Megeve Property Market and Reasons to Invest in It

Posted on 08 April 2020

When it comes to the best ski real estate, the Megeve property market plays an enormous part in France’s industry. Don’t think this is a newfound trend in the French Alps either. The luxury ski resort has long been a top skiing destination, and its hours’ drive from Geneva airport, and a 40-minute drive to the Swiss and Italian borders always lure in new fans of luxury travel all year round.

Famous since the Rothschild’s luxurious influence in the early 1900s, its esteemed reputation garners international fame. Neighbourhoods of Megeve featuring high on the list of places to buy include authentic Les Chozeaux, Vauvrey with its fantastic Mont Blanc mountain views, Le Jaillet and Ormaret. Appealing to French and foreign buyers, including the Swiss and Brits, many people buy in Megeve, but for what reasons aside from ultimate luxury? Let’s look at what is driving the market.

Why Invest in the Megeve Property Market

1: Affordable Market Prices

With average prices of 13,700 euros per square meter, it still provides value for money for home prices when compared to other high-flying players like Courchevel, Val d’Isère and Meribel. Since 2000, prices have risen 20%, and although they stayed stagnant last year, growth is expected thanks to current investments and updates of facilities and amenities. With an average time of 2 months to complete the process, this also proves the swift efficiency of the market.

Megeve property market

2: Upmarket Luxury Living in Megeve

Think Michelin Starr restaurants serving gourmet cuisine, upmarket hotels, chic boutique shops, and stylish bars for the après-ski scene. Forget about the standard taxis and instead hop into a horse-driven carriage. If for any reason, you doubt, the standard of the hospitality industry, look at the layout of the principal town centre, and cleanliness to understand what makes Megeve a desirable location. While you may think this upmarket lifestyle is all flashing the cash, Megeve also maintains an air of discretion and the ideal French resort in which to buy a property.

3: Summer and off Piste Activities

Open in summer, sweeping views of the 50-hectare golf course is just one of many summer activities. Megeve also recognises the need to provide entertainment and relaxation off the slopes, and this is done through many activities including dog sledging, ballooning, climbing, fitness centre, ice skating, paint balling, para-gliding and much more. Megeve’s dedication to both off-piste and summer activities makes it a year-round haven, for a holiday anytime you want.

Megeve homes

4: Ski and Snowboard Facilities

When it comes to living up to its prestigious reputation, Megeve provides with 185 runs and 400 kilometres of pistes. Its altitude at 1,100 metres and breathtaking position also makes it the perfect sunspot. For the next winter ski season, developments include a new 4 star and 5-star hotel, gondolas, snow cannons, a congress centre, and new chairlifts. Megeve taps into the ski area known as Domain Evasion Montblanc that it shares with other places like Monts d’ Arbois, Saint-Gervais-Les-Bains, and Combloux. Here, 116 lifts lead the way to the slopes and 18 cross-country-skiing trails. Every skier and snowboarding fan couldn’t ask for more.

5: An Impressive Property Portfolio

Much of Megeve’s charm lies in the original architecture as seen in its vast range of apartments and chalets on the market. Outskirt areas feature ski chalets, while apartments in the city centre do an excellent job of being on the doorstep of every amenities. Traditionally, a French home in the Alps always had space, on the bottom floor so that herds had somewhere to shelter, and many luxury chalets on the market still incorporate heaps of space, that buyers in a high-profile market desire.

Naturally, as in most ski property markets, the ski in ski out chalets are the most sought after, and Megeve delivers that with style. Other prime features in new build luxury ski chalets include log fire, steam room, balcony, outdoor hot tub, jacuzzi, stylish furnishings, sauna and the ultimate in home entertainment in the living area.

Browse through our Megeve property listings, to see what is on the market, the selling price and what you will get for that money.

Also, Read

Megeve Ski Resort: Although the Megeve property market plays a large part in its reputation, other aspects also stand out to property buyers and skiers from all over the world. In this article, we list everything that you need to know. As a helpful starter guide, it will help you decide if Megeve is for you.

Ski Resorts with Luxury Après-ski: Certain ski resorts do better than others at providing an upmarket après-ski social scene. In this article, we list the best, of which Megeve is one. Find out which bars and restaurants have the best wine cellar and are the go-to place when you come off the ski slopes.

About Us: We are Spot Blue, an international real estate agent, specialising in properties for sale all over France. Our houses and homes range from luxury villas to one- and 5-bedroom apartments. If you are buying property abroad, we will not only find your dream home but also walk you through the purchasing process to becoming a fully fledged owner. Contact us for more information or to ask questions about French property.