Posts Tagged ‘Edge’
February 21, 2015 | 
Author Currency Swing Gives the French Alps the Edge over Switzerland with Foreign Buyers in 2015
London, UK (PRWEB) January 24, 2015
Volatile currency markets have also caused the price of homes in French or Swiss ski resorts to swing heavily up or down for other nationalities. For Russians, rouble’s devaluation against the euro since January 2014 has pushed up the price of a French ski pad by more than 60 per cent. Meanwhile, Americans have seen their buying power in France surge, thanks to the dollar gaining around 15 per cent against the euro in the past 12 months.
By contrast, in January the cost of a home in Switzerland soared overnight for any foreigner not purchasing with Swiss francs, when the currency was unpegged against the euro and its value escalated against all major currencies. The euro weakened further this week when the European Central Bank announced the introduction of quantitative easing.
“The arrival of QE in the Eurozone combined with the Swiss Central Bank’s decision to unfix its currency against the euro could change the dynamics of the European ski property market in Europe this year,” said Julian Walker, director at Skiingproperty.com. “France, a truly international market, immediately becomes more attractive to foreign buyers – and it’s not only property that has become more expensive in Switzerland, but so have all the associated costs of ownership, including mortgage repayments. There could also be repercussions for the rentals market.”
“The number of Swiss popping over border to purchase in the French Alps should also increase this year, given the injection to their buying power. Buyers should note that there could be further falls in the euro, with the European Central Bank hinting at introducing quantitative easing for the single currency zone this month.”
Ski homes for sale through Skiingproperty.com include apartments at a new development in the centre of Meribel, a resort in the Three Valleys ski area that is especially popular with British people. Prices there for a luxury two-bedroom apartment, bought as a classic freehold, start from €750,000. Today’s (20th January) exchange rate gives this a Sterling value of around £572,000, while a year ago it would have been £620,000 – a difference of nearly £50,000. For a Swiss buyer, the apartment in Swiss francs has fallen to around CHF757,500 from CHF925,000 and for an American buyer to around $ 869,000 from around $ 1,017,000.
Skiingproperty.com has a selection of properties in the French Alps, including apartments from less than €200,000 to €12million chalets.
For further information or to enquire about:
Julian Walker
SkiingProperty.com
Tel: +44 20 8150 9502
Email: info(at)skiingproperty(dot)com
Website: http://www.skiingproperty.com
About Skiingproperty.com
Skiingproperty.com, which is owned and operated by international property specialist Spot Blue International Property, works with developers in the French and Swiss Alps to promote new and off-plan developments to the UK and wider international market. Since its foundation in 2003, Spot Blue International Property has established itself as a leading international property specialist and is a member of the AIPP and NAEA. The company’s high profile in the UK and worldwide means it is regularly quoted in the national press and invited to appear on panels at leading seminars and exhibitions.
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Tags: 2015, Alps, Buyers, Currency, Edge, Foreign, French, gives, Over, Swing, Switzerland | 
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Write-up by Lehman Hailey
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In this case, it would be the job of these specialists to conduct a investigation of prior records of the companies that aspire to take up the outsourced work, holding interviews, preparing a report of suitable candidate companies that could be considered for outsourcing work. This indeed is highly appealing, beneficial and spares the parent business a lot of needless be concerned. However, identifying a dependable business colleague is a quite tedious and time consuming job as a lot of issues have to be regarded as. This is where one feels the need to outsource the task of identifying and interviewing appropriate specialists to function for them. When firms outsource outsourcing jobs to professionals, they can rest assured that these jobs of locating specialists to manage their further function would be taken care of extremely meticulously.
The concept of outsource outsourcing is undoubtedly very rewarding. Considering the growing competition all about, it is, in truth, a necessity that can not and should not be overlooked.
About the Author
Real World Business is a team-oriented Internet Advertising outsourcing firm that specializes in visibility resources. You can email the company at support@realworldbusiness.com or talk to a Visibility Resource Specialist (VRS) at (866) 855-3337.