There has actually never been a better time to invest in a ski chalet or apartment in the Alps for you and your family to start having the lifestyle you've dreamt of. With falling interest rates and French mortgage rules and regulations relaxing you could be living in your dream chalet in time to enjoy the upcoming winter season.
Whether you’re looking to invest in a holiday rental chalet or a place for you and your loved ones to partake in your favourite outdoor winter hobbies, such as skiing and snowboarding, there are so many options and ways you can turn your holiday home dream into a reality. Not only are many ski resorts in France receiving large investments for developments, but there are improvements in amenities at many locations, helping to make the resorts year round attractions.
Popular ski resorts that offer year round activities, such as Morzine, Chatel and Meribel, are always very popular with people looking to buy a ski chalet or apartment. One of the highlights of buying in the Alps is the fact that many of the resorts are buzzing year round, with skiing and snowboarding in the winter and everything from mountain biking and hiking to fishing and golfing available in the warmer months. The fact that you can use or rent out your property during both seasons is a huge plus point and may be the deciding factor for you when buying a chalet in the Alps.
You should also take advantage of the current attractive exchange rate and the strength of sterling against the Euro. The large year on year increase in the value of the pound means real savings for any UK buyers looking to purchase in France or other European countries that use the Euro. Match this with the lowest ever mortgage rates in France, and you have the perfect combination of factors to make your dream of owning property in the Alps, a reality.
You can look to secure a mortgage offer with a French lender with as little as a 20% deposit, but there are some things you may want to do to make your life easier and your application process smoother and a little faster. Opening a new French bank account can really help when you’re applying for a mortgage in France. Try to open an account and start making deposits and withdrawals as soon as you start seriously looking for property for sale in France. This may also help if you want to negotiate a lower mortgage product fee with your lender.
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