Buy in Les Menuires
The Real Estate Market in Les Menuires
Real Estate Valuation in Les Menuires
Buy a Chalet in Les Menuires
Buy a Apartment in Les Menuires
New Developments in Les Menuires
In the midst of Les 3 Vallées, the largest ski area in the world, Les Menuires is the ultimate family-friendly, cheerful resort. The resort has managed to make the most of its modernist heritage and has preserved all its practicality from its early days, while embracing more modern aesthetics. It has also developed a wide panel of activities, making it one of the most fun destinations in the Alps.
- Invest
- Market
- Estimate
- Chalets
- Apartments
- New developments
To invest in Les Menuires is to choose a mountain valley with a strong and authentic identity: the Belleville valley. Nature reserves, mountain lakes, secret valleys, and alpine pastures are just a few of this Savoyard territory’s hidden gems, earning Les Menuires its Green Snowflake certification label in 2022, a distinction awarded to resorts committed to a more sustainable form of tourism.
Buying in Les Menuires, an exceptional area in Savoie
Les Menuires’ ski area boasts 160 km of slopes on two sides of the surrounding valley: Le Mont de la Chambre and La Masse. It includes the slopes of Saint Martin de Belleville, a village located lower down in the valley, and goes all the way up to Val Thorens. The ski area is also part of Les 3 Vallées, the world’s largest ski area with over 600 km of slopes, spread out over the Belleville Valley, all the way to Méribel and Courchevel.
Skiing is just one of the multiple activities on offer in Les Menuires, which has developed into a winter and summer resort. Two aquatic centres with indoor pool, relaxing activities, and play areas for the whole family. Outdoor activities – from rail luge to paragliding and from dog sledding to “fatbike” rides on snow – complete the offer.
Though the resort was originally designed with experienced skiers in mind, Les Menuires has, with time, conquered the hearts of families. The largest snow garden in France welcomes tiny skiers from the age of 3, and the ski area also has several fun zones, adding to the resort’s intergenerational atmosphere. Les Menuires was awarded the “Family Plus” label many years ago.
Your mountain home to buy in Les Menuires
Nestled at an altitude of 1800 to 2000 metres, the five areas that make up Les Menuires are all ski-in/ski-out. The historical centre of Les Menuires, La Croisette, has kept its modern urban layout with functional areas. Les Bruyères and Les Fontanettes are a testament to the resort’s first steps towards a more alpine architecture, while The Grand Reberty and the most recent extensions at the entrance of the resort epitomise the alpine style with luxury apartments.
The diversity of properties on offer, from small apartments to detached chalets, from new builds to high-potential traditional properties, make Les Menuires a highly sought-after destination for buyers and investors. Renowned for its great value for money in the heart of Les 3 Vallées, the resort is also commercially attractive, as demonstrated by the excellent occupancy rate of its various types of accommodation.
By investing in a new-build development in Les Menuires, you will eligible to tax benefits and to recoup VAT on rental revenue. You will be investing in a property with all modern comforts in one of the best resorts in the Alps. Recent property developments also boast their own wellness areas, and provide a wide array of services to cater to the tourism industry.
When investing in a older property, an innovative scheme allows buyers to receive financial contributions if they undertake to renovate the property and place it on the rentals market. This scheme is led by the Espace Propriétaires des Belleville (Dedicated to to Belleville homeowners), as part of the ORIL scheme (real estate rehabilitation programme).
Les Ménuires - A Resort with Something for Everyone
Situated at an altitude of 1,850 metres in the Belleville valley in the department of Savoie (73), the resort of Les Ménuires has been welcoming visitors for more than 50 years. Just 27 kilometres from Moûtiers with easy road access, it is significantly more affordable than its neighbours in the 3 Valleys and is a destination of choice for lovers of snow sports and mountain landscapes. Famous for its convivial and welcoming atmosphere, Les Ménuires is also considered a model of modernist architecture. The historic Brelin building, with its ocean liner-inspired architecture, was listed as a 20th century heritage site in 2003, and the contemporary bell tower was awarded the first prize for metallic architecture in 2000. Although originally purpose-built for skiing, the resort is reinventing itself, with development aligned with the increasing popularity of non ski activities in response to the demands of its clientele.
Les Ménuires is without doubt the resort with the widest open spaces in the 3 Valleys, offering maximum pleasure to skiers from beginners to lovers of steep, untracked technical slopes. Easy access to the world’s largest ski area is a major asset for the resort, which is a gateway to 600 kilometres of marked runs with a cumulative vertical descent of over 62,000 metres. With 85% of the pistes situated at an altitude of over 1,850 metres, snow conditions here are exceptional. Snow sports including alpine skiing, snowboard and tobogganing, along more contemplative activities such as snowshoeing, appeal to all styles and levels, making Les Ménuires a resort with something for everyone.
