Ever since Covid the state of the market in the Alps has felt like a high speed train. This last summer has been no different. As before it really has been a sellers’ market. It has become the norm to have agreed sales within days of a new property being listed. 20 or 30 people inquiring about the same thing in the hours after a property goes online. The same buying pressures have existed since we started to come out of Covid in the summer of 2020. This is the same for both French and UK based buyers. Our customers are looking for a place to escape to, they are looking to protect their savings from inflation, and for some they are moving their money from sterling into the Eurozone. These pressures come up against an historically low number of properties for sale. The recipe is always the same, an increase in prices.
Before I go on, I’d just like to make a point. Many people assume that a healthy property market is one in which prices increase, and this is something that will make an estate agent happy. That’s not necessarily the case. Ideally there would be an even balance between buyers and sellers, and a good range of properties available for sale. Price increases would track inflation, sellers could sell in a timely manner (in around 3 months) and buyers would not feel under pressure to make a decision. Unfortunately life is rarely that simple!
Currently we have a number of competing issues that are starting to slow the market down. But maybe not as much as we first feared.
The first is mortgages. Mortgages are obviously a key component of any property market. In France, there are regulations that govern mortgage lending. The government sets a maximum rate that the banks can charge for a mortgage (taux de l’usure), the banks need to be able to borrow money on the financial markets for less than this, otherwise they are left with no margin to make a profit. That is currently hard to do. The consequence of this is that French mortgages available for French residents are hard to get and for foreign residents they have pretty much disappeared. There was a crisis point in October (that coincided with the UK government’s kamikaze budget) that scuppered a number of sales. However, there were still sufficient buyers looking who didn’t need mortgages, so we were able to rescue most of these deals. Currently the mortgage situation is not improving very quickly. Most of the brokers we speak to say we will need to wait until the new year before we can expect this situation to ease..
Another issue that is causing uncertainty is Inflation. This has both positive and negative effects on the property market. Inflation does drive people to invest in property, it’s a safer bet than keeping money as cash or as stocks and shares. The negative is that it makes us all poorer which makes people more cautious with their money and their life decisions.
I don’t like to talk about the future of the market. My predictions are about as useful as the predictions for how much snow we’ll get for the upcoming season. If the papers predict a bumper season you’d do just as well betting against them as agreeing with them. At Alpine Property we like to look at the number of new customers getting in contact on a monthly basis. Historically that has been our best bellwether for our future. Currently our new enquiries are down on 2021 and 2020, but up on all years prior to that. The post Covid years have felt very weird, so maybe we are just settling back to a new normal?
If you own a property in the Alps and wondered what it is currently worth. Head over to our property valuation page, it’s free and accurate.
That is usually how the question is phrased. Otherwise, we could pick from the following
Will there be snow if I go skiing at Christmas?
Will there definitely be lifts open at Christmas?
To stop the question appearing silly, you have to look at the context. The person asking it is thinking about committing a lot of money, time and emotional capital to booking a holiday. So when you consider the context the question does not appear quite so nuts.
The answer is “Who knows?”, it’s like asking if a property will increase in value. The only thing we can do is look at history and make an educated guess.
So will there be snow at Christmas?
I don’t know….but….generally yes. More or less, it can be hit and miss but…in the 23 Christmases I have been in the French Alps, I’d say that there has always been some skiing available on some days over the Christmas week. Usually skiing is available on every day of the week, and sometimes the skiing is excellent.
Does it matter?
For some people it does. And I’d say that if it is the most important part of your “ski” holiday then booking for later in January or February is a better bet. If that is not possible consider one of the high altitude ski areas like Avoriaz, Flaine, Val d’Isere etc. But beware, booking one of these resorts will only maximise your chances. It won’t guarantee anything!
For others it won’t matter. It’s a holiday whatever happens. There will always be winter walks, sledging, too much to eat and if it is lashing down with rain outside, board games and books. Many of the people who visit every year are content with one or two days skiing.
When do the ski areas open?
Most ski areas fix a date, often a Saturday in mid-December, so that might be one or two weekends before Christmas. And if there is sufficient snow they will open for weekends earlier on. Tignes will try and open earlier in November and it rarely fails. This year (2022) has been the warmest on record and Tignes have had to delay the opening by one week. Avoriaz is opening “early” on the weekend (3-Dec).
I have pictures from each of the last 10 years.
The following image from December 2022 ↓
This image ↓ is from mid December 2021. An excellent year to ski at Christmas.
