Praz-sur-Arly - Espace Diamants - French Alps
Marrying superb skiing with mountain views, discover this stunning three-bedroom ski apartment for sale in Praz-sur-Arly. Part of Espace Diamant, this alpine village has 200km of slopes and is just a five-minute drive from Megève, one of the most sought-after resorts in the French Alps.
Spanning 97 sqm, this ski-in ski-out apartment features three large bedrooms, two of which have en-suite bathrooms, and a kitchen with granite surfaces and Siemens appliances. With a bar area, an open plan living and dining area of 43 sqm and three south-west-facing balconies overlooking the mountains, there is plenty of space for socialising too.
The apartment is part of a development of 59 properties which boasts five-star facilities and services including a concierge and a superb wellness space equipped with a pool, jacuzzi, steam room, fitness studio and sauna.
Thanks to its ideal location, excellent range of services and high-end finishes, this apartment is an attractive rental investment with projected yields of up to 3.6%. If you do decide to rent it out, the apartment will be managed by one of France’s very best rental management operators. As a new build, the property is also eligible for a 20% VAT rebate.
Though only a five-minute drive from Megève, the charming village of Praz-sur-Arly is significantly more affordable whilst providing easy access to the slopes of Evasion Mont Blanc.
It is a really exciting time to invest in Praz-sur-Arly as the resort is being renovated. Plans have been approved to inject €62m into the front de neige, the ski area and the centre of the village. There will also be a new ski lift, expected to be completed by 2020, which will connect Praz-sur-Arly with Les Contamines ski area, granting easy access to a further 120km of slopes. These improvements will certainly increase the capital appreciation potential of this property in the future.