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In Val d’Isère, new plots for development are becoming increasingly rare following the cancellation of the resort’s latest urbanism plan. Though brand-new properties are hard to come by, a handful of new-build opportunities can still be found such as the amazing Vail Lodge project and Chalet Husky. In addition, Val d’Isère also has a great resale market with unique apartments and chalets returning to the market. Generally speaking, ski apartments can be found throughout the resort: in and around the centre and in the resort’s smaller hamlets. Val d’Isère is home to some of the most opulent chalets in the French Alps with incredible architecture, amazing views and unique facilities. These palatial properties tend to be located away just outside of the centre and or within one of Val d’Isère’s exclusive residential neighbourhoods.
Even though Val d’Isère is a mature resort, it never rests on its laurels and always pushes boundaries. The best example of this is the €200m ‘Le Coin’ forthcoming regeneration, which is a huge undertaking that will redesign around a fifth of the resort. In addition to redesigning an area which is currently dated in terms of architecture and design, it will also bring two new hotels, a bus station, restaurants, cafes and shops.
Investment is also continuously made in ski lift infrastructure. Over the last few years, investments include a €10m brand new gondola from La Daille to the Foile Douce, which tripled the capacity and halved the journey time. Then more recently, the former cable car summit at the top of the Solaise is now the new highest hotel in the French Alps. Called Le Refuge de Solaise, it’s complete with pool, restaurant, 16 rooms and jaw-dropping views, it’s the latest sign that this resort continues to push the entire ski resort development sector forward.
An old historic centre that seems locked in time, a ski-in ski-out paradise and many little neighbourhoods dotted around that are a skip (or a skate) away from the slopes, there are lots of different areas to consider when buying a property in Val d’Isère. Each has a different price range and therefore buyers need to consider their needs carefully. Sunlight, privacy, slope accessibility, price; they can all change dramatically from one area to the next.
Yet, whether it’s the piste-side area of Legettaz to the peaceful hamlet of Le Fornet, the one thing that connects them all is the care that has gone into preserving the authenticity of the resort. This desire to protect the history of the resort is even echoed in the new-build residential properties here too, which are extremely rare and always in high demand. Anything new, be it a beautiful chalet and small collection of apartments, always emulates the local architecture and does not compete with it.
Though one of the most sought-after destinations in the French Alps, new-build opportunities in this iconic resort are few and far between, which means that new-build properties for sale in Val d’Isère tend to be more expensive than those in other resorts.
However, with the resort constantly seeing high demand and improving its offerings each year, there is potential for capital appreciation and investors who decide to rent out their property can expect good returns if they market their properties well.
Whilst skiing in Val d’Isère dates back to the 1930s following the opening of a drag lift on the Solaise pistes and the resort’s first cable car, the resort’s history stems back to the Middle Ages and its 17th-century church still stands today at the heart of the village.
Thanks to its challenging terrain, Val d’Isère has hosted a number of major skiing events such as the 1992 Winter Olympic Games and the resort has produced a number of Olympic champions. One of the most famous residents is Jean-Claude Killy, the triple gold medalist after which the Espace Killy ski domain is named.
Thanks to an extensive network of lifts which connect it with neighbouring Tignes, the resort boasts easy access to more than 300km of slopes which range from challenging pistes for advanced skiers to gentle slopes geared towards intermediates and beginners.
As well as offering access to superb skiing, this resort also has an electric après-ski culture with a dizzying array of top restaurants and bars.