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Properties for sale in Châtel & Vallée

Under Offer

Chalet El Mirador

Under Offer €875,000
5 La Chapelle-d'Abondance 182 m²

Chalet El Mirador is a large, modern chalet located in La Chapelle d’Abondance. Originally built in 2005, with a balcony extension completed in 2009, the chalet benefits from 182 sq m of habitable space (approx 232 sq m total space), is in excellent condition throughout and comprises; On the ground floor; a large open plan living, dining and kitchen area with access to the sunny balconies and covered terrace, a spacious entrance hall, a shower room. On the first floor; three double bedrooms (two with balconies), a shower room and separate WC, a lounge area on the landing, and an attic storage room. On the lower ground floor; a spacious master bedroom with ensuite bathroom, plenty of storage and sauna, and office which could be used as a fifth bedroom, a garage and a laundry room. The chalet benefits from exceptional panoramic views of the Abondance valley and plenty of sunshine due to its aspect. It is only 400m to the nearest restaurant and 800m to the centre of the village.

Ed OCKELTON

Ed OCKELTON

For Sale

Chalet Doc et Douna

For Sale €1,280,000
7 La Chapelle-d'Abondance 421 m²

Chalet Doc et Douna is a substantial and beautifully maintained chalet located in the popular village of La Chapelle d'Abondance, just a short walk from the village centre. Enjoying exceptional panoramic views, plenty of sunshine and views towards the church and the Cret Beni ski pistes, the property occupies a private plot of 891 m². Built in 1997, the chalet is in excellent condition throughout and has been exceptionally well maintained. While buyers may wish to consider some cosmetic upgrades to personalise the interiors, the property is presented in such excellent condition that it feels almost as though it was built yesterday. With 221 m² of habitable space and approximately 421 m² of total usable space, this is an exceptionally spacious chalet offering considerable flexibility for family living, entertaining or rental use. Key Features:- 8 bedrooms, 3 bathrooms plus 3 separate WCs, 221 m² of habitable space, approximately 421 m² of total usable space, private plot of 891 m², open-plan living, dining and kitchen area, feature fireplace, additional kitchen/living room on the lower ground floor, wine cellar, spacious laundry room, large double garage, off-road parking, extensive outdoor space, sunny terrace and balconies, central heating via heat pump, beautiful views towards the church and Cret Beni ski pistes, short walk to the centre of Châtel. Layout:- Ground Floor Entrance hall, spacious open-plan living, dining and kitchen area, feature fireplace, pantry, large bedroom with dressing area, spacious bathroom, access to a large, sunny terrace. First Floor Spacious landing area, two double bedrooms with balcony access, third double bedroom, fourth bedroom under the eaves, family bathroom, separate WC, additional under-eaves storage areas. Lower Ground Floor Two double bedrooms, kitchen/living room, shower room with WC, wine cellar, entrance hall with storage, spacious double garage, large laundry room. Chalet Doc et Douna is a rare opportunity to acquire a very large, exceptionally well-maintained chalet in a sought-after location close to the centre of La Chapelle d'Abondance. With generous living space, extensive outdoor areas, excellent views and plenty of potential for personalisation, this is an ideal property for a large family, multi-generational living or a high-capacity holiday home.

Ed OCKELTON

Ed OCKELTON

For Sale

Chalet d'Artagnan

For Sale €1,550,000
6 Chatel 198 m²

Located at the top of Petit Châtel, Chalet d'Artagnan is a spacious and modern chalet enjoying stunning panoramic views and excellent sunshine. It benefits from 167,18 sq m habitable space, 198,47 sq m total usable space. Built in 1995 and renovated in 2022, the chalet is arranged over three floors and offers generous accommodation, excellent outdoor space and a highly desirable location close to the ski lift and local amenities. Key Features 6 bedrooms 3 bathrooms plus 3 separate WCs Spacious living room with wood-burning stove Modern kitchen/dining area Sauna Games room South-facing balconies and terrace Garden Garage 500m from the nearest chairlift and shops/restaurants Free ski bus approximately 350m away Possible ski return to the chalet via an off-piste field in good snow conditions Renovated in 2022 Layout Ground Floor Entrance hall Separate WC Spacious living room with wood-burning stove Modern kitchen/dining area Access to a large south-facing balcony Garage First Floor Two double bedrooms with access to a south-facing balcony Family bathroom Separate WC Sauna Lower Ground Floor Large double bedroom with en-suite shower room Three further bedrooms Shower room Separate WC Games room Laundry room Access to the south-facing terrace and garden A rare opportunity to acquire a spacious and recently renovated chalet in one of Petit Châtel's most sought-after areas. With exceptional views, excellent sunshine and convenient access to skiing and local amenities, Chalet d'Artagnan is an ideal family home, holiday property or rental investment in a highly desirable and in-demand location.

