CHAMROUSSE 1750 - the re-emergence of an Olympic Village
Released on = March 15, 2007, 12:24 am
Press Release Author = Andrew Scriven
Industry = Real Estate
Press Release Summary = Three factors are transforming Chamrousse 1750 - a former host to the 1968 Winter Olympics high above Grenoble - into one of the best ski investment propositions:
Press Release Body = 1. There has been a moratorium in place for many years on new building at the top of Chamrousse 1750. But with a recent surge in tourist demand for small, intimate high altitude ski resorts - and rental demand outstripping the number of available beds - the leading French Constructors are fighting and bidding against each other to secure the new ski-in-ski-out building plots. The prime plots backing onto the piste at Chamrousse 1750 have just been released this Winter.
2. Chamrousse 1750 is a snow-sure, high altitude ski resort. Its 92km of pistes are tree-lined, and the panoramas from this high part of the village are some of the most dramatic and magical you will find in the Alps. The original Chalets and apartment buildings are undergoing renovation and a complete village makeover has just started. Chamrousse will not remain a French-only secret any longer, as tourist demand rises. Modernized ski lifts and new ski runs have also just been added. In Summer - Chamrousse offers fishing, golf, walking, and many facilities for children, making the resort a year-round attraction.
3. PRICE! The first Residence de Tourisme development of quality has just been released in Chamrousse 1750. Because Chamrousse is such a favourite with locals and affluent residents of Grenoble - 80% of this project is already allocated to the French market. This means low French prices and a great investment opportunity for British ski investors. UK Overseas has secured 5 large 3 bedroom freehold apartments of 70sqm + 22sqm balcony or terrace space. With increasing rental demand, the prime located large apartments will be best positioned to maximize your return on investment. And for your own enjoyment - you could not find a better view to sit and admire after a long days skiing.
We predict a 7% net annual rental return at Chamrousse 1750.
Chamrousse offers investors a new opportunity to purchase holiday rental ski property with 3 bedrooms (sleeping 10) for just 288,000 - 295,000 euros. With rental demand soaring - Chamrousse 1750 is a quality buy-to-rent ski property investment opportunity in a high altitude ski resort on the verge of re-discovery.
For more information - please call UK Overseas on 08701 14 98 07 or visit www.ukoverseas.com or email andrew@ukoverseas.com.