The Real Estate Market in Montriond: An In-Depth Analysis as of December 2023
Nestled in the picturesque French Alps, Montriond has emerged as a sought-after destination for real estate investments, especially for those seeking a serene retreat in the mountains. In this blog, we delve into the latest real estate trends in Montriond, exploring the average prices per square meter for both apartments and chalets or houses, and examining the recent market dynamics as of December 2023.
Current Market Overview in Montriond Dec 2023
Resale Apartments over 5-year old
- Average Price per Square Meter: €6,770
- Low-End Price Range: €5,450 per m²
- High-End Price Range: €8,730 per m²
- Reliability: High
Resale Houses/chalets over 5-year old
- Average Price per Square Meter: €6,230
- Low-End Price Range: €4,140 per m²
- High-End Price Range: €8,740 per m²
- Reliability: High
New-builds tend to be 20-30% higher in price per sqm.
Market Trends and Evolution
The real estate market in Montriond has seen fluctuating trends over various time intervals. Notably, the price per square meter for houses has shown a slight decrease over the past year:
- Last 3 Months: -0.8%
- Last 6 Months: -1.4%
- Last 12 Months: -1.3%
Detailed Insights into Property Types and Prices
Average Price per Square Meter by House/chalet Size
- 1-bedroom House: €7,250 per m²
- 2-bedroom House: €5,500 per m²
- 3-bedroom House: €6,490 per m²
- 4-bedroom House: €6,390 per m²
- 5-bedroom House: €7,000 per m²
Recent Online Valuations in Montriond
- 2-bedroom Apartment, 67 m²: Estimated at €483,500 (€7,216 per m²)
- 240 m² chalet: Estimated at €1,440,200 (€6,001 per m²)
- 147 m² House: Estimated at €807,600 (€5,494 per m²)
- 2.5-bedroom Apartment, 80 m²: Estimated at €439,900 (€5,499 per m²)
- 4-bedroom Apartment, 80 m²: Estimated at €471,500 (€5,894 per m²)
- studio Apartment, 31 m²: Estimated at €202,800 (€6,542 per m²)
Conclusion
Montriond presents a dynamic real estate market characterized by a diverse range of properties, from cosy apartments to spacious chalets, catering to different preferences and budgets. However, new-build developments tend to be rare, check here. While the market has experienced some fluctuations, it remains robust, reflecting the enduring appeal of this Alpine paradise. Whether you’re considering a permanent move, a holiday home, or an investment property, Montriond offers a unique blend of natural beauty, tranquillity, and a strong real estate market
potential.
Investing in Montriond’s Real Estate
For those looking to invest in Montriond‘s real estate, the market offers a variety of options. The current trends indicate a relatively stable market, making it an attractive option for both short-term and long-term investments. The scenic beauty of the area, coupled with its popularity as a ski destination, also makes it a lucrative spot for rental properties.