December 2020 ↓
December 2019 ↓
Mid December 2018 ↓ and then the 30th December ↓↓ 2 weeks made quite a difference. There was skiing at Christmas but it was quite hard and icy.
Early December 2017 ↓
18th December 2016 ↓ There was skiing at Christmas, but it was for the committed.
19th December 2015 ↓ There was skiing at Christmas, but it was like 2016.
26th December 2014 ↓ This is looking down on Les Gets, there was skiing above Chavannes, but for anything more you’d need to drive for 30 min to one of the access points for Avoriaz.
29th December 2013 ↓ Plenty of snow. This picture is taken not far from Morzine – technically in Samoëns.
6th December 2012 ↓ and ↓↓ Plenty of snow this year.
Tesla drivers probably don’t need to read on. They have had a good charging infrastructure for years now, so driving to and from the Alps is no issue at all.
Travel to and from the Alps has changed somewhat since COVID. Now people are looking for “greener”, cheaper and perhaps healthier ways to travel. I’ve had a small EV for 6 years. It was a great second car and worked well for us where we live in the French Alps. I’ve been surprised at how quickly electric cars have developed in that time and recently upgraded to a much bigger EV. Now our electric car is the main car in the household. We don’t drive to and from the UK very often. The last time was well over 10 years ago. However we recently could not avoid it so I thought I’d write about how it went.
Before I go on. I’d like to acknowledge the fact that no travel is “green”, there are only more or less eco ways to go. So in order of preference:
Take a bike or walk
Travel by Train or Bus
Drive an EV
Then a fossil fuel burning car
A long way down the list is to fly
We made 6 stops on the way to Middlesbrough from the Alps. 9 on the way back. We never had any major issues, the only minor issues we had were in the UK. On average the charging stops lasted 20 minutes. Overall our charging experience was better in France. We spoke to a British person charging their EV at one of the motorway fast chargers and he raised this before we did, he said his experience charging in France was better than the UK. As an aside, we were less tired than in the past, stopping every 1.5 to 2 hrs really helps from that point of view.
Was it cheaper than driving an ICE vehicle?
ICE (Internal Combustion Engine). And the answer is “no”. In general owning an EV is cheaper than owning an ICE. 95% of the time I charge at home and this is 20% of the cost of using diesel. In addition, my car only needs a cheap service every 2 years. These savings quickly add up. However, when making a long journey you will use fast chargers on the motorways and they are priced the same as conventional fuels, and sometimes more! You will save money by taking the “eco” routes, or by driving slower but these options are open to you whatever vehicle you drive.
The full story
We needed to transport a couple of bikes back from the UK and some personal possessions so driving was really the only viable option. My car is now a Skoda Enyaq, it was the largest, cheapest EV available when I bought it last year. It is only a “standard range” model, so a 60kW battery, any more would be overkill for my day to day use, it does provide enough range for a very long journey, but if you are a frequent long distance driver you will find a long range model much more practical.
EV’s come with different sized batteries, the smaller they are, the cheaper and lighter the car is. If you want to try and make the minimum impact on the planet you should go for as small and light as is practical.
40 kW or less is great for local journeys of less than 200km, for most people this would cover 90% of their driving
50-60-70 kW should do everything, but long journey’s will require quite a few stops.
80+kW is considered “long range” but can be very heavy and expensive.
We made our journey in November 2022, driving from the Alps to Middlesbrough (eventually Newcastle) and back again. We used the tunnel to cross the channel. The total distance we travelled was 3500 km. You might consider using a longer ferry crossing for that trip. Hull to Rotterdam is an option. I’m not sure how “eco” ferries are though.
As far as planning went we didn’t spend too much time on it. We used an app called “A Better Routeplanner” https://abetterrouteplanner.com/, which did most of what we needed from a planning point of view. It selects the places to charge automatically. It’s not the most stable app and is not as good as Google at dealing with road closures (we did get caught out by this), but if you use it alongside Google Maps for the navigation it is fine.
We decided to split the journey around Lille. It would make sense to find somewhere to stay that offers charging on site. That would save one charge. But as I said, we didn’t spend long on planning so didn’t have that option. We also had winter tires on the car which won’t have helped the efficiency.
Alps to the UK
1400 km and 6 stops altogether. We only stopped twice between Morzine and Lille. The weather was warm for this leg. 15-20C. 2 stops is quite hard to do and you’d need perfect conditions. We only had 2 in the car, no bikes, we didn’t need any air-conditioning and we drove quite slowly (110km/h). We cut the corner to cross the Jura too. The motorway route via Bourg en Bresse is an hour faster but will mean another charge stop and will cost more on the autoroute (22 €). Don’t discount this shortcut. The route is beautiful and there is a great spot to stop for cheese at the “Fruitière du Pays Grandvallier” close to Morbier.
