Anyone on the verge of buying a property in the French Alps could save a few euros by completing their purchase by the end of the year, as stamp duty in France is expected to rise at the end of 2013. The cap on tax levied on buyers when they...
Posted on 08 October 2013
The year-long period during which vendors of property in France get a discount of 25 per cent on both capital gains tax (CGT) and the social charges kicked off in September, with hopes it will fuel sales in the property market, including in Alpine resorts. Also from 1st September, the...
Posted on 03 October 2013
The growing popularity of year-round short breaks in the French Alps has prompted the region’s biggest developer to introduce greater flexibility in the way its leaseback apartments are let, in order to maximise rental income. Traditionally MGM has offered holiday home buyers, who also seek a guaranteed long-term investment, a...
Posted on 01 October 2013
An exciting new ‘village’ within Tignes in the French Alps will be up and running this ski season, making the resort an even more appealing place to own a ski property. The former Les Boisses area of popular Tignes is undergoing a €150million transformation, which will see it renamed ‘Tignes 1800',...
Posted on 24 September 2013
Ski homes in the French Alps got cheaper for UK buyers recently, thanks to nothing more than the euro losing value against Sterling. Given that interest rates in France are still at historic lows and there are some very attractive euro mortgage deals available, could autumn be an ideal time...
Posted on 10 September 2013
Tickets for Eurostar’s seasonal ski trains, which take skiers direct to the heart of the Alps from London’s St Pancras station and Ashford International, are now available for the coming winter season. Eurostar’s popular direct day and night services to the French ski towns of Moûtiers, Aime-La-Plagne and Bourg St...
Posted on 16 August 2013
A weak pound combined with very attractive mortgage rates mean that for some buyers of property in the Alps, getting a mortgage could make better long-term financial sense than buying outright. Fixed rates in France are at unprecedented lows, meaning that qualifying borrowers with a deposit of 20 per cent...
Posted on 29 July 2013
The French Government has reduced the number of years second homeowners must have their property before it is exempt from capital gains tax (CGT) from 30 to 22. The previous 15-yer exemption was controversially doubled to 30 years earlier this year, but the French government now has reduced it after...
Posted on 16 July 2013
Selected ski resorts in France can look forward to a facelift after a consortium of French companies, including banks and resort operator Compagnie des Alpes (CDA), launched a new scheme to reinvest in rundown residential accommodation. The effects should be a bonus for owners of ski property throughout the French...
Posted on 02 July 2013
Tennis champ Roger Federer will be firmly in the global spotlight over the next week, as he competes to retain his Wimbledon title and win the sport’s most prestigious tournament for a record eighth time. There’s no doubt Swiss born Federer has an eye for those fluffy yellow balls but...
Posted on 26 June 2013