Investing in Chamonix represents a good opportunity for those looking to expand their portfolio with a property in mountainous regions. Nestled at the foot of Mont Blanc, Chamonix is globally renowned and offers breathtaking landscapes. The real estate market here is dynamic. Whether your investment project concerns seasonal rental or diversification of your portfolio, discover why Chamonix ranks among the best mountain destinations.
The city of Chamonix
Located in the Arve Valley, at the heart of the French Alps, Chamonix is highly esteemed by sports enthusiasts. Situated at the border of Switzerland and Italy, it offers the opportunity to venture outside France. A true paradise for nature and sports lovers, the landscapes are breathtaking.
The town exudes a warm atmosphere with its small streets, shops, and numerous restaurants. Whether you're seeking mountain adventures or moments of relaxation, Chamonix provides an unforgettable experience.
It is noteworthy that Chamonix is among the oldest ski resorts in the French Alps. Today, it has more than 8,700 inhabitants. Its geographical location allows reaching the Lyon metropolis in less than two hours. Geneva is reachable in just one hour.
Investing in Chamonix
Investing in real estate allows you to expand your range of real estate properties and build wealth. It can also serve as a source of income if you decide to rent out a property.
The Chamonix real estate park is made up of 72% apartments and 27% houses. More than 45% of the population still rents. By investing in this region, the average price per square meter for an apartment is €8,393 and €11,034 for a house. However, prices can still evolve or decrease depending on certain criteria such as the view, the neighborhood, and the high-end services associated with the property you covet.
Sale prices per m² in towns close to Chamonix:
| Surrounding towns | Average price per m² - apartment | Average price per m² - house |
| Les Houches | €5,746 | €7,789 |
| Servoz | €5,655 | €6,962 |
| Vallorcine | €4,855 | €6,108 |
| Saint-Gervais-les-Bains | €5,071 | €6,530 |
| Passy | €3,680 | €4,000 |
Some neighborhoods in Chamonix are more renowned than others, and investment is often more advantageous in certain areas.
The Bois de Bouchet district is very famous. Located in the city center, it has seen enthusiasm from the population in recent years.
On the other hand, the Favrands district is located south of the city. It offers a breathtaking view of the Bossons glacier and that of Mont-Blanc. The public transport and cycle paths of this district allow you to reach the city center in very little time. In the west of the city, the Praz district is the starting point for the Flégère ski area. Its mill is a remnant of the presence of Benedictine monks during the 11th century.
Finally, the last district that is very successful is that of Moussoux. Located to the east of the city, it is close to the ski slopes of Brévent. It is also important to highlight the presence of the QC Terme Chamonix established in this district. The notoriety of the QC Terme represents a boon for rental investment, offering attractive potential for investors.
What are the opportunities to invest in Chamonix?
A tourist city
Whether during the winter or summer season, the pearl of the Alps attracts many tourists. Between lakes and mountains, its geographical location allows you to enjoy numerous activities. Chamonix has 4 ski areas that cater to every level, both for professionals and families. In the summer, a large number of marked trails offer beautiful panoramas during hikes.
A dynamic employment basin
Chamonix has an unemployment rate below 5%. This is due to a very dynamic employment basin, directly linked to tourism. The two Savoies strongly contribute to this dynamic thanks to an active economic activity due to proximity to Switzerland. Chamonix is very well placed and benefits from this momentum.
A variety of properties
By choosing to invest in Chamonix, you will find the comfort and tranquility of the mountains. The real estate park in Chamonix is very varied. You have the option to invest both in a chalet and in a high-standing apartment. Depending on your budget, you can choose the location, a view of Mont Blanc, or accommodation with a large terrace.
What are the advantages of investing?
Investing under the LMNP status
Welcoming more than 3 million tourists each year, it's a real opportunity to invest in rental property. If your main residence is far from Chamonix, we offer our concierge service.
This LMNP status allows you to obtain tax benefits.
For 8 months of the year, you are sure to be able to rent your property for stays of varying lengths.
But beware, Chamonix becomes an attractive city, consequently, prices increase. Over the period 2019-2023, prices have increased by 17%.
Satisfactory profitability
Chamonix is a city with high potential for profitability. The rental yield within this city varies between 3 to 5%.
Rental investment in this geographical area is very present. Individuals are looking for accommodation to rent out part of the year but also wish to enjoy it for family moments in the mountains.
Investing under the Pinel law
It is possible to invest in a new property and benefit from the Pinel law. Introduced in 2014, it offers tax advantages. If you wish to invest while benefiting from the Pinel law, you must do so before the end of the year 2024. From January 1, 2025, this law will no longer exist.
Discover now our various new programs available at the resort. We offer new apartments from T2 to T4 and individual luxury chalets.
In addition to our new programs, we offer our services for the layout works of your apartment or chalet. After a discussion about your needs, we establish a specification and call on local companies for your project. For this type of request, we operate in Chamonix, Argentière, Les Houches, and Servoz.
Added value at resale
Real estate in general is a safe investment. Demand is always present. Despite a sector affected by inflation and the economic crisis, buyers will always present themselves. The mountain is an increasingly popular destination because it is synonymous with wide open spaces and nature.
An investment will bring you additional income and it will increase in value over the years. If after investing in a property, you want to resell it, the capital gain will be interesting.
Using a real estate agency for investment
Before wanting to invest in Chamonix, it is important to prepare your real estate project well. It is important to think carefully and contact a professional for support.
Our real estate agency Chamonix Immobilier specializes in real estate transactions. With 26 years of experience in the local real estate market, we have a fine understanding of the sector and international tourism present in Chamonix. We offer you our human and commercial skills. We are convinced that the role of a real estate agent does not stop at the signing of the authentic deed, our sense of relationship leads us to accompany you until the complete realization of your project. We are here to simplify your procedures, secure your project, and offer you a selection of properties that meet your needs.
Operating in the Chamonix and Mont-Blanc valley sectors, we are ready to follow you in your project.