We used a fast charger at a Lidl in Lille the next morning and then again at the check-in for the tunnel. In the UK we had to make two more stops before we got to our destination near Middlesbrough. In all, the mpg came out at about 17Wh/100km (3.6 mi/kWh) and the charging added a couple of hours to the journey.
Charging at our destination was done at a fast charger at McDonalds 5 min from where we were staying. We made various excursions in the area. Always using fast chargers.
UK back to the Alps
For the journey back the weather had cooled significantly. So we started out with a frost and maximum temperatures hovered around 10C. This makes a big difference to the energy consumption, because not only do you need to heat the cabin but for optimal performance the car will heat the battery too. We had more luggage and a couple of bikes on a tow bar rack (I had not realised before this trip, but at motorway speeds this reduces range by 10 to 15%). We also drove a bit quicker. More like 120km/h and up to 130 km/h (81mph), 120 km/h is the optimal speed in most EV’s when you take into account the charging times. It’s not the optimal speed for saving money, that’s probably about 30 km/h! So, if you really want to cut down on charging stops then drive with the lorries at 90 km/h. It’s pretty boring though!
The efficiency on the way home was 30% worse at 24 kWh/100km (2.6 mi/kWh). We stopped 9 times. We had to drop our 2 girls at Luton airport on the way, and of course Murphy’s law dictated that the biggest issue we were to have on the entire trip was the charge station just before Luton airport at the services in Rugby. It was a typical issue that thankfully is getting less frequent. The charging machines didn’t recognise any of my 3 membership cards or either of my two debit cards. After 15 minutes and 3 different machines I finally managed to make it work with a credit card. It was a busy spot with 10 charging points and about half the people there were having similar issues. It was stressful and not acceptable. I’ve experienced it many times in the last 7 years but am thankful that it now seems to be getting rarer.
We had another issue at a McDonalds on the side of the M25, we plugged in and went for a coffee, when we got back we discovered the charge had given up after a minute. So we had to wait another 20 min to get the charge we needed. It was a newbie mistake. Always check the car is charging on your app when drinking coffee. I was too relaxed and had left my phone in the car!
Charging your EV in the ski resort
If you are making the journey from the UK to the Alps, you’ll want to know what the charging is like when you arrive. Many of the chalets and hotels have started to fit charge points in the last few years, that will be your first port of call. Beyond that, almost every French town in the Haute Savoie has at least 2 reliable and fairly cheap 22 kW charge points (so not fast chargers). Beyond that many more are being added as I write this. The local paper recently mentioned 20 new points in Chamonix.
Personally I carry the following cards
Eborn – This is the “local” one in the French Alps – in fact it covers the whole Rhone Alps. Travellers to the region probably don’t need this, the following cards should cover it.
ChargeMap – I think this is the most popular in France, their interactive map has lots of good information and comments about individual chargers.
PowerPass – This came with the car, it’s connected to Ionity which is the biggest fast charge network in France.
Plugshare – This is one of the biggest pan european cards.
If you read my last report , written in December 21, you’ll remember that I used the words ‘frenzy’, ‘inflation busting prices’ and ‘busiest market in 20 years’. This trend continues; the local property market remains exceptionally busy right now.
The massive surge we experienced in August last year (2021) carried into the winter season, that’s certainly the case for our French buyers, however British buyers had a short wobble in December when travel restrictions between the UK and France were frustratingly reintroduced and it looked like the Winter 21/22 season might not begin for people coming from the UK. Saying that the British are 100% back in the market now and we have many sales ongoing, indeed the only potential to slow things down is a lack of new property coming online. On several occasions this winter and right now in springtime, we’re selling property before it even goes live on our website, generally to buyers who’ve registered their interest, waited patiently and who understand the pace of the market right now. Blink and you’ll miss it!
Has the war in Ukraine caused any panic in the property market? It did briefly, but that has settled down now, there’s some uncertainty when it comes to lending from the banks who are, of course, concerned that the situation will be protracted. Our March enquiries this year were lower than last, but April has recovered and the enquiries are ahead again, we’re meeting new buyers each day who are increasingly worried about rising inflation and they want to move their funds into property instead.
