Posted on 05 December 2020
Anyone thinking of buying property in Tignes is making a wise financial move. The high-mountain resort offers much potential in more areas than just skiing holidays, and the name refers to five villages connected by a shuttle bus or gondola service. They are Val Claret, le Lac, Le Lavachet, Les Boisses and Les-Brévières.
The first three sit at a high-altitude of 2100 metres, and together with neighbouring Val d’Isere offer one of the best snowfall records in the Alps; hence it often has a more extended ski season. Many resorts in France invest heavily in their future, and Tignes has joined them to improve and market themselves as the ideal place for a ski holiday. So, we walk every buyer through buying an apartment or ski chalet but read on to find out what to know before entering this market.
Buying Property in Tignes
1: Why Buy in Tignes?
Skiing potential: Tignes offers direct access to the Alpine Espace Killy ski area. Together with Val d’Isere, these two resorts boast of 300 kilometres of downhill pistes. Alongside pleasing beginners and experienced skiers, Tignes also has an esteemed reputation as one of the best freestyle snowboarding resorts. Heading to the Grand Motte Glacier, a variety of steep, off-piste skiing, varied terrain and picturesque mountain views opens. Altogether 79 ski lifts, of which 39 are chairlifts, make this one of the top ski areas in France.
Après-ski: For an unbeatable Après-ski session, the Folie Douche has become known as the place to go. Sitting on the side of a piste, it boasts of a lively party atmosphere. Otherwise, in the town centre, many cosy restaurants and bars, some of which have a terrace for those afternoons bursting with sunshine, or inside dining areas for low key nightlife, suit everyone regardless of age.
Off-slope Activities: Even the most hard-core skier likes time away from the ski slopes, in which case, Tignes delivers with a variety of other activities. Including a public swimming pool, and spa centre, for those who want another adrenaline rush think helicopter rides, bungee jumping, and the climbing wall. Other Snowsports when not on the slope include dog sledding, ice diving, para-gliding and snowshoe walking.
Summer Activities: The winter season is not the only focus in Tignes because the French ski resort strives to improve its tourism industry by marketing itself as one of the year-round holiday destinations. Activities for the whole family include hiking, biking, water sports, golf, yoga, archery, and fishing.
Buy-to-let: Anyone looking for an investment has more potential than just ski holidays since the above activities open more months for occupancy. With creative marketing skills and by improving your network of contacts, investors can expect a healthy return on investment.
2: Property Showcase
These ski-in ski-out luxury chalets highlight the best of Tignes’s real estate market. Ranging from 182 to 289 square metres in size, with four or five bedrooms, and four bathrooms, open-plan living spaces appear more extensive thanks to large bay windows. Luxury and relaxation also spring to mind because of the hammam, sauna, and terrace jacuzzi, alongside a laundry room, ski-boots storage area, garage, and wine cellar.
The builder has taken great care to incorporate the traditional French alps architecture while incorporating all modern touches for a luxurious lifestyle. For investors, they also offer a full rental service, leaving you with peace of mind. Enquire for more information by quoting reference number 222. These chalets will perfectly suit anyone looking for luxury ski accommodation while skiing in the alps.
3: Buying Process
The buying process comprises three steps. First, both the buyer and seller sign an initial contract and exchange a deposit. The agreement called a comromis de Vente would include the price of the chalet or apartment, brief description, small print, conditions, and a deadline for sale to complete. The deposit is paid to the notary office, and for non-residents, this is usually 20%. Please note, it is a legal contract, so put questions into the clauses section.
Papers needed to complete the deal will include your passport, marriage or divorce documents, and financial paperwork for mortgages. Mostly, this contract gives a seven-day cooling-off period, but if you pull out after this, the seller can keep your deposit. When completed, the notary will perform necessary checks like outstanding debts, which usually takes two to three months. Once approved, the deed of sales goes ahead, and the notary formally transfers ownership. Also pay the full balance and taxes and fees.
4: Start Your Property Search
We have luxury chalets and apartments for sale in many mountain resorts. Each listing includes everything to know like location, price, home features and how to arrange a viewing or receive more details via email. The best resort to buy in depends on your budget and lifestyle preferences, but if you would like to talk to an agent, call us. You might also want to look at our area guides for French ski resorts. Start your property search here.
Best Ski Resort for Après-ski: If enjoying yourself off the slopes is a high priority; these top ski resorts deliver with an active après-ski social scene. Whether you want large parties, afternoon drinks on the terrace or five-star Michelin dining, you won’t be disappointed. For an added touch, they also feature the best of luxury skiing and snowboarding holidays.
Luxury Ski Property: You will notice, the Alps includes a high-end market of chalets and apartments. In this article, we outline what to look for when making this significant lifestyle purchase.
Villages of Tignes: If you are buying property in Tignes, but don’t know which village to choose, we outline the five and what makes each one unique.