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Strong buyer demand prompts a ‘déjà vu development’ in the French Alps

15th September 2014 Print

French Alpine property specialist MGM returns with a sense of déjà vu to the snow-sure ski resort of La Rosière overlooking the Tarentaise Valley. 

Since 1994 the firm has successfully built and sold ski properties in four areas of the town which has access to the 150 kilometres of ski slopes in the Espace San Bernardo linking France with Italy. Now, in response to continuing strong demand for quality accommodation in the village, MGM is returning to build a fifth development comprising 33 leaseback apartments in a new résidence de tourisme.

The site selected for Chalet Les Marmottons is in a ‘ski-in’ position just above the town centre. Within a short walk of around 100 metres, apartment owners will have use of the family-friendly pool and leisure facilities in MGM’s most recently-completed résidence, Lodge Hemera, as well as its wellbeing and fitness centres.

The design of Chalet Les Marmottons will be in keeping with the typically Savoyard timber and stone finishes which are a feature of the resort. Internally MGM has responded to research based on informal conversations with buyers, owners and guests in their résidences. The result is a blend of traditional materials with modern finishes so that some internal walls are clad in wood or have bright white finishes; floors are in a mix of stone and larch parquet, and timber kitchens have given way to contemporary fitted models with granite worktops. 

‘These changes, combined with greater use of spotlights, create a twenty-first century feel within our traditionally-styled exteriors,’ says Richard Deans who heads MGM’s London-based UK sales office.

He reveals that the development is expected to achieve four-star status once it has opened for business and been assessed by Atout France.

The off-plan prices of apartments at Chalet Les Marmottons range from €220,000 for a one-bedroom property with a floor area of 45 sq m to €467,000 for a 100 sq m four-bedroom home. The prices exclude French VAT at 20 per cent which is waived under the leaseback scheme.

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Rosiere Marmattons