A new-build project called Stella has just arrived on the market in the charming village of Les Gets.
These apartments for sale are perfectly located in the centre of Les Gets, a family-friendly and world-famous village in the French Alps. In the main street called Rue du Centre, the famous Stella hotel will be demolished and transformed into a private residence composed of three buildings and formed around a communal garden. The traditional and yet modern facade will be perfectly integrated into the village’s architecture.
With plenty of services and on-site facilities (as below), the apartments will range from one to five bedrooms (35-156 sqm), all with open views of either the mountain or the surrounding resort. Designed in a Savoyard style (wood and stone), each apartment will include large windows and a balcony to enjoy the views and the natural light. All apartments will also come with a fully-equipped kitchen, one or two underground parking spaces and a private ski locker.
What about services?
Each apartment comes complete with numerous services and on-site facilities. For instance, on the ground floor, all residents will benefit from a communal wellness area, complete with a sauna and a sports room opening on to a stunning terrace. A concierge will also be on-call for all owners, as well as a service to organise airport transfers, house cleaning, ski pass reservation, babysitting and restaurant bookings. Owners will also have the option of using our rental management services.
An additional interior design service is available on demand to help you enhance your living space, furnishing it and accessorising it to make your new property unique to your needs.
What’s the investment potential?
With direct access to the Portes du Soleil, one of the world’s largest ski domains composed of twelve French and Swiss resorts, there is strong demand for this kind of apartments in Les Gets. These properties are priced under €10,000 per sqm, less than half the price of equivalent properties in similar resorts, whilst still close to amenities and the ski lifts.
With such a high rate of occupancy in Les Gets, strong rental returns are expected for these properties, especially for those in the centre. In the event of a buy-to-rent purchase, investors can recover a 20% VAT rebate on the purchase price, so long as the properties are rented out and certain services provided.
Why Les Gets?
Les Gets is a traditional resort that is part of Les Portes du Soleil domain. It is one of the most popular resorts of the ski domain composed of twelve interconnected resorts. Les Gets is particularly sunny with a good amount of snow during the winter and offers stunning views over the Mont Blanc. Tourism is constantly on the rise so these apartments are a solid investment, both for rental opportunities and for families seeking ski holidays in the French Alps.