For several years, the mountain real estate market has continued its progression. The demand, offers, and prices remain constant, not to mention new programs that attract buyers. A closer look at the market's status and its evolution for 2018.
The Search for Authenticity
Known for its family-friendly dimension, the Les Gets resort attracts buyers in search of authenticity and tradition. Even if the village center remains as popular as ever, Les Chavannes and La Turche are appealing for their chalets and residences close to the ski slopes and the center, not to forget the exposure and the landscape.
Today, the market tends to meet the clients' demands, who are looking for maximum comfort in their residences: in the old real estate, count €6,000 per square meter. The majority of requests are for T3 or T2bis apartments.
These accommodations are highly sought after by buyers, but also by passing tourists. That's why many owners opt for seasonal rental, to amortize certain charges. A T3 apartment in perfect condition and located at the foot of the slopes can bring in around €18,000 per year if rented during the summer and winter seasons.
Despite quite high, but stable prices around €9,200 per square meter, new real estate and particularly programs attract a large part of the buyers who are looking for a pleasant situation and proximity to the slopes and all amenities. The Chalets des Plans program offers immediate proximity to the ski lifts, slopes, and shops of Perrières. This type of sale offers numerous advantages to buyers: reduced notary fees, builder warranties, and customization of the property.
Real Estate in Les Gets: Perspectives
With constant demand over the past few years, the transaction market will continue its progression, especially in the second home market. Despite low snowfall in recent years, the resort continues to attract with its warm and family-friendly spirit.
Labeled as a Family Plus Resort, it possesses a village spirit that is still very sought after by visitors, but also by those wishing to settle: the architecture retains the mountain style, which is very appealing.
This spirit of a human-sized resort differs from other large local resorts, such as Avoriaz or the Grand Massif for example. The proximity to nature, but also to major cities (Annecy, Geneva) is a significant asset that makes the resort rare.
