Property Prices across the Haute Savoie

I am often asked about current and historical property pricing data in the Haute Savoie. It is a fair question. In the UK very accurate and open data is available. The answer for France is not quite so straightforward. The Notaires collect all the data, it is publicly available on a broad scale. More accurate information is available on a pay basis, it’s not easy to get though. the free stuff has to be read with caution!

Below is a coloured map of the Haute Savoie, the redder the colour the more expensive the commune. It makes sense, Chamonix, Megeve, La Clusaz, Annecy  and Les Gets come out as the most expensive. Followed by Morzine, Combloux and the rest of the Chamonix valley. Manigod, Le Grand Bornand and  Chatel follow along after that. Samoens should be in that last group too but a quirk of stats has knocked it down a peg.

prix immo

You can click on the image and make it huge or go to the website I took it from.

http://www.meilleursagents.com/prix-immobilier/bonneville-74130/

Take the actual value/m2 with a pinch of salt, this always reads too low in our experience. The price trend graph looks about right though. But read the title, it is for the whole of the Haute Savoie and not for each commune as it seems to suggest on the website! So it shows a massive price increase between 1999 and 2007, a small drop for the following 2 years and then stability. We think this will start to climb again at the end of 2015 and into 2016 driven by the weakened Euro compared to Sterling.

property price evolution

If you zoom out a bit on the commune map you start to see what sort of bubble there is in the ski areas. We already know that you only have to drive 15 minutes from the resort to see the prices half, well looking at this and you’ll see you have to drive an hour from the resort and the prices drop to 25%.

prix immo 2

Chalet d’alpage, a little history.

The Chalet d’alpage are the mountain chalets that you come across far from the tarmac road, they almost (but not always) have 4×4 access and in winter the access is normally on foot, snowshoe or ski. These are the ancient summer residence of the farming communities that used to be the life of the Alpine valleys. In winter the cattle would be stabled in the valleys and in summer the cattle and the farmers would move up to the high pastures. The cattle would be milked in situ and cheese made on the spot too. This still goes on but for the whole process to be done in the old way is rare. The only place I can think of in the Morzine valley is the Ferme Auberge de Freterolles. I’ve just Googled them and see they have a page on TripAdvisor! Another is LaPisa just over the border in Switzerland. They have a website too. If you pass in the summer you will see them heating their milk over a wood fire.

Farming in the Alpine valleys fell apart after the First World War, the Alpage were abandoned by most families as they lost their men to the fight. The requirements of industry pulled the young out of the valleys to the cities too. During the period between the Wars the tourist industry in the Alps started up. The Second World War was less devastating to the population but then skiing arrived. This industry was much more lucrative and was the final nail in the coffin for Transhumance .

Nowadays these chalets are generally retained by the original families and used as weekend retreats. They require a lot of upkeep though and they need owners that treat them as a labour of love. I have often heard it said that corrugated iron is the saviour of the Chalet d’alpage. Without that cheap lightweight covering most of the properties will have rotted away. Now at least roofs are easy to repair and a property can be “kept on ice” until someone in the family comes along to look after it.

Rarely do these properties come for sale. When they do they are very sought after. Often they are more expensive than you might imagine! We don’t have a category on our website for “Chalet d’alpage” because we never have that many to sell. I’ve had a look through and have found 4 at one time. This might be a record!

Chalet Paradis
For Sale: 273 000 €
Le Petit Bornand Les Glières
https://www.alpine-property.com/le-petit-bornand-les-glieres/chalet-paradis/2608

fermelorchat1_2

Chalet Sous Les Crètes (next to the pistes!)
292 000 € Habère Poche
https://www.alpine-property.com/habere-poche/chalet-sous-les-cretes/2494

souslescretes_4

Chalet Berger (comes with vehicle for all year round access)
495 000 € Mégevette
https://www.alpine-property.com/megevette/chalet-berger/2618

chaletberger_5

Chalet d’Alpage Bonnavaz
225 000 € Les Gets
https://www.alpine-property.com/les-gets/chalet-dalpage-bonnavaz/2343

alpagebonnavaz_2

Swimming across Lac Leman

Swimming across lac Léman

AKA Lake Geneva to the English

During the heatwave last week (first week of July 2015) we decided to take the opportunity of a very warm Lac Léman  to swim from France to Switzerland. We are not superhuman so we left the “classic” traverse from Evian to Lausanne alone (13km) and headed for the narrowest section instead. From Nernier to near Prangins (3.5km according to the map)

Image1

Nernier is a small quiet and picturesque little village. The is minimal parking available so get there early in the holidays. We arrived at 9.30am and found somewhere fine. You can drive down to the water’s edge if you need to drop off a boat but it’s not easy and best avoided. There is a public toilet at the Port if you need one.

