Following a strong season for ski property sales, a number of property developers in the French Alps have unveiled a range of discounts to boost sales before the official end of the season, it is claimed. Increases on forecasted sales for the 2012/2013 season have enabled alpine developers to leverage offers and soften their prices to provide an end of season sales boost before the summer, according to French property experts Athena Advisors.
‘For some developers this has been the best season since 2006/2007 and they want to keep it going for as long as possible. Developers know that the current all time low mortgage rates won’t be around forever so they’re making it as easy as possible for investors to capitalise now,’ said Nicholas Leach, partner at Athena Advisors. [click to continue…]
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