Exceptional ski apartments in Val Thorens- the highest ski resort in Europe

Due for release on Friday the 15th of February a completely renovated residence in Val Thorens will be available with prices starting at just 110,000 Euros. At an altitude of 2300m and part of the infamous Three Valleys ski domain with 600km of slopes Val Thorens is one of the most sought after ski resorts in Europe.

The ski-in-ski-out residence "Machu-Pichu" is situated within easy walking distance from the rest of the resort where you will find many restaurants, bars and other attractions but also very close to the ski lift. Add to this the amazing views these apartments get of the entire valley make this residence one of the most sought after in the resort (see map below for location of the residence). Renovated apartments in Meribel, Courchevel or Val Thorens usually sell out within a matter of days so if you are interested it is recommended that you register your interest early.

There will be 70 apartments available and they will be available for occupation in December 2008- so ready for next year’s ski season. They are sold under the leaseback scheme which means you do not have to pay the VAT, have no running costs or management charges and you receive a guaranteed rental income. There will be a high amount of personal use available too which makes it a perfect holiday home and/or investment. Guideline prices are as follows-

 

  • Studios of 19m2 from 110,000 Euros (ex VAT)
  • 1 bedroom apartments (26.4m2 to 35.6m2) from 152,000 Euros (ex VAT) 
  • 2 bedroom apartments of 48.5m2 from 280,000 Euros (ex VAT)

100% finance is available on this development and the developer pays the VAT for you so all you have to pay are your notaire fees, bank setup and mortgage arrangement fees. An example has been prepared for a studio apartment below-

Price: 110,000 Euros

Mortgage: 110,000 Euros

Notaire fees: 9,768 Euros

Bank & Mortgage arrangement fees: 1,575 Euros

TOTAL personal contribution: 11,343 Euros

Other ski properties that may interest you can be found by viewing our ski property pages on the links below-

Property for sale in the French Alps

Property for sale in the Pyrenees