Why a New Build?
- Tessera Swallow

- 2 days ago
- 2 min read
TESSERA REAL ESTATE - VAL D'ISÈRE / TIGNES
Val d'Isère and Tignes October 2025 Market Update

Bonjour!
This year has brought a surge of interest in Val d'Isère and Tignes. Enquiries are high, buyers are visiting, asking the right questions, and exploring serious options.
It's clear there's strong appetite, but buyers are taking more time to make decisions.
WHY THE SHIFT?
Property markets move in cycles, and both resorts are no exception. Since Covid, prices rose sharply and buyers moved quickly to secure their dream homes. Now, with values at a high, we're seeing a natural period of reflection. Some are pausing, influenced by global uncertainty or simply waiting for the right opportunity.
The good news? There's no sign of prices falling. In fact, values have stabilised and continue to rise steadily, a sign of a healthy, confident market. What's more, developers have caught up with demand, so buyers now have access to the best range of new-build properties we've seen in years.
For those ready to buy, this moment presents a rare combination: strong long-term value, increased choice, and a market that rewards well informed decisions.
NEW BUILDS OFFER A REAL ADVANTAGE
20% VAT reclaim if the property is rented out
Mortgage interest and expenses can be offset reducing income tax
In practice, yields are closer to 7% than 3%
Buying off-plan will typically lock in an uplift of around 17%: about 10% at delivery plus 3.5% per year in market growth

NEW DEVELOPMENT - TIGNES 2000
Tignes arguably offers more development potential than Val d’Isère. It’s a high-altitude resort with a glacier over 3,500m and excellent infrastructure, but let’s be honest, much of the architecture could use a refresh.
This new development is changing that. It brings modern alpine design to one of the most snow sure resorts in the Alps where you still get many of the benefits of Val d’Isère, but at Tignes prices.
A strong investment opportunity, and a seriously fun place to ski!




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