Praz-sur-Arly - Espace Diamants - French Alps
This five bedroom ski chalet enjoys a privileged ski-in ski-out location on Praz-sur-Arly’s front de neige. Part of the Espace Diamant ski domain, Praz-sur-Arly has 200km of slopes catering to all abilities. In addition, Megève, one of the most sought-after resorts in the French Alps, is just a five-minute drive from the village.
Spread across three floors and spanning 268 sqm, this chalet for sale boasts five bedrooms with en-suite bathrooms, a fully-equipped kitchen, an office, a garden and south-west facing terraces and balconies overlooking the mountains. However, what makes this chalet exceptional its abundance of social areas including a television room, a huge open-plan living and dining area and a bar.
This chalet also features a dedicated ski room, a utility room and a garage. Residents also have access to complex’s excellent range of facilities. 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 4.4%. 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 rental 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.
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.