More alpine sales are taking place at lower price points as the resilience of the ultra prime markets starts to ripple down the market ladder says Savills World Research and Alpine Homes in the Spotlight: Alpine Homes.

Jeremy Rollason said,  “12 months ago, we predicted prolonged periods of sunshine and blue skies for the Alpine property market. This may have been a somewhat easy prediction, given a recovering world economy, increased confidence and job security and in the case of UK buyers, a steady strengthening of sterling. 

“The Alpine property market however continues its upwards trajectory in terms of increasing sales volumes, up 52% year on year, although this does not necessarily mean rising prices. While buyers are more prolific for the above reasons, prices in the Alps have not generally kept pace with house price increases back in the UK, particularly in London.”

The report covers the Austrian, French and Swiss alps and includes the Savills Kakao Index which measures the cost of a hot chocolate on the mountain.