Châtel – Chalets Ikaria
€2,250,000 | 5 bedroom | Q4 2020
Discover this fully-detached chalet for sale in Chatel, one of the favourite resorts in Les Portes du Soleil ski region.
Main points: Near ski resort centre | 220 sqm living surface | High-end finishes | New-build with 10-year guarantee | 5 bedrooms | Garage included | Ski-in situation and 500m from ski lifts | Outstanding views
Part of a special collection of merely two chalets, this new-build chalet combines high-end finishes with a commanding, ski-in spot. Free from any rental obligations (unlike in many resorts in Swiss, Austrian and French Alps), it is one of the last outright real estate occasions of its kind.
Why is Chalet Ikaria in Chatel an interesting real estate opportunity?
New-build real estate in Châtel is becoming rarer as the town hall has halted further construction to help the village retain its true Savoyard appeal. This makes this outright chalet for sale in Chatel one of the last possibilities to purchase real estate without any rental obligation.
Chatel has become so popular over the last seven years (ever since we launched the Fermes de Chatel) that real estate in Chatel has now reached some of the prices seen in a consolidated market like Les Gets. Chatel used to be the poor cousin in the Portes du Soleil area (compared to Les Gets and Morzine) many years ago. Since then, with new restaurants, shops, high-end real estate and the new Spa/aquatic centre, Chatel has really made up ground.
Chalet Ikaria enjoys a prime location in Chatel in the southern part of the village, close to the acclaimed Spa/aquatic centre Forme d’O (mentioned just before) and the Vonnes lake. The ski lifts up to the pistes is a gentle, 500-metre walk from the chalet. After a day on the slopes, you can easily ski back to your new Alpine home.
Property-wise, what is Chalet Ikaria like?
Established on a 700 square-metre plot, this fully-detached chalet offers the seductive combination of traditional Alpine-inspired exteriors and a contemporary interior. Created by developers with a real passion for the materials they use as well as the provenance, the chalet is made from local, high-quality materials such as natural stone, aged wood and slate.
The chalet registers 220 sqm of living surface across three storeys and houses five double bedrooms all en-suite, a fully-equipped kitchen and a great terrace which offers scenic views over the valley. There is also a garden – a curiosity this close to the village centre – and a garage.
However, the true highlight of the property is its large open-plan living room area of 71 square metres. Offering mountain views from its oversized bay windows, it also boasts astounding cathedral ceilings and a fireplace.
One of the unique features of the chalet is that you can modify the layout and decoration (while construction permits) and there is also the opportunity to add extra bedrooms or a jacuzzi to the chalet.
What’s the investment potential for Chalet Ikaria in Chatel?
With restrictions on future real estate to be built in Châtel, Chalet Ikaria is one of the last investment opportunities free from any rental obligations. When you take into account the property’s top-end finishes and generous outdoor space as well as the great location, this detached chalet is a rare find. Another important point from an investment point of view is Chatel’s proximity to Geneva airport (ideal for rental potential) as well as summer season activities. It is proved that ski resorts with also a strong summer activity are better prepared for the future of Alpine real estate.
As a new-build property, you can claim back the 20% VAT on price if you decide to rent out the chalet with concierge services. Contact us to explain the conditions and potential repercussions.