Verbier breaks second home record

The mountain resort of Verbier is the most expensive place in the Alps for second homes, including high end resorts in other Alpine countries.

The latest UBS Alpine Property Focus Report shows on average a property in Verbier will cost CHF 21,500 per square metre, next is St Moritz at 21,200 and third, Zermatt at CHF 19,900.

Although price rises have been strong over the last 5 years – on average – 30%, UBS analysts suggest the market will stagnate this year as international demand is low. 

 

 

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