Current sales trends
Saint-Gervais 4,680 euros per m²
Megève 8,500 euros per m²
Chamonix-Mont-Blanc 7,920 euros per m²
Morzine 7,420 euros per m²
Les Gets 6,430 euros per m²
Annecy 4,940 euros per m²
It is estimated that of the 492,000
properties in Haute- Savoie (74),
around a quarter are holiday
homes. The median price of
apartments sold between April -
June 2022 was 4,000 euros per m2.
Last year the Haute-Savoie was
allocated 216.6m euros from
the France Relance investment
programme. Of this, 76.5m was
allocated to renovation and ecology,
120.4m invested in making local
businesses more competitive and
the remainder was allocated to
municipalities for local investments.
Andrew Morgan is based in the
spa town of St-Gervais-lesBains,
he tells us that demand
is still high for all property
types and for building land too:
"I'd say that sales are currently 70:30
in favour of second-homes. The issue
we face is still one of not having
enough stock on the market to satisfy
demand. When new properties come
online they sell within a couple of
weeks, if not days. Of course, the
increasing cost of borrowing will
probably change things. It's difficult
to judge due to the slowdown in
supply - but what we can say for
sure is that an increasing number of
clients are appointing us as "property
finders", using a mandat de recherche,
as they want the help and local
knowledge of a specialist, who lives
and works in the area.
Most of my recent sales have been
around the 500,000 euro mark where
demand is consistently high, with
other sales coming within the 1.2 -
1.5m euros range.
We locals are excited by the prospect
of the new cable car planned from
the main station in St. Gervais, with
Léman Express links from Geneva,
direct to the current cable car close to
HAUTE-SAVOIE
09
www.leggettfrance.com
We have a new
6-man express
chairlift which will
be opened this
winter.
"
the town. This gives direct access to
the Domaine Evasion Mont Blanc ski
area, including Megève, Combloux
and Les Contamines. We also have
a new 6 man express chairlift which
will be opened this winter."