Châtel – Club 26
from 317,000 €
Surface m2: 41-125
Brand new development of 26 luxury apartment at the heart of Chatel close to the lifts and all amenities of the resort. These apartments enjoy superb views of the mountains and the village.
Inspired by the charming chalet-style architecture which is synonymous with Châtel, Club 26 features a traditional Savoyard facade combining stone and wood. Sold fully furnished, the interiors of the apartment have been finished in a contemporary style with the alpine details as we like them.
List of distances:
-In the centre of the village
-2-min drive from the spa
-1-min walk from the church
-300m away from the Super Chatel ski lifts, 4-min walk
-8 mins’ walk from the Aqua Centre Forme d’O
These apartments are sold with a ski locker, a concierge service and underground parking.
In addition, future owners at Club 26 in Chatel will also enjoy complimentary access to the spa facilities, just a two-minute drive from the property, the spa boasts a swimming pool, saunas, jacuzzis, steam rooms and treatment rooms – perfect for unwinding after a day on the slopes.
Two options to purchase at Club 26 in Chatel:
1-Purchase with no obligation of rental (only a few apartments)
2-Flexible rental obligation based on property price without VAT: owners have up to 6 months of usage of their property per year. When the owner is not using the apartment, it is fully managed, maintained, marketed and rented out by the management company. Owners will receive 60% of the net income generated from the rental of their property. In this case, the apartment is sold fully furnished and is managed by the agency with services: maintenance of the apartment, building insurance, inside and outside, upkeep of communal areas, reception and building staff, administration costs, replacement of furniture if tired or broken at the management company’s expenses.
Owners will need to book their apartment twice a year in advance, no restrictions on the weeks or the season (6 months use/year legally). All buyers who rent are obliged to use the on-site rental management company. Pure investors project as they come with a flexible rental agreement of up to 5% and VAT pre-financed by the developer
Facilities at Club 26 in châtel
-Terraces and balconies for each property
-Free access to the spa facilities of Les Chalets d’Angèle just a 2-min drive away (Swimming pool, saunas, steam rooms, whirlpool baths & spa treatments) – free for a year then €240/year, Spa is only accessible if the owner rents the apartment through the rental management company
-Conciergerie service and hotel services
-Properties fully furnished (mandatory)
-Underground parking (mandatory)
Investment potential of Club 26 in Châtel
Future owners can purchase the property as outright (only a few apartments) or with a flexible rental agreement to avoid paying 20% in VAT. Managed by a celebrated rental company, the rental option is ideal for investors. It generates great rental yields whilst allowing owners to enjoy their freehold property when they wish.
Average price per square metre: Average for this property is €7,600/sqm From €7,000 to €8,600. Generally, prices for new-build in Châtel range from €6,000 to €10,000/sqm
Why Châtel is good for property investment?
Located in the heart of Les Portes du Soleil, nestled between Lake Geneva and Mont Blanc, Châtel enjoys decent snowfall as well as access to 650km of pistes. An authentic French mountain village, Châtel oozes picturesque charm with its ancestral Savoyard buildings and incredible local culture.
Châtel has gained traction thanks to investment in its ski facilities and infrastructure: new ski lifts, the creation of the Super Châtel lift, Aquacentre, etc New ski lifts enabling skiers to access the French slopes without having to pass through Switzerland
Whilst the village sees most of its visitors during the ski season, this dual-season ski resort is busy throughout the year thanks to its overabundance of events. There are plenty of fun summer activities such as hiking and taking a ride on Châtel’s famous zip line: Fantasticable. Accounting for 27.2% of all overnight stays in 2018, summer months are becoming increasingly important. The number of overnight stays rising by 2.4% between 2017 and 2018.