Praz de Lys, France
Created by a renowned local developer, this brand-new residence will be situated in the very centre of Praz de Lys- Sommand. Tucked away on a snowy plateau, Praz de Lys is a hidden gem of a resort with excellent downhill and Nordic skiing throughout the winter season plus a wealth of leisure activities during the summer including the 16 km Col de la Ramaz biking trail which is regularly used during the Tour de France.
Beautifully designed in traditional Alpine style, the stone and wood residence will be set in the very centre of Praz de Lys just 20m from the slopes with ski-in ski-out access, plus several restaurants, a bakery and ski rental shop right across the street. Delivered in time for the 2024 winter season, the residence will comprise thirteen apartments, each of which will have a private balcony or terrace overlooking Roc d'Enfer or the Pointe de Marcelly.
Set in the Massif du Chablais above Tanninges, Praz de Lys Sommand is one of the most easily accessible resorts in Haute Savoie at just over an hour's drive from Geneva International Airport. Boasting 55 km of wide open ski slopes between 1250 m and 2000 m altitude, the quiet family-friendly resort is an easy 20 minute drive away from Les Gets and the vast Portes du Soleil ski domain.
THE PROPERTY
Set in the heart of the resort just steps away from the Chevaly ski lift, this traditional Alpine residence will be built from local wood and stone with sloping roofs and large wood/glass balconies on the upper floors. The ground floor of the residence will also be home to several new village commerces.
A duplex apartment, this brand-new property will be finished to a very high standard with a large fully-equipped kitchen and open-plan living/dining area opening onto a large balcony, plus a double bedroom with a private ensuite bathroom.
Stairs lead up to the upper floor where you'll find a two double bedrooms and two bunk rooms, ideal for the younger members of the family or for use when renting out the property on a short-term basis.
Each apartment is sold with a storage cellar and parking spaces within the residence will also be available as an option
INVESTMENT POTENTIAL
Located in the very centre of the resort and priced at just 6000?/sqm, these apartments in Praz de Lys Sommand represent excellent value for money especially when compared to property prices in nearby Les Gets which typically range from ?8,000 to ?17,000 per sqm.
As these properties are newly-built, they benefit from lower notary fees of 2 to 2.5% and additionally if you decide to rent out your property on a short-term basis, subject to certain conditions, you will also have the option to reclaim the 20% VAT from the purchase price.
Athena Advisers - Added value and 360° purchase support since 2003
In addition to organising property viewings from our offices in Paris, the French Alps and Cannes, our in-house teams also support clients through every step of the purchase process: recuperating the 20% VAT rebate, finding the best French mortgage at a low rate, and introducing you to the best rental management company. We also decode the paperwork and contracts and become the bridge between all the different legal and official parties involved in the purchase, guiding our clients through every step of the process.
*This page contains images of previous works from the developer to give you an idea of the five star finishes you can expect from this new project
Seller reference: a0E8d00000WthdPEAR
Praz de Lys, France
Praz de Lys, France
