Prices per square meter in Swiss ski resorts are skyrocketing. Because of the pandemic, houses and apartments in the mountains are booming. But there are still a few inexpensive places.
The prices for real estate in ski areas have risen sharply since the corona pandemic.
But there are still inexpensive places, such as Bettmeralp in the canton of Valais. One square meter there costs 4129 francs.
Real estate is still affordable in Fiesch in the canton of Valais. A square meter there costs 4,363 francs.
That's what it's all about:
On average, a square meter in a Swiss ski resort costs 13.8 percent more than in 2019.
The fault is the corona pandemic, which is driving people into the mountains.
While a square meter in Verbier costs 17,658 francs, you only pay 4129 for a square meter in Bettmeralp Francs.
The pandemic is driving the Swiss into the mountains. That drives up the prices for real estate: On average, a square meter costs 13.8 percent more than in 2019, as the real estate platform Realadvisor writes.
Because the demand for apartments and houses in the ski resorts has increased significantly over the past two years. The reason for this is the pandemic: The restrictions have favored the desire for a second home, it is said.
Prices rose most in the Graubünden ski resorts of Samnaun, Scuol, Motta Naluns and Parsenn above Davos. There, the square meter costs a quarter more than before the Corona crisis. In Obersaxen, prices have shot up by 24 percent.
Over 17,000 francs for one square meter
When it comes to property prices, places like Verbier remain, where one square meter costs 17,658 francs, and St. Moritz, where the Square meter costs 16,483 francs. In Zermatt, those interested can turn 15,259 francs for it. However, the prices there have not risen as much as in other places.
According to the study authors, this is due to the fact that places like Gstaad, Verbier or St. Moritz have a large number of permanent residents. People are settling there instead of buying second homes, which is why demand is lower and property prices are rising less.
Square meter prices have also climbed in cheaper ski resorts since 2019. The prices in Bettmeralp have risen by twelve percent and one square meter now costs 4129 francs. This makes the ski area one of the ten cheapest places in the mountains.
You can find out which other ski resorts are particularly cheap in the picture gallery above.
Places in Graubünden and in central Switzerland are in demand
The canton of Graubünden experienced the strongest price increase. There are eight ski resorts there, which have seen the strongest increase in the last two years. Overall, the prices in the 15 Davos ski resorts rose by 19 percent. This is probably due to the international media presence thanks to the World Economic Forum WEF in Davos and the reputation of St. Moritz as the second most expensive ski resort in Switzerland. In central Switzerland, prices have shot up by 18 percent. The ski resorts in the canton of Vaud have seen the lowest increase in the last ten years at 7.5 percent.
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