2015-07-02 10.04.55

We were a little worried about the various hazards the lake can present. We’d checked the weather forecast and there were no strong winds likely, go before 10.30am and the lake is most likely to be mirror smooth too. After this time the thermic breezes will start up adding some ripples. There is a regular ferry service which doesn’t like to give way to anything but it’s only an issue close to the port of Nernier, if you don’t set off or arrive as it is docking or leaving it should not be an issue.

P1000290

The temperature of the lake changes very quickly. Up to 2 °C from the morning until the evening on a hot day. It’s easy to gauge with this website though.

http://meteolakes.ch/#!/hydro/geneva

The figure you need is the “Température eau 1m”. On our day it was 21 °C which was fine without a wetsuit. The only hazards we encountered where the occasional small wakes from passing boats.

P1000304 big

The headland we landed on is private land, there was noone around though and it’s not overlooked. There is a sign which politely asks that you don’t venture beyond the beach.

2015-07-02 11.21.19

We used a GPS to track our actual route, this is my return swim (the two of us took turns swimming and paddling the canoe), we had been heading towards the wrong landmark so had to change direction half way! According to the GPS it was a 4km swim which took 1hr 15min.

Image3

Campsites in the Portes du Soleil

The campsites around the Portes du Soleil are “fine”.  However they cannot be compared to the really big campsites available around France. No swimming pools in the campsites around here! I’ve made a list as a resource.

Camping in the Haute Savoie

The best campsite in the Portes du Soleil is probably in Chatel.

Camping L’Oustalet 4*
http://www.oustalet.com/

For the Morzine area there are two.  I know some people prefer the camping in Essert Romand, though Le Pré in Montriond offers better access to the river trail for bikes and dog walking.

Essert Romand
Camping Les Marmottes
http://www.campinglesmarmottes.com/

Montriond
Camping Le Pré 2*
http://www.savoie-mont-blanc.com/en/offre/fiche/camping-le-pre/74356

The best views are from this one in Les Gets, though it is quite a hike up the hill. No website that I can find.

Camping d’été La Grange Au Frêne
http://www.lesgets.com/les-gets/hebergement/campings.html

Camping in St Jean d’Aulps is just by the main road . It is walking distance from the shops though and it’s on the river trail and very near the stables for horse riding.

Camping Le Solerey
http://www.valleedaulps.com/camping-le-solerey-1.html

For short stays, there is the municipal camping at La Baume. It’s bound to be the cheapest option too.
Camping Municipal De La Baume, call 04 50 72 10 06, open July and August

camping 2

You don’t have to go far for some bigger and better options though.

Samoens
Camping Le Giffre 3*
http://www.camping-samoens.com/

Or there are a number down by Lac Léman (Lake Geneva). These two are by the beach at Excenevex.

Camping La Pinede 3*
http://www.camping-lac-leman.info/

Camping La Pourvoirie des Ellande 2*
http://www.camping-lac-leman.com/

Rain across the SE of France, the Haute Savoie gets flooded!

After 36hrs of continuous rain the Haute Savoie has woken up to floods, damage and a fair amount of clearing up to do. According to the Dauphine Libere, the rainfall figures are:

– Est de l’AIN : 50 à 80 mm localement 130 mm à Chézery
– SAVOIE : 50 à 90 mm localement 140 mm (Valmorel, Aillon-le-jeune)
– HAUTE-SAVOIE : 60 à 100 mm localement 175 mm à Thônes, 190 mm aux Gets.
– ISÈRE : 50 à 80 mm sur le relief, localement 120 mm à St-Pierre-les-Egaux, 160 mm au Verney.

You’ll see that Les Gets takes the rather soggy biscuit.

I took this picture yesterday, the Passerelle in St Jean d’Aulps, shortly after the Commune turned up with a digger and removed it!

passerelle2

a before and after video of the bridge.

.and then this was taken the next day, if you watch you’ll see a big tree being uprooted.

I’ve been out this morning and taken quite a few pictures around Morzine and St Jean d’Aulps.

passerelle

This is the same spot, the bridge is gone, the river is twice as wide and the school is starting to lose its playground.

river trail 2

Further up the valley, this is the “river trail” across from Carrefour, or it was, it’s totally gone and there is no prospect of replacing it. If things carry on like this we’ll lose the road next.

river trail

More “river trail” pictures, this one is up by the Plagnettes roundabout.  No sign of the trail here. This at least is repairable.

Plagnettes

Plagnettes again, near Morzine, the owners of the house probably had a sleepless night.

verd

Lac de Montriond and the Verdoyant.

montriond lac

The Bout du Lac end of the lac.

Les Mouilles

Near my house!

