An authentic, affordable, family resort
Thanks to its authentic architecture, which gives pride of place to wood and stone, the Savoyard resort of Valmorel, in the Tarentaise region, attracts many buyers looking for a pied-à-terre in the mountains.
When you set foot in this resort, it is difficult not to fall in love with its typical Savoyard mountain habitat. The small buildings in Valmorel almost all have wooden cladding on the front and a roof made of lauzes, these flat stones similar to slate. This ski in/ski out resort has 165 km of ski out runs, part of the Grand Domaine which also includes the resorts of Saint-François-Longchamp, Doucy and Celliers.
Affordable altitude prices
For such a charming resort, property prices are relatively affordable compared to other resorts in the Tarentaise. "You should expect to pay between €4,500 and €5,000 per square metre for an old property of any type, and €6,000 per square metre for a new flat," explains Bastien Mary, property negotiator for GSI/Foncia transaction Valmorel.
The vast majority of buyers are French, particularly from Lyon. "The resort does not attract an international clientele unlike others. This is what prevents prices from soaring," he adds. Valmorel is also a very family-friendly resort, particularly because everything can be done on foot and the ski area is suitable for all levels.
Small flats up for grabs
The resort's housing is also consistent with the clientele. "There are few large luxury chalets, but rather small two- or three-storey buildings," says Mallaurie Aspord, who is also a property negotiator for GSI Foncia transaction Valmorel. Located in the heart of the resort, along the Rue du Bourg, most flats have an average surface area of 30 m² and are often arranged with a folding wall to divide the night space. "Most of the residences in the resort were built on the same model, in 1977," explains Bastien Mary.
This type of property sells for around €160,000 if it has already been renovated and €125,000 if it has not. According to these two specialists in the resort, there are many opportunities to be seized: "Many of the original buyers from the 1970s and 1980s are selling today.
Focus on the Charmette sector
Beyond the small buildings in the heart of the resort, Mallaurie Aspord and Bastien Mary also advise looking at the Charmette sector.
This sector, located at the entrance of the resort when coming from Albertville or Moûtiers, is indeed undergoing significant development. Several new developments are underway, including Le Roc, which is due for delivery in 2024 and is being marketed by Foncia transaction Valmorel.
The complex consists of two buildings, again in the spirit of wood and slate, with a total of 45 flats, from T2 to T5.
This development meets the expectations of mountain buyers, particularly for a range of larger flats with all the comforts, at prices around €350,000 for a T3," explains Bastien Mary, who sees the Charmette district as having future potential.
The municipality's desire is to develop this sector, where we should undoubtedly see the opening of a mini-market and a new chairlift line one day.
Translated with www.DeepL.com/Translator (free version)
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