Away from the exorbitant property prices of some Tarentaise resorts, Les Coches is an ideal destination for buying a low-cost pied-à-terre.
Facing Mont Blanc, Les Coches is part of the Paradiski domain, a vast area of 425 kilometres of pistes served by an efficient network of ski lifts. The cable car linking Montchavin and Les Coches makes it easy to get around, as does the Vanoise Express, a cable car that takes you to Peisey-Vallandry in just five minutes.
Do it all on foot
Built in the 1980s at an altitude of 1,450 metres and overlooking Montchavin at 1,250 metres, Les Coches, with its 6,000 tourist beds, has preserved its authentic charm. The ‘village spirit’, so dear to architect Michel Bezançon, translates into a resort where everything is accessible without a car, from the shops grouped around the village square to the slopes that you can access with skis on your feet. Everything you need for a trouble-free holiday,’ says Claire David, property consultant at GSY by Foncia Montchavin-Les Coches. It really is a resort on a human scale.
A little further down, Montchavin has an aquatic complex (balneotherapy, hammam, sauna, etc.), open in both winter and summer.
Mainly French buyers
Despite its many assets, the Coches resort is still attractively priced. ‘Buying a pied-à-terre here is an option for anyone with a budget of between €100,000 and €200,000. Transactions over €400,000 are quite rare,’ adds Claire David.
As the resort is not internationally renowned - although it does attract a few Belgian, British, Dutch and German buyers - the clientele is mainly French, coming from the Rhône, Loire and Isère departments, as well as the Paris region.
Stable property prices
The property on offer consists mainly of flats in residences built between 1980 and 2000. ‘There is very little new development, and the rare projects are hotel residences managed by a single professional operator’, explains Claire David. As far as property prices are concerned, the specialist in the Coches market has noted a degree of stability in recent months.
On average, you can expect to pay between €4,000 and €4,500 per m² for a property here. ‘Studios are trading at around €4,000 per m², and T3/T4 apartments can fetch more than €5,000 per m², depending on the location and condition of the property. The best-selling property is a one-bedroom apartment in good condition, measuring around thirty square metres and priced between €100,000 and €130,000.
Recently, it sold a 20 m² studio flat in Montchavin, in a 1975 building, to Parisians for €82,000, as well as a rather unusual property to local ‘CSP+’ buyers: a renovated T4 of around forty square metres (Carrez law), with mezzanine bedrooms, for €250,000.
Translated with DeepL.com (free version)
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