Chatel is a small village in the Haute-Savoie region of France. Chatel is a very popular ski resort town in the winter and is known as a garden village for its natural beauty during the summer months. Chatel sits at an altitude of 1,400 metres/4,500 feet above sea level with magnificent panoramic views of mountains and resorts. It’s situated about 30 minutes from Geneva Airport and has fantastic access to both the Swiss and France borders via road links to Morzine/Avoriaz, Mont Blanc, Evian/Thonon, and Chamonix.
It has easy access to many high-altitude slopes within Portes du Soleil’s 180 ski resorts and France‘s Vanoise National Park for easy hiking and mountain biking on tracks. Chatel Village has a vital tourism infrastructure, dating back to the 5th century, and offers authentic local activities such as summer breakfasts, traditional meals, and local wine tasting.
Are there any properties for sale in Chatel Village?
Chatel Village offers all the quality standards expected in the heart of the Portes du Soleil ski domain, with a range of portfolio properties to suit various budgets. There is something for everyone.
Are there potentials for good returns on investment in Chatel ski properties?
The apartments in Chatel Village were, for many years, almost exclusively owned by seasonal French owners and rented out to holidaymakers in the summer. This changed recently and the market is now open to a much more diverse range of buyers, including owner-occupiers from Switzerland and abroad.
Every year the prices increase. The average annual price increase over the past five years has been 6%. So, yes, there is a lot of potential for ROI buying ski properties in Chatel.
What are the buying and selling costs in Chatel Village?
The number of bedrooms is not a factor for the price in Chatel, so an apartment could have 1 or 2 bedrooms and be worth as much as the chalets with 3 or 4 bedrooms. All properties are sold by area size and quality, and location. Do not be surprised to learn that property prices in Chatel (€4,940 /sq m) are higher than the French average (€3,197 /sq m).
Types of Property in Chatel
What can I expect from a property in Chatel Village?
Chatel is a Portes du Soleil ski resort with a great choice of restaurants, bars, and shops in the village. It offers a wide range of sporting activities and entertainment for all ages. The ski resort has four lift systems, many slopes, night skiing, and great views from the mountain top.
There are also excellent walks and cycling on offer. Chatel is home to 5 mountain biking routes, 200 miles of walking trails, 80 miles of cross-country skiing trails, and 23 downhill ski runs serviced by eight lifts.
How profitable is it to rent out a property in Chatel Village?
It’s a way to make money by letting out your property while you are away. You can rent your home directly from someone who lives there or with a property management company such as Skiingproperty.com that handles everything for you.
When you purchase the property as an investor, you can lease it to holidaymakers, long-term renters, or holiday companies who may want one of the many properties located in Chatel Village. This gives you the flexibility of income from your property without the stressful process of finding a tenant if you do not live there.