According to the World Ski Awards 2017, the best place to ski is Val Thorens in France. The highest resort in Europe, this Savoie favourite has secured this title no less than four times in the last five years.
But what makes it so special and how does this affect the property market here?
In simple terms, Val Thorens has, arguably, the best snow on the continent. The diversity of style, level and accessibility of pistes for skiers and boarders is simply outstanding.
Situated at 2300m, with lifts up to 3000m, Val Thorens offers amazing skiing and snow, even when other resorts quite close by may be experiencing a poor season. The Belleville Valley is also perfect positioned to access the rest of Les Trois Vallées, being that it is the largest lift-linked ski area in the world. This means, for example, that from the Col de la Chambre, not far from the centre of ‘Val Thor’ you can ski all the way down to Meribel, 1400m below and then its only two more lifts to reach Courchevel.
In addition to probably the longest season anywhere (December – May) plus one of the few resorts able to offer summer skiing (Glacier Le Peclet), Val Thorens also features many fantastic winter sports experiences including:
– The highest zip line in the world for the skiers. Created in 2014, it is over a kilometre long and can reach a speed of over 100km/hour at a height of 250m.
– A 70,000m2 snow park designed for all levels of skiers and boarders and offering jumps), rails and ‘boxes’ sliding units of different sizes, plus the chance to try out some more challenging stunts safely.
– A 6km toboggan run – the longest in France, which takes you from 3000m to 2300m over an exhilarating forty-five minute journey.
The world class skiing and extended snowy season, alongside great facilities means Val Thorens property is in high demand. It is also in relatively short supply, so prices are high. There are apartments in the centre but there seems to be a relative shortage of mid to high-end properties, particularly any of the more traditional chalet style.
Looking at different budgets, €500k offers buyers the established, older (and more compact) apartments in town. €500k to €2m is mostly new build, bigger properties in central locations, often small high-end private residences featuring ski in/ski out and often other attractive facilities.
For €2m+ it’s currently all new build but these include some spectacular chalets, sometimes part of luxury hotel resorts, so offering fantastic accompanying facilities and services. This price range could garner you a five-six bedroom independent chalet with spa area, home cinema, gym, playroom and private lift over four floors.
Val Thorens offers a new, higher end demand for a different type of property to some of the more traditional properties across the Savoie Department. For the discerning investor, if you can get your hands on one, this is an area that continues to hold and increase in value year on year.
To find out more about finding the perfect property in Les Trois Vallées, please contact us today.