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Les Fermes de Châtel, Châtel, Portes du Soleil, France
Les Fermes de Châtel
Les Fermes de Châtel is a development of luxury
apartments positioned directly alongside the ski lift in
the heart of the popular dual season resort of Châtel.
These high quality apartments will have one to three
bedrooms and predominantly face south or west and all
have balconies to make the most of the sunshine. These
rustic traditional style residences have spectacular views
over the rooftops to the mountains beyond. All of these
apartments include one private parking space and a
storage area where you can keep your skis.
Key Facts
• Luxurious one to three bedroom apartments with
great views over the village
• Wide range of high end hotel services on offer
• Large swimming pool and high quality spa facilities
• Full rental and management service
• Part of the Portes du Soleil region with 650km of
piste to explore
• Just 90 minutes from Geneva airport
Portes du Soleil has 650km of piste and unlimited off piste
Resort Information
Two New Lifts
The Portes du Soleil region, which straddles the FrenchSwiss border, is made up of twelve major winter sport
resorts. On the French side you have: Avoriaz, Morzine,
Les Gets, Châtel, Morgins, Saint-Jean-d’Aulps, Montriond
On the Swiss side are Champéry, Les Crosets, Val d’Illiez
and Champoussin.
Châtel has a worthwhile amount of skiing in the Linga
and Super-Châtel areas. Now with two new fast chair lifts
connecting these areas (The first of which you can see
below), this has become more of a convenient place to
stay. Previously a bus was needed to make this journey,
but thanks to the new lift the skis can stay on whilst
travelling. This connection is made even more exciting
by the new piste due to open soon in the Super-Châtel
area.
Châtel
This is the smallest and most rustic of the major resorts
in the French part of Port du Soleil. Still with some 30
working farms, the area has maintained much of the
traditional charm and some of the chalets date back to
the sixteenth century. Situated in a valley very close to
Lake Geneva, Châtel has an efficient bus service to the
nearby villages making it easy to leave the car at home.
Châtel is the perfect resort for those who want a more
relaxed Alpine retreat.
Getting there
The closest resorts to Geneva are Morzine and Les Gets
which are just one hour by car. Avoriaz and Châtel are
one hour and 30 minutes from Geneva. There are plenty
of flights from within Europe by airlines such as www.
easyjet.com and plenty of long-haul flights too.
Les Fermes de Châtel will offer fantastic views over the rooftops
Property
Les Fermes de Châtel is an exclusive development of
luxury apartments located in a fantastic ski-in, ski-out
position in the heart of the village and directly next to the
Super-Châtel cable car. These beautiful rustic buildings
are being constructed in a traditional style with high
quality natural materials for a true Alpine feel.
Les Fermes de Châtel will feature 89 apartments spread
across three chalet buildings. These lovely apartments
will have one to three bedrooms and breathtaking views
over the village rooftops. The warm, cosy apartments
will all be fully furnished and equipped so your property
is ready for you as soon as you pick up your keys.
The apartments vary in size from 30m2 to 71m2 and a
number of duplex apartments are available. Most of the
apartments face south or west to make the most of the
sunshine and the mountain views.
As an owner you can enjoy many top hotel services
including a reception area, your own dedicated concierge
desk, personal assistance with luggage, a cleaning
and linen service, babysitting and a children’s club so
everything is taken care of for you. There will also be a
cosy hotel style bar and lounge with a roaring fire and
WiFi access plus a cellar and ski lockers for owners.
Upon arrival owners will be offered a welcome cocktail
and a gift. During your visit bed sheets and towels will
be changed for you, cleaning will be taken care of and
toiletries and slippers provided so you can focus on
enjoying your stay.
Additionally, Les Fermes de Châtel will have its own
extensive wellness facilities with a large indoor swimming
pool, Jacuzzi, steam room, solarium, Hammam and a
gym. For the ultimate relaxation, there are also a number
of massage rooms where you can unwind with a soothing
massage. Les Fermes de Châtel also has an underground
car park and each apartment has its own parking space
and storage area.
These apartments are extremely good value and will
make a sound investment with projected rental returns of
up to 5% depending upon personal usage. Construction
is scheduled for completion in December 2015.
Unwind in the luxurious wellness facilities
Location
Les Fermes de Châtel is situated in a prime position, right
in the centre of Châtel and next to the Super-Châtel ski
lift. These ski-in, ski-out apartments have fantastic views
over the village and are very close to all of the village’s
amenities.
range of pistes with over 650km of slopes to explore.
