Chalet Piste Bleue, Grimentz, Switzerland

Chalet Piste Bleue, Grimentz, Switzerland

Chalet Piste Bleue Chalet Piste Bleue is the perfect ski retreat. Ideally located at the foot of the ski piste and near the gondola, access to the slopes is unrivalled. Construction will begin in September this year, for completion in December 2013. Built in a traditional style, there will be four apartments available for foreigners. Grimentz is a very attractive resort and is a pleasure to visit in both summer and winter. Essential Facts New ski in, ski out apartments To be completed by December 2013 Right at the foot of the ski slopes - Stunning views Last opportunity for a foreigner to purchase A very attractive traditional village At 1600m and with snow sure skiing up to 2900m Dual season resort with 100km of hiking paths and mountain bike trails Just over 2hrs from Geneva, 40mins from Sion

Attractive Dual Season Resort

Resort information Grimentz is a picture postcard, traditional Swiss village in the Val d Anniviers, set at an altitude of 1600m with skiing up to 2900m accessed directly from the village. Getting there The village is easily reached by car or public transport with connections to several airports via the Swiss motorways, rail and Post Bus networks. This is a little known gem, a chocolate box pretty traditional village dating back to the 15th century. There are many other beautiful unspoilt villages in the valley which retain the charm and romance of the Swiss Alps at its best. The centre of the old village is traffic free and has a good choice of restaurants, a couple of hotels and cosy bars. The old barns, dark wooden chalets and narrow lanes give these villages a unique atmosphere. Just over 2 hours drive from Geneva but less than 40 minutes from Sion airport. Basel (2hrs 45mins), Zurich (3hrs) and Milan (3hrs) are viable alternatives. During the ski season, Flybe operate a service to Bern from where the transfer takes 1 hour 45 minutes by car through the Lotschberg rail tunnel. The ski area has some excellent off-piste and is gloriously uncrowded. The ski piste descends directly in to the village centre. In summer these pretty villages are a pleasure to visit and this is a wonderful setting for hiking and biking.

Just 2 hours from Geneva

Property The Chalet Piste Bleue is at the foot of the slopes just 200m from the télécabine. Construction of the apartments will begin in September 2012 for completion December 2013. Four of the apartments will be available to foreigners. This is a rare opportunity for non-swiss to buy in the area. There will be a total of six apartments spread over four floors; two apartments will be duplexes. They range from 59m2 to 125m2 and will have two to five bedrooms. The exterior design of Chalet Piste Bleue is particularly impressive. The dark wood fits into the landscape beautifully mirroring the alpine forests. The apartments have plenty of windows so there is lots of natural light and stunning views. Location The Chalet Piste Bleue is in the perfect location - right at the foot of the ski piste. Just a few steps from the gondola in the morning and ski home at the end of the day. Two minutes walk to the village centre and all the shops and restaurants. There is no need for a car. This location will also be appealing if you wish to rent your apartment when you are not using it. However, there is no obligation to rent. Each apartment has a ski room on the ground floor. Each one also has a balcony area from which you can enjoy the fantastic views. The building next door has an underground garage with parking spaces with a path leading to Chalet Piste Bleue.

Chalet Piste Bleue - plans and prices Apartments 1, 2, 3 and 4 are all on one level. Apartments 5 and 6 are Duplex apartments

Price List - Chalet Piste Bleue - 5 October 2012 Apartment Floor Bedrooms Floor Area Parking Price Status m 2 Spaces (Sfrs) 1 Ground 2 60 1 397,000 SOLD (DF) 2 Ground 2 59 1 386,500 SOLD (CH) 3 First 3 90 1 597,500 SOLD (LP) 4 First 2 79 1 529,000 Available for foreigners 5 Top/Duplex 5 125 2 876,500 SOLD (AC) 6 Top/Duplex 4 115 1 + communal 777,500 SOLD (DWdB) * m 2 is surface ponderee = net habitable surface + 1/3 of terrace + 1/2 cellar Price excludes parking spaces, they are as follows: Apartments 1, 2, 3, 4 have an indoor parking spaces for 49,000 Sfrs Apartment 5 has one indoor and one covered outdoor parking space for 74,000 Sfrs Apartment 6 has one indoor parking space and one outdoor communal parking space for 59,000 Sfrs

Floor Plans- Chalet Piste Bleue- Ground Floor Apartment 1: An open plan living / kitchen / dining area, 1 double bedroom, 1 single bedroom, 1 shower room and a large terrace with excellent views. Price: 397,000 Sfrs SOLD Apartment 2: An open plan living / kitchen / dining area, 1 double bedroom, 1 single bedroom, 1 shower room and, a large terrace with excellent views. Price: 386,500 Sfrs SOLD

Floor Plans- Chalet Piste Bleue- First Floor Apartment 3: A big open plan living / kitchen / dining area, 2 double bedrooms, 1 single bedroom, 1 bathroom and a large balcony with excellent views. Price: 597,500 Sfrs RESERVED Apartment 4: A big open plan living / kitchen / dining area, 1 double bedroom, 1 single bedroom, 1 bathroom and a large balcony with excellent views. Price: 529,000 Sfrs

Floor Plans- Chalet Piste Bleue- Second Floor (duplexes) Apartment 5: A big open plan living / kitchen / dining area, 4 double bedrooms, 1 single bedroom, 2 bathrooms, a gallery and a large terrace with excellent views. Price: 876,500 Sfrs RESERVED Apartment 6: A big open plan living / kitchen / dining area, 3 double bedrooms, 1 single bedroom, 2 bathrooms, a gallery and a large balcony with excellent views. Price: 777,500 Sfrs RESERVED

Floor Plans- Chalet Piste Bleue- Third Floor (duplexes)

Last chance for foreigners to buy

Chalet Piste Bleue - Plot Plan There are parking spaces for Chalet Piste Bleue in the underground garage of the building next door.

