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Details about  House for Sale in a Good French Pyrenees Ski Resort 288m2 with 3 Flats - good re

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House for Sale in a Good French Pyrenees Ski Resort 288m2 with 3 Flats - good re
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Two apartments need refurbishment and the third currently rents out every year and is liveable but

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20 Jul, 2014 12:23:27 BST
Item location:
Portchester, United Kingdom


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Item specifics

Seller notes: Two apartments need refurbishment and the third currently rents out every year and is liveable but could do with a makeover. This is a rare opportunity to develop one of the larger properties in the resort very close to the ski lifts.
Country: France Number of Bedrooms: More Than 6 Bedrooms
Location: Les Monts D'Olmes Number of Bathrooms: 3
Sort By: For Sale Plot Area (m²): 288
Property Type: House Private / Estate agent: Private
Building Feature: Detached
A very real opportunity to start a new life running a business with excellent potential return in a French ski resort, or simply refurb and sell at a profit. The building comprises of three large apartments of 96m2 each. Please note that two apartments need refurbishment and are blank canvases and the third is in rentable/liveable condition. 

Basic studio apartments sell for around 35,000 to 45,000€ in the resort for approx 23 m2 plus. This outlines the possible development profit in our apartments. 

The ski resort of Mont D’Olmes is thought to be one of the most attractive resorts in the area with good annual snow fall due to the north facing slopes. It is also the closest resort to Toulouse, which guarantees healthy numbers on the slopes and in the apartments throughout all peak times. The resort is currently the subject of investment from road improvements to a new chairlift lift system which was installed in 2007 and is guaranteed to become more popular than it already is. The house is around 250 meters from the main lifts and one of the closest in the resort to the piste.

The house the potential to sleep 11 people per apartment at the moment (33 in total) and possibly more in traditional ski apartment fashion. The property could be split further into 6 or more smaller apartments or opened up as one property for private or commercial use.

The local area also offers a diversity which lends itself to year round rentals unlike most ski resorts, particularly those found in the Alps. The local area – The Ocitan is steeped in Cathar history with Chateau Montsegur on the drive up to the resort. Combine this with the rich viticultural heritage of Corbieres, Minervois and Fitou nearby and cities like Carcassonne, Toulouse, Lourdes and Perpignan and you can quickly see why it is an excellent base to explore Southern France, The Pyrenees, Northern Spain and Andorra at anytime of year. There is fishing in season, trekking, mountaineering, ski-de-fond, horse riding, mountain biking and many more sporting and cultural pastimes to be found in the local area. 

Cheap flights can be made daily from the UK to Toulouse with Easyjet or Carcassonne with Ryanair. 

The resort has now developed a summer business as well thanks in part to the new chairlift, with restaurants and the alimentation open through the key months, mountain bike rental available and prepared single track rides throughout the area. 

Mont D’Olmes is also only a stones throw from other major Pyrenean resorts such as Ax les Thermes and less than 1 hour from Andorra for further excellent skiing and shopping. The possibilities really are endless! 

The property comes with its own website which ranks second on the Google search page where further images and information can be found - (included in the sale)

Plenty more details and photos on request.

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