A boutique new development of 10 luxury ski apartments is for sale in Courchevel Le Praz, just near the quaint town centre with local amenities and only 400m from the ski lifts.
Located in one of the French Alps' most popular ski resorts, La Ferme des Lanches offers a fantastic investment opportunity for those looking to buy in Courchevel, but at a fraction of the price of a property at a higher altitude. Unlike other Courchevel sub-resorts, Le Praz has fully retained a charming alpine village feel with narrow streets and wooden and stone chalet-style buildings. Le Praz is directly linked to Courchevel 1850 and Col de la Loze by two ski lifts and slopes.
Designed by one of the most reputable property developers in the Alps, the new-build ski apartments for sale will keep to the traditional Savoyard style by using local materials from the Alps both for the interior and exterior design, brought together with a high-end finish. These two-bed ski apartments for sale and three-bed ski apartments for sale with en-suite bathrooms, have additional bunk bedrooms for up to four people. Ski apartments will include ski lockers and cellars, as well as parking. The balconies and terraces offer unbeatable views across the valley and the French Alps.
Ranging from 91 sqm to 150 sqm, the interior space of those apartments for sale are superbly optimised, enabling future owners to enjoy a large communal space with an open plan kitchen, dining room as well as a living room opening onto a terrace or a balcony. With additional bunk bedrooms accommodating up to 4 people, even the smallest apartments can host up to 8 people, boosting potential rental yields. There is more substance to these apartments than meets the eye. Some properties even include a hammam to relax after an exhilarating day on the slopes.
As these ski apartments for sale are part of a new build development, French notary fees are reduced to 2.5% to 3%. Interestingly, 20% VAT applicable for those types of buildings can also be recuperated if the owner wishes to rent out the apartment via a management agency and generate rental income while not taking advantage of the fabulous skiing and their apartment themselves.
The area is undergoing a considerable amount of regeneration in the coming years with a new complex being built by December 2019 covering 18,000 sqm in total. The multi-purpose building will include a car park with 500 spaces, a multi-functional room with bar and kitchen, 120 ski lockers, a children's' playground, a medical office and many other facilities. A new gondola station will also be included with a new powerful lift reaching Courchevel 1850 in just five minutes. Currently a candidate for the FIS Alpine Skiing World Championship in 2023, the resort is also preparing to create a new piste running from Courchevel 1850 down to Le Praz, making it even easier to get home from the mountain.
Situated in the Three Valleys, Le Praz has direct access to the world's largest skiing domain with over 600km of skiable piste across over 300 slopes, of varied levels. The high altitudes ensure good snow coverage throughout the winter season and there are over 2,000 snow machines to keep it topped up to guarantee great skiing throughout the winter. Further down the mountain from neighbouring Courchevel 1850, it quite literally pays to own a property down here, with these apartments averaging €12,300 per sqm, compared to up to €30,000 just a few hundred metres higher. Alpine apartments are rarely seen at this price in the Three Valleys, making La Ferme des Lanches a remarkable investment opportunity.