Ed OCKELTON

Ed OCKELTON

Under Offer

Chalet Etringa

Under Offer €1,150,000
4 Châtel 128 m²

Chalet Etringa is a modern semi detached chalet in a sunny location, not far from the centre of Chatel. Built in 2019, the property is like new throughout. Laid out over two floors it benefits from 129 sq m of habitable space (165 sq m of usable space including ski room and garage) and comprises; On the lower ground floor – 2 double bedrooms (one with en suite bathroom, one with ensuite shower room) with access to a terrace, bunk room with ensuite shower room, separate WC, office/tv room, laundry/boiler room. On the upper ground floor – open plan living/dining area with wood burning stove, modern fitted kitchen, double bedroom with ensuite shower room, access to the sunny balcony. The property is heated via a heat source pump and under floor heating, and adheres to the latest energy efficiency standards. It also benefits from a spacious private ski room with boot warmers, a garage and two parking spaces. Located just outside the village centre, Chalet Etringa is an easy short walk from the main bars/restaurants and the swimming pool.

Ed OCKELTON

Ed OCKELTON

For Sale

Chalet Morclan

For Sale €875,000
4 Châtel 133 m²

Charming 4-Bedroom Chalet with Panoramic Views – Petit Châtel Located in the popular Petit Châtel area, this attractive chalet, Chalet Morclan, enjoys exceptional panoramic mountain views, a sunny south-west facing aspect, and easy access to the ski bus, shops and restaurants. Originally built in 1993 and partially renovated in 2021, the chalet is arranged over three floors and offers comfortable accommodation for family holidays or year-round living. Key Features 4 bedrooms 2 bathrooms plus separate WC Open-plan living and dining area with wood-burning stove Fully equipped corner kitchen South-west facing terrace with panoramic mountain views Balcony accessed from two bedrooms Garden and terrace accessed from the lower ground floor bedroom Garage plus additional private outdoor parking space Laundry room Walking distance to shops, restaurants and the free ski bus stop Layout Main Floor Open-plan living and dining room with wood-burning stove Corner kitchen Shower room with WC Access to the sunny terrace Lower Ground Floor Double bedroom with terrace and garden access Family bathroom with WC Spacious entrance hall with separate entrance Laundry room Upper Floor Two spacious double bedrooms with balcony access One smaller bedroom Separate WC with wash basin Useful under-eaves storage in all bedrooms and the WC (areas with restricted head height are not included as habitable space) This well-maintained chalet offers an excellent combination of sunshine, views and convenience in one of Châtel's most desirable locations, making it an ideal holiday home, rental investment or permanent residence.

Ed OCKELTON

Ed OCKELTON

For Sale

Chalet La Pesse

For Sale €850,000
4 La Chapelle-d'Abondance 158 m²

Chalet La Pesse is a modern and spacious four bedroom chalet with beautiful south facing views. Built around 2001, the property is in excellent order throughout and comprises; - On the ground floor: Kitchen and open plan living/dining room with fireplace (with access to large terrace), bedroom with private balcony, bathroom, separate guest WC, entrance hall with storage. - On the first floor: two spacious bedrooms with balcony, a mezzanine area which can be used for extra sleeping space, a family bathroom. - On the lower ground floor: Double bedroom with ensuite bathroom, laundry/technical room, original garage (which is used as a second living room/games room), and an external garage with electric door. The property sits on a well maintained garden with lots of sunshine and views to the Mont de Grange mountains and the stunning Dents du Midi range. Location wise, the chalet is on the edge of La Chapelle d’Abondance with easy access to Chatel and the ski areas at Linga and Panthiaz.