Châtel is only an hour from Geneva and has real dual
season appeal with warm summers and snowy winters
with great skiing on the doorstep.
This popular resort has received significant investment
This charming, traditional Alpine village is linked into the
Portes du Soleil ski region, which is home to a huge
making it a wise place to invest and a new ski lift linking
Super-Châtel and Linga is also planned.
Guaranteed rental income
Rental Investment
The Benefits of a Rental Investment
Purchasing an apartment as a leaseback property is an
original and profitable way to purchase for personal use
as well as investment. As the freehold owner of your
property, you can use it for a number of weeks per year
and during the inter-season.
The rest of the time, it is entrusted to the management
operator, who lets it out and pays you your rent. This gives
rise to an optimised means of financing the purchase. It
also means the choice of manager you work with is very
important. They must be reliable and responsible.
Your advantages as an owner:
• You are the freehold owner of an upmarket property
• You are paid a guaranteed rental. The management
company agrees to pay you a financial advance or
rent throughout the term of your lease.
• Rental guarantees of up to 5% for 11 year lease
• You pay a net price for your property because you
save TVA (VAT - 19.6%)
• Invest from €33k personal contribution +€133/month
• You do not have to worry about management or
maintenance. This property is managed by Odalys,
France’s second largest management company which
will take care of everything for you.
• You only pay the taxe foncière (one of two annual
property taxes) and a share of co-ownership charges.
• You do not pay for water, electricity, heating,
insurance or taxe d’habitation (the other annual
property tax).
• Owner discounts are available on additional usage
and on holidays in other Odalys properties
Les Fermes de Châtel buyers also have the choice of
ownership formula depending on how much they intend
to use their property:
• No usage: Rental yields of 3.88% - 4.86% are
available depending on the unit (calculated on the
total price excl. VAT including furniture and parking).
• Blue Formula: 2 weeks usage: -1 in high season
-1 on mid-season. Rental yields of 3.33% - 4.18%
depending on the unit.
• Red Formula: 2 week usage. 1 in very high season.
1 high season. Rental yields of 2.99% - 3.74%
depending on the unit.
• Mortgages of up to 85% loan to value are available.
These rustic apartments are sold fully furnished
Prices: Les Fermes de Châtel - 23 February 2015
Building Number
Floor
Orientation
Beds
Net Habitable Area
Balcony
Net Price
A
04
Ground
SW
1
35.4m2
9.9m2
190,000 euros
A
05
Ground
W
1
35.7m2
12.5m2
191,000 euros
A
13
First
W
1
34.6m2
8.9m2
188,000 euros
A
15
First
SW
1
35.4m2
6.7m2
198,000 euros
A
16
First
W
1
35.7m2
8.0m2
SOLD
A
25
Second
SW
1
35.4m2
6.7m2
SOLD
C
34
Third
E
1
32.5m2
8.9m2
SOLD
C
45
Fourth
E
1
32.5m2
8.9m2
179,000 euros
Prices are net of VAT/TVA tax as purchasers are exempt from VAT. Prices also include an underground parking space
and a ski locker. For floor plans and prices plus further details of the rental guarantee and rental arrangements please
contact us.
A04 - 35.4m2
Price: 190,000 euros
A05 - 35.7m2
Price: 191,000 euros
A13 - 34.6m2
Price: 188,000 euros
A15 - 35.4m2
Price: 198,000 euros
C45 - 32.5m2
Price: 179,000 euros
Winter
Whether on skis or a board there really is something for
everyone, whether it be the cruisey reds and blues of
Morzine or the snow parks of snow-sure Avoriaz. The
Portes du Soleil ski area is enormous with 650km of piste
and plenty of off-piste too all at an altitude of up to
2275m. The lift system of 209 lifts allows skiers to cross
borders freely, connecting to various resorts all over the
region so visitors can really enjoy this winter adventure
park.
Châtel
This resort gives immediate access to 90km of pistes
for all levels as well as linking to the entire Portes du
Soleil. There are plans to improve the link with nearby
Avoriaz, upgrading lifts to a fast six-pack. Directly above
the village is Super-Chatel, an area of open and relatively
easy slopes which is the starting point for the clockwise
route around the Portes du Soleil. There is night skiing
on the Linga run on Thursdays.
Avoriaz
Avoriaz is a si-in, ski-out resort with pistes fanning out
in all directions giving an impressive range of skiing
possibilities. There are 70 km of slopes in the immediate
surrounding area, beyond that there is then the massive
expanse of the Portes du Soleil region. The lifts here have
been recently renovated giving fast and efficient access
to the slopes. For snowboarders Avoriaz is perfect, the
resort was one of the pioneers for the sport in France
and has the first terrain park to be built in the country.
