Covid-19: what consequences for the mountain market?
From any crisis, upheavals emerge, but while the impact of the Covid-19 crisis is undeniable, it does not seem to have affected fundamental trends. In terms of transactions, no sales were canceled within the Cimalpes network in 2020 due to the health crisis. Buyers have expressed the desire to combine purchase-pleasure and investment-refuge with an investment that also responds to new aspirations born of the first confinement: the search for nature, prioritisation of quality of life, return to accessible destinations. The transaction markets have therefore benefited more than ever from the positive image of the mountains.
For rental accommodation, Cimalpes prepares at the last minute. As if suspended from government announcements, bookings are very often blocked and look set to be less than a typical year despite the already visible interest of holidaymakers: enquiries are continuing, in the current uncertain climate. Also, the occupation of second homes by their owners could occasionally create tension on demand due to a more limited available supply.