Courchevel is not one single market. Altitude, slope access, building quality and operating standards can create major differences between properties located only minutes apart.
Understand each village
Courchevel 1850 attracts the most international demand and the highest values. Moriond, Village and Le Praz serve different guest profiles, budgets and lengths of stay. The exact resort level must therefore be built into the rental model.
Revenue is not yield
Gross yield divides annual rent by the purchase price, but ignores service charges, energy, housekeeping, maintenance, financing, tax and owner stays. Compare acquisitions using net operating income and the full acquisition cost.
Features that support demand
Easy slope access, parking, ski storage, views, orientation, genuine bedrooms, bathroom quality and residence services directly influence achievable nightly rates. A large but poorly configured apartment may underperform a smaller, better-positioned property.
Checks before completion
Review co-ownership minutes, approved works, letting rules, energy performance, equipment, winter access and local restrictions. Ask for low, central and high rental scenarios rather than a single headline forecast.
Choose the operating model
Commission management and guaranteed rent solve different problems. Commission retains more exposure to performance; a guaranteed lease favours visibility subject to its terms. Compare owner-use periods, responsibilities and charges line by line.
In Courchevel, ALPÉON assesses each property — location, capacity, service level and operating potential — before offering a guaranteed annual rent. Once the lease is signed, the owner receives the contractual amount without sharing rental revenue or bearing changes in demand.