Next Neighbourhoods 2021: Les Favrands, Chamonix, French Alps
Located to the south-west of Chamonix town centre, Les Favrands has traditionally been a residential part of the Chamonix Valley, but is becoming increasingly popular with investor owners given its proximity to town, convenience and good value pricing.
01 March 2021
Why is it primed for growth?
More established areas on the north-eastern side of town have reached a price point that excludes many buyers with families who struggle to afford four- to five-bedroom chalets. The town hall is focused on raising the permanent population in the valley and is encouraging quality development in Les Favrands. There are two schools and a protected cycle path leading right into town. There are also dramatic views of the Aiguille du Midi, the Bossons Glacier and Mont Blanc itself.
My favourite bits:
The many small trails and pathways that wind through the various villages to the small resort of Les Houches and up into the mountains on both sides of the valley.
What will my money buy me?
€1.5 million will get you a good-sized family chalet within reasonable walking distance of town, compared with €2.3 million for something similar on the north-eastern side.
One thing the locals like to keep secret:
All of the above! A quarter of the permanent population of the valley live in this area, providing a real sense of community, with many attracted by the town’s broad range of amenities and its social scene.
