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Photo paysage d'hiver station La Plagne

The Real Estate Market in La Plagne - Our Agency in La Plagne

The Real Estate Market in La Plagne

La Plagne has many strengths and is attracting an increasing number of property buyers. Follow Cimalpes' comprehensive guide to understand how the real estate market in this multi-faceted resort works.

Overview

La Plagne's Identity

The Savoie resort of La Plagne is situated in the Tarentaise valley on the northern slopes of the Vanoise massif. The resort and its ski area extend from the valley at an altitude of 700 metres to a highest point of 3,250 metres. La Plagne offers a wide range of investment possibilities, and what better place to invest than with Mont Blanc in the background?

La Plagne is strategically located within easy reach of four airports - Geneva, Chambéry, Grenoble and Lyon. By road, it is about two and a half hours from Geneva and Lyon, both of which are only 150 to 200 kilometres from the resort.

Did you know ? It is easy to get to any one of La Plagne's villages from the railway station at Aime la Plagne thanks to a network of shuttle buses and taxis.

La Plagne, a Resort with Eleven Personalities

La Plagne is made up of eleven "satellite" villages, each with its own character. This variety of locations is one of the resort's many strengths, and offers investors a wide range of choices.

Did you know ? La Plagne includes la Plagne Vallée, la Plagne Montchavin les Coches, la Plagne Montalbert and la Plagne Champagny en Vanoise. Higher up the mountain are la Plagne Bellecôte, Belle Plagne, Plagne Soleil, Plagne Centre, Plagne Villages, Plagne 1800 and Plagne Aime 2000. 

Clearly Defined Buyer profiles

- The majority of property buyers in La Plagne are French. Nonetheless, there is also a significant proportion of foreign buyers, especially German, British and Dutch
- La Plagne was purpose-built for skiing, and this is the primary attraction for buying property here
- The resort is also popular with active, sports-loving families who use their second home mainly during the winter season, but also sometimes in the summer

Did you know ? Strong rental potential, especially for studios and small apartments, is another attraction for buyers in La Plagne, allowing them to rent out their property during their absence and generate an income from it.

An Offer in Line with Client Expectations

Key Points

La Plagne has a particularly large amount of accommodation with a total of 56,000 visitor beds, making it the world's leading ski resort in terms of visitor numbers.

The property market here is very dynamic. With the number of buyers 7% higher than the number of properties for sale, sales are completed quickly.

Did you know ? Second homes account for 84.1% of the property market in La Plagne.

Accommodation Characteristics

A large majority of the properties in La Plagne are used as tourist accommodation. Many of them are in self-contained residences where all the facilities required by visitors are available under one roof. The best example of this is perhaps the Paquebot des Neiges. Built in the 1970s with architecture reminiscent of an ocean liner, it is listed as part of France's 20th Century Architectural Heritage.

This twenty-one storey residence contains 850 apartments, offers ski-in/ski-out access, and has been the inspiration for a number of other integrated ski resorts.

In some of La Plagne's other satellite villages such as La Plagne Villages, low-rise residences with four stories have been built on sites that follow the contours of the mountainside. This so-called serpentine layout blends in to the landscape.

Did you know ? In Plagne Bellecôte, apartments are located in ten-storey residences with modern architecture inspired by the hydroelectric dams found in the mountains.

Restructuring at the Heart of La Plagne's Priorities

La Plagne is undertaking a number of projects in order to adapt to the changing demands of its clientele. The Paquebot des Neiges, for example, was built at a time when skiers were not concerned about the size of their accommodation, preferring to focus on the skiing and spending little time in their apartment.

Most of the apartments in the Paquebot des Neiges are small at around twenty square metres, and an increasing number of buyers are now purchasing two of them to convert into a single, larger unit. In light of this trend, La Plagne is starting to offer a more varied selection of accommodation. In Aime 2000, for example, a new project will deliver a range of apartments that will meet the requirements of prospective buyers.

La Plagne's eleven satellite villages complement each other, making up a resort that offers an attractive range of accommodation, much of it with spectacular mountain views. Cimalpes has chosen La Plagne for its many assets, and we firmly believe that buying a property here is a good investment.

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