I’m always interested in how our buyers break down in terms of nationality. As a business, and prior to COVID-19, 40% of our clients were French, 40% British and 10% ‘other’ nationalities. Right now, that combination looks more like 50%/20%/30% so we can reasonably assume that COVID-19 combined with Brexit is having an impact on British buyers.
Aside from the pandemic, Brexit and the war, we’ve also seen some changes to mortgage availability too. Whilst fixed rate mortgages are still available at interest rates of 2.5%, such rates are becoming rare; we’re seeing them slowly increasing. Mortgages also appear to be harder to get in recent months, especially if you really need one. However they are very easy to source for those who have the actual cash required to buy a property outright!
Thanks to a shortage of property and the high demand from buyers, valuations are increasing too, probably between 4% and 20% year on year and depending on location. So, as I said previously, blink and you’ll miss it. These really are frenzied times in the Alpine property market!
If you own a property in the Alps and wondered what it is currently worth. Head over to our property valuation page, it’s free and accurate.
Get your own property valuation for Samoëns or the surrounding towns on our dedicated Property Valuation page.
We have traditionally written market reports for all the ski stations in the Haute Savoie together. This is the entire area covered by Alpine Property. This year we’ll focus on some of the individual ski towns. This way we’ll be able to go into more details. For this report we will focus on Samoëns property valuation.
This report has been compiled using one of the leading price evaluation algorithms in France. We have been using this within our agency for a while and find it very reliable. It draws information from historical data gathered from the Notaires and current real estate listings. If you would like a personalised free valuation then please contact us. Or if you are just looking for the property we have for sale in Samoens have a look here.
As of the first half of 2022, the property market in Samoëns has been extremely dynamic. Demand is outweighing supply. As a result of working from home due to Covid restrictions, there has been a noticeable movement of buyers (mainly French) seeking homes which can be used as their principal residence . International buyers have returned including investors who are keen to secure properties through video tours or live virtual visits with an agent. One positive outcome of Covid is that it has pushed the Notaires to modernise by enabling power of attorneys to be signed digitally thus facilitating transactions remotely.
From the buyers point of view there has been more focus on individual stand alone properties. The priority is space for a home office, a good internet connection and a garden. Traditionally people have wanted to be close to the ski lifts. Now more isolated areas are being considered, Substantial properties with a view are sought after, as are small stand alone units that can be transformed. Also spacious 2 or 3 bedroom apartments with decent terraces or balconies with a view.
On the skiing side, there is the new Vercland Gondola just above Samoëns. This new lift has 10 seater cabins that travel from Vercland to Samoens 1600 in an impressive 7 minutes. It opened this season 2021 /2022 (postponed from 2020/2021 due to Covid). Super fast and efficient. To help with access there is an increased shuttle service between the Grand Massif Express and Vercland. There is also work scheduled to improve the parking at Vercland.
Politically, there is a new administration under mayor Jean-Charles Mogenet, the administration is keen for diversification of activities to be offered year round, proposing Samoëns as a “Four seasons” destination. This is a very positive outlook for our customers looking to invest in a rental property in the area and also for those who wish to make Samoëns their year round residence.
We have done a brief resume of the current prices in Samoëns. Obviously for accurate figures we would need the exact location and state of the property.
Reference Apartment, Close to the centre of Samoëns 60m², 2/3 bedrooms, 2 bathrooms Price 372 000 € (6 200 € / m²) Between 342 000 – 400 000 € (5 700 – 6 666 € /m² )
Reference Chalet Close to the centre of Samoëns 140m2, 4/5 bedrooms, 3 bathrooms on 600m² of land Price 850 000 € (6 070 € / m²) Between 725 000 – 958 000 € (5 180 – 6 840 € /m² )
You can see from the figure below that the prices have accelerated quickly since the beginning of the pandemic.
And below how the distribution of the available properties is spread between chalets and apartments. A 30/70 split is fairly typical for our alpine towns. You can also see the strong growth of number of available apartments since 2010.
Obviously Samoëns is well placed for the skiing and surrounding mountains. But if you are living there all year round and running a business remotely too, access to Geneva becomes more important than ever. You can see from the image below Geneva is just outside the 45min range and Chamonix too.
The population in the Haute Savoie is on a general upward trend. It is one of the most dynamic departments in France. Despite this many of the popular ski towns in the regions are seeing a population decline as people are pushed further down the valleys due to the prices close to the centres. This is not the case in Samoëns.
There is access to some of this valuation report for Samoëns or the surrounding towns on our dedicated Property Valuation page. Or contact us directly for the most detailed analysis.
