Inquire
Like the national market, the market for older apartments in the ski resorts of Savoie and Haute-Savoie yielded lukewarm results: half the resorts reported rising prices, particularly in the resorts of the 3 Vallées (Courchevel, Méribel and Les Ménuires / Val-Thorens) and of Skipass-Mont-Blanc (Les Houches and Chamonix Mont-Blanc). Conversely, one third of the resorts saw their prices decrease, particularly at Tignes-le-lac (-5.8%), La Clusaz (-2.4%), Grand-Bornand (-5.6%) and Gets (-7.3%).
In Tignes-le-lac, this decrease may be accounted for by the fact that this is related to the ageing part of the resort. Furthermore, it may be noted that, overall, Tignes prices continued to rise and all the more so as the resort is ever more attractive on account of the lack of snow (see summer skiing on the glacier)..
Image (1000*yyy)
In terms of prices, Megève and Val-d’Isère were the most expensive, €7,620 and €7,970 respectively per sq.m.
Due to unreliable weather over recent years and a lack of snow in the lowest resorts, high-altitude resorts were booming, with record occupancy rates as early as the first week of the New Year and throughout the winter season. This high occupancy rate does in fact offer a good rental return, which is highly attractive for investors, and this can explain the upward trend in prices. Attention is also drawn to the quality upgrading of numerous resorts such as Val-Thorens, Les Ménuires or Les Arcs, with 5-star luxury hotels and tourist homes opening up there.
Lastly, non-residents accounted for 18% of buyers on this market, a stable proportion year on year. The majority were English (45%), followed by French (15%), Belgians (12%) and Swiss (6%)..