La Perle d’Alba: A Premier Ski Property Investment in Alpe d’Huez
Nestled beside the Les Bergers snowfront in Alpe d’Huez, the La Perle d’Alba represents a beacon of luxury and a promising investment opportunity in the French Alps. This forthcoming development by DUO INVEST promises to redefine upscale living with its meticulously designed residences and superior amenities. The strategic location on Route de l’Altiport ensures that each home is just a whisper away from the ski slopes, providing both convenience and breathtaking alpine views.
Project Overview
La La Perle d’Alba is set to feature a collection of 65 exquisite apartments ranging from two-bedroom to four-bedroom cabins, classified under the prestigious 4-star tourism residence. With an average price of €8,411 per square meter (excluding VAT), these homes are designed not just for comfort but as a lucrative avenue for investors looking to capitalize on the robust tourism industry of Alpe d’Huez.
Developer and Construction Details
- Developer: DUO INVEST
- Type of Permit: Hotel accommodation
- Project Type: Classified tourism residence
- Mountain Law Convention (Loi Montagne):
- Duration: 30 years
- Operational Rental Obligation: 18 weeks in winter, 6 in summer, plus an additional 15 days off-season
Fiscal and Financial Framework
Investors can choose from various acquisition options such as variable rental lease, flexible rental lease, direct management, or service contracts, each tailored to provide flexibility and maximize returns. Notably, opting for a commercial lease arrangement allows for VAT recovery, enhancing the financial appeal.
- Average Price: €8,411 HT/m²
- Financing: Inclusive of VAT
- VAT Recovery: Available with the rental lease option
- Actability: 2nd quarter of 2024
- Delivery: 4th quarter of 2026
Investment Benefits and Opportunities
La Perle d’Alba is not merely a residence but an investment that promises a yield of up to 3.80% HT if you choose the fixed rental lease. The development operates under a unique model where 70% of the units are to be sold with a rental lease, while the remaining 30% can be sold without one, providing flexibility and control to the owner.
Location and Accessibility
Alpe d’Huez is renowned not just for its skiing but as a vibrant community year-round. La Perle d’Alba ‘s prime location offers direct access to ski lifts, local dining, and entertainment venues, ensuring that everything you need is right on your doorstep.
Unique Selling Points
- Proximity to Les Bergers Snow Front: Immediate access to one of the most popular ski fronts in the Alps.
- Luxurious Amenities: Including a pool, wellness area, and playroom.
- Modern Parking Facilities: With newly constructed ground level and refurbished underground parking, complemented by private lift access.
Design and Amenities
Every aspect of La Terre d’Alba has been crafted with the highest standards of design and comfort in mind. The interiors reflect a contemporary Alpine aesthetic, equipped with modern technologies and premium materials to create a warm and inviting environment.
Key Features
- Typology: Ranging from 1-bed to 3-bed + cabine for bunk beds
- Common Spaces: Featuring a swimming pool, wellness area, and playroom
- Service Charges: Approximately €54 TTC/m² of your apartment/year
Legal and Administrative Aspects
Investors will benefit from reduced notary fees, expect around 2-2.5% of the property price. A deposit of 2% of the total price, inclusive of VAT, is required to secure a unit.
Buying a new-build ski property in France offers several advantages compared to purchasing an older property:
1. Financial Incentives: New-build properties in France often come with financial benefits such as reduced notary fees (typically around 2-3% compared to 7-8% for older properties) and possible exemption from property tax (taxe foncière) for the first two years.
2. Energy Efficiency: New constructions are built to comply with the latest energy regulations in France, which means they are generally more energy efficient than older properties. Better insulation and modern heating systems can lead to significant savings on energy bills and a more comfortable living environment.
3. Reduced Maintenance Costs: New properties typically require less maintenance in the first few years after construction. Everything from the plumbing and electrical systems to the roof and facade are new and under warranty, potentially saving homeowners significant amounts in unexpected repair costs.
4. Modern Amenities and Design: New-build homes are designed with modern lifestyles in mind, offering open floor plans, larger windows, and often, built-in smart home technologies. This contrasts with older properties that may require significant remodelling to meet contemporary standards of comfort and aesthetics.
5. VAT Reclaim: For properties that qualify under the French leaseback scheme or other para-hotel arrangements, buyers can potentially reclaim the VAT (Value Added Tax) on the purchase price, which is a substantial 20%. This is a significant financial incentive that can reduce the overall cost of the investment.
6. Developer Guarantees: New homes come with a ten-year structural warranty, a two-year warranty on removable fixtures and fittings, and a one-year warranty on any defects to finishes. This gives buyers peace of mind and protection against structural and other defects.
These benefits make new-build properties in France attractive to many buyers, especially those looking for a low-maintenance second home or a solid investment opportunity.
In the Les Bergers area of Alpe d’Huez, you can find several highly recommended restaurants and bars that cater to a variety of tastes:
1. La Fruitière – Part of La Folie Douce complex, known for its sophisticated dining in a contemporary setting. More details can be found on the La Folie Douce website.
2. Le Signal – Located at the summit of the Signal, it offers stunning views and Savoyard dishes. You can find more information and book a table here.
3. Chalet du Lac Besson – A cozy chalet off the Chamois piste, famous for its French and regional cuisine. Details are available on local tourism guides, though a direct website may not be available.
4. L’Altiport – A Michelin-starred restaurant known for traditional French cuisine in a unique setting. Further information can be found through resort information services or by calling directly at +33 (0) 4 76 80 41 15 as a direct website isn’t listed.
These spots not only provide delicious food but also enchanting views and atmospheres that enhance the dining experience in Alpe d’Huez. Check for more here.
Conclusion
La Perle d’Alba offers a rare blend of luxury, functionality, and investment potential. Whether you’re looking for a seasonal retreat or a strategic investment, these residences promise to deliver both pleasure and profit. With its luxurious amenities, strategic location, and flexible ownership options, La Terre d’Alba is poised to become a cornerstone of high-end Alpine living and a lucrative asset in the portfolios of discerning investors.