What are electric cars like to use in the winter? It’s one of the first questions I get asked about my car. I have a Skoda Enyaq 60 and the winter is almost over. However this is my 6th winter in the Alps with an electric car ! My first was a much smaller BMW i3, I’ve written about it on “an EV in the snow”
The quick answer is that they are much better to use than the old gas guzzler (ICE). I will never be going back. However, that is not the whole story. There are downsides that mostly concern reduced range.
EV’s are so much more convenient and comfortable in the cold
One of the best things about them is their preheat facility. You can either pre-programme your car via the app to warm up for a certain time, or just click the button on the app. Some cars have a button on the key, I’ve set this car to automatically warm or cool as you unlock it. The frost will melt from the windscreen and the car will be warm when you start. And unlike an ICE car which needs the engine to warm up first, the heaters are almost instantaneous. When you live on a hill like we do, you can drive downhill in an ICE car for 20 minutes and the car never warms up! I’ve heard people out here in the Alps say “why didn’t anyone tell me how good the preheat facility is?” Well, now you know. One of those things you never knew you needed, until you’ve tried it! This really is the game changer in the winter.
But what if you get “trapped” in your car in the winter?
This was a scare story put all over social media this winter. The papers were alarming people with the thought of dying of hyperthermia if they were trapped in the snow and could not run their fossil burner to keep warm. Whereas the opposite is actually the case. When an EV is stopped it can carry on heating the cabin without issue. It’s actually dead convenient when you are sat in your car at -10C waiting for something. In the old days you had to sit with the engine running. Not any more.
I’ve been stuck in traffic, stuck behind fallen trees in the depths of winter and been quite happy. Also much safer, there is no risk of death from carbon monoxide poisoning (see this tragic incident in Pakistan). The worst case scenario for my car is 6kw of heating on a 60kw battery, so that will run for 10 hrs when full, 5 hours when half full. And actually, because when the cabin is warm, the heaters will have to work less hard, my guess is that it’s more like 20 hrs full and 10 hrs at 50% – in fact this guy tested it and got even more.
Driving in the snow
They handle driving on ice and snow really well. It goes without saying that I use winter tyres. All EV’s are automatic, they all have computer controlled throttle, brakes and sometimes steering too. You use your foot to tell the car you’d like to go and the car decides if the traction can take it. If the wheels slip, the car will reduce the power and find grip where it can. All modern cars do this, but it tends to be better in an EV, the lack of any gears just makes the whole process smoother. It’s the same with understeer or oversteer, it’s basically eliminated. It’s not just an EV thing though. I mention it however because it means you can have a rear wheel drive car and not worry about the old issues in the snow. Both my EV’s have been rear wheel drive and thanks to the traction and stability controls have outperformed my previous front wheel drive cars in the winter.
An electric motor doesn’t care about the cold
They don’t have diesel that can freeze. This isn’t a huge issue for ICE cars in the winter but it does happen, and when it does it is very inconvenient and often tricky to sort out. Occasionally when the temperatures drop under -10C and often at less than -15C you’ll see cars struggling on the alpine roads or broken down on the verge. It’s usually because their diesel has frozen. It is worse on certain models. I think it has something to do with water in the diesel filter freezing up.
The inconvenient truth
The available range in an EV is less when it is cold. The reduction in the Enyaq is not as bad as it was in the BMW but it is still significant. Before I go any further, this is only as “issue” on long journeys. And only then because you’ll have to stop for a recharge. And even that it’s not too bad anymore. The Enyaq I have is the smaller capacity 60kw version. There is a bigger 80kw version available. When the outside temperature is more than around 10C it will manage 350km on one charge.
At -10C it will still drive 250km, and most of the time I don’t do more than that in a day, so the car just goes on charge overnight and I don’t notice. I make a weekly 200km trip on a Sunday night. That’s fine too. But more than that and I’ll have to charge it up on the journey. There are fast chargers all around us now and a quick top up sometimes only takes 5 min, for a refill from 10% to 80% it might take 30min, it’s rare that I have to do that though.
The reason things are getting better for EV’s in the cold is down to the size of the battery. It’s not so much that batteries are worse in the cold, it’s more that the car needs extra power to heat the cabin and the batteries, some people will turn the interior heating off to deal with this. I won’t. I don’t think that getting cold is worth it, even for the environment. And the windows steam up without the heaters and that’s just not clever.
The maths tells all
I’ve simplified things slightly. My first car had a 20kw battery. The heaters took 5kw/h, on average, so the range could easily go down by 30% on a 2 hr trip My second car had a 30kw battery. The heaters were the same and took 5kw/h, but that’s a smaller % of the battery so it was more like 20% reduction on a 2 hr trip. This car has a 60kw battery, the heaters take 6kw, so that’s a reduction in range of 15% on a 2 hr trip.