Ed OCKELTON

Ed OCKELTON

For Sale

Chalet L'Ourson

For Sale €750,000
6 Bonnevaux 150 m²

Chalet L’Ourson is a modern and stylish chalet located in the popular village of Bonnevaux, close to the ski areas of the Valley d’Abondance and the Valley d’Aulps. Built in 2005, the property is in excellent condition throughout. It benefits from approximately 155 sq m of “habitable space”, with an extra 55 sq m of “usable space” and comprises; On the main floor: Open plan living & dining area, lounge with wood burning stove and access to the sunny terrace, two bedrooms, family bathroom, separate WC and spacious entrance with storage. On the upper floor: Lounge area on the landing, bedroom with ensuite shower room, two further bedrooms and extra shower room. On the lower ground floor: Self contained studio with open plan living/dining/kitchen area, plus shower room, spacious garage, boiler room and a number of cave storage areas. The chalet sits on a large plot of 1121 sq m, and has far reaching views. Bonnevaux is a pretty village halfway between the ski areas of the Abondance valley and the Morzine valley. There is a renowned restaurant within easy walking distance, plus a boulangerie.

Ed OCKELTON

Ed OCKELTON

For Sale

Chalet Petit Châtel

For Sale €2,995,000
7 Châtel 354 m²

Chalet “Petit Chatel” is an absolute masterpiece of construction. Built by the best local artisans in 2013, to the highest of specifications, the chalet has arguably one of the best locations in the entire village with commanding panoramic views of the whole Abondance Valley. The property has three floors dedicated to living space, plus a spacious basement area used for garaging and storage. With over 350 sq m 2 of habitable space, the main chalet is generously proportioned and comprises; On the lower ground floor: Spacious entrance with ample storage space, ski/boot room, double bedroom with en suite bathroom, smaller bunk room, laundry room, indoor swimming pool with shower and WC facilities, boiler room, large covered terrace area. On the ground floor: Main living room and dining area with picture windows and access to the side terrace and balcony, large modern kitchen, TV room, second living/dining/kitchen area (ideal for staff or for a breakout living space away from the main living area), double bedroom with ensuite bathroom, pantry, two guest WCs. On the first floor: Four large en suite bedrooms (the two bedrooms at the back of the chalet are exceptionally large with a space which could be used as a secondary sleeping area if required. The property benefits from a modern and energy efficient central heating system powered by a ground source heat pump. And the indoor swimming pool has large doors to open to the outside on sunny/warm days. At the road level is a spacious garage, double car port, and plenty of storage space. The chalet is located at one of the highest points in the village and offers unrivalled views and sunshine. Although nestled amongst the pine trees, the property is a short walk from the free ski bus. The nearest chairlift and shops/restaurants are a two minute drive away, and it is often possible to ski back to the chalet via an easy 4x4 track.

Ed OCKELTON

Ed OCKELTON

For Sale

Chalet La Ferme

For Sale €1,590,000
7 La Chapelle-d'Abondance 430 m²

Chalet La Ferme – Exceptional Historic Farmhouse in the Heart of La Chapelle d’Abondance Price: €1,590,000 Location: La Chapelle d’Abondance, Portes du Soleil, Haute-Savoie, France A rare opportunity to acquire a truly unique alpine property in one of the most charming ski-resort villages in the Portes du Soleil! This historical farmhouse, dating from 1680, has been thoughtfully extended and fully renovated in 2007/2008, blending authentic character with modern comfort throughout. Property Highlights Spacious Family Home: Approximately 430 m² of living space across three floors, beautifully combining original architectural features with contemporary finishes. Bedroom Layout: A total of 6 bedrooms and 6 bathrooms, including a master suite and several generous guest rooms — perfect for family living or rental use. Independent Apartment: On the garden level, a self-contained one-bedroom apartment with living room/kitchen, private garden access, bathroom and utility spaces — ideal for guests or rental income. Living Space: A stunning upper-floor living room with high ceilings, exposed original beams and a feature fireplace, opening to a well-equipped kitchen and mezzanine area. Outdoor Living: Sunny, south-facing garden with terrace and sunken jacuzzi, plus a double garage, car port and off-road parking. Caves For Development - The spacious cave areas could be converted into a swimming pool or cinema room. Practical Features: Modern insulation, updated windows and efficient heating system, all delivered sympathetically within the traditional farmhouse fabric. Unbeatable Central Location Perfectly positioned in the centre of La Chapelle d’Abondance, this property offers immediate access to village amenities — shops, restaurants and ski bus service are just steps away. The ski bus stops nearby, connecting to the Portes du Soleil domain and Châtel’s extensive piste network, while summer mountain trails and outdoor activities abound. Investment & Development Potential This is more than just a beautiful home — the substantial 1 196 m² land parcel, situated right in the centre of the village, presents significant investment and redevelopment potential. With such a large buildable plot in a prime alpine location, possibilities include: Expansion or additional structures (subject to planning consent) Commercial or tourism-oriented development (e.g., boutique chalets, guesthouses, or seasonal rental units) Enhanced revenue streams leveraging the independent apartment and existing bedroom layout Given the combination of location, scale and flexibility, this property represents a compelling buy for both lifestyle buyers and astute investors. Why Chalet La Ferme Stands Out:- ⭐ A stunning historic gem fully modernised for today’s living ⭐ Exceptional room configuration ideal for family use or guest accommodation ⭐ Rare central village setting with immediate access to year-round activities ⭐ Large plot with potential for future value creation

