The good reasons why to invest in the Real Estate in Val Thorens
A sporting and family-friendly resort with a lively atmosphere, Val Thorens is an ideal destination for acquiring a mountain property. In line with market demand and the shift towards year-round mountain tourism, Europe's highest resort attracts a cross-section of investors keen to earn significant rental income from their property. Buyers of a luxury second home can choose between new or renovated chalets and apartments in a dynamic resort that has moved upmarket in recent years. Ski-in/ski-out access from many properties coupled with exceptional snow conditions are considerable advantages, as are the many wellness facilities, and wide range of activities on offer in addition to snowsports. Semi-pedestrianisation of the resort centre, which has eliminated traffic congestion, further enhances Val Thorens' attractiveness.
In 2022, Val Thorens will open its new sports centre, designed in the shape of a snowboard, which will host different activities depending on the season. There will be a skating rink and Christmas village in the autumn, a beginners snow park and snow village for toddlers in winter, open-air cinema and yoga classes in spring, and concerts in summer. The resort attracts a diverse winter clientele, including serious skiers, young adults and families, thanks to its efficient lift system and location in the 3 Valleys, the world's largest ski area. Outside of the ski season, the beautiful surroundings and attractive quality of life draw visitors throughout the year.
Consistently high occupancy rates throughout the year allow owners to quickly generate a sustainable rental income from their property. Val Thorens attracts new visitors each year, thanks in part to events such as the Grand Première season opener and Skicross World Cup at the beginning of winter, and a number of sporting and cultural events in the summer.
There is a wide range of apartments and chalets on offer in Val Thorens, with new projects driven by ambitious developers capitalising on the resort's high altitude and connections to the 3 Valleys. New properties are moving steadily upmarket, with contemporary design, high quality equipment and value added luxury services to further enhance the guest experience. As a result, the resort has potential for excellent rental yields on second homes.
Situated in a vast natural amphitheatre surrounded by glaciers and high peaks, the resort of Val Thorens rises to an altitude of 2,300m. It is made of of several areas, each with their own distinct ambiance, and most of which have direct access to the foot of the slopes. The heart of the village, around Place du Caron and the Soleil quarter offers luxury apartments with affordable prices, suitable for families and groups of friends. Further back from the snow front, the Arolles area has direct road access and local shops for everyday shopping. In the north of the resort, there is a choice between the lively neighbourhoods in the north-east and the luxury residences in the north-west.
There are a variety of investment dynamics at play in the resort, with investors attracted by high-end chalets and apartments, especially in the Plein Sud area, as well as by more functional, but still luxurious, properties in the centre of the resort. Val Thoren's policy of only allowing parking in official car parks and the introduction of a shuttle bus system have greatly enhanced the resort's quality of life, and are a major attraction to visitors looking for a relaxing holiday in a car-free environment. Investors can opt for fully-equipped properties aligned with current design trends, and visitors' desire for facilities such as fitness and wellness areas, cinemas, etc.
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