Erna Low Property reports business is strong, with exciting new developments and partnerships, despite the challenges of 2020. Virtual viewings, ‘workcations’, the sole UK Agency on Pierre & Vacances resale apartments and an ever-growing demand for a bolthole in the Alps is ensuring a healthy UK market for property sales in France.
Three Top Properties Complete and for sale from Erna Low Property.
Residence Estellan in Les Carroz
Taking up a perfect position at the foot of the Grand Massif slopes, just 150m from the Kedeuze gondola, Residence L’Estellan is a NEW boutique collection of just 15 large classic freehold apartments.
From 2 – 4 bedroom apartments, with south facing balconies. From 474,500 euros.
Le Diamant des Cimes in La Rosiere
Completing this year, Le Diamant des Cimes in La Rosiere with skiing over to La Thuile in Italy, is built in a traditional Savoyard style – using locally sourced stone, wrought wooden structure and balconies. Incredible views of the Tarentaise Valley.
From 510,000 euros 2-4 bedroom classic freehold apartments.
Le Ruitor – Sainte Foy de Tarentaise
The ideal bolthole apartment, in a 4* residence, pool & spa facilities, offers owners an authentic alpine lifestyle, with access to some of the Alps most famous resorts. With over 45km of skiing from your doorstep, you’ll also be able to enjoy Tignes (Espace Killy) just a 10 minute drive from Les Brevieres ski lifts and 425km of connected piste. Prefer to ski the Paradiski, just a 15 minute drive away you’ll have access to Arcs 1950 & the worlds most popular ski domain of the Paradiski – 425km.
Francois Marchand, Managing Director of Erna Low Property comments, “With continued demand for properties in the Alps, we are proud to have made it through these difficult last few months. Arc 1950 also continues to be a popular destination and we have many ongoing re-sales of apartments here, with increased values as their supply is limited. French mortgage rates remain low and whilst we have seen some delays caused by the part-closure of our French bank and notaire partners, rather than buyers cancelling their purchases, most have been happy to accept a small delay and continue with their purchase. Buyers who have cash are obviously in a great place to make a secure investment in a property purchase in the French Alps.”
Andrew Scatchard, Sales Manager: “With an ever-challenging situation in the global economy, the resilience of Erna Low Property’s new and existing enquiries has been an encouraging light at the end of the tunnel. Plenty of buyers are either moving ahead as planned or getting their ducks in a row for February inspection trips. With our new Pierre & Vacances resale partnership, many clients are reassured by the guaranteed returns, and super prime locations. With interest rates at an all time low (some clients achieving 1.2% fixed for 20 years) now really is a superb time to invest in your dream mountain home.”
NEW P&V Resales –
Erna Low Property are now the exclusive partner for Pierre & Vacances [P&V] apartment resales in the UK .
Alain Denninger, Senior Sales at Erna Low Property adds:
“We are able to secure resales of apartments that come on to the property market, for UK buyers, so they can have an apartment ‘ready to go’ – this is really suiting the demands of many of today’s clients.”
“Workations” has been one of the key buzzwords of 2020 with people adapting to working from home. These P&V resales enable buyers to purchase a property and have the keys in time for this winter season – 2021. Cash buyers can complete within four to five months.
Lockdown has not prevented sales of properties in the French Alps. Erna Low Property has used technology for buyers to be able to view remotely either an off plan development, where there usually may not be that much to actually see, or to have a ‘real-time’ view of a development which is complete and ready for purchase. These virtual viewings will continue beyond lockdown.
Trend for Larger Apartments
Erna Low property has seen demand for the combination of small apartments off-plan to be re-designed in to bigger four- bedroom apartments.
As Erna Low Property take on many small developments off plan, they are best placed to give buyers the opportunity to make their dream bolthole in the Alps. Buyers are choosing to have a bigger residence where they can host their family and friends and still have space to work. Two examples are the Cottage Alpin development in Les Gets and the Estellan development in Les Carroz.