop.

To all this variety may be added the Alps property. Despite fears to the contrary,
Alphine ski resorts property in that part of the world have not suffered the sort of
winter they did last year, when the mild weather turned the white pistes into brown

A number of attractive locations exist for property investors, either for their own
purposes or as investors looking to rent out ski property to wintersports

One new prospect reported this week by Homes Worldwide is Montgenevre, a village
close to the Italian border which has undergone major regeneration in order to boost
its fortunes. Investors looking to enhance theirs may wish to look at the new
apartments being built in the locality, which in addition to the spending of
millions of euros on wintersports facilities will now have the advantage of being
much quieter than it once was. The reason for this is that the road through the
village which linked France with Italy has now been re-routed through a tunnel
underneath at a cost of 30 million (22.3 million).

But it isn\'t just freshly redeveloped locations which have been tipped to do well.
Recently the Daily Telegraph reported that Vaujany, near Grenoble, was one of the
top ten ski resorts in the world for investments.

The Association of Independent Tour Operators (AITO) told the paper: \"Vaujany is a
hidden gem - it\'s a village resort with world-class skiing, having direct access to
the entire Alpe d\'Huez domain. It is still small, but has one of the largest cable
cars in the world and skiing from 3,300 metres down to 1,100 metres\".

It is not just a resort with second home potential, however, with Homes Worldwide
stating that investors have seen prices rising by eight per cent in the last year.

Another Telegraph article pointed out just how lucrative Alpine property could be.
It stated that many who own ski homes in this part of the world were often missing
out on a major source of income, using the property for a short time then leaving it

The paper pointed out that figures from Mintel showed 60 per cent of Britons who
holiday abroad stay in private rented homes. At the same time, the paper noted, just
24 per cent of those who own property abroad would think about renting it out when
they are absent.

It notes that Holiday Rentals, a firm specialising in Alpine accommodation, would
look at charging 250 a week per person for a two-bed apartment in France.

Clearly, it would appear, some owners of property in the Alps are sitting on an
extra source of income without using it. Those looking to buy property in the area
for buy-to-let may wish to make full use of such prospects.

In today\'s world Property investment is an excellent investment option especially
investment in UK

Web Site:

Contact Details: Address:Assetz House, Newby Road, Stockport,Cheshire

zip:SK7 5DA

ph:0845 400 7000

fax:0845 400 6010

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