La Chapelle-d`Abondance, Haute-Savoie, Rhone Alps, France

Located in La Chapelle d'Abondance, a charming hamlet in the vast Portes du Soleil ski domain, this property for sale presents a fantastic investment opportunity. Currently a hotel with six apartments and open views, the property's interiors can be updated and even reconfigured to create a boutique hotel. Alternatively, the property could be transformed into a single spacious chalet.

A short drive from Geneva airport, La Chapelle d'Abondance is a quaint hamlet but has a good selection of amenities for you or hotel guests. The Panthiaz ski lift, which connects La Chapelle d'Abondance to the Portes du Soleil 650km of slopes is 400m away from the hotel and a selection of restaurants and shops, including a fromagerie where you can buy local produce, can be found 12 minutes' walk or three minutes' drive away. Further amenities can be found in neighbouring Châtel which is just 5 minutes' drive away. During the summer this area is great for hiking and plenty of trails start nearby.

The Property

Set on a buildable, south-facing plot of 2,000 sqm, the property is currently being used as a hotel with an interior area of 600 sqm (750 sqm including non-habitable space). In its current arrangement, the hotel comprises six apartments: one three-bedroom apartment, one one-bedroom apartment with a bunk bedroom, two two-bedroom apartments and a four-bedroom apartment of 200 sqm which is currently used by the owners. The property also has a large underground garage, several cellars, ski lockers and outdoor parking for 10 or more cars. There is also a large garden with great views. The property was fitted with a brand-new roof in 2013 and the underfloor heating is powered by geothermal and solar energy.

Investment Potential

While the interior of the property needs some renovation and modernisation, this hotel presents a fantastic investment opportunity and is keenly priced at 3,000? per sqm. Set in a dual-season resort close to the ski lift and around 90 minutes' drive to Geneva airport, this property presents an interesting investment opportunity for hoteliers. While the property currently has six apartments, it is possible to divide the apartments up into smaller units if preferred as each unit has its own plumbing and electrical installation.

Athena Advisers - Added value and 360° purchase support since 2003

In addition to organising property viewings from our offices in the French Alps and Cannes, our in-house teams also support clients through every step of the purchase process: recuperating the 20% VAT rebate, finding the best French mortgage at a low rate, and introducing you to the best rental management company. We also decode the paperwork and contracts and become the bridge between all the different legal and official parties involved in the purchase, guiding our clients through every step of the process.