Why Invest In Alpe d’Huez
Located at an altitude of 1,860 meters in the Grandes Rousses massif in Isère, Alpe d’Huez benefits from sunshine more than 300 days a year thanks to a southern exposure which gives it the name of “the sun island”. A ski resort that offers many advantages for investment in the mountains:
- A quality of skiing and après-ski comparable to the most beautiful resorts of the Tarentaise, with a ski area displaying 251 kilometres of slopes and entertainment all winter on the Avenue des Jeux. Also the ice rink or again the iconic Folie Douce bar accessible from the slopes.
- A surge in new-build developments with superb facilities in some of the best spots of the ski resort. Click here to see the selection.
- A preserved identity that gives charm to the chalets and apartments of the ski resort, set mainly in low rise buildings or chalets, respecting the mountain architecture, giving priority to wood and noble materials.
- Geographical proximity to Grenoble, sixty kilometres away, as well as Lyon, Chambery and also Geneva.
Alpe d’Huez, a modern ski resort ideal for real estate investment
Developed in the 1920s with the rise of winter sports, the resort has reinvented itself to be established today in the top 5 French ski resorts. More than 350 million euros have been invested since 2016 in three major areas:
- The renewal of its ski lifts, chairlifts and drag lifts, allowing more fluidity and quality of skiing for the skiers of “Alpe d’Huez Grand Domaine Ski”.
At Findhomeabroad we were one of the first international agents marketing Alpe d’Huez real estate with the luxury 5-star residence the Daria-I-Nor in 2016. We were selling around 5,000€/sqm when now prices for new-build ski properties range between 7,000-12,000€/sqm. See our new developments here.
- The upgrading of its real estate stock, with two new 5-star hotels and better connections within the ski resort.
- The future link with the Deux-Alpes, planned for 2025 would connect Oz / Vaujany to La Meije.
Real estate in Alpe d’Huez: harmonious urban planning
Alpe d’Huez is essentially made up of apartments in collective residences, particularly in the centre of the resort and also some detached chalets as you get closer to the slopes. The local urban plan of the 2010s gave Alpe d’Huez a new face, less urban (trend of the 1960s and 1970s), more airy and pleasant.
If the small village of Huez, located below the ski resort, has retained the typical charm of a mountain village, with individual chalets/farms in stone and old wood, the areas of the ski resort present a more modern version of mountain architecture. The dominant trend is that of a real estate portfolio gradually moving upmarket.
Alpe d’Huez, a dynamic new-build real estate market
Alpe d’Huez is benefiting from an upward trend in real estate investments, from French and foreign buyers. The resort presents great investment opportunities, along with favourable taxation (almost no tax to pay on rental income thanks to the property amortisation), VAT refund on the purchase price when coupled with full-rental management and low French mortgage rates for buyers.
The apartments in luxury central residences are ideal for rental management, while the ultra-equipped detached chalets at the foot of the slopes are ideal as a second home. The diversity of the real estate in Alpe d’Huez attracts different buyers profiles, thus stimulating the market offer.
The prospect of rental income the engine of your ski property investment
With an occupancy rate of 80% over the winter, Alpe d’Huez guarantees attractive rental profitability, to cover the management costs of the property and part of the mortgage repayments. Indeed when you take out a French mortgage you can deduct the mortgage interest part from the rental income received. Also on top of the rental management fees and property tax you can deduct almost 4% of the property price (we say amortisation of 25 years for a property based on 90% of the property price) against the rental income received. You therefore can generate a non-taxable deficit with French Revenue for ten years or more.
Reinforced by multi-season development, especially in summer with many added outdoor activities for the whole family (paragliding, hiking routes, mountain biking, etc.), this new direction stimulates investment and encourages potential buyers to bring their project to fruition. The new trend for fat tyre electric mountain bikes has seen a surge of interest for the mountain outside the winter season.
Indeed acclaimed by a family and foreign clientele seduced by its exceptional sunshine and its panoramas on the peaks, Alpe d’Huez on a human scale represents the ideal compromise for pleasure while combining a secure investment in the mountains.