Rental Yields in Meribel
A common and important question we regularly get asked is what return will an owner achieve on a property on Meribel? 
 
It is common practice in a standard residential property market, in a city for example, for estate agents to give approximate rental returns to potential investors. The buyers in a standard residential market are either buy-to-let landlords or people buying their home. A buy-to-let landlord would typically rent their property to tenants on an annual basis and receive rent each month. A standard rental market is usually predictable and demand doesn’t vary from month to month which makes it relatively easy to assess returns.
 
Whereas in a ski resort the property market is vastly different. The buyers in ski resorts are typically investors looking to purchase a holiday home. Prized properties on the piste often sell for above asking prices meaning property prices can vary dramatically on an individual street, you won’t get a consistent price across a neighbourhood.
 
An investor’s clientele are holiday makers who usually rent the property just for a week. The resort is only open from December to April so this limits the opportunity for landlords to rent and demand varies drastically for each week of the season thus prices also vary.  Also, demand varies each winter due snow conditions and geopolitical events such as Brexit. This all obviously makes it difficult to give an expected return.
 
Furthermore individual investors will have individual usage requirements. If an owner uses their property for the majority of the season this will affect returns which makes it difficult to give an avergae yield for the market.
 
For investors that don’t want to use their property they can rent on a seasonal basis. Tour operators used to rent properties off landlords for a fixed amount each winter. However, due to Brexit and COVID-19 this market has collapsed and owners can only expect tour operators to pay for the weeks they use. Therefore making it much more difficult for owners to find seasonal tenants.
 
The only way to get an accurate estimation of rental returns on a specific property is to speak to a rental agent who can price the individual property, look at your personal circumstances and tell you expected returns after major costs. We regularly do this for owners before they purchase. Also as we are not estate agents we are not incentivized to inflate rental figures to help sell a property.
 
If you us to price your property and assess potential returns, please fill in the form on this page.
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