Praz-sur-Arly - Espace Diamants - French Alps
Located on Praz-sur-Arly’s front de neige, this four-bed chalet offers the ultimate mix of ski-in ski-out access, mountain views and exterior space. Part of Espace Diamant, this alpine village of Praz-sur-Arly has 200km of ski slopes and is just a five-minute drive from Megève, one of the most sought-after resorts in the French Alps.
This chalet for sale spans 205 sqm across two floors and boasts four bedrooms with en-suite bathrooms, an office, an open-plan living and dining space, a fully-equipped kitchen and a bar area. The chalet conveniently features a ski room, a garage and a utility room. With a garden of 188 sqm and south-west facing terraces and balconies overlooking the mountains, this chalet has plenty of exterior space too.
Residents also have access to the development’s excellent range of services. This includes a concierge service and a wellness centre equipped with a pool, sauna, steam room, jacuzzi and a fitness studio.
Thanks to its ski-in ski-out location, excellent range of services and high-end finishes, this chalet is an attractive rental investment with yields up to 3.7%. If the new owners do decide to rent it out, the chalet will be managed by one of France’s very best rental management operators. Due to its new-build status, the chalet is also eligible for a 20% VAT rebate providing that certain conditions are met.
Though only a five-minute drive from Megève, the charming village of Praz-sur-Arly is significantly more affordable whilst still providing easy access to the slopes of Evasion Mont Blanc ski domain.
It is a really exciting time to invest in Praz-sur-Arly as the resort is set to be completely renovated within the next five years. 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.