La Toussuire, Savoie, Rhone Alps, France

Discover this new project in the heart of La Toussuire, the renovation of a former hotel into a brand- new residence.with 1-4 bedroom units plus chic penthouse apartments.
A smart investment opportunity, these ski-in apartments offer extremely good value for money, amazing views, abundant sunlight, and good proximity to shops and amenities.

About the Location

Occupying a calm piste-side location, accessing Les Sybelles and its 310 km of slopes couldn't be easier: you can access the snow front by foot in a few minutes and at the end of the day, you simply ski back to the doorstep.

The town centre is just a few minutes walk away where you'll find everything one could need for an extended stay: boulangeries, ski shops, supermarkets and a good selection of restaurants.

About the Property

La Toussuire is getting a stylish upgrade with the arrival of this new residence that will raise the bar for the resort while blending in with the surrounding architecture. Set over the ground and first floors of the residence which is clad in natural stone and wood, this duplex four bedroom penthouse apartment features an open-plan living area with parquet flooring, a modern kitchen and two double bedrooms on the ground floor plus two double bedrooms finished with a calming palette of light shades on the upper floor. Large windows and glass doors flood the apartment with natural light and offer stunning views of the mountains while two large balconies are the perfect spot for sipping coffee before hitting the slopes or enjoying sunset drinks with loved ones.

Investment Potential

Offering a prime ski-in location with charming architecture, these apartments are set to perform well on the short-term rental market, allowing you to monetise your investment. A sporty resort, come snow or shine, La Toussuire is also an excellent destination for a summer escape in the fresh mountain air. As the snow melts away, a verdant landscape is revealed with ribbons of hiking and walking trails beckoning to be explored.

An unsung, up-and-coming winter destination, La Toussuire is an exciting resort and early birds who buy a property here now will benefit from good value for money in a very large, high-altitude ski area which doesn't experience the same crowds as its more well-known neighbours. Capital appreciation is expected as the resort still has a margin to develop and prices per sqm are much lower than larger neighbouring resorts.

What's more, if you decide to rent out your apartment when not in use, you will have the opportunity to reclaim the 20% VAT from the property purchase price. Because these properties are new build, you'll also benefit from lower notary fees at 2-2.5% as opposed to the 7-8% that apply for existing properties, as well as a 10-year guarantee, and improved energy efficiency.

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: accessing the 20% VAT rebate programme, finding the best French mortgage at a low rate, and introducing you to the best rental management company via our in-house service or partner agencies. 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.