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Real estate in the mountains: 4 points to check to make the right investment

2024-03-02T10:34:26.894Z

Highlights: In the Northern Alps, the average price reached 7,000 euros in February 2024, which is 20% more than in 2021. If luxury chalets are sold at high prices, another category of accommodation can offer great opportunities. Second-hand apartments located in tourist residences (Pierre&Vacances, Belambra, Odalys, Maeva...) Built in large numbers thanks to an advantageous tax policy. Many homes are now looking for new buyers, offering their range of services for a price often much lower than those of the local market.


OUR ADVICE - Back on the market, old apartments located in managed residences can present great investment opportunities. But not all offers are equal. Here is the procedure to follow to sort it out and find your way around it.


It's a ritual that many vacationers practice.

After a good day of skiing or snowshoeing, tourists wander the shopping streets of the resorts, and make the inevitable stop in front of the real estate agencies with their windows well stocked with advertisements.

The very dynamic real estate market in French ski resorts continues to inspire dreams.

In the Northern Alps, the average price reached 7,000 euros in February 2024, which is 20% more than in 2021. Enough to dampen the ambitions of acquisition candidates?

Not so sure!

If luxury chalets are sold at high prices, another category of accommodation can offer great opportunities: second-hand apartments located in tourist residences (Pierre&Vacances, Belambra, Odalys, Maeva...).

Built in large numbers thanks to an advantageous tax policy, many homes are now looking for new buyers, offering their range of services (concierge or even swimming pool or spa, etc.) for a price often much lower than those of the local market .

Before you get started, however, you must ask yourself the right questions to get the most out of this investment, which is accompanied by some subtleties linked to its particular tax status.

Our experts help you refine your project.

1- The promise: contained prices, immediate returns and tax exemption

Flaine, Haute Savoie, beautiful 2 room apartment, located in a Pierre & Vacances residence.

Price 160,000 euros, well below the new selling price set at 210,000 euros.

Sophie Malot, a negotiator at Mountain Collection in Flaine, a subsidiary of Compagnie des Alpes, displays around fifteen announcements of this type.

In recent years, they have flourished in all winter sports resorts.

The Censi-Bouvard effect.

“From 2009 and the end of 2022, a system allowed home

buyers …

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Source: lefigaro

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