In addition to this immense mountain playground surrounded by the glaciers of the Tarentaise, the resort has 3,500 m2 aqua leisure and wellness centre located in the Bruyères quarter, with facilities including a swimming pool, Jacuzzi, hydrotherapy and massage tables. The sports centre located at the Croisette also offers fifteen activities for non skiers. In terms of gastronomy, the resort’s attractiveness is strengthened by a number of fine restaurants run according to “bistronomic” principles and offering seasonal cuisine based on local produce, as well as refined, authentic dishes created by the resort’s top chefs.
In 2013, Les Ménuires was awarded the Marque Qualité Tourisme, renewed in 2019, which recognises the quality of services available to visitors and those who work in the resort. It has also held the Famille Plus Montagne label since 2016, awarded to resorts which offer services suitable or specifically developed for families, such as kids’ ski areas, crèches and activities. Since 2019, Les Ménuires has also hosted 3 Valleys’ first comedy festival, attracting a new clientèle for a weekend dedicated to humour.
Where to Invest in Les Ménuires?
Preyerand - Brelin
Les Ménuire’s architecture remains typical of the 1960s, with large apartment buildings built around the snow front. Nonetheless, an increasing number of luxury chalets and residences are coming onto the market, inspired by authentic, traditional architecture and constructed using fine materials such as wood and stone. The residences in the Preyerand – Brelin area embody this trend, with direct access to the pistes as well as local shops, restaurants and amenities. This area is the first stop when arriving in Les Ménuires, and investors will find properties with a south-westerly aspect that are accessible as well as affordable, with significant rental income potential.
La Croisette
This central district is laid out in the form of an esplanade around the snow front. This is the heart of Les Ménuires, at the foot of the pistes with the tourist office, emergency services and numerous bars and restaurants to enjoy after skiing. The bus system and intra-resort pedestrian lifts provide easy access for residents of other districts to the area’s services without having to use a vehicle. Investors are primarily attracted by charming older apartments, ideal for renovation, with ski-in/ski-out access and a central location.
Les Fontanettes
Located below Les Ménuires, this is the quietest part of the resort, with small residences of traditional architecture, not far from the cross-country ski trails and the lifts up to the La Masse sector. This part of the ski area is ideal for more experienced and playful skiers, with the Walibi Glisse snow and leisure park and its timed slalom run, boardercross course and musical challenges. The properties on offer here represent a good opportunity for buyers looking for a second home for their winter sports holidays.
Grand Reberty
Ideally located close the the pistes and shops, this area offers fully-equipped luxury apartments and chalets arranged around pedestrian spaces that appeal to families after a day in the fresh air. Le Reberty 2000 sector, the highest part of the resort, has an excellent aspect and dramatic views of the surrounding mountains and the whole of Les Ménuires. The developments for sale in this sector are contributing to the modernisation of the resort’s architecture whilst returning to more authentic and traditional construction methods. Many properties have wellness facilities, increasing their attractiveness when placed on the rental market.
Les Bruyères
A micro-village within the resort, the development of the Bruyères quarter has been accompanied by a significant number of activities and services including a swimming pool, cinema and pedestrian area, making this an especially dynamic and attractive part of the resort. Investors will appreciate the luxury residences and chalets constructed using wood and stone scattered throughout this area. With average rental prices around 30% lower than in Courchevel, Méribel or Val Thorens, these properties appeal to a clientele favouring warmth and conviviality over a more to luxurious experience, guaranteeing good occupancy rates to owners of rental properties.
A Real Estate Project in Les Ménuires?
In Les Ménuires, the real estate market is following the architectural evolution of the resort, with an increasing number of luxury apartments and chalets inspired by contemporary architecture and design, moving away from the modernism of the 1960s and 1970s. The properties on offer are no longer limited solely to apartments for 6-8 people, but are instead following the trend for large interior volumes, inclusive services, and the development of well-being and leisure spaces in response to the increasing popularity of non ski activities. The resort benefits from the reputation of the 3 Valleys area, which guarantees investors good rental returns alongside prices among the most affordable in the whole of the Belleville valley.
Rental Income Driven by Resort Infrastructure
In Les Ménuires, owners who rent their properties out can rely on the ski area’s excellent snow conditions which attract snow sports enthusiasts and families in winter, and on a mountain environment with a wide range of activities appealing to all kinds of visitor in summer. Its ideal location in the heart of the 3 Valleys offers buyers a profitable investment in a destination that is popular with French as well as an increasing number of international clients. The dedicated pedestrian lifts connecting the different parts of the resort coupled with proximity to higher-profile destinations guarantee Les Ménuires’ attractiveness over the long term, driven especially by the summer season. The development of non ski infrastructure is encouraging, and promises good investment opportunities in the warm and welcoming resort.
