Current sales trends
Le Monêtier-les-Bains 4,390 euros per m²
Briançon 2,230 euros per m²
Huez 6,040 euros per m²
Vaujany 4,890 euros per m²
Villard-de-Lans 3,300 euros per m²
Montgenèvre 3,740 euros per m² We will have the
second largest
linked area in
the world.
ISÈRE/HAUTES ALPES
11
www.leggettfrance.com
His colleague, Niven Dyer, covers
the area east of Grenoble. He too
sees more buyers than properties
to go round:
"Lots of buyers here in Les Deux
Alpes, but not enough property, so
when I do get something there is
lots of interest. Small apartments are
moving rapidly and the larger ones
even quicker! Still a good number of
international buyers seeking to invest
in French businesses, particularly
hotels. I have seen American clients
looking in this sector, as the strong
dollar makes them exceptional value
for money. The housing market for
the locals in the valley is also very
active, but again facing a real lack
of property, although there is a lot
of new build going on. The average
price of a newbuild here is around
8,000 euros per m2, with chalets (if
you can find one) between 8,000-
12,000 euros per m2.
Around three quarters of buyers
are French, but with a strong
international demand from both
American and European clients.
The SATA, the lift company in my area,
now control ADH L2A and La Grave
and are currently investing heavily.
Two new lifts (telemix) are going in
this year in L2A and a brand-new link "
from Le Bourg d'Oisans to Huez to be
completed by 2025. They have also
just announced and released plans
for the replacement of the Jandri
cable car with a new lift linking
directly to the glacier replacing the
old cable car that was removed a few
years ago. There is still the long-term
plan for the liaison between L2A and
ADH to be built. When that happens,
we will have the second largest
linked area in the world".