Posted on 17 June 2018
One good reason to buy ski property in Val d’Isère is its mass future potential, making it a savvy real estate investment. Val d’Isère is looking to dominate the French Alps and even overtake Courchevel 1850 as the go-to, exclusive destination.
An extensive list of plus points shows the resort is living up to its name and becoming a desirable ski resort. Whether you are looking for a retirement home, buy-to-let rental or a savvy real estate project, Val d’Isère certainly ticks all the boxes.
About Val d’Isère
Sitting in southeast France, Val d’Isère, sitting at 1850 metres, is just 5 kilometres from the Italian border. Covering an area of 11,000 hectares, and regularly hosting international alpine events, it forms the Espace Killy along with neighbouring Tignes.
Val d’Isère has a passionate fan base of Brits, many of whom can recall its moment of TV stardom when Patsy and Edina visited it in Series 3 of Absolutely Fabulous. It was also the featured destination for the 1979 comedy French fried vacation 2. However, its claim to fame in skiing circles started back in the 1930s when the first lift and cable car were installed.
5 Reasons to Buy Ski Property in Val d’Isère
1: Espace Killy
Ask any dedicated, hardcore skier about Espace Killy, and they will tell you that it is one of the best skiing points in France. Named after Jean Claude Killy, an Olympic skiing champion who spent his childhood in Val d’Isère, Espace Killy offers 300 kilometres of skiing potential.
Including 27 miles of cross-country skiing, as well as 154 runs, it is serviced by 90 ski lifts. Sixty-one slopes are intermediates, while learners have 22 green ski runs, and advanced experts can enjoy the thrills of 25 black and 46 runs. When it comes to making sure skiers have the perfect environment, Espace Killy really does deliver.
2: Summer Skiing
Espace Killy region has two glaciers, of which the Pissailla opens for summer skiing. Sitting at 3,488 metres high, chair lifts and cable cars take skiers to the top where they can enjoy spectacular alp views, especially on a cloudless day.
In the morning, a mixture of blue and red runs open for skiers with a pass, and while the summer skiing season usually lasts for about a month, it extends your time to hit the slopes, offers a different terrain and comfortably accommodates more experienced skiers.
3: Dual Season
Once the summer skiing season shuts, Val d’Isère kicks into full action with a range of activities that complete the yearly social calendar and make it a duel season resort. Fit and active people can still take to the mountain road through planned mountain biking routes, while four in-resort companies offer first and tandem paragliding sessions so you can see the slopes from a different angle.
Buy cinema tickets, indulge in the media library, sign up for yoga, visit the museum and do much more. The dual seasons that make it an ideal all-year-round destination are one reason why Val d’Isère is attracting buy-to-let property investors.
4: Alpine Architecture Styles
By far, a significant reason Val d’Isère attracts ski property buyers is the traditional alpine style of chalets and buildings. Incorporating time honoured buildings styles like tile slated roofs and wooden facades, constructors have also focused on modern décor and design, therefore, giving buyers the best of both worlds.
The uniformed exterior architecture style is pleasing on the eye and present a real alpine feel, while, interiors are unique and timeless and offer various selling points such outstanding views, saunas, gyms and indoor swimming pools.
5: Le Coin De Val Project
The Le Coin De Val Project is the jewel in the crown that will cement Val d’Isère already prestigious status. In 2017, officials started on a 200 million-euro, five-year project to modernise and upgrade Val d’Isère, that will in turn increase hotel bed allocation, and accommodate the growing number of tourists who visit Val d’Isère all year round.
The plan includes a new tourist office, bus station and the several story Val Tower that will become the local landmark. Of course, in its effort to expand, traffic poses a problem, but underground parking will keep streets pedestrian friendly.
Due to finish in 2022, the well planned development is particularly appealing to real estate investors. This project comes on the back of the 16 million Euro Solarise gondola project that improved ski facilities and amenities to top-notch status and set the bar for other resorts to follow.
Buy Ski Property in Val d’Isère: What’s on The Market?
3-Bedroom and 2-Bathroom Freehold Ski Apartments: Sitting close to the heart of Val d’Isère, these apartments are designed to maximise views and include outdoor balcony space. Private parking is also available.
2 to 5-Bedroom Property: With a south facing façade, and spacious outside terraces, these apartments enjoy lots of natural light. Authentic artisanship by one of the best construction companies in the alps as well as intense attention to details make the final additions of a cosy home.
Ski in Ski Out Duplex Property: These ski in, ski out apartments have stunning views of the village, church and Mount Pourri Glacier. They are available on leaseback status, so buyers can enjoy high rental yields as well as 20% VAT refund.