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What do the latest numbers reveal about the French Alps' real estate market? Are property prices climbing, or are they leveling off? Which areas offer the best rental returns, and how does international interest shape these patterns?
We’re frequently asked these questions because we’re deeply engaged in this market. Through our collaborations with developers, real estate agents, and clients investing in the French Alps, we’ve gathered firsthand insights into these trends. Instead of addressing these queries individually, we’ve crafted this article to share essential data and statistics with everyone interested.
Our aim is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve missed something important, feel free to reach out. Your feedback helps us create even more valuable content for the community.
How this content was created 🔎📝
Fact-checked and reviewed by our local expert
Laurence Rapp 🇬🇧
Sales representative at Skiing Property
1) A four-bedroom chalet in Chamonix averages €1.5 million
The average price for a four-bedroom chalet in Chamonix is €1.5 million.
In 2023 and 2024, the price per square meter for a chalet in Chamonix was around €11,800. This is notably higher than the price for apartments and houses, which were €8,393 and €11,034, respectively. Chalets, being more luxurious and spacious, naturally command a higher price.
Chamonix is a hotspot for tourists and second-home buyers, which boosts demand for chalets. The breathtaking views, skiing opportunities, and vibrant lifestyle make it a sought-after location, pushing property prices up.
These factors make it clear why a four-bedroom chalet could average €1.5 million, even if this specific figure wasn't directly mentioned in past sources.
Sources: Chamonix Real Estate News, Cimalpes, SeLoger
2) Ski-in/ski-out properties in the French Alps average €1.2 million
The average cost of a ski-in/ski-out property in the French Alps is €1.2 million.
In Courchevel, property prices are quite steep, with apartments costing around €11,807 per square meter and chalets at about €12,111 per square meter. This reflects the area's reputation for luxury and exclusivity.
Méribel follows closely, where apartments average €10,939 per square meter and chalets are priced at approximately €12,075 per square meter. These figures highlight the premium nature of these sought-after locations.
Val d’Isère is another hotspot, with apartments averaging €11,200 per square meter and chalets reaching a hefty €16,100 per square meter. The allure of these resorts lies in their exclusive settings and top-notch amenities.
Sources: Skiing Property, Alpes Invest, Emerald Stay
We did some research and made this infographic to help you quickly compare rental yields of the major cities in France versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
3) Luxury property sales in the French Alps rose by 12% in 2024
In 2024, the French Alps saw a 12% rise in luxury property sales.
This surge happened even as the global real estate market slowed down. The French Alps stood out with plenty of properties available, drawing in buyers. Popular spots like Courchevel, Megève, and Val d'Isère offered high-end chalets and top-notch amenities, making them irresistible.
Across France, the luxury real estate market was thriving, which likely boosted interest in the Alps. Nationwide, significant transactions were happening, and this trend spilled over into the mountain regions.
Investment in mountain resorts kept the area appealing. With ongoing construction, the French Alps maintained their charm, ensuring stable and attractive prices for potential buyers.
These elements created a perfect storm for luxury property sales in the French Alps, leading to the observed increase in 2024.
Sources: Michaël Zingraf Real Estate, Actualite-Immobilier.fr, French Estate Agents, MySweetImmo.com
4) A one-bedroom apartment in Val d'Isère averages €400,000
In Val d'Isère, a one-bedroom apartment typically costs around €400,000.
In 2023, Le Figaro shared that the median price per square meter in Val d'Isère was €14,400, with prices ranging from €9,824 to €21,284. This means that even smaller apartments can quickly add up in cost due to the high price per square meter.
Emerald Stay also reported an average price of €13,970 per square meter, with a wide range from €9,260 to €24,150. This variation highlights how location and specific property features can significantly impact the final price.
PAP noted that the average price per square meter was around €12,515, showing a notable increase over the past five years. This trend indicates a growing demand and limited supply, pushing prices higher.
Given these figures, the cost of a one-bedroom apartment, considering its size and the high price per square meter, would likely be around €400,000. This aligns with the general market trends observed in the area.
These insights are crucial for potential buyers, as they reflect the current market dynamics and help set realistic expectations for property investments in Val d'Isère.
Sources: Le Figaro, Emerald Stay, PAP
5) A three-bedroom apartment in Courchevel averages €1 million
The average price for a three-bedroom apartment in Courchevel is €1 million.
In 2023 and 2024, the price per square meter for apartments in Courchevel ranged from €10,380 to €14,150. This variation depends on whether the apartment is new or old. For example, a listing for a three-bedroom apartment in Courchevel 1850 was priced at €1,995,000, which breaks down to approximately €23,978 per square meter.
Given these figures, it's reasonable to estimate that a three-bedroom apartment could cost around €1 million, especially if the apartment is around 83.2 square meters in size. The price can vary based on the exact size and location within Courchevel.
Courchevel is known for its luxurious ski resorts and stunning alpine views, which contribute to the high property prices. The demand for properties in this area remains strong, attracting both investors and those seeking a holiday home.
Location within Courchevel significantly impacts the price. Apartments in Courchevel 1850, the most prestigious area, tend to be more expensive compared to other parts of the region.
Whether you're looking for a new or older apartment, understanding the price per square meter is crucial for making an informed decision. This knowledge helps in assessing the value and potential investment return of a property in Courchevel.
