The Winter Continues!

April 23, 2012

It seems that we have had about a year of sunshine in the Alps. It’s not true of course but between the short periods of rain or snow we have had very long periods of stability. Well it all changed 3 weeks ago, here in the Haute Savoie it’s now been cold and “unsettled” for 3 weeks. That means snow. Lots of it. You might have heard about all of the powder days of the last few weeks. It’s not over yet. The Chamonix forecast predicts 30-40cm at 1800m tonight and 20-30cm tomorrow!!

http://chamonix-meteo.com/chamonix-mont-blanc/meteo/prevision/matin/previ_meteo_5_jours.php

Lee Massey and Gareth Jefferies from Alpine Property took part in an “end of season” ski mountaineering race yesterday.

Lee climbed over 1000m in cold snowy conditions dressed as “Elvis”, his traditional attire for this event. This picture looks like it was taken in February, not April 22nd! Over 100 teams took part on the day. Finishing up with a fairly enormous “feast” at Prodains. The full results and official pictures are here:

http://www.hauts-forts.com/2012/trophee_2012_podiums.htm

Morzine / Les Gets and Avoriaz are now closed. Though Chamonix has extended the opening of Brévent-Flégère by one week.

http://www.compagniedumontblanc.fr/

And the Grand-Montets (in Chamonix) is open until May 8th.

The difference to last year is stark!

 

 

 

 

 

It didn’t feel like the end of the season


Lac de Montriond in the Portes du Soleil

March 28, 2012

A few weeks ago during an unusually cold spell of weather here in the Alps I had a spare hour to kill in between my office work and family duties .

I decided a walk around Lac de Montriond would suffice. It’s about the same distance from Morzine as from St Jean d’Aulps. In fact you pass buy it on the way to Ardent if you are going to ski at Avoriaz. The lake is situated 2kms outside of the village of Montriond at 1064m, it is the third largest lake in the region of Haute Savoie ( after Geneva and Annecy ) it’s surface covers an area of 33 hectares, it is 1320m in length and 235m wide with a depth of 19m .

Sian Hughes took these pictures

As I pulled into the carpark at the west end, the temperature gauge in my car read -16 c !!  The first thing that struck me was how much more snow there was here than in the village on Montriond that I had just driven through. This is mainly due to the fact that the lake is shaded by 500m high cliffs along the length of it’s southern flank keeping the lake and it’s shores void of direct sunlight for most of the winter , this in turn creates an amazing frozen alpine winter wonderland, it was truly stunning with everything preserved in a sparkling frozen layer.

I decided to go in an anti clockwise direction heading out under the ice clad cathedral like cliffs.  As I wandered along the footpath come cross country ski trail it dawned on me what an astounding contrast this silent still scene was compared to that of an average day in August when the lake has full sun and is a hive of activity with families making the most of all the summer goodness.

As I continued to walk the snow squeaked under my boots, a true indication of just how cold it was. It took me twenty minutes to reach the far end where the Bout de Lac restaurant is situated. Normally it emanates a warm inviting ambiance but not today in this Arctic scene, it was inbetween business hours, lunch had finished and it was too early for dinner service and without a single light illuminating the building it looked as stark and cold as the frozen rocks that surrounded it .

I took this photo of one of the frozen icefalls above the Lac a few years ago.

I continued on my way along the North shore path constantly glancing across at the awe inspiring shale cliffs when I noticed a group of people wander out onto the ice. As I approached I could see they were carrying equipment, I realised that they must be going ice diving which I knew took place here in the winter months but had never witnessed first hand . Keen to get a closer look I made my way to the point where they left the shore and headed out onto the ice . When I arrived they had just finished re chainsawing the dive hole, the ice appeared to be about 1m thick , after a quick chat with one of the rubber clad divers , I discovered that the water temperature was a balmy 2 to 3 degrees centigrade and that they dive to a depth of 8 to 10 metres, all very interesting I thought as they donned their face masks and breathing apparatus and plopped into the slushy hole disappearing from my sight.

I made my way back to the car feeling thoroughly refreshed and slightly inspired, what a great way to spend an hour I thought to myself as I started the engine and cranked the heating on full blast, I sat there warming up imagining an under ice experience when I was swiftly brought back to reality with a text message from my wife reminding me it was my turn to collect the kids from school.


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A great start to the ski season

January 3, 2012

We’ve just been experiencing one of the “wettest” starts to a season for a long time. We are not complaining. It seems that up until December we’d   had one of the driest years on record. Of course “wet” can mean many things. We prefer to use the term “precipitation”, so that can cover rain and snow. The local paper reports that it rained on 26 days out of 31 in Annecy in December 2011. Yesterday we suffered a miserable day in the mountains with rain up to about 1800m at times. Thankfully it turned to snow late in the day. Today the weather had cleared so Lee Massey (covers Morzine for Alpine Property) and I bunked off work this morning to check out the conditions. Lets just say we were pleasantly surprised.