Ed OCKELTON

Ed OCKELTON

For Sale

Chalet Pèlerin

For Sale €635,000
6 Abondance 143 m²

Chalet Pelerin is a modern and spacious six bedroom chalet in a sunny location just outside of Abondance. Built in 2005, the property is in excellent order throughout and comprises; On the lower ground floor: Garage, hallway/laundry room, two bedrooms, shower room, boiler room. On the ground floor: Open plan living, dining and kitchen area with wood burning stove, access to the sunny covered terrace, entrance hall with cupboards and visitor toilet, double bedroom with ensuite bathroom. On the first floor: Two double bedrooms with balcony, double bedroom with ensuite shower room, family bathroom. The property has an easy to maintain garden, and benefits from a lot of sunshine due to its southerly aspect. The footpath which runs along the river Dranse is easy to access on foot (or on bike). The chalet is located 1.5 km from the shops in Abondance, and only a 10-15 minute drive from the main skiing of the Portes du Soleil.

Ed OCKELTON

Ed OCKELTON

For Sale

Chalet Dragon

For Sale €1,450,000
9 La Chapelle-d'Abondance 355 m²

Chalet Dragon offers buyers the opportunity to acquire two chalets in the sought after area of “Le Rys” in the popular ski resort of La Chapelle d’Abondance. Built in the 1980s, the two chalets are in excellent order throughout and offer owners many usage options. Currently, the larger of the two chalets (Chalet Dragon) is used as a family holiday home, while the smaller chalet (Chalet Dragon) is rented as a gite. The chalets are laid out as follows; Chalet Dragon is a spacious chalet laid out over four floors. It benefits from 251.67 sq m of habitable space (300.23 sq m of total space) and comprises; On the lower ground floor, a spacious double garage, laundry room, cave, boiler room, ski room and wine celler. On the ground floor, open plan living/dining room with open fire and access to the sunny terrace and balconies, kitchen, tv “snug”, bedroom, bathroom, separate WC and spacious entrance hall. On the first floor, one master bedroom with spacious en suite bathroom, double room with en suite shower room, two further double bedrooms, family bathroom, office area. In the attic, useful extra storage or sleeping space with shower room. Petit Dragon is a smaller chalet laid out over three floors. It benefits from 103.54 sq m of habitable space (130.30 sq m of total space) and comprises; On the lower ground floor, spacious entrance hall with plenty of storage, two bedrooms, shower room, boiler room. On the ground floor, open plan living/dining/kitchen area with open fire, bathroom, bedroom and laundry room. On the first floor, bedroom and separate WC. The property’s elevation gives it extraordinary far reaching views, including the magnificent “Dents du Midi” mountains. The chalets face south and the location is exceptionally sunny all year round. Externally there is a covered jacuzzi, pleasant gardens and adequate parking for a number of cars. The chalets are only 280 m from the nearest restaurant, 1000 m to the Telecabine and 750 m from the centre of La Chapelle d’Abondance. This is an exceptionally rare product to come to market due to the size, layout and sought after location.

