French Ski properties still providing best opportunities for buyers according to expert report
Investors looking for a ski property this season may want to turn their attention to the French region of the Alps according to the recent Alpine Property Market report from Savills.
Over the last decade, the popularity of Alpine properties has risen significantly with ski properties accounting for 9% of holiday home purchases between 2009 and 2011.
Meanwhile, the report highlights that France is still the most visited ski location in the Alps, maintaining resilient apartment and chalet prices thanks to continued rental demand from tourism despite the effects of the economic downturn.
With strong revenue streams generated from rental demand, Alpine ski properties provide an intriguing investment opportunity for potential buyers. In fact, thanks to Alpine resorts having developed a summer tourism infrastructure, property owners can now benefit from both summer and winter returns.
Business Development Manager, Charlie Williams of Terresens, France’s leading eco-friendly property developer, comments,
“French ski property is a sound choice for any property hunter. Interestingly, the report from Savills identifies that around 62% of the market is driven by buyers seeking lifestyle and investment benefits and France is home to a number of famous ski destinations that afford both. For example, our key ready development Le Centaure in Belle Plagne offers a great package with a 4% rental income and 4 weeks personal usage; you can’t go wrong.
“Moreover, the report also suggests that there are opportunities for owners with ski property in prime locations to capitalise on high rental demand. With this in mind, we at Terresens have the most luxurious ski property right in the heart of Méribel, ranked one of the 50 most expensive locations for residential property in the world by the Knight Frank Prime Residential Index (2010), which reflects the desirability and income potential of the Meribel area.”
Further data revealed from a Ski Resort Report from The Post Office, shows that France is one of the more reasonably priced ski options. When it comes to a price breakdown on hiring ski equipment, classes at Ski School and lift passes based over five to six days for instance, France beats its popular ski rivals Switzerland, Canada and the US with a total of £436.80 compared to Switzerland’s £571.54 ski costs.
For potential buyers looking to benefit from consistent rental demand and sustainable yields from tourism, Terresens afford the very best selection of French ski properties designed to accommodate the perfect lifestyle and fill investor pockets.
Le Centaure in Belle Plagne
A beautiful character resort situated in an ideal location in the heart of the French Alps in the Paradiski, Le Centaure in Belle Plagne provides studios to 3 bedroom apartments that are spacious and bright. In addition, the development affords a range of luxurious facilities dedicated to wellness and relaxation including an indoor heated swimming pool, massage room and Turkish bath.
Nestled between forest and mountain pastures, Le Centaure in Belle Plagne offers stunning scenery, a splendid panorama and slopes for all the ski delights and, as a snow-sure key ready development Le Centaure priced at €190,748 excl. VAT offers a 4% guaranteed rental income as well as the added benefit of 4 weeks personal usage.
Les Balcons de la Chapelle, Meribel
The limited number of 2, 3 and 4 bedroom apartments and chalets of Les Balcons de la Chapelle occupy a prime location in Meribel, just a short walk from the ski lifts, shops and restaurants and commands incredible unobstructed views out over the mountains. Available fully furnished to your specification, these luxurious residences afford stunning views over the valley and la Chapelle Notre Dame costing from €560,000.
Le Hameau de Rennes, Vars
In between the Northern Alps and Provence, Vars combines the authenticity of traditional villages and the comfort provided by big ski resorts with up to 4% rental income for just €165,040 excluding VAT.
Le Hameau de Rennes has 131 furnished and decorated 1 to 3 bed duplex apartments which are divided into beautiful traditional chalets offering large spaces with fully-equipped built-in kitchens, flat-screen TV’s, customised traditional furnishings, finely-decorated interiors, and balconies to enjoy the serene views with your family and friends.
La Chapelle, Sainte Foy, Tarentaise
La Chapelle is a luxurious 4* development providing a fantastic lifestyle and investment opportunity with ski-in ski-out facilities. With only 9 remaining units out of 68 apartments, La Chapelle, located in the heart of a traditional village offers very modern facilities from €255,754 excl. VAT with furniture and parking as well as offering a guaranteed annual rental income of 4.3% plus 1 week usage.
The apartments are finely decorated using traditional Savoyard style, mixed with fully equipped kitchens and bathrooms and flat screen TVs. You will also enjoy the relaxation area with the heated indoor pool, spa and sauna.
Sainte Foy Phase II
Located in the French Alps, this south facing development is being built in line with the traditional local architecture using specific materials to create the trademark wood and stone finish and will provide ski in/ski out facilities.
With exceptional views, the fully furnished 1bed to 4bed duplex properties will afford a swimming pool and spa as well as a well-being area and will provide investors with a 3.7% rental return guarantee and VAT paid, saving you 19.6% on the purchase price.
In the Espace San Bernardo, La Rosiere is located at an altitude of 1850m, offering 140km of ski slopes. It has a lovely traditional rustic Savoyard feel with low-rise chalet style accommodation built mostlyin wood and stones. Linked to La Thuile in Italy, La Rosiere offers inter-national skiing with excellent snow conditions.
With a 4% guaranteed rental return and VAT paid, saving you 19.6% on the purchase price, the development affords fully furnished 1 bed to 4 bed properties only a short walk from the shops and amenities.
Valmorel la Belle
In the core of Grand Domaine, Valmorel la Belle is located at an altitude of 1400m and offers 150km of slopes for alpine skiing and 20km for cross-country skiing. The buildings have been designed to fit in line with the Savoyard architecture using local materials like wood and Lauzes for roofs.
With ski in/ski out facilities, the fully furnished 1 bed to 4 bed properties with provide a pool and spa facilities, a restaurant and easy access to the centre of the resort as well as providing private parking and a 4% guaranteed rental return. VAT is also paid, saving 19.6% on the purchase price.
In the heart of the Grand Massif Flaine is linked to Samoens, Morillon, Les Carroz and Sixt Fer à Cheval, and offers 265km of ski slopes as well as stunning 360 degree views over the Massifs of Mont Blanc, Aravis, Belledonne and Jura.
Compromising 2000 sqm of facilities and recreational activities as well as ski in/ski out facilities, the development will afford fully furnished 1 bed to 4 bed properties with a golf course, swimming pool and spa and a great well-being area not to mention a 4% guaranteed rental return and paid VAT.
To find out more about these wonderful French ski properties please contact the developer Terresens on + 44 (0) 203 101 110 or visit www.terresensproperties.com.