The weather is due to close in tonight so expect some more snow, and they are forecasting heavy snow on Thursday. Keep abreast with the weather around the northern alps by logging into our weather page 


Adding value to your property

December 16, 2011

The last stages of finishing off a renovation “project” are often overlooked, the furnishing and decorating of the newly renovated apartment or chalet are left to the owners to undertake – a daunting enough task close to home. Most of the renovations managed by members of the Alpine Property team are finished off by professionals, you’d imagine that this would push the cost up even more, it doesn’t have to. Especially if you take into account the amount of time you would need to finish the job. Time better spent enjoying the finished product!

Liz Ockelton – MAKE SPACE DESIGNS (www.makespacedesigns.com) has just finished 3 projects this autumn. Here are some of the results.

1. Chalet La Roche SAMOENS – sold by Denis Barbier of Alpine Property refurbished in 2010 and renovations recently completed by MSD adding an extra bedroom and now 4 new bathrooms. The original property listing is here. A selection of photos of the updated chalet are below.

 

2. La Christiana MORZINE – sold by Lee Massey of Alpine Property though before it ended up on the website. Newly furnished by MSD ready for Dec 2011

3. BONNEVAUX farm, sold by Claudia / Ed. Chalet Bonnevaux. The original listing is here, this old farm was habitable but is now being  renovated. Currently under construction due to be complete Dec 2011 / Jan 2012.

An original picture here:

The current state of affairs:


Christmas week starts with the bang of avalanche cannons.

December 16, 2011

We are currently experiencing a “major snow event” here in the French Alps, 100km/hr winds, and heavy snow now for the last couple of days. I was allowed out of the office on a training course yesterday. Avalanche training that is. A very short video is available below.

Deep snow

Deep snow

This movie requires Adobe Flash for playback.

Just getting to the venue was tricky enough. Today is the day before the season starts properly which means there are still loads of HGV’s on the road, combine that with the snow and narrow roads and you can imagine the consequences.

The avalanche risk is almost universally 5/5 across the Alps today and will probably remain that way tomorrow. Our local ski areas of Avoriaz and Morzine / Les Gets are both closed which I’m told is “unprecedented”, I certainly can’t remember that happening in the 12 years I have lived here.

Here’s looking forward to a nice calm Christmas.


First Snows in the Alps

December 7, 2011

The Autumn here in the Northern Alps has been settled and dry. These are great conditions to get out and enjoy the hills on foot or bicycle. Unfortunately this has left the ski resorts looking a bit sorry for themselves. This is a situation the British press thought would make a “good” story yesterday. Too bad they were behind the times.

I took this picture this morning, in the Vallee de la Manche in Morzine.  It’s still snowing heavily now and it looks like Avoriaz will be opening on schedule this weekend.

I had failed to make it all the way up the road and had to walk the last few metres to my meeting, which incidentally is next door to:

Chalet le Chargeau, 550,000 euros

More info here. I should have taken a more seasonal picture of the chalet whilst I was there.

For the avid snow watchers amongst you I recommend having a look at the list of weather resources I have put together on our “weather page”.

 


Buy a chalet with your gold

October 3, 2011

As you can imagine the current state of the market for property in the Alps is high on our list of topics of conversation. We are always happy to express our opinion to anyone that asks. It’s normally journalists, though sometimes it’s people looking to buy. In the second case I often get the feeling that the buyer thinks they are hearing too much “spin” as the reality on the ground in the Alps often differs marketly from the reality where the buyer happens to live.

This morning we had a long conversation with the bank we work with. BNP Paribas they commission a yearly report on the subject and the results are just out. A summary is available on their website. As is always the case with these reports, the figures are already out of date, they deal with 2010. A more current view can be obtained by talking to the agents to get their gut feelings and anectotal quotes.

A Chamonix viewThis view comes for free with a very reasonable priced “estate” in Chamonix.

So here are some quotes from Alpine Property. They concern the area we cover, so the Haute Savoie, which includes the likes of Chamonix, St Gervais, Megeve, La Clusaz, Grand Bornand, Samoens, Les Carroz, Flaine, Les Gets, Morzine, St Jean d’Aulps and Chatel.

“The Swiss are buying in the Northern Alps, it’s not a surprise, the Swiss Franc is so strong they can buy 30% more than they could last year”

“The French are back! After a fairly long time out of the market they are happy to buy second homes,

“Francophone buyers make up 50% of our sales”

“There are plenty of people out there willing to invest 1m+ euros in second homes in the Alps”

“The summer is now almost as important as the winter, that’s not to say that the summer market in the Alps would exist without the winter market, it’s just that the modern Alpine purchaser values the summer activities almost as highly as the winter ones”

Chalet Sochi

Chalet Sochi, shown here as an illustration of what is available at the top end of the market, full details on the Alpine Property website.

That’s 5 quotes, that’ll do for now. My comments as far as the BNP report goes are that in 2010 the market recovered from 2009. In fact we would say the market crashed in 2008 (that’s not news), this hit the 2009 figures hard and now the figures for property sales in  2010 illustrate the  good recovery, almost back to the peaks of 2007. We can add to that and say that 2011 will be better still.