Ed OCKELTON

Ed OCKELTON

For Sale

Chalet Au Mont

For Sale €1,349,000
6 Abondance 240 m²

We are very proud to offer this beautiful, detached chalet with an amazing view, located in the popular ski resort of Abondance, part of the Portes du Soleil ski domaine! The chalet is south facing, and has open panoramic views. It is like new throughout and is situated on a complex which includes a wellness area, gym, pool, hot tub and sauna. Built over 3 floors, the property comprises; First floor: Spacious living room with large windows, access to the upper terrace, exposed beams and fireplace, an open and modern fully fitted and equipped kitchen with cooking island and granite worksurfaces, pantry, large sunny terrace (complete with lighting and fireplace), entrance hall and guest WC. The entire first floor is finished with a parquet floor and underfloor heating. Floor -1: From the landing you have access to four bedrooms - two of which have an ensuite bathroom, a bathroom in the hallway, a separate toilet room and the stairs to floor -2. From each bedroom you can enjoy the amazing views of the mountains and the valley. Again, all bedrooms have a beautiful parquet floor with underfloor heating and the walls and ceiling are smooth plastered. Floor -2: From the landing you have access to two bathrooms, the wellness area, ski / laundry room and two bedrooms. The ski/laundry room has a washing machine connection and a heatable Koralp ski boot holder. The wellness area with sofa bed has a light tiled floor and a sauna. The chalet also benefits from two private parking spaces, a large carport and under the apartments an additional private covered parking space. Located a short drive from the centre of Abondance, the chalet has easy access to the stations of the Portes du Soleil (Chatel, Morzine, Abondance, La Chapelle d'Abondance) and also the Montagnes d'Evian (Abondance, Bernex & Thollon). In summer, the chalet is a short drive from the beaches on Lac Leman (Evian, Lugrin).

Ed OCKELTON

Ed OCKELTON

Properties for sale in Châtel range from studios and one-bedroom apartments to large chalets with private wellness facilities, a spread that suits buyers at most budgets and with different intentions: a permanent home, a holiday property or a rental investment.

What Châtel offers buyers in the French Alps

Châtel is not a purely seasonal resort. Around 30 working farms remain active in the area, and the village centre, with its shops and restaurants, stays open well beyond the school holiday windows. That gives it a different character from resorts that exist primarily to serve visitors, and it is part of what draws buyers who want a settled place to own property rather than a market town that hibernates between peaks.

A traditional village in Haute-Savoie

The village is a mix of Savoyard chalet architecture and more recent residential development, with the centre giving easy access to shops, restaurants and transport links. Its position close to the Swiss border is a practical consideration for buyers with professional or personal connections across it (Geneva is as accessible from Châtel as many places within Switzerland itself).

Châtel is a contained village, not a large resort. Buyers who want the commercial activity of a Chamonix or the resort infrastructure of Val d'Isère will find it quieter. The traditional charm of the area and the sense of an actual community are what draw buyers who are specifically looking for that.

Access

The drive from Geneva Airport takes approximately 1 hour 40 minutes on well-maintained roads. Winter shuttle services connect to the resort when driving conditions are less straightforward. The proximity to the Swiss border means the drive is equally easy for buyers arriving via Geneva whether by air or overland from Switzerland.

For second-home owners, the practical consequence is simple: a late-afternoon flight from the UK or elsewhere in Europe can reach the property the same evening. That kind of easy access is one reason the village is as sought after as it is among international buyers.

The Portes du Soleil ski area

The Portes du Soleil is a cross-border ski domain linking resorts in France and Switzerland on a single lift pass.

Châtel sits within the French side, with connections into the wider domain via two main access points: Linga and Super-Châtel. Property demand in Châtel is driven in part by the scale of the domain. Buyers are not just purchasing access to a single resort but to one of the largest linked skiing areas in the mountains.

650 km of skiing across 12 resorts

The Portes du Soleil covers 650 km of marked runs across 12 linked resorts. On the French side these include Morzine, Les Gets and Avoriaz; the domain extends into Switzerland via Champéry and Morgins. A single pass covers the whole area.

Buyers comparing ski areas in the French Alps will find the Portes du Soleil offers considerable scale, comparable in size to other major French domains, at price levels that remain lower than the top-tier resorts. From Châtel, the Linga area gives ski-in/ski-out access to the slopes, which is reflected in the pricing of properties there. The ideal location for buyers who prioritise being on the mountain is Linga; those who prioritise the village centre look elsewhere.

Year-round activities in Châtel

Châtel draws visitors across both seasons. In summer the resort offers mountain biking, hiking, white water rafting, kayaking and an open-air pool. Walking trails range from gentle valley-floor routes to more demanding ridge walks, with plenty of options across different fitness levels.

The resort functions as a dual season resort, and that is relevant to anyone buying to let.

Property types for sale in Châtel

The Châtel market covers a wide range: studio apartments at the entry level through to large luxury chalets at the upper end, with a mix of resale and new-build properties across all categories. Land for development comes to market less frequently but does appear. The choice of property type affects purchase costs and, for investors, the tax position on rental income.