Cimalpes : Real Estate Professionals to Evaluate Your Property
At Cimalpes, we are dedicated to providing you with a precise valuation of your house, apartment, or chalet. Therefore, our professionals take into account all the criteria that can influence the value of your property, such as:
- The overall condition of the accommodation, as well as its location and layout.
- A comparison with other similar properties and a study of real estate trends to detect potential added value.
- Identification of key features: ski-room, garage, equipped kitchen, jacuzzi or sauna, terrace, integrated storage, etc.
Once all these elements are considered, our team will provide you with a precise and competitive estimation of your real estate property's value.
Les Menuires : A Village with a Wealth of Activities
Nestled at an altitude of over 1,850 meters, the village of Les Menuires is located in one of the largest ski areas in the world, Les 3 Vallées. Connected to six other resorts, over 600 km of ski slopes are accessible from Les Menuires, catering to both beginners and experienced skiers alike. Not surprisingly, this hamlet is particularly delightful in winter, offering all the necessary amenities. Cross-country skiing, snowcat rides, snowmobiling, or dog sledding, there's something for everyone.
Real Estate Prices in Les Menuires
The valuation of a real estate property can only be accurate if it is based on certain information, such as the price per square meter in neighborhoods, villages, and stations near Les Menuires. To gather this information, our professionals at Cimalpes focus on the real estate barometer compiled by notaries, which provides data from recent sales.
Thus, we are able to determine:
- The price per square meter for apartments.
- The price per square meter for houses, with or without land.
Providing a reliable estimation for a real estate property requires a certain level of expertise. Indeed, sought-after properties such as chalets or new apartments require a thorough study to determine their price. At Cimalpes, our real estate professionals have extensive local experience, enabling them to accurately value your house, apartment, or chalet.
If you'd like to receive a preliminary estimation for your real estate property, feel free to use our dedicated tool. For a definitive valuation of your property, simply contact us.
Buying a Chalet in Les Ménuires ?
Becoming a property owner in the Alps via the acquisition of an individual chalet is attracting more and more investors. This type of property offers privacy, well-being and connection with nature for an authentic stay in the mountains. Holidaymakers may value high quality, comfort and premium amenities over location when choosing a rental property, and it is important to offer all of these in line with market expectations. Les Ménuires prides itself on offering high quality accommodation on a par with neighbouring resorts, but at more affordable prices. It is, therefore, possible to buy a luxury chalet here for your own enjoyment that is also a sound financial investment with good rental income potential.
Cimalpes: A Portfolio of Luxury Chalets
With its head office in Albertville, Cimalpes specialises in luxury real estate in the French Alps, and is one of the leading agencies in this sector. Cimalpes has a range of prestigious chalets for sale, representing the best of current market opportunities.
As experts in property and rental management, we can support buyers in planning and implementing a rental strategy, including marketing and setting up concierge services, fully-adapted to the local market in Les Ménuires, in order to optimise rental income.
Reasons to Invest in a Chalet in Les Ménuires
There are, today, many reasons to invest in a chalet in Les Ménuires:
- The resort's accessibility, just 27 kilometres from the TGV station and motorway exit at Moûtiers, and proximity to the Rhône-Alpes urban centres, makes it ideal for second homes to be used at weekends and during school holidays, and to offer on the rental market outside of these periods when the chalet is not occupied
- A profitable real estate investment constitutes a valuable legacy to pass on to future generations. At the same time, investors can expect a rapid return on investment thanks to high occupancy rates in summer and winter, driven by strong demand for chalet rentals and the ongoing shift of clientele from the hotel sector toward rental stays with luxury value-added services
- The increasing availability of luxury chalets with large interior volumes and constructed using fine materials such as wood and stone. High quality furnishings and equipment, wellness areas with sauna, hammam and Jacuzzi, and spacious sunny terraces ensure an exceptional guest experience
Les Ménuires: The Ski Area
Les Ménuires is a winter sports resort par excellence and is part of the 3 Valleys ski area, with access to over 600 kilometres of marked runs for all levels, from young beginners to experienced adults who love steep technical slopes.
In total, there are 52 green, 147 blue, 117 red and 35 black runs, served by 158 lifts, accessible from this resort in the Belleville valley. In addition, there are many hectares of off-piste terrain, most of it accessible without the need to ascend, for skiers to enjoy the area's unique natural spaces. The views of the French, Italian and Swiss Alps are equally alluring, giving a sense of freedom found only in the mountains. In summer, the 3 Valleys remains lively, with key lifts open to facilitate access to the highest parts of the domain.
