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€5 030 000
agency fees to be paid by the seller
Reduction from €6,100,000 to €5,030,000
MERIBEL LES ALLUES
|Surface||660 M2*||Plot Size||800 M2|
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Externally Complete + Air & Water Tight - Concrete shell internally.
By purchasing at an Externally Complete stage of completion which included the site works, concrete walls, external insulation, wood & stone external cladding, external doors, triple glazed windows, balconies, terraces, slate roofs, copper guttering, chimneys, etc. money is saved on notaries’ fees & property taxes which can be spent on the chalet fit-out instead.
It’s possible to take over the current design and fit-out process using local building contractors or start afresh with the purchaser’s interior design architects and building team/s. Introductions to local architects and artisan are available.
This option will be less expensive and give a purchaser total control over the internal design, quality of finishes and equipment installed.
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Interior Architects & Designers and Project Managers with local Chalet experience:
Amevet - www.amevet.fr
WilkinsonBevan - www.wilkinsonbeven.com
YBO Agence - Architecte-d-interieur - Meribel
Laughland Jones - www.laughlandjones.co.uk
Fabienne Gros - www.fabiennegros.fr
Atelier Crea & Co - www.ateliercreaandco.com
Refuge - www.megeve-refuge.com/home
The price includes real estate agency fees but not notaries and property purchase taxes of approximate 7%. In addition the 20% TVA (VAT) is not payable nor reclaimable on the above prices as it’s a "private build" not a "developer build".
If a purchaser buys a new build in France from a developer a purchaser will normally benefit from the lower Notaire fees & property purchase tax of approx. 2.5% (instead of the standard approx. 7%).
In addition a purchaser who uses this new property only as an investment property and rents it with “hotel services” immediately all of the time for the next 20 years are able to reclaim the 20% TVA component of the purchase price upon purchase.
If a purchaser buys at the Externally Complete – Concrete Shell Internally stage with the correct purchasing structure/vehicle they should be able to also reclaim the 20% TVA on the internal fit-out cost if the chalets are used as rental investments.
It is therefore important to be aware of the difference when making comparisons.
The purchase price is very attractive in comparison to other new builds in central Meribel. Prices for new builds directly on a ski piste and/or next to a ski lift average €25,000 to €35,000 per m2 and sometimes as high as €40,000 per m2.
However prices for new builds not directly on the piste but still only a short distance away are considerably lower.
The most directly comparable development is Falcon Lodge which is currently under construction directly behind these 2 new build chalets.
Approx. 70% of this development is sold and these are averaging €17,767 per m2.
Details subject to change and/or negotiation – August 2023
Information about risks to which this property is exposed is available on the Géorisques website : https://www.georisques.gouv.fr
*Property details are for information only and have no contractual value. Leggett Immobilier cannot be held responsible for any inaccuracies that may occur.
**The currency conversion is for convenience of reference only.
DPE not required.