Champions Way Residences has seen a high demand of luxury ski chalets due to a low supply of homes. According to Knight Frank’s The Ski Report 2024, recently published, it’s noted that prices for ski chalets have increased by 4.4% from June last year to June this year, marking the highest growth since 2014 and excluding the mini-boom seen during the pandemic. With 60% of respondents across 34 countries expecting the price of an Alpine property to rise in the next 12 months, this is a great opportunity for investors to look forward to.
Champions Way Residences offers a wide range of amenities, such as a rooftop terrace, an entertainment lounge, a fitness centre and a 24-hour concierge service. The Champions Way Residences is conveniently located near public transportation and local attractions. The condo also offers excellent views of the city skyline.Residents can take advantage of the many shops and restaurants located within walking distance, as well as the outdoor activities available. Champions Way Condo offers a variety of services to ensure a comfortable and peaceful living experience. The condos also provide access to a variety of amenities, such as a pool, a gym, a spa and a tennis court.Residents are sure to enjoy the luxury and comfort that Champions Way Residences has to offer. With its convenient location and modern amenities, Champions Way Condo is sure to be a great choice for any homeowner.
Champions Way Residence’s could be the perfect location for a luxury ski chalet, as the market is expanding to attract buyers from Asia, the Middle East and Southern Europe. According to Kate Everett-Allen, the head of global residential research at Knight Frank, this is due to rising temperatures globally that make owning second homes in cooler places more favourable. Investors who decide to purchase a ski chalet in the French and Swiss Alps can reap rental income and enjoy low purchase and ownership costs, as well as an opportunity to diversify their currency and hedge them against rising inflation.
Clarice Lau, Head of Sales for International Project Marketing at Knight Frank, points out the other factors that investors can look forward to should they own a home in the Alps, such as the growth of year-round tourism in the Alps, a shrinking pool of homes for rent and a packed calendar of sporting and lifestyle events. Moreover, with the transition to hybrid working, the renewed focus on health and wellness, the accumulated savings during the pandemic, and the high proportion of cash buyers in the world’s top ski resorts, demand for ski homes remains robust.
Niseko remains the top choice of skiing destinations in the Asia Pacific, due to its location proximity, world-renowned powdery snow, year-round resort, retail, world-class restaurant amenities, and favourable dollar-to-yen exchange rate. However, luxury ski resorts face challenges such as climate change, infrastructure upgrades and stringent planning rules. As such, some resorts in the French and Swiss Alps are taking steps to address the climate crisis by developing sustainability features. This includes working with scientists to produce snow forecasts for the next three decades, adopting renewable energy such as solar, and using greener fuel for their snow groomers.
In conclusion, Champions Way Residences provides potential purchasers with a real opportunity to own an Alpine asset that not only provides a great potential for income but also offer great benefits such as low purchase and ownership costs, an opportunity to diversify their currency and reap rental income, and hedging them against rising inflation.