The French Alps may have experienced gridlock road conditions during January’s surprise blizzards, but that has not thwarted British enthusiasm for Alpine property. This has been aided for spring buyers by sterling’s strength against the euro.

Today’s exchange rate means a £55,000 saving in one year from March 2014 to date for a €450,000 property. There is nothing static about the French Alps property market, which has not only weathered the global economic downturn, but ushered in an era of innovation. There has been a shift toward multi-seasonal resorts, with the addition of a range of non-ski related pursuits. Moreover, green credentials and family facilities feature high on today’s property agenda.

Gone are the days of dusk to dawn skiing followed by little more than an evening meal. Nowadays a big choice of restaurants, bars and shops are complemented by spas and numerous indoor and outdoor activities basically Resorts have not only become more year round, but more environmentally sustainable and family friendly, too.

To add Leaseback gives freehold ownership with typically 10 weeks use a year. It’s like staying in a hotel but with an average two per cent gross annual return. Although the property is locked into a lease for 11 years the freehold owner can sell at any time.

Full article By Saundra Satterlee The Telegraph 14 Apr 2015 with contributions from MGM Constructeur, the French Alps' largest property developer. Article

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