Some background to the episode here.

http://meteonews.fr/fr/News/N4270/Pluies-abondantes-en-France-ces-derniers-jours

The previous record for rainfall in Chamonix was 59mm (May 2010), this time they got 81mm. Les Gets got 190mm!

A ski lift from the motorway to Flaine?

This is an idea that has been around some time, it seems to be gaining momentum at the moment. Linking the Autoroute du Mont Blanc (Autoroute Blanche) to Les Carroz and Flaine.  8km long, 1300m of height gain, up to 2,000 people an hour, 5 stations, a pylon every kilometre (wow) all at a cost of 85 M €.

3s

It’s obvious why the Grand Massif want to link via telecabine (a 3S) down to the autoroute at Magland . They’ll reduce the traffic up and down the road to Flaine, and they’ll improve their accessibility. They might even capture some of the traffic heading to Chamonix. Apparently it might happen by 2019.

It’s got plenty of support in Les Carroz.

There is a reportage here.

http://replay.8montblanc.fr/watch.php?vid=bde9c01cf

And a document here. (click on the image).

funiflaine

So if you want to speculate on the future, consider this place. If the project goes ahead it’ll be a 10 minute walk from one of the stopping off points.

La Cortiena Mountain Lodge, 895,000€

La Cortiena

Rental income on second homes in France

A basic rule of life is that income is taxed. Somehow somewhere. That’s the basic rule anyway. Some people seem to manage to use the rules to their advantage but that isn’t what this brief article is about.

Apartment for sale in st Gervais

So if you have a second home in France then you rent out then you will have to pay tax on the income. It doesn’t matter if you live in France or elsewhere. The tax should be paid in France in the first instance. If you live in the EU then the double taxation rules apply. This means that if you pay less tax to the French authorities than you will have done in your home country then you should pay the difference in your home country.

  • If you get an income from a second home in France then you will need to submit a tax return in France.
  • If you live in the UK then you will need to declare the income there too (but the double taxation rules apply).

The basic rate of tax on this rental income in France is 20%. Since January 2012 there has been an attempt to collect a further 15.5% in Social Charges on rental income and Capital Gains too. This has recently been deemed illegal by the European union.

http://www.telegraph.co.uk/news/worldnews/europe/france/11468615/French-tax-on-Britons-second-homes-illegal.html

Anyone who paid this extra tax in the meantime is entitled to a refund.

There are a couple of different regimes under which you can register yourself for tax purposes in France. They are quite different and the best way forward is often not clear to the uninitiated. I would suggest that the best option is to speak to an accountant. In the Haute Savoie  we would be happy to introduce you to our English speaking contacts at SAREG they will be available for an initial consultation at their offices in Les Gets or St Pierre en Faucigny.

French Mortgage

So you’d like to obtain a mortgage to help buy your French property? That seems reasonable, especially as rates are so low. You might have heard that the lenders have tightened up their criteria since the 2010 banking crisis. It’s true they have, though things are more reasonable now. I’ve put together a little checklist on the mortgages available as of April 2015.

chaletcrestvole_2

Mortgage types.

  • Repayment (most common)
  • Interest Only (rare and fairly short term, so no more than about 14 yrs)
  • A 50/50 combination of Interest Only and Repayment (new to the market!)
  • Mortgages periods up to 25 years and LTV (Loan to Value) 85%

Interest rates. 2.5 to 3.6%

  • 2.6-3.6% fixed
  • 2.5-3% variable
  • 2.65% interest only​

Other Mortgage requirements

You are tax resident in one of the following countries.

  • UK
  • Belgium
  • Netherlands
  • Belgium
  • Italy
  • Ireland
  • Switzerland
  • Norway
  • Germany
  • France
  • You have an “expatriate / international” contract for an international company.
  • You work on a Superyacht.

Are you mortgageable? Points in your favour.

  • The property is residential (ie non-commercial).
  • The property is habitable.
  • If you are moving to France will you earning situation remain the same?
  • Do you have a regular salaried income, on a permanent contract and are out of any trial period?
  • If you are self employed or are a owner/director, do you have at least 3 years of accounts?
  • Do you have cash that will cover the 15% deposit and the Notaires Fees and Stamp duty (so about 8%), so total cash of 23% of the purchase price.
  • Is the mortgage for more than 50,000€

Points that counts against you.

Don’t despair, these don’t always make the process impossible. Just harder!

  • Renovation properties.
  • Businesses and small hotels (catered chalets).

So f you are after a mortgage and you think you will qualify drop us a line here.

Extra Slippy Snow Forecast for this weekend?

Watch out, if it snows this weekend, the roads may well turn out to be slippier than normal. I’ve experienced this a few times and wondered what was causing the effect. Is it because snow in spring is wetter? Is it the wrong sort of snow? In my opinion it’s neither. It’s probably just because your winter tyres have worn out.

