When going on holiday in a ski resort, whether it is in winter to ski or in summer to hike, you have to find a place to stay. Sometimes, you can wonder if it would be worth it to buy a place in a resort or if you should continue to rent. Let’s see some pros and cons for the two possibilities.
Pros and cons of buying
Buying an accommodation in Les Menuires, Les Arcs, Chamonix or any big ski resort is quite an investment. It is indeed just like buying a house but only to go on vacation. So it is something that needs to be carefully considered beforehand.
However, if you regularly go on holiday in a ski resort, you could save money in the long run. You would just have to go always in the same resort which can be both a disadvantage and an advantage because you can really enjoy a place you know well.
Also, if you have a place of your own, you can go several times a year and not only for the winter holidays for example. If you don’t have to pay for the accommodation, the cost of the whole vacation is considerably reduced.
Pros and cons of renting
The main disadvantage of renting your place in a ski resort for your holidays is money. This is money forever lost whereas when buying a place, even if you have a loan to pay back, this is money invested in something that is yours.
But the biggest advantage of renting is that you have the possibility to go wherever you want and change resort every year.
Finally, when you rent a place in a ski resort, you can sometimes get some advantages with it like a promotion on ski passes or some groceries delivery service.
To sum it up, you really have to think carefully before buying and make sure that it suits your needs but it does have a lot of advantages in the long run. If you choose to buy, you can look up properties for sale in St Martin de Belleville in the 3 Vallées resort for example. This is the largest ski area in the world!