Alps Home Prices Rise Across Switzerland 2025.

Property prices in the Swiss Alps continue to rise sharply, according to the latest Alpine Property Index released by UBS. The report shows that residential property values in Alpine regions have increased by nearly 4% in 2025 alone, reflecting strong demand for homes in Switzerland’s most prestigious mountain destinations.

The price growth is particularly visible in popular tourist and luxury resort towns, where limited land availability and high international demand continue to push values upward. Holiday homes and high-end apartments in these regions remain highly sought after by both local and foreign buyers.

Among the most expensive locations, Gstaad stands out as the top-ranked Alpine property market, with average prices reaching around 25,200 Swiss francs per square meter for premium holiday residences. The Engadin / St. Moritz region follows closely at approximately 24,000 francs per square meter, while Verbier records around 23,600 francs.

Other high-value markets include Andermatt, where property prices reach about 22,200 francs per square meter, and Zermatt, with average prices around 21,000 francs per square meter. These figures highlight the continued strength of Switzerland’s luxury real estate sector.

Experts say the ongoing price surge is driven by several factors, including rising tourism demand, limited construction land in mountain regions, and strong interest from international investors seeking stable and premium real estate assets in Switzerland.

Analysts also note that Alpine properties are increasingly viewed as both lifestyle investments and long-term financial assets, further supporting sustained price growth across the region.

With demand remaining strong, the Swiss Alpine property market is expected to stay competitive, especially in high-end resort destinations where supply remains limited.

Why Gstaad Is Now Europe’s Most Expensive Alpine Property Market.

Switzerland continues to dominate the European Alpine holiday home market, with Gstaad securing the position as the most expensive mountain resort for luxury properties. According to a recent UBS study, premium chalets and apartments in Gstaad now average around CHF 25,000 per square metre, making it the highest-priced Alpine destination in Europe.

Engadin/St. Moritz follows closely with average prices reaching CHF 24,000 per square metre. Other prestigious Swiss destinations including Verbier, Andermatt, and Zermatt complete the top five rankings, with luxury properties starting at approximately CHF 21,000 per square metre. The findings highlight Switzerland’s continued strength in the luxury real estate sector.

Outside Switzerland, France’s Courchevel ranks as the most expensive foreign Alpine resort, with property prices averaging around €20,000 per square metre. Austria’s Kitzbühel follows at approximately €16,000, while Italy’s Cortina d’Ampezzo records average prices of about €13,000 per square metre.

The Alpine property market continues to benefit from growing tourism, major international sporting events, and improved financing conditions. Across Europe’s mountain resorts, holiday apartment prices increased by nearly 4% over the past year. Switzerland and Italy recorded the strongest growth rates, approaching 6%, while Austria experienced a recovery with growth exceeding 3%.

Remote working trends are also driving demand for mountain properties. Younger professionals increasingly seek flexible lifestyles that combine work and nature. At the same time, rising temperatures in urban areas have made cooler Alpine destinations more attractive for both investors and homeowners. Longer life expectancy and demand from retirees further support the market’s growth.

Industry experts expect Swiss Alpine property values to continue rising in the coming years. Switzerland remains highly attractive due to its economic stability, strong currency, investor confidence, security, privacy, and favorable tax environment. These advantages continue to position Swiss mountain resorts among the most sought-after real estate destinations in Europe.