I used to drive 15,000 km over the winter season. I always started off in November with fresh winter tyres and they would see me through the difficult months of December and January just fine. The roads would start to dry up and I’d drive through February and into March without a second thought. The occasional snow storm tends to blow through in March and April, the effects don’t last long down in the valleys but you will still need to be careful when out driving. 15,000km is probably the furthest you’ll manage on a set of snow tires (it could be less than 10,000km). The trouble is they still look fine at this point and are perfectly legal. They will probably have lost all their winter qualities though.

Obviously none of this will mean anything to you unless you actually look at how much tread there is left on your tyres. Something I can’t help doing to any car I see, it’s a leftover from my old job.

Here are some Winter Tyre facts and some opinion too.

  • When living in the Alps winter tyres on a 2WD are generally fine. In fact most of the time they handle better than 4WD cars even on snow.
  • If you have to deal with any hills then you’ll probably need a 4WD. I mean “real hills”, the main roads in the Alps don’t count. But beware. 4WD helps with traction up a hill but it won’t slow you down – in fact 4WD cars can be harder to handle downhill due to their weight. They won’t help you around corners either!
  • Snow tyres have 8mm of depth when new, 4/5mm when used, 1.6mm is the legal requirement. There will be two TWI’s (tread wear indicators), the winter one is not always that obvious.
  • M+S tyres are not a patch on Snowflakes. This might sound like gobbledegook. A winter tyre has a snowflake symbol, an “all year” tyre is often marked as M+S (mud and snow), these are not the same and not a patch on winter tyres. They lack the softer rubber and the sipes (see image below)! You see them frequently on the big 4WD’s from out of town. There is a link to a discussion on this subject here. and one from a manufacturer here.
  • Winter tyres are not good in summer so change them! They are worse than the worst summer tires you can buy. It’s tempting to run them whilst they are legal but it shows a total contempt towards your own safety.

Some people complain about the cost of winter tyres, the hassle of storing them and the fact the whole lot need changing 2x a year. The real running cost of tyres is about 1.5 cents per km winter tyres come out at about 2 cents per km. And remember, whilst you are using the winter tires the summer ones are being saved.

Some general links on the subject here.

http://tires.canadiantire.ca/en/info-centre/winterTiresBuyingGuide/

http://www.caranddriver.com/features/winter-traction-test-what-price-traction-the-bottom-line-page-4

winter-tyre-snowflake

The Snowflake and M+S marking are often seen together. If there is no snowflake, then you don’t have a winter tyre.

The treadwear indicators often look like this.

twi 2

But they can look like this. These are easier to spot, when the tyre is worn out then a smooth line appears across the surface.

twi

Here is a picture showing off tyre sipes. It links to lots more.

sipes

Why do I think I know what I’m talking about? I took my driving skills gained in the Police in the UK and also 2 seasons of driving transfer vehicles in the Alps to train new drivers for the Tour Operators. I did this for 10 years. I used and fully tested a huge range of vehicles in winter in that time, including all sorts of minibuses, 4WD’s, Land Rovers and company cars.

Snow Socks or Snow Chains?

During the last snowfall I stopped to help someone who was stuck on the side of the road. They were struggling with their Snow Socks. I’ve always wondered about these things. Do they do the same job as a Snow Chain? This guy had put his snow socks on his front wheels, unfortunately he was driving a Mercedes, which was rear wheel drive. Now he was stuck and seemed to have a big issue on his hands. To move the Snow Socks from the front wheels to the back wheels he was having to jack the car up. In the snow, by the side of the road. Not a good day out. I’ve done a little research and have put the fruits of my labour down here.

snow sock

  1. Driving on snow in Snow Socks is better than using nothing at all.
  2. Winter tyres are better. So if you have newish winter tyres, don’t put socks over the top.
  3. Snow Chains beat them both for traction in very snowy conditions but some people find them hard to put on. My advice is to do some practice! My 12 yr old can get 2 chains on in 2 minutes. He’s available for hire…
  4. If you cannot move your car, you can still put chains on and get going again. You’ll probably need a shovel to dig around the wheels but at least you can help yourself. However you cannot put Snow Socks on the wheels when you are stuck! Not without jacking up your car.
  5. Snow Socks do count as “winter equipment” on the French roads and have done since 2010.

So, learn to put chains on. Put them on before you need them too. If this is beyond you then get some Snow Socks, they are much better than nothing. YOU WILL HAVE TO PUT THEM ON BEFORE YOU NEED THEM THOUGH and obviously on the drive wheels of the car! I’ve made a video here

There is a nice explanation of how to use Snow Socks here