Residential building

CHF 1'990'000.-

1923 Les Marécottes
1058 m²
Your mortgage from: CHF <span class="sh-amount"></span>
Evolution of mortgage rates

Raw plateaus for main residences, Wellness-Spa Chalet in the Valais Alps

Easily accessible all year round by car via a tarmacked and snow-cleared road, or by the TMR train linking Martigny to Chamonix, with a stop at the new Marécottes station and direct access to the cable car by direct lift.

The gondola lift right at the foot of the residence will be completely renovated in 2024 and will take you directly to the snowy slopes in just a few minutes, to the delight of ski enthusiasts.

On the ground floor and garden level of the residence,
873 m2 of gross surface area (1,058 m2 weighted with their private terraces)
are available and intended for a promotion of 8 to 10 lots of apartments in main residence.

For developer, with a view to resale with 2.9 million to 4.5 million in profits, depending on the work and services offered.

The lots are broken down as follows:

- On the ground floor, "D1/D2", 147 m2 floor space (167 m2 weighted with terraces) which can be transformed into 1 or 2 apartments

- On the upper ground floor, "Angle", 117 m2 floor space (164 m2 weighted with 44 and 80 m2 garden terraces), which can be transformed into a 4.5 room apartment

- On the upper ground floor, "Poolside", 111 m2 floor space (122 m2 weighted with 23 m2 garden terrace), which can be transformed into a 4.5 room apartment

- On the upper ground floor, "Vestiaires", 206 m2 space, which can be transformed into 1 or 2 apartments

- On the upper ground floor, "Yellow", 109 m2 floor space, which can be transformed into a 4.5 room apartment

- On the upper ground floor, "Rose", 75 m2 plateau (88 m2 weighted with 26 m2 garden terrace) which can be transformed into

3.5 room apartment

- On the upper ground floor, "Violet", 108 m2 floor space (140 m2 weighted with 65 m2 garden terrace) which can be transformed into a 4.5 room apartment

These areas could probably be enhanced with 120 m2 of future balconies depending on possible buildability to be agreed with the administration services. A negotiation at the value of an additional 36 m2 (i.e. 1 additional apartment lot) is possible in addition in exchange for work.

The earning potential is great.
In fact, based on a renovation cost of CHF 2,500/m2, and if you resell in VEFA at CHF 7,000/m2, your net profit would be around CHF 2.9 million.
And with a renovation cost of 4,200 CHF/m2 and reselling in VEFA at 10,000 CHF/m2 (luxury services), your net profit would this time be around 4.5 million CHF.

Optional (590,000 swimming pool works, Pro-rata Usufruct / Swimming pool standards),
The future co-owners will benefit from 630 m2 of shared living spaces (fitness areas, historic sauna, new indoor Wellness pool area heated to 34°C with jet nozzles, new sauna areas, ski room) for even more comfort and conviviality.

10 outdoor parking spaces dedicated to these areas advantageously complete the initial package.

Future co-owners will also be able to benefit from a vehicle rental service on site at preferential conditions to visit the surrounding area in complete freedom. Everything has really been thought out to allow future co-owners to access comprehensive and high-quality services, in an idyllic environment.

The structural work exists, the developer can therefore ask for 60% in VEFA from its future clients, even before having financed its work.

Watch the video here:

https://www.youtube.com/watch?v=hSBf5sLQVwE

Further information

Available on request
Reference Plateaux Bruts 1000 Etoiles b

Equipment

Lift
View
Parking
Has wheelchair access
Swimming pool
Pets allowed

Calculate your financing for this property

This property is proposed by

ChateauShares Developments
Rue Principale 4
1923 Les Marécottes