The other way to improve this is to buy a car with a heat pump fitted. It does come standard on many EV’s, which is great. Not on the Enyaq though, in my case it would have been a 1000€ extra, so not really worth it. Under ideal conditions they could reduce that 6kw load to 2kw, at which point that’s a 3% reduction. And if you get the long range version which has an 80kw battery, that would mean a 2.5% reduction.
Even more inconvenient truth
Long trips in the winter. And I repeat, this is not for round trips, this is for long linear trips that will require recharges on the way. So you car has a range of 350km at 100% charge. That’s fine and that’s the summer too. But it’s colder in the winter, lets say -1C, so that’ll mean a loss of about 20% on the range range = 280km. Which is still fine if you are doing a round trip, but if you are on a linear trip and want to charge along the way, you won’t want to run the car much below 10% “just in case”, so that reduces the range again to 250km, and you’ll discover that when you charge past 80% the charge rate drops right down to preserve the life of the battery. So really it makes sense to run your car between 10% and 80%, so that’s another 20% to take off = 200km real range.
But that’s not all. A long trip will involve driving on the motorway. EV’s can go at pretty much any speed you want, but just the same as an ICE at high speed the energy consumption starts to ramp up at motorway speeds. So motorways take even more than you expect. At 130km/h take off another 20%. You’ll probably drive at more like 110km/h so it’ll be more like a 10% decrease. So the total figure is 180km. Double gulp. Now you know why you keep overtaking Tesla’s on the motorway. They are faster than a 1m€ super car, but practically, they prefer cruising around at a lower speed so they can go further!
And there is more
It’s a small thing, but it’s real. EV’s are charging faster and faster. Mine charges at 100kw/h, some charge at 350kw/h. So my 10 to 80% charge should take about 30 min on a supercharger. However, you know what’s coming don’t you? These charging speeds are hard to attain in the cold. In winter the reality is my car charges at half this speed to protect the cold battery from damage. So instead of 30 min, it could be 1hr.
The good bit of this is that the car manufacturers are getting very good at making the batteries last longer and longer with good battery management. This is great, I expect my battery to outlast the life of the car, it’ll then go on to have a second life in a house or as a grid stabiliser or something….but one of the things a battery doesn’t like is a fast charge when cold.
So the manufacturer has a choice between warming the battery with the heater (uses more energy) or throttling the charging speed. Some of them get it right. I believe you can tell a Tesla where you are going, it will then predict where the charge will take place and pre-warm the battery in the kilometres before the charge. This sort of predictive management seems to be a bit complicated for VW and others, they say they are working on it. The way around it is to drive at warp speed in the kilometres before the charge, this high drain will warm the battery “naturally”, I’ve tried it, it works a bit but it’s not ideal for loads of reasons.
Skoda do have a good and believable range calculator for their cars https://rangecalculator.skoda-auto.com have a good play with this, it is a lot more intuitive than my attempts to explain some of these issues.
The EV database is a good reference for real life range predictions across the various EV’s available. https://ev-database.org/
Samoëns has the best of both worlds, it’s a traditional Savoyard resort and a delightful small town. Samoëns has consciously maintained its Alpine charm, despite a recent flurry of expansion in which new chalets and lifts have added to its appeal. At just 720m, snow in the resort is not guaranteed. However this is not a problem because access to one of the most snow-sure ski areas in the Alps is fast and convenient.
Samoëns is a real village. It’s not just a ski resort. It has a year round community that acts and feels like a real village. It’s well connected too, just an hour and a quarter from Geneva airport and with the nearest train station, about 25min away at Cluses. It’s not just Samoëns either, there are lots of smaller villages Morillon, Verchaix, Taninges, Mieussy, Les Carroz and Flaine.
The summer season is just as busy as the winter season, but then, it’s not really about seasons in Samoëns. The point about Samoëns is that it has an all year round community life. For instance Samoëns loves its weekly market, it’s a hugely important part of the village. In addition to the market, there are a full range of activities, events and festivals. There is even a local radio station for the entire valley too.
Samoëns is one of the few ski resorts in the Alps with a stable number of inhabitants. Whereas many areas are losing their communities because they are being priced out of the area. The population of Samoëns is stable, if not growing.
Handiglisse Association – provides sports equipment for disabled individuals (such as uniski, dualski or kartski) seeking to partake in mountain activities (adapted for summer and winter) with qualified instructors.
