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Amara Residences, Avoriaz, France

The Amara Residences are five classic contemporary style residences which are fully consistent with the Avoriaz architecture. These spacious 1-4 bedroom apartments are sold fully furnished and equipped, ready for rental. Phase 1 (almost sold out) completes in December 2011 and phase 2 buyers only need to pay a 2% deposit on signature with nothing more to pay until July/Aug 2010 – completion is Dec 2012.

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Overview

UPDATE: MGM Amara has been a stunning seller and just 11 apartments (from 200) are left for sale. These are 2 and 3 bed apartments in phase 2 with completion December 2012.

Construction has started and sales have gone so well that some apartments are being completed a year early (Dec 2011 instead of Dec 2012 as originally planned).

Property: The Amara Residences are five classic contemporary style residences which are fully consistent with the Avoriaz architecture with staggered rooftops that keep them covered in snow. They have stone and red cedar facades and stepped balconies with large windows looking out over the Morzine valley to give maximum sunshine.to be built directly on the ski slopes around a beautiful Spa featuring a heated swimming pool. Services include massages, body wraps, hydrojets, hammams, saunas, Jacuzzis.

There is also a new Aquariaz water park being built in the centre of the resort with huge heated swimming pool, slides and rapids. The centre also has a family space with paddling pool and crèche facilities.

The spacious apartments have large south/south-west-facing balconies and the only underground car-park in Avoriaz. One bedroom apartments start at 290,000 euros, 2 bedrooms from 396,000 euros, 3 bedrooms from 662,000 euros and 4 bedrooms from 925,000 euros. The apartments are sold fully furnished and equipped, ready for rental. Phase 1 (almost sold out) completes in December 2011 and phase 2 buyers only need to pay a 2% deposit on signature with nothing more to pay until July/Aug 2010 – completion is Dec 2012.

Fully serviced and managed rental arrangements make this a good investment and French finance is very attractive with 100% mortgages (interest-only and repayment) still available and rates as low as 2.65%.

Resort: Situated an hour and a half from Geneva, Avoriaz is the highest resort of the Portes du Soleil at an altitude of 1800m. Perched on a dramatic cliff top overlooking the region, it is completely south-facing and offers spectacular views of the valley as well as enjoying picturesque sunsets.

Prices
    Price: € 290,000
    Bedroom/s: 1
    Type: Apartment
    Price: € 396,000
    Bedroom/s: 2
    Type: Apartment
    Price: € 662,000
    Bedroom/s: 3
    Type: Apartment
    Price: € 925,920
    Bedroom/s: 4
    Type: Apartment
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