The average price per m² in Les Allues is 12 384 €/m² for an apartment, based on actual notarised (DVF) sales. About 145 transactions are recorded each year.
Atmospheric illustration of Les Allues, the main village of the Méribel valley, in the Tarentaise.
The average price per m² recorded in the municipality of Les Allues stands at 12 384 €/m². This level, among the highest of the Tarentaise resorts, is explained by the weight of Méribel and Mottaret in the housing stock: most sales involve apartments and studios in resort developments, from the ski-in ski-out property to the recent upmarket apartment. Chalets and detached houses, numerous in the local Savoyard style, trade at a close level, around 13 136 €/m². The historic village of Les Allues, at 1 100 metres, offers older and more affordable housing than the tourist altitudes. These figures come from the DVF database (the French record of notarised property sales), which lists the transactions actually registered with notaries.
Prices from the DVF file (Demandes de valeurs foncières, published by the DGFiP), transactions actually recorded at the notary at municipality level. Cross-referenced with the Notaires de France - INSEE indices. Learn more about our methodology.
The Les Allues market is that of a large international resort rather than that of an ordinary mountain municipality. Membership of the 3 Vallées area, the architectural quality inherited from the founders and the renown of Méribel sustain strong demand, French and foreign, in a territory where buildable land is limited by the relief and by landscape protection. This scarcity of new supply durably weighs on values and explains the high price level recorded in the municipality.
Demand is concentrated on ski-in ski-out properties and on recent or renovated homes, while older stock with a poor energy performance rating becomes harder to sell without works. Seasonal letting remains a driver for investors, supported by the twofold winter and summer season and by visitor numbers in the ski area. The village of Les Allues, at lower altitude, offers a more affordable entry point than Méribel-Centre for those seeking authenticity rather than the foot of the slopes.
Carried by Méribel and the 3 Vallées area, the municipality sits above Les Belleville, Tignes and Megève, in the upper reaches of the Savoie and mountain resort market.
Les Allues occupies a Tarentaise valley, in Savoie, organised around some ten hamlets tiered between 1 100 and 1 850 metres of altitude. The village of Les Allues itself, at 1 100 metres, remains the administrative centre, with its church and its former communal bread oven. Long a farming and pastoral municipality, the territory passed under the authority of the kings of Piedmont-Sardinia in the 18th century, before its inhabitants voted to join France in 1860, following the Treaty of Turin.
The modern history of the municipality turned in the 1930s. In 1936, the British colonel Peter Lindsay was looking in France for a ski destination able to replace the Austrian resorts, then hard to reach in the political context of the time. He explored the Les Allues valley, measured its potential, and founded a land company to build a resort there. In 1938, the first ski tow and the Les Allues ski club marked the birth of Méribel.
The development of the resort followed a strict set of rules, wanted by its founders: timber and local stone for the facades, lauze stone roofs, controlled height. This consistent Savoyard architecture still sets Méribel apart from many resorts built later. Today, the municipality brings together the traditional village of Les Allues, Méribel-Village, Méribel-Centre and Méribel-Mottaret, at the heart of the 3 Vallées area, one of the largest linked ski areas in the world.
Les Allues has 1 736 inhabitants, a modest permanent population compared with the valley's capacity to welcome visitors. The housing stock is dominated by second homes and seasonal letting: apartments and studios in the resort weigh heavily in sales, alongside traditional housing of timber and stone chalets. Buyers are largely a French and international clientele looking for a ski base or a rental investment in the 3 Vallées. A minority of buyers targets the village of Les Allues and its lower-altitude hamlets, for a more authentic setting and prices less tight than those of Méribel-Centre. The market's marked seasonality, driven by winter and then by summer, shapes all local economic life.
The municipal average comes out at 12 384 €/m², a level among the highest in the Tarentaise. This figure brings together very different realities: an older studio in the village of Les Allues, a ski-in ski-out apartment in Mottaret or an upmarket property in Méribel-Centre are not at the same price. Altitude, access to the slopes, aspect, condition and the energy performance of the property explain most of the gaps. For a reliable value, it is better to rely on comparable sales than on the average alone.
The valley reads as a series of altitude levels. The village of Les Allues, at 1 100 metres, offers the most traditional and most affordable housing. Méribel-Village and Méribel-Centre, at around 1 400 metres, concentrate the resort developments and the shops. Méribel-Mottaret, at 1 700 metres, is the highest area, prized for its direct access to the slopes. Each level has its market, with prices generally rising with altitude and proximity to the lifts.
The municipality is reached by road from Moûtiers, down in the valley, some thirty minutes of climbing. Moûtiers station, served by high-speed trains and direct services in season, is the main rail entry point, complemented by shuttles to the resort. The airports of Chambéry, Lyon and Geneva are the most used by international visitors. Access remains subject to winter conditions, with mandatory equipment in snowy weather.
Both markets coexist in the municipality. The apartment in a development, from the studio to the large family home, dominates transactions and suits seasonal letting. The chalet, in the Savoyard style of timber and stone that gives Méribel its identity, appeals to buyers looking for space and rarity, at a price level close to that of upmarket flats. The choice depends above all on your plans: leisure home, rental yield or family wealth.
As in other resorts, seasonal letting is a pillar of the local economy, but it remains subject to rules. Letting a furnished tourist property requires a declaration at the town hall, and the taxation of rental income and of second homes is worth anticipating. These points should be checked with the municipality and according to your situation before any purchase intended for letting.
This analysis is published by Immover, an independent observatory founded by Antony Barbier. Data sourced from official sources (DVF, INSEE, Notaries of France).