Property prices in French ski resorts ‘bounce back’

The value of properties located in the French Alps has recovered from the global recession, with eurozone buyers helping to boost the market.

This is the finding of the latest Knight Frank Ski Index, which evaluates the performance of real estate in key winter sports locations.

According to the organisation, the resorts of Courcheval, Megeve and Val d'Isere have shown the strongest performance in terms of sales activity.

Liam Bailey, head of residential research at the firm, explained that this kind of French property is performing better because it has become less seasonal.