The Megève real estate market is considered a luxury real estate market. By combining tradition and modernity, Megève has charmed many people. From its medieval cobbled streets to its typically Savoyard architecture, the resort has become a place of prestige. Beyond this postcard scenery, Megève has taken advantage of real estate to make it one of its assets. ALLARD COOKE & Associates offers a range of properties for sale.
What have been the evolutions of the luxury market in Megève?
The establishment of the Rothschild family in the 1910s contributed to elevating Megève to the rank of a prestigious destination. The Rothschilds wanted to create a resort that meets the needs of a prestigious clientele, just like the Swiss resort of Saint-Moritz.
With this status, real estate prices have seen a sharp increase. Nowadays, the resort of Megève is among the most sought-after resorts in the Alps, alongside Courchevel, Méribel, and Val d'Isère. The international reputation of the resort offers comfort and stability to the real estate market. Investing in this resort allows buyers to protect themselves from any future devaluation.
With the enthusiasm for owning a chalet or an apartment in a prestigious area, the real estate market is doing well and allows everyone to acquire a property that meets their needs. You can find within our agency exceptional properties, new chalets, and high-end apartments. All our properties have very large areas that can go up to more than 600 m² of living space.
Which neighborhoods to favor?
The prices of properties for sale in Megève depend on several factors: the geographical location, the proximity to the slopes, the standard associated with the property... Here are the most sought-after neighborhoods:
Le Mont d'Arbois
It comprises many high-end chalets and premium apartments. Le Mont d'Arbois is among the best neighborhoods of the resort, it is in this neighborhood that the Rothschild family chose to live. Le Mont d'Arbois is close to the ski slopes. Being off-center from the center of Megève (reachable in 10 minutes), it allows enjoying a calm atmosphere, ideal for relaxation. Its golf course is among the oldest and most prestigious courses. It was designed in 1964 by Sir Henry Cotton. You can enjoy it from May until November.
Le Jaillet
Located north of the resort, it is 10 minutes from the historic town center. This neighborhood is a very sunny slope and offers a beautiful view of Mont Blanc. The lower part of Jaillet is highly coveted for its proximity to the town center while the upper part of the neighborhood is prized for its tranquility and closeness to nature.
Rochebrune
An exceptional neighborhood of Megève, you can walk to the station. It is close to all essential shops. Regarding real estate, this neighborhood includes collective residences as well as individual chalets.
What factors influence the market?
Discover the opportunities offered by the resort by investing in one of our properties:
- A strong rental demand: Megève is a very renowned resort. The town attracts numerous visitors each season, in winter for skiing and in summer for outdoor activities like hiking. This creates a strong demand in the rental market.
- Real estate appreciation: the value of a property in this area remains stable and does not decrease. The village is highly coveted for its charm, natural setting, and gastronomy. Real estate has a strong potential for appreciation over the long term.
- A stable real estate market: The housing demands are constant.
- Quality of life: Megève is renowned for being one of the most prestigious French resorts. This fame goes beyond the French borders and drives a large number of people to acquire a second residence in the region.
Why choose Allard COOKE & Associates agency?
The real estate agency Allard COOKE & Associates supports you in the purchase and the estimation of your property.
Purchasing is a significant project that requires time. By entrusting it to a real estate agent, we will offer you properties that match your needs and a compliant transaction.
Regarding real estate estimation, our advisors have in-depth knowledge of the local market, which allows them to set a competitive price for your property in Megève.
Do not hesitate to contact us for more information.