Apartments: studios to three bedrooms

Studios and one-bedroom apartments are found principally in the Petit Châtel area and near the Linga gondola, the entry point for property in Châtel. A pleasant one-bedroom apartment in a good position in this part of the village is the most accessible purchase on the market. A bedroom apartment at this level draws buyers interested in a manageable holiday home or a rental unit that does not require a large upfront commitment.

One and two-bedroom apartments in well-located developments and the village centre make up the mid-range. Three-bedroom apartments, typically with terraces, modern amenities and mountain views, sit at the upper end of the apartment category.

French property listings use a T-classification: a T4 refers to a three-bedroom apartment, with the number covering total rooms excluding the bathroom. Buyers new to the French market should check room configurations carefully, as a spacious T4 in a listing may include a large terrace that forms a considerable part of the living space.

Chalets: traditional and luxury

The chalet market spans from traditional Savoyard-style resale properties, older builds with original architectural features, to modern luxury chalets with spa facilities, swimming pools and unobstructed views across the mountains. Chalets with ski-in/ski-out access in the Linga area carry a clear premium over those requiring a short transfer to the slopes.

At the upper end, chalets frequently offer far-reaching mountain views, five or more bedrooms and private wellness facilities. Some properties at this level involve shared ownership structures, known in France as indivision, or rental management obligations attached to their purchase.

New-build developments: Linga, Richebourg and Petit Châtel

New-build development in Châtel is concentrated in three areas. Linga is the highest-specification zone: ski-in/ski-out access and proximity to the gondola make it sought after, and apartment and chalet complexes here typically include spa facilities and spacious layouts with modern finishes throughout. Richebourg is a quieter, sunny hamlet with apartment projects that appeal to buyers who want a calmer position away from the main village. Petit Châtel is where entry-level studios and one-bedroom units are found, a more contained part of the village with a pleasant residential character.

Land parcels come to market in and around these areas from time to time, for buyers who want to build. New-build properties carry lower purchase costs than resale.

Property prices in Châtel

Property in Châtel is priced at the premium end of the French Alps market, a reflection of the Portes du Soleil domain, the proximity to Geneva and the year-round resort character.

Factors that affect price

Luxury chalets, those with wellness facilities, unobstructed views or ski-in/ski-out access understandably come at the highest relative prices.

Properties in Linga and the village centre sit at the top of their price brackets; equivalent square footage in Petit Châtel or Richebourg is more affordable. Properties with unobstructed views or an ideal location relative to the slopes carry a further premium.

How Châtel prices compare to the national average

Châtel prices are well above the French national average, a reflection of its position within an international ski domain and its proximity to Geneva. The French residential market as a whole is projected to grow at roughly 2–3% per year, but Alpine resort property does not track national averages and buyers should not apply that figure to Châtel.

Within the French Alps, Châtel sits at a mid-to-upper level: more affordable than the highest-profile resorts, Courchevel, Méribel, Val d'Isère, but priced above lower-altitude or smaller resorts elsewhere in the Portes du Soleil area. For buyers with a fixed budget, that positioning gives access to a major ski domain at prices that remain below the very top of the French Alpine market.

Investment and rental potential

Châtel is an established buy-to-let market, with rental demand running across winter and summer. The variables that most affect rental income are property type, position relative to the slopes and the village centre, and whether the property is placed into a managed rental scheme or let independently. Both routes are used by owners here, and each involves different obligations and flexibility.

Rental potential

Properties with ski-in/ski-out access in Linga or close to the village centre tend to achieve higher weekly rates and stronger occupancy through the season. Summer rental income is lower than winter but adds to the annual total.

Owners let either independently or through a managed scheme. Independent letting gives more control over dates and pricing. Managed schemes handle bookings and maintenance through an operator. Properties placed into a managed para-hôtelier arrangement, the commercial rental classification used in France for furnished tourist accommodation, are what give rise to the TVA recovery opportunities described below.

New-build tax advantages for investors

New-build properties carry notary fees of roughly 2–3% of the purchase price, compared with 7–8% for resale. On a purchase of €600,000 or more, that difference is material, a saving at the point of purchase before any consideration of rental income.

The 20% French TVA (taxe sur la valeur ajoutée, France's equivalent of VAT) included in the price of a new-build can be reclaimed if the property is placed into a commercial rental scheme under a para-hôtelier classification. The obligation runs for 20 years from the date of completion, though the property can be sold before that point. On exit before 20 years, the TVA reclaim is subject to review. The financial outcome depends on the rental income the property generates and the fees the operator charges.

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