Les Sybelles is France's fourth largest ski area. Yet one of the least discovered. Les Sybelles is part of the Savoie region of France, home to Meribel, Courchevel, Val d'Isere, Sainte Foy and many more of the popular ski brands. But outside of France, little has been made of this giant newly created ski area. The new ski links have created 310km of high altitude pistes, perfect for beginners, intermediates and a paradise for off-piste skiers. It's just a matter of time before Les Sybelles attracts the prominence of its fashionable neighbours.
The other important link into Les Sybelles is the new motorway which connects Geneva, Chambery and Albertville to the Maurienne. This has dramatically reduced the transfer times to this region. Now Chambery, Grenoble, Lyon, Geneva & Turin airports are all within 1 – 2 hours quick, traffic-free drive. In addition the TGV also has opened here with Paris (and Eurostar ski trains) now just 4 hours transfer.
These factors alone - poor access and the un-linked ski area - have previously prevented international property investment. But this has all changed in the past year. We are witnessing the beginning of a massive change in investment patterns away from the Tarentaise, Portes de Soleil and the established resorts in the Three Valleys into the Maurienne Valley. In particular, our recent projects at nearby Valfrejus and Orelle were instant sell-out’s.
The investment property market is almost totally untouched by British buyers. Naturally, this means property prices are still very low in comparison with the other parts of the French Alps.
La Toussuire 1800 is the highest altitude resort in Les Sybelles, offering dramatic 360 panoramas from a large sunny plateau. The resort has long abandoned the architecture of the 1970’s and its slopes and streets are dotted with traditional alpine chalets, restaurants and shops. All new development is in a traditional Savoyarde chalet style using local wood and stone.
La Toussuire 1800 is the location of our newest off-plan project.
Click here for the Piste Map
Les Balcons des Aiguilles
Les Balcons des Aiguilles is an OFF-PLAN leaseback construction project. The development will comprise just three traditional Savoyarde chalets and a small luxury Spa Retreat located on the ski piste.
You purchase the freehold title to your apartment, and to receive a 19.6% price discount - a commerical lease is signed with the Managing Agent. They provide a guaranteed annual rental income, and a fully furnished apartment. For full terms and conditions - please complete an enquiry form.
Click here for the Availability List
Les Balcons des Aiguilles is a small luxury Spa Retreat located on the ski piste at La Toussuire 1800. The development will comprise just three traditional Savoyarde chalets with 15 private apartments for sale.
Each chalet will be constructed using local wood and stone, and finished to a luxurious 4 star quality. This sets this development apart from many others, as the quality of finish will be exceptional.
Pictures here are examples of previous work from the same developer.
The location itself within La Toussuire is perfection. A quiet, sunny position with wonderful 360 views, and an easy walking distance into the village centre. For skiers – there is an enormous ski area to explore with 310km of pistes directly accessible from your doorstep. In addition, there are two new ski-lifts currently under construction in La Toussuire.
Les Balcons des Aiguilles is the creation of Olympic Ski Slalom Gold Medal winner (Salt Lake City 2002) – Jean-Pierre Vidal, who was born and still lives in La Toussuire. The development is sponsored by the French government with a Residence de Tourisme status and the managing agent is the largest Gestionnaire in France – Lagrange Prestige.
UK Overseas can exclusively offer you a choice of luxurious two bedroom apartments from 195,000 - 320,000 euros
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Spa and Wellness Centre
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The Spa will feature: heated indoor swimming pool, jacuzzi, hamman (steam room), sauna, treatment & massage centre, relaxation area, ski hire shop
In addition there is a welcome area with traditional open fireplace, a private office with broadband internet access (and wifi access in all apartments).
There is a Concierge service and full-time Chalet Manager to look after you and all your guests requirements.
Location in Village
Financial aspects of purchasing
When purchasing an apartment at les Balcons des Aiguilles you are the freehold owner from Day One. To receive the 19.6% price discount – you sign an 11 year leaseback agreement with Lagrange Prestige to rent and manage the apartment for you.
You will receive the following financial benefits:
19.6% price discount
Guaranteed annual rental income of 3.1% of your net purchase price (for 11 years)
No running or maintenance costs for 11 years
Fully furnished apartment
4 private weeks usage per year (I Winter High Season, 1 Winter Low season) plus 2 Summer weeks
Special additional usage option for last minute weekend skiing: Call a few days before you wish to ski and your apartment (or another apartment at Les Balcons des Aiguilles if yours is unavailable) will be ready for you for just 40 euros for the whole weekend.
There is an annual local tax charge of 25 euros per square metre for your apartment (approx GBP 700 - 900 per year on average)
You can take additional weeks private usage on top of your 4 weeks (up to a total of 8 weeks per year). In addition - you can rent your own private weeks for extra rental income if you do not need/wish to use these weeks.
Our mortgage brokers can source the best available French euro loans for you if required.
To reserve an apartment – an initial deposit of 1200 euros is required.
Within a few months of your deposit you will be able to sign the official deeds where the first stage payment of 25% is required. Completion of all three chalets will be December 2008.
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LaToussuire 1800
La Toussuire has a variety of restaurants and bars, cinema, disco, shops and a wide variety of activities in summer.
It has easy road access being only 17km away from St Jean de Maurienne. Low cost airlines fly to the nearby Chambery, Lyon and Grenoble airports.
Altitude of resort : 1800 – 2620m
No. of pistes : 106 (42x blue, 37x red, 5x black and 22x green)
Ski area : 310 kms (Les Sybelles ski area, see piste map)
No. of lifts : 71
Ski season : December to April
Other amenities : ice rink, ski schools, ski hire shops
Location
Les Sybelles Ski Area in Detail
Summary
UK Overseas are working in partnership with JP Vidal on this new development. If you would like to meet us on site in La Toussuire - or for further details - please contact us by telephone on 08701 14 98 07
Investors making a reservation before 15th October 2007 will also receive a free weekends ski lesson with Olympic Gold Medal Winner JP Vidal upon completion of the project in Winter 2008.
Please contact us for details - Enquiry Form
Click here for the Availability List
Click here for more leaseback property for sale
