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Occupancy rates fluctuate, maintenance costs, risks of deterioration, the hazards are numerous when you decide to rent your property...
At Emerald Stay, our innovative concierge service will allow you to simplify your seasonal rental management by renting out more of your property and thus improve the profitability of your property.
By choosing our innovative solution of rental management and conciergerie in Chamonix, you are choosing serenity.
We take care of everything and assume all the risks and responsibilities. All you have to do is to colect your revenue and enjoy your property whenever you wish.
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Chamonix's international reputation naturally attracts visitors but also investors who dream of owning a few square metres at the foot of Mont Blanc. Prices are following the trend and are also reaching new heights.
There are more than 14,000 homes in Chamonix, including 10,000 apartments, mainly in old buildings. The scarcity of available land combined with the new constraint which obliges new developments to reserve at least 50% of their properties for permanent housing naturally contribute to the price explosion. From the studio cabin with no particular charm to the luxurious chalet, everything sells very well in the valley with a particular passion for the Savoy and Praz districts.
Count on 7,503 €/m2 on average for an apartment, with prices varying between 4,452 € and 11,119 € per m2. For a chalet, the average price is around 9,432 €/m2 and is generally between 5,596 € and 13,977 €/m2. Of course, some very exceptional properties can far exceed these price ranges.
Even if prices seem to be at their highest, it's still a good time to buy in Chamonix as the resort's appeal is bound to continue due to its incredible natural assets such as its outstanding location and its top class skiing and off-piste facilities. Its proximity to Italy and Switzerland also attracts a foreign clientele who appreciate the proximity of Geneva airport, located only one hour from the resort. It is therefore possible to buy with peace of mind as properties can be rented without any difficulty and can be resold with the same ease.
Average price per sqm of an apartment:
6 800€
Average price of a 80sqm apartment in the resort:
544 000€
Average price per sqm of a chalet:
9 050€
Average price of a 150m2 chalet in the mountain:
1 357 500€
Because of its natural attractions, Chamonix is a popular destination for high mountain lovers all year round. The occupancy rate of the rentals therefore remains high, whatever the period, making a rental investment in Chamonix particularly serene.
Chamonix is not just a winter sports destination, quite the opposite!
Admiring the Mer de Glace in the summer and climbing the Aiguille du Midi are equally motivating for hikers, climbers, mountain bikers and many other activities in the summer months.
Real estate agents can attest to this: there are even more people in Chamonix in summer than in winter!
Although 9 out of 10 sales are currently of second homes, this is not enough to meet the ever-increasing demand.
The Chamonix holiday rental market is therefore doing very well and there is nothing to suggest that this will change in the next few years!
Sources :
Prix au m2 à Chamonix on October 1st 2021, Meilleursagents.com
Le prix immobilier à Chamonix atteint des sommets, article dated of May 4th 2021, Seloger.com
Immobilier : Chamonix met un grand coup de pied dans la fourmiliere, article dated of Octobr¡er 21st 2020, Lemessager.fr
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