Strong dol­lar at­tracts in­ter­na­tional buy­ers

French Property News - - News -

The strength of the dol­lar against the euro (20% stronger over the past two years) has en­abled wealthy in­ter­na­tional in­vestors from the USA, Asia and the Mid­dle East to pick up lux­ury prop­er­ties in the French Alps. Ac­cord­ing to ski­ing­prop­, the high-end re­sorts of Méri­bel, Courchevel, Morzine, Cha­monix, Val d’isère and Megève are par­tic­u­larly sought af­ter. Trump’s elec­tion and the gen­er­ally un­set­tled po­lit­i­cal con­di­tions have sparked Amer­i­can in­ter­est in in­vest­ing in Euro­pean prop­erty.

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