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Type: New Build Apartment Year Built: 0 Status: For sale Price for sale (euro): 499,000 SQ (m2): 0 Bedrooms: ----- Bathrooms: WCs: 0 Weekly Letting Price (euro): Contact Tel: Contact email: click here Town: Chamonix, Haute Savoie Region: Rhone-Alpes Post Code: Features: Water connected Electricity connected Telephone Sauna Cable TV Parking An exceptionally rare and exciting opportunity to purchase a select number of classic apartments by one of France's leading developers, at the heart of the world renowned ski town of Chamonix. Chamonix is one of the most famous ski resorts in France facing some of the most beautiful mountains in the world. It is a traditional mountain town and has long since been established as a tourist friendly area. With scores of restaurants, shops, bars and excellent facilities including a cinema, ice rink and casino, Chamonix could not be more suitable for visitors. There is also an extensive choice of activities in both the summer and winter including golf, paintball, paragliding, walking, dog sledding and white water rafting. The Ski Area The Chamonix Valley is made up of 11 areas in total and offers some of the most varied terrain and exceptional skiing in France. Cutting through Europes highest mountains and glaciers, the views are breath taking and the valley offers something for all levels of skiers and boarders, including off piste for the real experts. Situated in the heart of the French Alpes, close to where the French, Swiss and Italian borders meet, it is easily accessible by road, rail and air (about an hour from Geneva airport) and is an ideal location for a last minute weekend of skiing. The area is a mix of traditional and new buildings and Chamonix itself is a long-established tourist town, dominated by the 3842m Aiguille du Midi reached by the cable car from the southern side of the town. For the experienced skier, this offers 22km descent all the way back into Chamonix. On the other side of the valley is the towns main skiing which caters for novice and intermediate skiers. At the head of the valley, le Tour offers some good novice terrain as well as rewarding runs on the Col de Balme and a long descent to Vallorcine. Nearby, The Grands Montets and Le Tour both offer terrain parks for snowboarders. For the expert skiers who like the powdery runs and off pistes, the Pas de Chevre is a Chamonix classic. It offers a run from the top of Bochard via one of several extreme couloirs down to the Mer de Glace. The Development This is a select new build 4-storey residence of just 23 spacious freehold apartments, ranging from 2 bedroom to 5 bedroom apartments, which are scheduled for delivery in the winter of 2008. There is no leaseback arrangement with these apartments allowing complete flexibility of usage and opening the development up to excellent rental opportunities either privately or via local letting agents. The location of the building is truly second to none; situated at the heart of Chamonix just three minutes from the Brevent pistes and close to all local amenities and ski lifts to two of the dozen ski areas. The architectural style will be in keeping with local culture and traditions with granite corner stones, copper roofs,wooden doors and windows as well as balconies with wrought iron railings. All apartments will benefit from a 10 year construction warranty and include fully fitted kitchens with all appliances (including dishwashers!), fully equipped bathrooms and a range of quality floorings and light fittings throughout. As an investment we expect these apartments to perform extremely well with excellent rental returns easily obtainable all year round and fully hands free rental packages available from numerous local agencies, still allowing flexible personal usage. Resale potential should be excellent when you exit the investment - demand for property in the area is huge as it provides easy access from Geneva and fantastic skiing and summer activities. Furthermore as there are very tight building regulations on new development in the area, there is a restriction on supply of new properties so the basic economics should make for strong capital growth, especially considering the views, location and low density of the development. Send to a Friend:  Send to a Friend-Click Here