The Courchevel real estate market in 2026 continues to evolve.
On the ground, Home Courchevel has observed varying conditions depending on the village, the age of the properties, and the level of amenities in the apartments and chalets.
Courchevel 1850: New Construction Drives Up the Market
In Courchevel 1850, new real estate developments and high-end renovations are contributing to the rising prices per square meter.
Today’s buyers are seeking properties that offer a high level of comfort: spacious layouts, high-quality materials, multiple bathrooms, parking, a ski room, smart home automation, as well as additional high-end amenities.
This trend is also widening the gap between an older apartment in need of renovation and a fully renovated property that meets today’s luxury standards.
Courchevel Village and Moriond: Limited Supply
In Courchevel Village 1550 and Courchevel Moriond 1650, we are also seeing a relatively limited supply of certain types of properties.
This scarcity helps support the value of well-located and well-maintained apartments.
In the new, high-quality developments, asking prices can exceed €20,000 per square meter (including tax), depending on the project and amenities.
Furthermore, certain real estate developments are marketed with provisions that, under certain conditions, allow for a VAT refund—particularly in connection with serviced rental operations. This potentially lucrative system involves specialised technical and tax knowledge and must be reviewed on a case-by-case basis with a qualified professional before any purchase decision is made.
Apartment Buildings from the 1980’s Are Being Transformed
Another trend is emerging: interest in certain older apartment buildings that still have potential for renovation or adding additional stories.
When a project is technically and administratively feasible, the building rights may be of interest to real estate developers.
This can sometimes make it possible to simultaneously plan a major renovation of the building: facades, roofing, common areas, elevators and energy efficiency upgrades.
These projects are naturally complex and depend on planning regulations, administrative permits, and decisions by the co-ownership association.
However, they represent an interesting development for certain residential buildings constructed several decades ago.
Energy efficiency is becoming a major issue
The renovation of older residential buildings is also gaining importance as requirements regarding housing energy efficiency continue to evolve.
For a buyer, simply looking at the price per square meter is therefore no longer enough.
The overall condition of the apartment building, any approved or planned renovations, energy efficiency, and renovation potential must all be factored into the analysis of the property.
Land scarcity supports existing locations
Courchevel is a mountain resort where construction opportunities are not unlimited.
This constraint makes buildings, many already located in sought-after areas, particularly valuable.
It is also for this reason that the renovation, restructuring, and sometimes conversion of existing residences are gradually taking on greater importance.
The Home Courchevel Perspective
Our market experience shows, above all, that by 2026, it will become less and less relevant to speak of a single price per square meter in Courchevel.
Two apartments located in the same area can have very different values depending on the building, orientation, floor level, condition, views, access to the slopes, and rental potential.
A real estate appraisal must therefore be based on the property itself and its immediate surroundings.
