A "pied-à-terre" in Méribel or Courchevel is the dream of many buyers, both French and foreign. And the current economic situation in no way taints the real estate market of these two Savoyard ski resorts.
The real estate markets of Méribel and Courchevel are exceptions. In these two high altitude villages, stone often has an inestimable value! Each has some of the most beautiful mountain chalets, the most beautiful apartments at the foot of the slopes... Slopes which, precisely, have elevated Méribel and Courchevel to the rank of the most courted French municipalities in the world. Both are located in the heart of the 3 Valleys, the busiest ski area on the planet. Just that.
€10,200 per m² on average This attractiveness has kept real estate prices at the top for almost 50 years now. According to the Chamber of Notaries of the Pays de Savoie, the value of the stone has increased by nearly 12% in one year, all types of property combined, in the sector. Properties sell for an average of €10,200 per m² in Méribel and Courchevel. The current context of rising mortgage rates and tougher loan granting conditions does not change this. “On the contrary, the demand is still as high, while the supply remains weak. So the prices continue to climb,” explains Sabine Gorrand, negotiator at Foncia Transaction in Méribel. “Buyers are less or less affected by this situation,” confirms Floriane Chedal-Anglay, real estate consultant at Foncia Transaction Méribel. It must be said that the transactions carried out in these two resorts concern almost exclusively second homes. “Buyers make a pleasure purchase. These are profiles who have the means to afford this dream. They therefore have little or no recourse to borrowing, ”she continues. Many of them are also looking to invest their cash, partly accumulated during the health crisis. “And the real estate marketbilier de montagne est une très bonne valeur refuge », affirme Sabine Gorrand.
A diversified offer of goods This is how properties easily find takers. “From studios to chalets, all types of housing and all surface areas appeal. We often don't have time to publish ads: buyers agree to be on the waiting list and position themselves very quickly as soon as a property is put up for sale,” says Floriane Chedal-Anglay. Beyond the recent chalets and large apartments, which fetch several million euros, the studios, long shunned, have regained luster in recent months. “It is no longer rare to see them go for €10,000 per m², when they did not exceed €7,500 per m² three years ago”, observes Sabine Gorrand. "Most of the demand is still focused on T3s," says Floriane Chedal-Anglay. The offer, although not very high, remains rather diversified: “Prices range from €3,000 to €30,000 per m², depending on the services of the properties, but also on their location”, estimates Sabine Gorrand. The further you get from the slopes, the more they drop. This is the price of the dream!
Translation made by Google translate
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