A New Alpine Development in the French Alps: The Terres de Lhottis in Verchaix
Nestled in the serene beauty of the French Alps, Verchaix in the Vallée du Haut Giffre introduces a new residential project called “Terres de Lhottis.” This new development promises to blend the tranquillity of mountain living with modern comforts and sustainability. Here, we explore the features of this new development and dive into a financial analysis of the property prices.
Location and Lifestyle
Verchaix is a picturesque village located on the sun-drenched southern slope of the Haut Giffre Valley, known for its stunning views and outdoor lifestyle. The village is a year-round playground for activities like hiking, biking, skiing, and paragliding, offering residents access to nature’s beauty without sacrificing modern conveniences.
Proximity: Just an hour from Geneva by car, making it an ideal spot for those seeking a retreat yet needing city access.
Local Amenities: A weekly market on Friday mornings supplies fresh, local products. Nearby Morillon, a mere 3-minute drive, provides additional shopping and health service.
Residential Offerings:
Chalets: Six new chalets, ranging from 3 to 4 bedrooms, are offered. All have private gardens facing southwest.
Apartments: 34 new apartments from 1 to 3 bedrooms (+ coin for bunkbeds)
Key Features:
Sustainability: The project emphasizes environmental consciousness with materials like low-carbon concrete. It includes energy-efficient systems like heat pumps for heating, cooling, and hot water.
Amenities: An outdoor children’s play area, secure bike storage, and EV charging points in some underground garages are part of the community infrastructure.
Design: Large sliding glass doors maximize natural light and connection with the outdoors. Interiors are customizable, offering residents the chance to tailor their living spaces.
Financial Analysis
Pricing Structure:
Here’s a breakdown of the pricing based on the document provided (starting price is after VAT refund):
1 Bedroom Apartments:
First Floor (A13): 207,500€
Second Floor (A23): 274,000€
2 Bedroom Apartments + coin for bunk beds:
Prices range from 266,667€ to 369,000€, with variations based on floor, orientation, and inclusion of a garage.
3 Bedroom + coin for bunk beds Apartments:
Consistently priced around 352,500€ to 447,000€ across different floors and orientations.
3-4 Bedroom chalets:
A unique offering between 482,000 – 599,000€ with an extensive living area and a garden.
Investment Considerations:
Value Appreciation: Properties in scenic, well-developed areas like Verchaix typically see steady appreciation due to their appeal as both primary residences and vacation homes.
Rental Yield: Given the proximity to ski resorts and natural attractions, there’s potential for high rental income, especially during peak tourist seasons.
Cost Savings:
Energy Efficiency: With the integration of heat pumps and other green technologies, residents might enjoy lower utility bills, enhancing long-term value and savings.
The Terres de Lhottis development presents an attractive proposition for those looking to invest in a lifestyle that balances nature with modern living. Financially, the project offers a range of options from budget-friendly apartments to high-end chalets, catering to different investor profiles. The financial analyses suggest a solid investment with potential for both personal use and rental income, underpinned by a commitment to sustainability and quality of life. If you’re considering a move or investment in the French Alps, Verchaix’s Terres de Lhottis might just be the perfect place to start your new chapter.
