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Switzerland's rules for foreigners wishing to buy vacation homes have always been stringent, with limits on the number of sales by canton.
They first flocked to spend holidays on the beach and then to buy vacation condos, sometimes more than one and mostly for cash.
While Switzerland's permit process for foreigners wishing to buy vacation homes is notoriously stringent, it is a simple process for foreigners who hold work permits.
"So many people buy vacation homes — and then retire to them — in areas that they like but where they have no ties and no friends," he said.
Many people from New York City buy vacation homes in the mountains near Saugerties because they are less expensive than those in Woodstock.
David A. Cannon, a Manhattan real estate lawyer, has just one piece of advice for couples who want to buy vacation homes with friends or even friendly acquaintances.
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That is the ethos that guides the thousands of amateur riders who buy vacations like this from the 50 or more tour groups that offer Tour de France packages.
Now their land is more valuable: wealthy Russians have begun buying vacation homes here.
Americans have been buying vacation properties in Canada since the days of the Roosevelts and Campobello Island.
Well-to-do Florentines traditionally bought vacation homes in Castiglioncello, Mr. Fargion said, but in recent years foreign buyers, many of them Russian, have dominated the market.
Mr. Coughlin, a professional drag racer from Delaware, Ohio, and his wife, Julie, are among the many who in recent years have bought vacation homes at spa resorts.
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