Investing in ski real estate: Tips for the first-time ski property buyer

By
Real Estate Agent with Be Basic CEO

As fast as 2020 ends, 2021 is just around the corner and it’s time to look forward. Consider buying ski property as an investment. You can spend your entire life skiing in your favorite resort. You’ve got a safe haven in the mountains where you can enjoy fresh air, fitness, and make lifetime memories. You can turn your second home into a second office if you like. Ski property has appealing appreciation value over years, so you’ll be making a good investment. You can enjoy the winter, high in the mountains. If you’ve decided to buy a ski apartment or a chalet, please continue reading to find out our top tips. 

Hakuba – the best ski town to purchase a second home 

Needless to say, location is the most important consideration when purchasing a home in the mountains. Property prices in the French Alps are high. If you want a place that offers the perfect balance of snow, resort facilities, and property prices, take into account Hakuba, located in the heart of the Japanese Alps. Not only can you enjoy Hakuba ski but also scenic views and serenity. Overseas investors and developers have their eyes set on this ski resort. And so should you. There is a wide range of properties for purchase. Keep in mind that Hakuba is only 3 hours away from Tokyo. It’s not the only place worth mentioning when acquiring a second home, but it’s at the top of the list for good reason. 

Give your real estate agent a jumpstart 

Don’t look at listings on Zillow, which are full of ads. You risk contacting someone who doesn’t have any idea about the listing you’re viewing. If you’re ready to look at properties, talk to your real estate agent and let them know about your plans. It can take time to find the perfect ski home where you can park your gear and hit the slopes anytime. Besides helping you with the property hunt, the realtor will communicate on your behalf, therefore, streamlining the process. They will call property owners, gather updated information, and get the best deal possible. Don’t forget that this is a service industry. To be more precise, the real estate agent will work hard and go the extra mile to make you happy. 

Don’t focus only on your budget 

If you have your very own ski apartment or chalet, you can build lifetime memories, create new traditions, not to mention that you have a safe refuge when you want to get away from it all. If you’re not planning a ski trip to Japan any time soon, make money on your investment. You can attract renters and make extra income. Attention should be paid to the fact that a ski property entails some expenses. In addition to bills, you must consider running costs. More exactly, you’ll have to pay management and maintenance if you’re relying on a company to handle the rental. Don’t forget about capital gains tax. Consult with a financial professional and seek advice about your specific situation. 

Comments (1)

Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Stephen,  Thanks for sharing these pointers on investing in ski area real estate.  Good information for buyers to know.

Dec 21, 2020 03:51 PM