To guide you in this universe between pleasure investment and building lasting assets, the portal specializing in new real estate, Find-un-logement-neuf.com provides you with up-to-date data. Immersion in the resorts of the Alps, to discover the new programs still available, the commercial launches and explore the practical prices in tourist residences as well as in classic co-ownerships. As the winter holidays approach, here is a clear view of the market, making it easier to find your rare gem in the resort.
Despite the climatic hazards at the start of the 2024 winter season, the French mountains continue to demonstrate their resilience, having already overcome the challenges posed by the previous health crisis. Much more than an exclusive destination for winter sports, the tricolor resorts are transformed into places of life in their own right, offering a unique experience all year round thanks to modern infrastructure and equipment. The adaptability of resorts to all seasons contrasts with weather difficulties, opening the door to new prospects for real estate investors.
Here is an overview of new real estate prices in the mountains during this 2023/2024 winter season to find that rare gem in the resort!
New perspectives for new real estate in ski resorts
As the 2023/2024 winter season is in full swing with snowfall now abundant, new real estate in the mountains in France continues to reinvent itself, offering exceptional opportunities in idyllic settings. The French mountains, formerly associated only with the winter season, have transformed into a 4-season destination, attracting growing interest despite the vagaries of the weather.
Since the health crisis, mountain real estate has undergone profound changes, reflecting changes in lifestyles. Teleworking, adopted massively, has opened up new perspectives, encouraging many buyers to invest in second homes which become semi-permanent living spaces.
These transformations put pressure on real estate prices in the mountains. The scarcity of new operations, combined with the ZAN (Zero Net Artificialization) law, limiting the available building land, leads to a significant increase in the heritage value of real estate in the mountains.
New altitude programs
The new mountain real estate market for 2024, however, promises unique opportunities. Commercial launches are underway in Méribel, Manigod, Sainte-Foy-Tarentaise, etc., offering new programs to discover. If available land is limited, this does not prevent developers from embarking on rehabilitation/renovation operations of old hotels or old co-ownerships.
Thus, in the center of Morzine, in Haute-Savoie, the former Beauregard hotel is rehabilitated, presenting a project of three authentic chalets with spacious and bright interiors. The renovated hotel offers new apartments ranging from T2 to T5. A second building will be a private chalet of 205 m², in traditional and refined architecture, while a third chalet will include only 3 new apartments: a T2, a T3 duplex cabin, as well as a T3 Triplex.
Investing in new things: diversity of products and price differences
New real estate in the mountains offers two main options: purchasing a tourist residence, focused on rental investment with a few weeks of occupancy reserved, and classic co-ownership for the acquisition of a traditional second home. Prices vary depending on these choices, with tax advantages linked to recoverable VAT in LMNP (Non-Professional Furnished Rental) status.
The diversity of resorts, from premium ski-in/ski-out locations to more isolated neighborhoods, also influences prices. Destinations like Monêtier-les-Bains, the Serre-Chevalier ski area, offer affordable options, while prestigious resorts like L'Alpe d'Huez or Val d'Isère are seeing exceptional new programs emerge, attracting a customers ready to invest in exclusive real estate.
But perhaps the best plan is to choose a town in the mountains. In Saint-Gervais-les-Bains, in Fayet, you can find affordable prices starting from €312.000 for a T3, close to the TGV station and the new Valléen elevator, connecting the snow front, 1.000 meters of altitude difference higher in around fifteen minutes, thanks to this new generation soft mobility, which must be delivered by Christmas 2024. At the same time, the new wastewater elevator, whose delivery is scheduled for spring, will allow it to connect the thermal baths, the gaming casino, the city center, facilities such as the ice rink or the swimming pool or the bungee jumping or via ferrata spots in a few minutes. Enough to free yourself from the car while enjoying all the attractions of the resort.
La Belle Aurore at Alpe d’Huez: an exceptional program
Among the gems of new real estate in the mountains, the La Belle Aurore program in Alpe d'Huez in Isère stands out for its exceptional character. Developed by the developer Priams, this project offers a unique residential experience in the heart of the Alps. Offering spacious and luxurious living units, La Belle Aurore offers for example a T5 of 145 m² from €2.087.000, a T7 of 271 m² at 4,6 million euros and a chalet of 205 m² for 3,1, XNUMX million euros. These residences embody the perfect marriage between modern comfort and alpine authenticity, offering breathtaking views of the ski area.
Examples of prices in different stations in 2024:
- Chamonix: from €860.000 for a T3
- Flaine: tourist residence from €425.000 for a T3
- Samoëns: from €395.000 to €526.000 for T3s
- Les Saisies: from €475.000 to €505.000 per T3
- L’Alpe d’Huez: from €519.000 to €1.3 million for 3-room apartments
The evolution of key trends for winter 2024:
- Opt for a 4-season resort: the mountain is now positioned as an attractive destination all year round, offering coolness in summer and skiing in winter; but also moments of calm and relaxation at All Saints' Day or at the start of spring. Village resorts that live all year round allow you to come and telework.
- The mountain, an island of cool in the face of global warming: during periods of heatwave, mountain real estate becomes sought-after refuge, offering a refreshing environment and the potential to extend rental periods for investors.
- Choosing new housing in the face of the Climate and Resilience Law: the new Climate and Resilience law gradually banning the rental of energy sieves, DPE E, F and G, reinforces the appeal of new real estate in the mountains, meeting the latest standards environmental and offering eco-responsible residences, with reduced energy bills.
In this winter season of 2024, new real estate in the mountains therefore continues to attract investors. There are opportunities and perspectives for unique moments of life in the heart of the Alps to be unearthed.
New mountain real estate prices in real time
*RT = Tourist residence
Methodology: a real-time calculation method
Examples of prices in euros from for a new T3 apartment, with two bedrooms, observed on 18/01/2024 in winter sports resorts with new housing operations currently listed on the site: Find-un-logement-neuf.com.
Caution - Please note that these are examples of sales prices currently practiced in resorts and not average prices, contrary to our usual barometers. The number of operations for each station is in fact not sufficient to establish price averages.
Illustrative image of the article via Depositphotos.com.