Many have spent the recent lockdown nostalgic over the joys of travel and looking forward to planning future trips. With holiday season now taking off as borders begin to open, the thought of permanently owning a holiday home to escape to, doesn’t have to be a distant dream.
Forecasts from Credit Suisse have shown that, though the sudden restrictions in movement meant an understandable drop in the demand for second properties in Europe, the value of these homes remained stable. Looking at Switzerland specifically, the market pause was only temporary, and this break in demand was reversed as restrictions began to ease in Switzerland in April. The bank is now predicting rapid normalisation and a sustained recovery.
These factors combined are encouraging to those considering purchasing a holiday home, and with a recent survey showing 44% of respondents considering this, it seems the prospect of owning a second home in a desirable destination is on the rise. Residences at Hard Rock Hotel Davos is a strong contender when it comes to holiday home opportunities, with great skiing in the winter season and stunning landscape in the summer, creating a home you’ll want to go back to over and over again. Meanwhile, access to the hotel’s unrivalled amenities and property management services help make the homes an asset which holds value for years to come.
With European markets already on a positive recovery and the travel industry widely poised to reopen, now is a great time to consider buyingthe home of your dreams at the Residences at the Hard Rock Hotel Davos.