With skiing holidays more popular than ever, investing in a property in the French Alps is a smart move. We look at an upcoming treat at Chamonix.
Dedicated skiiers and smart investors alike will be very interested in a newly launched collection of apartments in the gorgeous setting of the French Alps. Maison Neuve is an exclusive development of 12 apartments in Les Houches overlooking the Chamonix Valley, one of the most popular Alpine destinations.
The luxury two- and four-bedroom chalet-style apartments are spread over three buildings and boast a traditional alpine finish. The chalets will have underground garages, saunas, spacious living areas and will enjoy spectacular views over the Mont Blanc mountain range.
Les Houches boasts 55km of pistes and is ideal for beginners. From there you can ski the entire Chamonix valley, which encompasses 700km of pistes and offers slopes to suit all ages and abilities. In addition, the ChamSki pass is expected to include the Les Houches area shortly and the construction of a new telecabine is planned for 2007. It is likely that Les Houches and St Gervais-les-Bains will be joined by the new lift, which will be great news for owners at Maison Neuve.
Joanna Yellowlees-Bound, chief executive officer of selling agent Erna Low Savills says, ‘Chamonix is an extremely sought-after resort in which to own property and it is rare for property to be brought to the market in this area. One great advantage of Chamonix is its accessibility, being only an hour’s drive from Geneva airport. Maison Neuve will undoubtedly offer exemplary living combined with traditional architecture in one of the most exciting resorts in the Alps.’
Maison Neuve is the latest project by Midelin Investments Ltd, an Irish company which specialises in sourcing and developing high quality French ski properties that deliver both investment and lifestyle benefits. The company offers a customised service to buyers, easing the entire buying process and on-going management of the property by providing additional services such as processing legal documentation, finance advice, and introductions to local rental agents, accountants and service companies.
Stephen Byrne, Managing Director of Midelin Investments adds, "Property prices in this region of the Alps continue to grow and Les Houches not only offers excellent value for money but also good potential for rental income in both winter and summer. Maison Neuve at Les Houches combines the benefits of a ski-in ski-out resort with unparalleled build quality with an exceptionally high-quality finish. This is certainly the most prestigious development that we have ever been involved with.’
Prices will range from around €650,000 to €895,000. Construction is expected to start in September this year and the development is due for completion in December 2006. For further information contact Erna Low Savills on 020 7590 1624 or visit ernalowproperty.co.uk.