Have you ever dreamed of owning your own ski property? What does your dream ski property look like to you? A tranquil ski in ski out chalet or apartment in the French Alps, or maybe a larger place a little further down the valley to entertain all your friends and family. Maybe you are looking for a studio property in Chamonix, Samoens, Mozine or Meribel as an investment that you can use for an occasional well-deserved getaway.
Whatever your ideal scenario, French property investment experts French Private Finance (FPF) say there is no better time for non-French residents to get a mortgage in France with low mortgage rates, enabling you to make your dream a reality and buy that ski property you have always wanted.
In 2020 FPF are able to acquire incredible rates from 1.50% fixed for 20 years for non-residents. According to FPF, the reason for this is that the Tec 10, the index that suggests how much the French government should pay to borrow money over 10 years in France, fell over the summer of 2019 to its lowest ever level. As a result, French interest rates fell to their lowest ever levels, too.
The recent article from FPF, ‘What are the current market conditions to obtain a mortgage in France? should be read if you are interested in a French Ski Property.
If you would like to take advantage of these favourable mortgage conditions then you can contact French Private Finance today and see if they can take you that step closer to owning that ski property you have always wanted.
SnowOnly have over 3300 ski properties in almost 90 ski resorts across the French Alps, from studio apartments as low as €37,000 to a 6 bedroom chalet in Megeve at €17,000,000 and everything in between.
If you are considering buying any type of ski property in France then don’t miss out on our SnowOnly Buyer’s Guides and our guide on buying a French property after Brexit. We also offer a wide range of Investment guides for each of the ski resorts in resorts in France.