{"id":26662,"date":"2016-09-20T19:54:47","date_gmt":"2016-09-20T12:54:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/emiratis-among-leading-investors-in-europes-prime-ski-resorts\/"},"modified":"2016-09-20T21:40:27","modified_gmt":"2016-09-20T14:40:27","slug":"emiratis-among-leading-investors-in-europes-prime-ski-resorts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emiratis-among-leading-investors-in-europes-prime-ski-resorts\/","title":{"rendered":"Emiratis among leading investors in Europe's prime ski resorts"},"content":{"rendered":"


\nEmiratis were among the top eight buyers of properties in ski resorts last year, according to a new study by consultancy Knight Frank.The company’s annual Ski Property Report, which looks at trends in key global ski resorts, said that the range of nationalities buying in the most popular resorts in France, Switzerland and the US had diversified over the past six years. In 2010, most buyers either came from the US, UK, France or Russia, but other nationalities that have become more active buyers are Emiratis, Swedes, Dutch nationals and Belgians.Dana Salbak, the head of research at Knight Frank Mena, said: “Buyer trends have shifted over the last decade in the Middle East, as the region saw large capital outflows on the back of on-going geopolitical tensions.”While the residential sector in London has been the greatest beneficiary, wealthy families particularly from the GCC are now looking at diversifying their portfolios and seeking second homes elsewhere across Eur\u00adope.”She added that Knight Frank expects this trend to strengthen as improvements are made to infrastructure in key ski resort villages, which is helping to grow property values. This has included the addition of more five-star resort hotels and other attractions such as cycle trails, ziplines and music festivals with a view to creating more activity in these areas during the quieter summer months.Favourable investment conditions, particularly in France where investors in some off-plan schemes can reclaim VAT so long as commitments are made to rent out homes are kept, is also attracting buyers.Strict planning rules have meant that the market has switched from single chalets to serviced apartments. Prices in Europe increased at the fastest rate in the Swiss resort of Gstaad, where a lack of stock pushed up values by 13.3 per cent. It is the most expensive resort in the Alps, with \u20ac1 million (Dh4.1m) buying you just 32 square metres of space, compared with 40 sq metres in Courcheval, 65 sq metres in Val D’Isere and 95 sq metres in Chamonix.The study also identified up-and-coming resorts in several other countries including Bulgaria, the Czech Republic, Japan and Kazakhstan. The resort of Shymbulak, near the Kazakh capital of Almaty, has attracted skiers since the 1940s but more recent investment from both Russian and Emirati investors “has put the area back on the map, and there are plans to develop several new resorts”, it said.mfahy@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Emiratis among leading investors in Europe’s prime ski resorts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Emiratis were among the top eight buyers of properties in ski resorts last year, according...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-26662","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-6W2","jetpack-related-posts":[{"id":26634,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emiratis-among-the-top-investors-in-europes-prime-ski-resorts\/","url_meta":{"origin":26662,"position":0},"title":"Emiratis among the top investors in Europe's prime ski resorts","date":"September 20, 2016","format":false,"excerpt":"\r Emiratis were among the top eight buyers of properties in ski resorts last year, according to a new study by consultancy Knight Frank.The company's annual Ski Property Report, which looks at trends in key global ski resorts, said that the range of nationalities buying in the most popular resorts\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/winter-sports-resorts-on-the-wane\/","url_meta":{"origin":26662,"position":1},"title":"Winter sports resorts on the wane?","date":"May 26, 2016","format":false,"excerpt":"\r Winter sports destinations have long been considered desirable by status-conscious investors, but an element of doubt has crept into the market Our four-part series covers the dip in demand for winter resort properties that\u2019s causing some concern on the slopes of North America, Europe and Japan All property markets\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37326,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-properties-to-open-west-yas-villa-sales-to-non-emiratis\/","url_meta":{"origin":26662,"position":2},"title":"Aldar Properties to open West Yas villa sales to non-Emiratis","date":"December 7, 2016","format":false,"excerpt":"\r Aldar Properties has opened up sales of off-plan villas at its West Yas development to all nationalities. Abu Dhabi's largest listed property developer had started marketing the development of 1,017 four bedroom and five bedroom villas on Yas Island last year exclusively to Emiratis.The villas, located along the island's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":904,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/good-value-ski-resorts-in-france-2016\/","url_meta":{"origin":26662,"position":3},"title":"Good Value Ski Resorts in France 2016","date":"January 7, 2016","format":false,"excerpt":"\r The cost of ski passes at different resorts in France can vary by a factor of three, but enjoying some good skiing need not necessarily cost a fortune.\r \r Source : french-property.com\r Read more...Good Value Ski Resorts in France 2016","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69238,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-eye-ski-homes-for-holidays-and-investment-as-prices-head-higher\/","url_meta":{"origin":26662,"position":4},"title":"Investors eye ski homes for holidays and investment as prices head higher","date":"October 17, 2017","format":false,"excerpt":"\r World-famous ski resorts including the French Alps and Aspen, Colorado, are attracting more investors after prices of luxury homes experienced an uptick, but there are a few things to know before buying a resort unit for holiday and investment, according to property consultant Knight Frank. The resort area of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43337,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sobha-group-offers-one-day-only-special-offer-for-emiratis\/","url_meta":{"origin":26662,"position":5},"title":"Sobha Group offers one-day-only special offer for Emiratis","date":"February 8, 2017","format":false,"excerpt":"\r Developer will waive 2 percent fees for Emirati buyers at Sobha Hartland\r \r Source : arabianbusiness.com\r Read more...Sobha Group offers one-day-only special offer for Emiratis","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/26662"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=26662"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/26662\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=26662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=26662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=26662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}