Sources: Journal du Net, Altitude Courchevel
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6) In Les Gets, the average price per square meter is €9,000
In Les Gets, the average price per square meter is €9,000, reflecting its status as a sought-after ski resort.
Over the years, Les Gets has become increasingly popular, attracting both local and international buyers. This demand has led to a steady increase in property prices, making it a prime location for investment. The charm of the area, combined with its excellent skiing facilities, continues to draw interest from potential homeowners.
In 2023 and 2024, the real estate market in Les Gets saw some fluctuations. By the end of 2024, prices had reached a median of €8,587 per square meter. This figure, although slightly below the average, still indicates a robust market with strong demand. Another report noted a median price of €9,577 per square meter, suggesting that the €9,000 average might be a rounded figure reflecting these variations.
The COVID-19 pandemic had a stabilizing effect on property prices in Les Gets. As the market began to recover, the demand for properties surged, contributing to the average price reaching around €9,000 per square meter. This recovery highlights the resilience of the Les Gets real estate market.
Les Gets remains a desirable location for property buyers, with its picturesque setting and vibrant community. The consistent demand for homes in this area underscores its appeal, making it a wise choice for those looking to invest in real estate.
Sources: Le Figaro Immobilier, RealAdvisor
7) Properties sold in the French Alps increased by 8% in 2024
In 2024, property sales in the French Alps jumped by 8%.
The real estate scene in the French Alps was buzzing with activity. Strong demand and new construction projects were the talk of the town, drawing in a variety of buyers. This lively market was further fueled by the issuance of new permits, keeping the construction wheels turning and boosting sales.
Property prices in the French Alps were on an upward trend. In the Alpes du Sud, prices climbed by 6%, while the Alpes du Nord saw a 20% increase over three years. These rising prices nudged buyers to act quickly, eager to invest before costs soared even higher.
Investment opportunities in the French Alps were particularly enticing. Popular spots like Saint Martin de Belleville offered not just stunning views but also the potential for lucrative rental income. This combination made these areas a magnet for investors, further driving up property sales.
With its breathtaking landscapes and vibrant market, the French Alps became a hotspot for property buyers. The allure of owning a piece of this picturesque region, coupled with the promise of solid returns on investment, made it an attractive choice for many.
As the market continued to thrive, the French Alps solidified its reputation as a reliable investment destination. The blend of natural beauty and economic potential kept the region in high demand, ensuring a steady flow of property transactions.
Sources: My Sweet Immo, Collection Chalet
8) In Tignes, the average price per square meter is €10,500
The average price per square meter in Tignes is €10,500.
Over the past few years, Tignes has become a hotspot for luxury vacationers, which has significantly driven up property prices. For example, as of January 2025, the median price for new properties in Tignes was €10,336 per square meter, reflecting a 15% increase over the past year. This trend is even more pronounced when you look at the past five years, with an 85% increase.
Similarly, if you're considering an apartment, the median price was €10,430 per square meter in November 2024. This marks a 13% rise over the past year and a staggering 93% increase over the past five years. These numbers highlight the growing demand and the premium people are willing to pay to own a piece of this ski paradise.
By December 2024, the average price per square meter for apartments had climbed to €10,516. This steady rise in prices is a clear indicator of Tignes' allure as a top-tier ski resort. The demand for properties here is not just a passing trend; it's a reflection of the area's enduring appeal.
Investing in Tignes means tapping into a market where property values have consistently appreciated. The combination of its natural beauty and world-class skiing facilities makes it a prime location for those looking to invest in real estate.
Whether you're looking for a vacation home or a long-term investment, Tignes offers a unique opportunity. The consistent rise in property prices suggests that this is a market with strong potential for future growth.
Sources: Le Figaro, Netvendeur
We have made this infographic to give you a quick and clear snapshot of the property market in France. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
9) The average price per square meter for chalets in Chamonix is now about €10,000
The average price per square meter for chalets in Chamonix is now around €10,000.
Chamonix's property market is quite diverse, with prices ranging significantly. For example, Home Hunts lists properties priced between €1,158,000 and €9,900,000, highlighting a high-end market. This range suggests that while some properties are luxurious, the average price per square meter remains a useful benchmark for potential buyers.
Harmonie Immobilier focuses on rental fees for chalets and apartments, emphasizing a strong rental market. This demand for seasonal rentals can drive up property values, indirectly affecting purchase prices. Although rental data doesn't directly translate to purchase prices, it indicates a vibrant market.
When considering buying property in Chamonix, it's important to understand the dynamic nature of the market. The guide on buying property in Chamonix provides insights into the buying process but lacks specific data on average prices per square meter. This absence of precise figures suggests that various factors like demand and location play a significant role in pricing.
Despite the lack of direct data, the context from these sources helps paint a picture of Chamonix's property landscape. The high-end market and strong rental demand suggest that the average price per square meter could indeed be around €10,000, influenced by luxury property trends and seasonal rental popularity.
Understanding these elements can help potential buyers navigate the Chamonix property market more effectively, even if specific data points are not readily available. The combination of high-end listings and rental market strength provides a backdrop for the €10,000 per square meter estimate.
Sources: Home Hunts, Harmonie Immobilier, See Chamonix
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.