As far as prices go we saw some quite significant price falls in the outlying towns, they have stabilised now but there are still some great bargains to be had. For instance take a look at:

Chez Patou, 295,000 €uros in St Jean d’Aulps

A character property in need of renovation, situated on a sunny plot with great views.

Full details can be found at the Alpine Property website.

Even in the established towns such as Morzine there are bargains, look at the following property, we haven’t seen anything like this (at this price) for 5 years.

Chalet Amis, 399,000 €uros in Morzine

A 3 bedroom chalet on the ski bus route in Montriond

Full details can be found on the Alpine Property website

This all sounds quite upbeat doesn’t it? The property sales bear this out. The owners know this too, they are pricing their chalets “to sell” but not negotiating a whole lot. This might sound surprising to the British buyer who is fed a constant stream of gloom from the press. There are plenty of people who instead of investing their money in the stock market or gold are putting it into the euro in the form of bricks and mortar.


Latest Coverage in National Papers

January 25, 2011

Our partners at Winkworth in London work very hard to give our properties exposure in the UK press. This year has been no exception. So far for the winter 2010/11 the following articles have featured our properties.

1. November 2010: Country Life special winter edition

Featuring the following properties:

Chalet Morzine, Chalet Juliette (in Les Gets)

and Chalet Les Murailles (near Annecy)

2. December 2010: Tatler

Featuring the following property:

Chalet Morzine

3. December 2010: Sunday Telegraph

Featuring the following properties:

Auberge Vercland and Chalet 2 Saisons in Samoens

Chalet Oratoire in Chamonix

4. December 2010: Money Week

Featuring the following property:

Chalet Nant Cruy near Megeve

5. January 2011: Sunday Times

Featuring the following property:

Penthouse Apartment in Morzine

6. February 2011: Sunday Telegraph

Featuring the following property:

Chalet Juliette in Les Gets


Selling Costs

November 26, 2010

We are often asked about how much it costs to sell a property in France. The answer is fairly straightforward. I’ll illustrate it with a (hypothetical) example, taken from our website, of an individual chalet.

Chalet les Pommiers

Chalet les Pommiers
Price 595 000 €uros
http://www.alpine-property.com/index.php?page=prop_1_pommiers

We have a sliding scale of fees that are available on our website at

http://www.alpine-property.com/index.php?page=page22&lang=en

So for this chalet it would be a 5% commission, we’ll have to add TVA to this so the relevant figure for the seller is 5.98%. This will leave

559,419 euros for the (hypothetical) seller.

There will also be various surveys that will have to have been undertaken.

Energy / Asbestos and Lead / Electrical integrity, together these bills will amount to about 500 euros

Leaving 558,919 euros for the seller.

From this any capital gain will need to be calculated. If this is a primary residence then there will be no CGT to pay. If this is a secondary home then CGT will need to be calculated, the French government have a method of making sure this payment is not avoided! If the seller is not resident in France he will need to take this into account, if the property is sold for more than 150,000 euros (as in this case) the French government will want a guarantee that the CGT liability will be paid, in practice this guarantee is offered by a third party Tax Representative (example: SARF), their fee would normally be 1% of the amount realised by the seller. So in all cases where the seller is not resident in France (even if there has not been a Capital Gain in the value of the property), count on another 1% fee. which will leave:

553,330 euros for the seller.

You’ll see that I have not mentioned any legal fees, these are paid for by the buyer.

Update: October 2011. There have been some changes to the CGT situation in France. The SARF have got a handy calculator to help

http://www.sarf.fr/PVLTN2011.php



New Ski lift in Morzine

September 23, 2010

So the Summer is over and we have some bad weather forecast for the weekend. Maybe now would be the time to start talking about the coming ski season? Well here is a quick post to get us started. Though it’s probably only interesting to those who ski in the Portes du Soleil.

pt de nyon

This picture was taken at 1400m on the Plateau de Nyon just around the corner from the subject of this post.

We have spotted the construction of a new lift between Morzine and Les Gets. Situated in a bit of a no-man’s-land between the two ski areas (in fact this lift is on Verchaix land) Chamossière is Morzine’s “backcountry” ski area, the top of the skiing here is 2000m so the snow is consistently good, and apart from a red and a black run there are a number of unpisted bowls accessible from the summit.

It looks like the new lift will replace the old Télésiège de Chamossière,

http://www.remontees-mecaniques.net/bdd/reportage-1787.html

If you got exited by that link then calm down, “lift spotting” is no better than “trainspotting”.

I’ve taken a couple of pictures

chamossiere_sign

There is a fair discussion on the subject  on the remontees-mecaniques forum and a useful picture that shows you were the route goes

http://www.remontees-mecaniques.net/forums/index.php?showtopic=11098

So the downside? Well this new 6 seater “detachable” chair will double the potential number of skiers in the backcountry around here, which just means it’ll get skied out twice as fast. Well that’s progress….

Update, there is snow falling on the tops, this picture was taken yesterday:

sept 24th 2010 b

From the webcam on top of the Mossettes:

http://portesdusoleil.livecam360.com/


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