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Rhone-Alps - Savoie

Last Updated
2007-07-27
Created Date
2007-07-27
local price (EUR)
9,500,000 Euro
UK price
£6,368,563

Area Details

Town
Savoie
Region
Rhone-Alps - France

Property Details

State of Property
Ready for occupation
Description
The Hotel du Golf offers a unique investment opportunity to purchase quality rooms and suites in one of the most prestigious hotels in the Savoie region, offering guaranteed annual rental incomes of 4.5%.

The Hotel du Golf offers a unique investment opportunity to purchase quality rooms and suites in one of the most prestigious hotels in the Savoie region. All rooms are fully furnished to an exceptionally high standard and offer guaranteed annual rental incomes of 4.5%.

The Location

Les Arcs 1800 is located in the Savoie region close to the resorts of La Plagne and Peisey-Vallandry in the Paradiski region. This area has a huge 425km of pistes for skiers and boarders of all levels, one of the largest ski areas in the world served by 175 ski lifts. It also boasts an impressive 5 snow parks, 2 glaciers and 2 summits at an altitude of more than 3000 metres! The “Vanoise Express” cable car connects all of Les Arcs with La Plagne and Peisey-Vallandry creating a very accessible area.

The resort of Les Arcs 1800 is divided into four villages: le Chavret, les Villards, le Chantel and le Charmettoger, with this development situated right at the heart of le Chavret. The resort is fully pedestrianised and the architecture of the building is true of the traditional Savoyard style with the ample use of natural wood and stone. Built on the side of a mountain in the Haute Tarentaise Valley, the resort offers stunning views of Mont Blanc to the north and a beautiful forest and the slopes to the south. Les Arcs is easy to reach from all airports at Lyon, Chambery, Grenoble and Annecy or the train will take you to Bourg St Maurice where you can catch the funicular. As well as this, the free shuttle bus around Les Arcs 1600, 1800, 1950 and 2000 is available from 7am to 7.30pm.

There are plenty of activities and local amenities in les Arcs 1800, including numerous bars and restaurants, an outdoor ice skating rink and a cinema. The resort also has a lovely family atmosphere and has been nick named “P’tit Montagnard” due to the amount of activities and places adapted to children. In the winter, there are activities such as cross country skiing, snow boarding, snowmobile, dog sledding and sledging to enjoy. And there are just as many things to do and see in this resort in the summer, with an 18-hole golf course and sports such as climbing, walking and cycling not to mention the breath taking views and lovely weather!

The Development

The Hotel du Golf is one of the largest and most prestigious establishments not only in Les Arcs, but in the Savoie region. It is in a prime location in the heart of the resort, a stones throw away from the shops, sports clubs, restaurants and bars and has the luxury of ski-in ski-out accommodation. The views are staggering and the hotel itself is equally as appealing having been constructed of natural and traditional Savoyard materials.

Similar to a grand Savoyard hotel in appearance, the residence is comprised of 8 stories and 273 rooms, of which 257 are rooms accommodating 2 to 4 people, 18 have adjoining rooms and 7 are suites. It has recently been renovated to a very high standard using top quality fittings and furnishings and has amazing facilities including

3 restaurants a piano bar with chimney gym with Jacuzzi sauna conference room indoor swimming pool hot tub

The rooms are all spacious and comfortable and there is ample storage for ski equipment in the custom built locker room on the ground floor.

The hotel is managed by Pierre et Vacances, one of France’s leading holiday management companies and it is classed as a “Residence de Tourisme” meaning that investors are entitled to a VAT rebate on their purchase and benefit from high guaranteed rental return of 4.5% (with no usage)on the net value of their initial investment. Owners discounts for personal usage of up to 20% are available. Delivery is scheduled for April 2007.

For sample site and floor plans and further images please see attachments below and for full prices and to check current availability, please contact one of our experienced ski specialists.

Plot Details

Property Type
Apartment/Condo
Bathrooms
1
Bedrooms
1
Furnished
No





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