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Added 18/11/08
Traditional Savoyard style on offer in chic ski resort


Fly to Let investors looking to buy in a ski area have a choice of 13 exclusive freehold apartments within three traditional Savoyard style chalet buildings in Courchevel 1650.

Les Chalets de la Saulire will each house 3, 4 or 5 apartments which will all be finished with pine and stone walls and ‘lauze’ tiled roofs. Oak parquet flooring, heated ski storage, grand fire places and garages are all included.

The buildings will have large windows looking out over the Vanoise Mountains.
Courchevel 1850’s smaller sister, the village of Courchevel 1650, is still a lively and self sufficient resort. It offers great après-ski with a good selection of lively bars, restaurants and a cinema. The village has maintained its traditional Savoyard style.

Geneva is 149km away, Chambery 110km and Lyon Saint-Exupery 187km. For rail access, Moutiers is 24km with transfer by bus or taxi. Courchevel also has its own altiport for helicopter transfers.

Prices for the apartments at Les Chalets de la Saulire range between €695,000 and €1,545,000. The apartments, which are unfurnished, range in size from 57.87m2 and 108.54m2.

Joanna Yellowlees-Bound CEO of Erna Low, the company marketing the properties in the UK, said: “Courchevel still maintains its position as probably the most exclusive and sought after ski resort in the world. The resort has shown absolute resilience to any economic downturn and is still commanding near to Euro 12,000 per msq.

“Courchevel is unique and on the rare occasions that property comes up for sale, they are usually sold before hitting the open market. The Chalets de la Saulire offers a rare chance to own in this ever popular resort which is defying the odds and shows no sign of slowdown or negative growth.”

The recently announced increase in flights to Faro is going to have a positive affect on tourism in Portugal and will mean increased usage of rental properties claims Liam Bailey, chief market analyst at Property Abroad.

Figures show that an increasing amount of people are turning their backs on package holidays and are currently arranging their own holiday accommodation, taking advantage of budget flights.

Bailey also believes this will put an almost instant increase on the value of Algarve properties in popular tourism areas. As well as increases in rental yields and the boost to the local economy, property prices are set to see an above average rise of 10-15 percent per year over the next 5-10 years.

Property Abroad has almost 3,000 properties in the Algarve from £44,000. Les Calvert Property Abroad's director has chosen his property picks for Buy to Let investors.

He said: “For those making an investment or buying a holiday property on a tight budget, we currently have an absolutely gorgeous 1 bedroom apartment priced at £44,722. The 70sqm apartment has a balcony, comes with a fully equipped kitchen and is in a new building with an elevator. We also have another bargain apartment in Faro, and to roughly the same specs just a little bit more expensive at £44,891, because it has excellent ocean views.

“For those with a little bit more to spend on their ultimate luxury property we have an absolutely mind-blowing 3 bedroom villa in Faro's Tavira. The size of the balcony is almost as breathtaking as the ocean views stretching as far as the horizon, from where seems like almost directly below it.

“Such an incredible villa will set you back, £220,220, but given that similar properties are going for over £1million in more established parts of the Algarve, this property has real money making potential as the new flights give Faro's tourism a new lease of life.”


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