What is a luxury property for sale in today’s ski real estate?
Luxury properties for sale (top 5% of the property market at any prime location) can be found in only a few parts in the world and luxury ski properties have traditionally ranked very high in this segment. 80% of the market for luxury vacation apartments in ski resorts over the world consists of ski properties for sale on average of 480 sqm in living surface. Also, these luxury properties for sale come with, on average, a 2,500sqm plot.
But size is not the only criteria to define a luxury property for sale. 80% of luxury properties are also incredibly well-appointed with the latest technologies. Luxury properties for sale are also found more than twice as often in prime micro-locations than the average vacation property. The analysis below covers the luxury segment in the top 5 per cent of advertised square meter prices.
Where is the luxury ski property market in France today?
In the French Alps, the top luxury properties for sale are still Courchevel, Val d’Isère and Megève with Chamonix up there too. They also bring along their own satellite neighbours to that top tier: Méribel, Saint-Martin-de-Belleville and Val Thorens for Courchevel, Tignes for Val d’Isère and Combloux for Megève. See for example our Chalet Orlov in Val Thorens or Chalets Altima in Megève.
The second tier French ski areas are Les Gets/Morzine and Alpe d’Huez where the price per sqm for the luxury property for sale market is around 12,000€ for new-build.
Where are the up and coming French ski resorts raring to join the prime property market?
We believe the third tier with Paradiski (Les Arcs/La Plagne) at now around 9,000€/sqm for the luxury property for sale market still has plenty of room to increase their price with the premium real estate finally entering these ski resorts. The new Club Med in Les Arcs 1650 with Le Ridge new development, the Edenarc luxury chalet project in Arc 1800, the White Pearl in La Plagne Soleil and Le Snoroc in La Plagne Montalbert only a few examples why this area will go up in prices and value.
See below the top luxury property for sale in the best ski resorts worldwide (prices are in Swiss Franc). You can check on new-build chalet projects here.