Les Ménuires: Activities for Everyone
In Les Ménuires, everyone has access to activities suited to their age and desires. With the Belleville multi-leisure card, issued in collaboration with Saint-Martin and Val Thorens, the whole family benefits from discounts on the price of various activities throughout the summer.
From nature hikes and outdoor festivals, to enduro events and the Speed Mountain summer tobogganing, this dynamic resort guarantees a quality experience to cater for all wishes. In winter, as well as skiing or snowboarding, why not try fat-biking with a qualified instructor, with guaranteed thrills as you descend the 450 metre slope at the start of the Roc des 3 Marches cable car.
Les Ménuires: A Friendly Resort
The resort's "Friendly Ménuires" slogan invites everyone to come and enjoy an authentic and unpretentious Savoyard resort. You can leave your car in one of the free outdoor car parks and get around the different parts of the resort on foot for the duration of your stay.
Choose between bars and restaurants offering down-to-earth or more refined atmospheres, all of which aim to ensure you have a good time. Famous for being the most affordable of the 3 Valleys resorts after Brides-les-Bains, Les Ménuires attracts a diverse range of visitors with its unique, friendly atmosphere.
VAT Guide: Save on the Purchase of your Chalet
When buying a new chalet, French and foreign investors have the opportunity to claim back VAT amounting to 20% of the purchase price. In return, they must commit to offering their property on a furnished rental basis for a certain minimum number of weeks per year. Owners are free to use their property whenever they wish, including during high season periods. In some cases, investors can also benefit from reduced legal fees.
Buying an Apartment in Les Ménuires?
Les Ménuires is situated at an altitude of 1,850 metres in the prestigious Belleville valley. Comprising several districts spread out between the pistes and linked by dedicated pedestrian lifts, the resort epitomises the winter sports destination that has reinvented itself. Every year, it attracts a French and European (predominately Belgian and Dutch) clientele who come to enjoy the lifestyle of a high altitude mountain village. Buyers can choose from a good range of high quality properties with large interior volumes. New developments here are in tune with current market expectations, constructed on a human scale and often high-end or very high-end.
Cimalpes: A Leading Player in High-end Resort Real Estate
The Cimalpes group is the leading network of independent property experts in the French Alps, with a presence in ten resorts including Les Méniures. Cimalpes is involved in sales, serviced rentals and property management, and supports buyers at all stages of their acquisition. We help clients identify the best opportunities on the market, carry out rental income forecasts and simulations and implement efficient rental management including marketing, coordination of value-added services and arrival and departure management, ensuring that clients obtain the best possible return on their investment.
Reasons to Invest in an Apartment in Les Ménuires
There are many reasons to invest in an apartment in Les Ménuires:
- Ongoing modernisation of the resort's property stock, gradually evolving away from the large 1960s complexes on the snow front and creating renovated luxury apartments in the centre of the resort close to shops and amenities. There are also new developments with premium features such as fully-equipped kitchens and terraces with unobstructed views, well-aligned with current demand and attractive to visitors who come to enjoy non ski activities
- Family-friendly services and activities, with easy access via TGV and road, providing good opportunities for investors to acquire an enjoyable and profitable second home as well as a transferable asset
- Proximity to other major resorts in the Tarentaise, whose reputation and dynamism attracts large numbers of visitors to the region, allowing them to discover a destination which holds its own against the more famous French resorts, and merits consideration when investing in a property
Tax Advantages: Guide to Buying a New Apartment
Buyers of a new apartment in Les Ménuires can save up to 10% on their legal fees. French tax law also allows French and foreign buyers to claim back VAT amounting to 20% of the purchase price if they commit to offer their property on a serviced seasonal rental basis. Throughout the year, owners remain able to use the property themselves as they wish.
Looking for a new development in Les Menuires?
Currently, no new developments are available for sale in Les Menuires. However, new projects may be launched soon! At Cimalpes, we carefully select high-end apartments and exceptional chalets, designed to offer the best in new mountain real estate.
Would you like to be the first to know about upcoming opportunities? Contact our experts and let us guide you through your investment project in the heart of the 3 Vallées.
WE INVIT YOU TO EXPLORE THE NEW DEVELOPMENTS IN OUR RESORTS.
LE REFLET DES CIMES
A HIGH-END RESIDENCE IN THE HEART OF LES MENUIRES
Located in the heart of the Croisette district in the resort of Les Menuires, the Le Reflet des Cimes residence enjoys a privileged location close to shops, services and access to the ski lifts. Its elegant architecture, combining stone and wood, blends into the mountain landscape. Compliant with RE 2020, the residence offers optimal thermal and acoustic comfort. It comprises 23 high end apartments, ranging from 2 to 5 rooms, with generous volumes and meticulous finishes. The bright and perfectly laid-out living spaces open onto large terraces offering sumptuous views of the mountains.