You want to sell your property in France and about to sign a mandate with an agency, you don’t really know what a mandate is and you are fearing another French bureaucratic nightmare ???
Let me help you through this!
If you want to work with an estate agent in France to sell your property you will need to sign a “mandat de vente”. In English that is known as a sales contract. It’s the law, an agency is not authorised to market a property without a valid mandat. This is the contract that formalises exactly what the agency will do and how much it will be paid. Signing the mandate does not mean you will have anything to pay. The agent’s fees are only paid on successful completion of the sale.
The mandate will have the name of the seller, name and contact details of the agency, description of the property, the agency fees, duration of the contract and an explanation of what the agent will do to sell the property. Unless the mandate is signed at the agent’s offices, you have a 14 day cooling off period before it becomes valid. It can be exclusive or non-exclusive. The difference is down to costs versus motivating an agent. They have many properties to sell. You want them to prioritise yours!
So in the case of an exclusive mandate – the aim is to increase the speed of sale of your property and to achieve the best price. A period of exclusivity motivates the sales agency because it is usually time limited – the agent will want to make the most of the time they have as the sole person marketing the property. The advantages for the seller are that the agency will work for reduced fees. Your property will only be advertised with one agency. It won’t be “over-advertised”, this increases the attractiveness of the property to a buyer. The agency will be fully focused on your sale. Although, with your consent there can be delegations to other agencies, you will only have one contact for arranging visits and receiving offers, this makes the sales process much easier for the seller to handle. There should be a time limit to the exclusivity. Otherwise the agent might not have the motivation you seek. 3 months is fair. The disadvantage of an exclusive mandate is that it only works if you have a good motivated agency with a good track record of attracting buyers! You need to trust the people you are working with.
The advantages of a non-exclusive mandate are that you can maximise your sales opportunities by working with any number of agents, this means you are not taking a risk with just one agency. But beware, over-exposure does not look good to your prospective buyer. In this case each agent will advertise your property on various portals like Rightmove, in this case it is common to see the same property for sale at slightly different prices, this looks bad to a buyer. Dealing with multiple agents, and sometimes having to juggle the same buyer with more than one agent, is not easy. The other disadvantage of a non-exclusive mandate is that it will normally cost more.
Covid is by no means over, however we can see that we are going to have to learn to live with this virus for some time.
Because of covid restrictions almost none of the ski lifts opened for the 2020/21 winter season. The British aren’t allowed to come on holiday, however, that has not stopped a fair number of French visitors arriving over the winter to make the most of what is on offer in the Haute Savoie.
Right now we are still seeing unprecedented demand for property in the Alps. Our numbers go back 20 years and 2020 has been our busiest year with a 20% jump in enquiries. There is no let up in 2021 either. The same scenario is being repeated around the world. People are discovering that they can work from home which means they can work and live where they really want to be. It’s something we can empathise with. Half the Alpine Property team came to live in the Alps for this very reason. This activity is not slowing down so we don’t expect any change in the market in the near future.
The Alpine Property market in the French Alps has always dealt with high demand from British based customers. We are still getting lots of enquiries from the British, but obviously, actual sales have dropped off thanks to the travel restrictions. This demand has been more than replaced by French customers. So much so that there is a reduced supply of properties. When demand outstrips supply it can only mean that prices will increase.
We monitor a couple of sales figures. The primary one is average property prices. Over the last 10 years we have seen between a 20 and 30% increase in property prices. Depending on the type of property and the area. However, over the last 3 years they have been fairly flat across the board. It’s early days but the last 6 months is definitely showing a 2-5% increase in prices across ski villages of the Haute Savoie.
The second metric we follow is the average agreed price compared to advertised prices. At the moment there is only a reduction of 1 or 2%. This means that most properties are selling for asking price. And that is the sort of market we are in: a seller’s market. Now is not the time to make an offer at below asking price!
A further driver of this increased activity in property investment is fear of negative interest rates and inflation. In the first instance not to have to pay the banks to look after money, and the second to safeguard cash from inflation.
So to summarise, the current property market in the alps is very active. Prices are edging up. New properties for sale on the market are becoming harder to come by, so this can only mean the prices will continue to rise.
If you have any questions to ask about the market please put them in the comments and we’ll do our best to answer them.
The ski lifts are closed to the public. Hotels only operate on room service. Restaurants are “fermé”. Customs officers are checking for skis when you drive across the French – Swiss border. There is no getting away from this, it is a tricky time for the holiday industry in the Alps.