Over 220km of pistes

Winter At 1600m and with snow sure skiing up to 2900m Grimentz offers over 220km of pistes in this spectacular valley with no crowds and few queues. There are two ski schools and a good roped off beginner area at Bendolla and plenty of blue and red runs as beginners progress. For good skiers there is a challenging black which drops 1300m from the top of the mountain almost in to the village. The largest ski area in the world The Valais ski pass gives you access to the largest ski area in the world available on one ski pass. You can ski in a different resort every day as the slopes of Verbier, Crans Montana, and Zermatt are all within easy reach. In the centre of the village Grimentz is a children s bobsleigh slope and an ice-skating rink with a further 12km of tobogganing runs for the more adventurous. As the Where to Ski and Snowboard annual guide highlights Grimentz has richly deserved reputation for its extensive off piste. You don t have to be an expert to explore the Roc d Orzival, a huge bowl where you can make hundreds of turns before skiing out through a forest. This is excellent terrain for cross country skiing and snow-shoeing in magnificent scenery. A new lift is planned to improve the connection between Grimentz and the neighbouring resort of Zinal or you can take the free bus to enjoy sunny skiing and lovely mountain restaurants on the slopes above St Luc just 20 minutes away on the other side of the valley.

Set amongst 4000m mountain peaks

Summer This really is chocolate box Switzerland in summer; the old chalets are adorned with red geraniums and the quaint old Valais hay barns are everywhere. There are many charming restaurants and cafes in the old villages and some fabulous hotels such as the award-winning Bella Tola Hotel in St Luc. There are signed-posted trails everywhere for walkers and mountain bikes. One of the most dramatic is the Planets trail which starts at the astronomic observatory and is marked out with sculptures of the planets. Golf and spa There is an 18-hole golf course in Sion, a championship golf course in Crans Montana and a nine hole course in Le Breche. Activities include paragliding, archery, fishing, swimming, football, and tennis. At the Maxi Fun Sport & Adventure Park you can try bungee jumping, trampoline, climbing wall, swings and suspension brides. There are also plans to build a spa in Grimentz.

Grimentz is a very pretty resort

Finance Swiss banks will lend up to 70% of the purchase price and interest rates are the cheapest in Europe currently around 2% to 2.5%. It is possible to defer changing pounds sterling or euros in to Sfrs for 3 years as the bank will invest your 30% equity in a or investment account. Purchase costs In Canton Valais the costs are amongst the cheapest not just in Switzerland but in the whole of Europe. Total costs including the notary, taxes etc. are approx 2.5%. Payment terms 10% upon signing the sales deed 30% upon commencement of the ground works 40% when the major works are complete 20% upon completion and handover of keys If you take 70% finance the bank will take over the stage payments after you have paid the first 30%. Legal Requirements Canton Valais restrict the number of foreigners who are permitted to buy. In a referendum in March 2012 the Swiss people voted to prohibit all new construction of second homes from 1st of January 2013 so this is the last opportunity to buy a new property in the Swiss Alps as a holiday home. These properties are authorised for sale to foreigners and the notary will apply for your foreigner purchase permit as part of the purchase procedure. Buyers may not resell to a foreigner within 10 years but they may re-sell at any time to a Swiss national or to a foreigner who is residing in Switzerland (with a B or C permit). This will be an excellent investment and will increase in value as no more building permits will be given in future for the construction of new properties like this. Renting A specialist rental company would be pleased to rent your apartment out for you when you are not using it if you wish. The managing director of the company bought an apartment in Grimentz through Investors in Property a few years ago so he is a big fan of the resort.

Contact us for advice or to arrange a visit

Viewing We have an intimate knowledge of all our resorts and whether you are travelling alone, with a partner, or bringing the whole family we can suggest the perfect place to stay. Simply let us know which dates you have in mind and we will arrange for one of our representatives to meet you and show you around. All you need to do is to book your flight and organise a hire car and we can help organise everything else for you. Why not stay at the Hotel Terminus in Sierre and treat yourself? The hotel restaurant is the Didier de Courten, one of Switzerland s best new restaurants (2 Michelin stars, 19 Gault Millau points, and Chef of the Year 2006). They have a more reasonably priced brasserie next door and great rooms www.hotel-terminus.ch Company Profile Investors in Property specialise in the sale of ski chalets and apartments in Switzerland, Austria, France & Italy. We have over 20 years experience and an unrivalled knowledge of well established and up and coming ski resorts. We will provide expert advice and professional guidance through every step of your purchase. If you have any questions or need general advice please do not hesitate to contact us. Contact Simon Malster Investors in Property Tel: +44 (0)20 8905 5511 simon@investorsinproperty.com Please ask for our visits information sheet for other recommendations. Ski chalets for sale in Grimentz Ski chalets for sale in Switzerland Ski property for sale in the Swiss Alps Disclaimer Whilst we make every attempt to ensure the accuracy and reliability of the information contained in all brochures and the company website, the company, its employees and agents will not be responsible for any loss, however arising, from the use of, or reliance on this information. The sales deed prepared by the local Notary will contain all the terms of the sale and no warranty or representation made by an other person which is not specifically included in that deed of sale is legally enforceable. Investors in Property 2011