The sales market: resilience and new aspirations

Lockdown led to numerous signing delays during the first half of the year, but no sales brokered by the Cimalpes network were cancelled due to COVID-19.

Sales were spread out throughout the summer as new buyers came onto the market seeking to combine a leisure acquisition with a sound financial investment that would retain its value. So-called quality invest- ments are, therefore, on the increase, with luxury mountain real estate offering an alternative to finan- cial investments that do not necessarily guarantee higher returns, and may be more risky; the CAC 40 index, for example, has lost 15% of its value since the beginning of the year.

The sales market also benefits from the good image of the mountains, whose key attributes such as accessi- bility, wide open spaces and good quality of life, are in keeping with aspirations that were heightened during

the first lockdown. As a result, buyers are themselves creating a form of resilience; they want to enjoy life, be with their families and recharge their batteries, at the same time satisfying a need for security and keeping an eye to the future.

So-called quality investments are, therefore, on the

increase

The result for Cimalpes

The summer of 2020 has been the busiest since the company was founded 17 years ago. Many buyers are active in the market, not just the French, but also Swiss, Dutch, Belgians and Germans.

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