Holidays to the continent never used to be easy. I have some evidence of this. I’ve collected a couple of books from the late 1800’s that I’ll refer to below, I’ve also raided my Grandmothers holiday snaps from 1934. Holidays were long and expensive voyages. In some respects that might make them more memorable. Keep this in mind when lamenting the current lack of conveniences.
Edward Whymper is famous for the first ascent of the Matterhorn in 1865 on his eighth attempt. I have an early copy of his best-seller “Scrambles 1860-69”, Whymper was not a rich man, an engraver, he was first sent to the Alps on a work trip, to document an ascent by others of Mt Plevoux in the Dauphiné, in the end, the ascent failed. The French guide that had been engaged encouraged Whymper to try again, they succeeded and at 20 yrs old, a mountaineer was born. This was before photography became convenient, so these engravings were less art and more documentation. Travelling to the Alps in those days was by train and took days, the cost will have been high. Tourism was not new. The first ascent of Mont Blanc had been in 1786.
I have selected a couple of pages from Scrambles that discuss the Chamonix mountain guides.
Alfred Wills is from the same time. Maybe 10 years ahead of Whymper. Another famous Alpine tourist. He had money though, he was a famous Judge. Famous because he presided over the trial for gross indecency of Oscar Wilde. Wills bought a “chalet” near Samoens, it is still there and still in his family I believe. Way up the valley at 1350m a few kilometres walk from the road head. “Chalets de Fonts”, further up the hill, the Refuge d’Anterne is named after him. In those days Samoens was an obvious choice for a holiday, it was connected by rail into the main network. I have his book, “Wanderings” from 1853.
Below is the first page. A mention of his 4-day journey to Chamonix and like Whymper he took the opportunity to take a dig at the Chamonix guides.
My Grandmother travelled extensively around Europe in the ’30s. This would have been possible thanks to her wealthy background. The first I knew of it was when visiting her before she died in 2005. She was 94 at the time and not making a whole lot of sense. I told her I was living in the Alps so she asked me where. I said it was close to the French/Swiss border. Her response was to point me towards a drawer and ask that I dig out her photo albums, saying she was sure she’d been skiing near there when she was younger. Her albums were fairly well buried, but I pulled them out and started flicking through them. The pictures were so good I assumed they were a collection of postcards. Thanks to her failed eyesight my Grandmother was unable to guide me through them. I kept turning the pages, not really believing what I was looking at until I started to recognise some of the architecture, I could see the wording on one of the hotels was in French too. And then finally I saw the Dents du Midi, when I saw them I knew it had been taken from above Morgins. Right on my doorstep. I was astounded. These images where dated 1934.
As far as I can find out, the first ski lift in Morgins was the Foilleuse, built in 1958, a single-seat chair lift
And from the pictures, it was clear that “skiing” in those days meant hiking up the hills. There were no ski lifts at all. The skis were enormous and made from solid wood, the skins they attached to the bottom to give grip to allow uphill movement were made from seal skin.
I can’t help but write a few more lines about my Granny. Since her death we have had a closer look at some of her other papers, we have her passport from the time. Amongst the stamps, it is clear she made half a dozen trips to Austria, Yugoslavia and Switzerland in 1937 & 38. A very “active” time politically for those areas. We can see that she left Austria either on the 7th March 38 or the 17th March 38, so either 5 days before the Anschluss or 5 days after!
Beyond mentioning she drove an ambulance, Granny hadn’t spoken much about her time in the war. We found an official photo of her. The officers uniform suggests she did more than drive an ambulance. My uncle recently asked for her war record. It seems that she did indeed start out driving ambulances during the Blitz but then went on to work for various Anti-Aircraft Brigade Groups, then in 1945 she was posted to the CSDIC (Combined Services Detailed Interrogation Centre), Military Intelligence, where we surmise she used her German language skills (Swiss finishing school had its uses). Then towards the end of the war in August 1945 she spent 6 months in Germany with BAOR (British Army of the Rhine). This time overlapped with her time with CSDIC. Exactly what she was up to is classified. Yet another example of the modesty of her generation.
An Alpine cycling tour in 1937
Holidays in the Alps in the inter-war years were not confined to the well off. I recently came across an article written about 3 friends from Middlesbrough and Stockton-on-Tees. They were inspired to take the train to Munich and tour with their bikes through Bavaria, the Austrian Tyrol and the Dolomites. Their pictures are fabulous and can be seen on the link below. Some of these pictures and the pictures of my Granny overlap. Same place, same year!