Brand new development in Les Houches in Les Houches next to Chamonix called Les Mazots de Kayla. This is a very well priced selection of apartments with great views that you can ski back to from the piste with a pool and spa area. The project has sold in record time (launched since Covid) which shows the prices are so competitive.

Les Mazots de Kayla – Overview:

One to four-bedroom properties in Les Houches
Between €250,000 to €765,000 only
Swimming pool & spa area
Already under construction
Ski to your door
5%+ Rental yields possible (depending on usage)

Location
Click here for Googlemap https://goo.gl/maps/EwQYHKxMwgCFApwh6

Estimated running costs:
Taxe fonciere – payable only from the 3rd year after completion: €15/m2/year
Taxe d’habitation – €15/m2/year
Charge de copropriete (service charge) €25/30 pre m2/year

The view will be spectacular, in both directions down the valley.

Buying a new build property has various benefits:
Reduced stamp duty and notary fees of only 2% instead of 7% for an existing resale property
Ability to reclaim the 20% VAT on a new build if you rent it when you are not using it
We will work with you and the developer to tailor the interior layout/finishes/kitchens/tiling/décor etc to your liking
More energy efficient (important in the mountains!)

Rental management & Reclaiming 20% VAT from the purchase price
If you rent a new build property when you are not using it and put in place 3 para-hotelier services e.g. cleaning, laundry & key holding, using the correctly worded rental mandate, we are able to help you reclaim the 20% VAT from the purchase price. Combined with up to 80% LTV mortgages and rental returns here up to 5% (depending on personal usage), this can start to become a very interesting investment and not just a second home in the Alps.