Morzine
The resort is just off of the main Portes du Soleil route
but you can still join the Portes du Soleil circuit fairly
easily by travelling up to Avoriaz and joining the circuit
from there. The local slopes in Morzine are both good
and varied enough that you’ll have no need to leave.
Les Gets
The slopes above Les gets are shared with Morzine and
together they have access to the largest area of local
slopes with a total of 110km. There are also off piste
opportunities and terrain parks nearby.
Brilliant mountain biking, hiking and even horse-riding!
Summer
In summer the ski slopes are perfect for trekking and
mountain biking. The Portes du Soleil has become
renowned as the prime place for mountain bikers. There
is 650km of sign-posted tracks, 10 permanent downhill
runs, 4 bike parks and 24 ski-lifts equipped for taking
mountain bikes.
Aside from mountain biking one can also use the same
routes for hiking and there are special climbing areas
too. For a more relaxing activity you can go to one of the
five swimming pools or even to one of the nearby lakes
which is a real treat. On the water there are opportunities
for white water rafting, and you can go canyoning to
get a taste of all the activities. With Lake Geneva and
the resort of Evian is just over half an hour away, and
other resorts close by, it’s very easy to have a change of
scenery and there is plenty to do.
The Portes du Soleil is a good dual season choice
Legal Requirements
Renting
There are no restrictions in France so whatever your
nationality you may buy or sell any property freely. You
may buy in your own name or in the name of a company
which may be more tax efficient. Some new developments
require you to rent your property when you are not using
it but you save the 20% VAT.
The French tax office also gives buyers of new properties
a tax incentive to rent it. Some developments oblige you
to rent your apartment when you are not using it but you
do not pay the 20% VAT on the purchase price.
Finance
French banks will lend up to 80% of the purchase price.
We can recommend a specialist mortgage broker which
deals with all the major French banks. They have fixed
and variable rates which are currently very low at under
3%.
Purchase costs
There is a tax incentive to buy a new property so the total
legal fees and taxes are only 2.5%. If you are buying a
property over 5 years old additional taxes must be paid
to the “department” and the “commune” and these will
bring the total costs up to 7.5%.
These “sale and leaseback” schemes offer either a
guaranteed fixed income or a share of the pooled income
from the whole development. Some limit your use to 6
weeks per year; others have unlimited personal use. If
you buy a “classic freehold” property you may keep it for
your exclusive use as a second home.
If the apartment or chalet is new and you choose to rent
it on a commercial basis you can still reclaim the VAT
and get a 20% discount. Usually the prices shown in
our brochures for sale and leaseback properties are the
net price but for classic freehold properties we show the
gross price (as you can choose to rent and reclaim the
VAT or not). Please check with us as we have a suitable
arrangement for every buyer.
Contact us for advice or to arrange a visit
Viewing
Company Profile
We have an intimate knowledge of all our resorts and we
can recommend excellent hotels and local restaurants
to ensure you have an informative and pleasurable trip.
Simply let us know which dates you have in mind and
we will arrange for one of our representatives to meet
you and show you around. All you need to do is to book
your flight and rent a hire car and we can help organise
everything else for you.
Investors in Property specialise in the sale of ski chalets
and apartments in Switzerland, Austria, France & Italy.
We have over 20 years experience and an unrivalled
knowledge of well established and up and coming ski
resorts. We will provide expert advice and professional
guidance through every step of your purchase. If you
have any questions or need general advice please do not
hesitate to contact us.
There are many cheap flights to Geneva and the transfer
is so easy it is possible to make a day trip but if you
would like to stay overnight, we can recommend good
hotels in the area. Ask for our visits list.
Contact
Simon Malster – Investors in Property
Tel: +44 (0)20 8905 5511
[email protected]
Disclaimer: Whilst we make every attempt to ensure the accuracy and reliability of the information contained in all brochures and the company website, we are reliant upon
information provided by third parties and therefore, the company, its employees and agents will not be responsible for any loss, however arising, from the use of, or reliance
upon this information. The sales deed prepared by the local Notary will contain all the terms of the sale and no warranty or representation made by another person which
is not specifically included in that deed of sale is legally enforceable. These particulars and the company website do not form part of any offer or contract and must not be
relied upon as statements or representations of fact. © Investors in Property 2015