Stéphane Courbit, figurehead of the Lov Group, has been sentenced by the Albertville criminal court for illegal construction of high-end chalets in Courchevel, Savoie. These offences underline the importance of complying with town planning regulations in popular ski resorts such as Courchevel.
Businessman Stéphane Courbit and two of his companies were fined a total of 4.5 million euros by the Albertville Criminal Court on Friday, for the illegal construction of high-end chalets in Courchevel 1850, Savoie.
Stéphane Courbit is CEO of the Lov Group holding company, which owns Banijay, an audiovisual production giant. He is one of France’s richest businessmen, ranked 54th by Challenges magazine, with an estimated fortune of 2.2 billion euros.
No building permit
The affair begins in 2019. Stéphane Courbit, acting on behalf of Lov Group Invest through the company Solières, obtains two building permits for a residential chalet with a total surface area of 2769 m² in Courchevel, in the sought-after Jardin Alpin district. In this exclusive part of the resort, the price per square meter is around 20,000 euros, according to estimates by local real estate agencies.
In order to transform this project into a complex of three chalets, categorized as hotel accommodation and with a total floor area of 6,198 m², SNC Solières submitted a new building permit application the same year. However, in 2020, work began without the permit being granted.
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Featured photo : © Courchevel Sotheby’s International Realty
