House Buying Blog

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European Ski Property Investment

February 14th, 2007

As the ski season is in full swing we thought we would bring you a round up of some of the offerings from around Europe. Alpine properties are certainly not the cheapest type of property on the market, but they can prove to be an excellent investment as many can be let to ski enthusiasts all year round.

In fact, with milder winters seemingly an unfortunate inevitability, the more enterprising developers are factoring a potential lack of snow during some parts of the year into their development plans. It is certainly not uncommon to see ski developments now encompassing spa complexes, swimming, gymnasiums, hiking trails and even golf and tennis facilities. When one combines these facilities with the attraction of the ski slopes it is not difficult to see why such properties are valued highly and are in great demand.

When considering investment property it is certainly worth considering the other facilities apart from the skiing, as these could be the deciding factor with would-be short term or long term renters.

One such new development is in the Champagny en Vanoise region of the French Alps. The property developer MGM is building 75 two bedroomed apartments in a wooded part of the Paradiski skiing area which boasts a ski slope of 420km. The Alpages de Champagny development cannot simply be considered for skiing only as it will contain an indoor pool, Jacuzzi’s and fitness rooms.

Alpages de Champagny Development

The development is in the heart of the Vanoise National Park so hiking is also an excellent option. Additionally, the developer is offering a leaseback scheme and guaranteed property rental. Prices will start at €191,000. See MGM Constructeur  for more details.

 

 
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