Interview

More space in Courchevel, Clients buying property in Courchevel want more space

Cimalpes was created in 2003. There were two of us in a tiny office. Today, we are fifteen.” “Up to 70% of the chalets sold in Courchevel 1850 are handled by our agency.” “The lowest price we have for a chalet is 4,850,000 euros. The next chalets on our books will go for 15 to 16 million euros. For a 650 sq.m. chalet, you have to expect to pay about 12 million euros.”

“Here, real estate is extremely expensive. There is very little possibility of building anything new . So our answer is to buy old chalets.” “Apartments sell for about 10,000 euros per sq.m., less when the surface area is small. But our clients are interested in purchasing several adjoining flats so that they can turn them into one big apartment. For an apartment with a large surface area and garage, at the foot of the slopes the price can go up to 20,000 euros per sq.m.”

“We also have rental apartments in Courchevel 1850, 1650 and 1550 and in Praz for the 2007-2008 season. This year, we have five very luxurious chalets to rent with a home hotel service. This type of offering is complementary to our Cimalpes Services which ensure that our clients have everything they need during their vacation.”

“Our main foreign clients are the British, followed by the Belgians, but we regularly deal with people from throughout the world.”

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More space in Courchevel