Ski properties have always been a good investment, but with sterling outperforming the Euro and record low mortgage interest rates, now is the perfect time to invest in chalets for sale in the French Alps, but how do you ensure you're making the most for your money? Well, many buyers choose to rent out their ski properties when they're not using them, and it can be a great way for your property to essentially start paying for itself.
With that in mind, we've put together the following tips so that your ski chalet in the French Alps will pay for itself - even during the summer:
1. Location, location, location
We're starting with that old chestnut for good reason. According to one of the top holiday lettings websites, dual season resorts such as St. Gervais, Morzine, Les Gets, Meribel and Chatel are among the most popular when it comes to rental demand, and the most important thing you should look for is proximity to the slopes and/or centre of town. Just remember; always weigh up the cost of your chosen chalet wisely. The most costly properties may not always bring you the best rental rates.
2. All the mod-cons
These days, one of the most important things you're going to need is WiFi, along with a good quality (modern) TV with English and French channels available. Guests are also going to want all the basics they'll need to feel at home, such as a fully (or partially) equipped kitchen, plenty of towels for the bathroom, extra sheets and blankets and so on. Provisions for families such as cots, high chairs and changing facilities may make your property even more desirable - easy access, parking, and also space for bikes in summer is a huge bonus.
3. Picture perfect
Presentation really is key, so keep your chalet looking at its best with clean lines and contemporary furnishings - perhaps even take advice from an interior decorator. To give your rental chalet the best chance of success, take professional-looking photos to advertise to potential guests. Show a variety of good angles using the best available light - although you can use editing software to brighten up dark photos a little if necessary. Don't forget to write a full and welcoming description covering all aspect of the property, including facilities, amenities and nearby activities/restaurants etc.
4. Welcome pack
It's prudent to supply your guests with a welcome pack containing local tourist information, such as lift opening times, schedules for beginners' ski lessons, ski shuttles and equipment hire shops. Going out of your way to provide a welcome hamper is also a sure-fire way that your property will stick in your guests' minds for future - it's definitely worth that little extra effort.
5. Income and insurance
Finally, a French accountant will be able to advise you on how you should declare your income from any property you let out in the French Alps, and you should also make it a high priority to get the correct insurance so that you'll be covered if anything does happen to go wrong while you're not there.
Interested in property for sale in the French Alps? Get in touch with the team at Alpine Property Investments today - we'll be happy to help you find the perfect ski property that you and your guests will enjoy throughout the year.
Be sure to stay up to date with all of the events and happenings across all of the Alpine Property Investments resorts by following us on social media, including Facebook. Twitter, Linkedin and YouTube.