Property investment in Châtel, business or pleasure?
Vacation Home and Property Investment in Chatel
The purchase of a second home is a dream which fulfilment process must not be overlooked. Châtel, a ski resort accessible by car, train or plane, boasts an extensive and quality ski area. Its location makes it the closest French ski resort for the inhabitants of Switzerland, Belgium, Luxembourg, the Netherlands and Northern Europe. The resort bustles with tourists during summer and winter seasons alike. Whatever the objective, the guarantees of success are plenty, bolstered not only by the exceptional location of the residence, which sits right beside the gondola lift, but also by the many services provided by the ski town.
Apartments for sale in Châtel in “La Crémaillère”
In 2018, 10 apartments located next to the gondola station and ranging from 70 to 120 m2 in surface area will be put up for sale at a price of 6,500 €/m² including tax, the market price for apartments in Châtel equipped with such remarkable amenities.
Depending on how the apartments are intended to be used – as single, private homes or rented out during certain periods (thereby securing availability for the purchaser) -, it is be possible to recover VAT and get 20% off the final price.
Property investment in Châtel: when business meets pleasure
Being the owner of a second home in the mountains is a dream shared by many. Located in Châtel, these apartments satisfy most of the ski property investment criteria recommended by real estate professionals.
The property can be rented out over time based on the owner’s desired schedule, especially if the VAT recovery option is chosen: finding tenants and providing them with rental services is then carried out by the real estate agency.
Rental profitability will first and foremost depend on the rental schedule. In order to evaluate the rental yield of the property, please contact us so we can work out an estimate based on its surface area and your rental availability schedule.
As Châtel is also a summer holiday resort, the property can be rented out throughout the summer, unlike dwellings located in colder, high-altitude resorts, which suffer from low tourist attendance during that season.
Furthermore, Châtel’s assets and attractiveness provide security for further resale, not to mention the property’s location, which would be a major advantage.