Savills Ski Report ranks Andermatt in the top five prime ski resorts
Savills Ski Report has analysed ski property worldwide for 15 years. In terms of growth and investment potential, the year-round destination of Andermatt is the most promising resort in the Alps. In a comparison of 44 destinations worldwide, Andermatt Swiss Alps took fifth place in the Savills prime price league. Andermatt scored very well on resilience to climate change.
There are numerous factors which can influence growth and property sales in a successful destination. First and foremost, there must be a residential property market. That market must also be open to foreign investors and the necessary leisure activity infrastructure (winter and summer) must be in place. In this ranking, Andermatt takes the top spot in Switzerland. This means that according to the recently published Savills Ski Report, the year-round destination of Andermatt is the most promising resort in the Alps.
Prime price property
Savills, a property agent in the prime price segment, ranked prime price property in 44 destinations worldwide. Among these destinations, Andermatt took fifth place in Switzerland. Courchevel took first place. Jeremy Rollason, Head of Savills Ski and Director for France, Switzerland and Austria, says: “Virtually all ski resorts in the Alps and North America have experienced strong price growth and transaction volumes. Competition for prime property is fierce.” This is clearly reflected in property sales in Andermatt Swiss Alps.
Savills ranked a total of 61 ski resorts globally on the indicators of reliability, snowfall, season length, temperature and altitude. Andermatt – surely thanks in part to the reliability of its snow cover – comes in in 20th place worldwide and in fifth place among the Swiss winter destinations. Other factors influencing the attractiveness and success of a ski destination include infrastructure and lifestyle facilities.
Savills Ski Reports
Every year, the experts at Savills gather a wealth of data and information from across their extensive network of professionals to produce a report that provides buyers with reliable guidance and insight into developments on the ski property market.
Andermatt Swiss Alps AG
Andermatt Swiss Alps AG, with registered office in Andermatt, plans, builds, and develops the year-round destination of Andermatt. In 2009 Andermatt Reuss came into being, with apartment buildings, hotels, and chalets. The Andermatt Swiss Alps Group also owns Andermatt-Sedrun Sport AG with its cableways, the catering brand Mountain Food, the Swiss Snowsports School Andermatt, an 18-hole, par-72 championship golf course, and the Andermatt Concert Hall. With the hotels, the sports infrastructure, the wide range of events on offer, and the properties, Andermatt Swiss Alps is pursuing the vision of becoming the “prime Alpine destination”. In doing so, it is committed to an intact environment and a sustainable future that will enable coming generations to have an extraordinary home. During high season, the Andermatt Swiss Alps Group has more than 1,000 employees working at the locations in Altdorf, Andermatt and Sedrun.