New Build 4 bedroom Apartment for sale in Praz sur Arly, Megeve, Rhone-Alpes

1,015,000 EUR 894,400 GBP 1,123,200 USD

Reference: 247405

Bedrooms: 4
Bathrooms: 2
Floor Size: 129 m2

Features

Terrace
No Pool
Mountain View
South Facing
Walk to Amenities
New Build or Off Plan

Details

Ideally located near the slopes and all amenities at the heart of the Espace Diamant in Praz sur Arly, is this new 4 bedroom luxury top floor apartment, enjoying breathtaking mountain views.

This new development is situated less than 10 minutes from Megeve, on the banks of the River Arly, less than 500 metres from the heart of the village, with its shops, restaurants and local services.

A chair lift is just around the corner that goes to the summit of Cret-du-Midi, at an altitude of 1,890 metres. Last but not least, the new leisure centre, just 400 metres away, completes the range of activities on offer in this charming village.

This residence offers just 33 premium apartments, ranging from a studio to 5-room. Extended by a terrace or balcony, they offer uninterrupted views of the Beaufortain and Aravis mountain ranges.

This 129.39m2 T5 apartment on the top floor of Building B comprises four bedrooms, a fitted kitchen opening onto the living and dining room with access to a terrace, a bathroom and a shower room.

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France Property Buying Guide

1. Signing the Agreement (Compris)

On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner.

The next step, once you are in agreement, is to sign the preliminary contract (Compromis de Vente). This is a legal document and after ten days will be binding on both parties. Rules change frequently in France and it is best to consult with your notary about when this period starts. Generally the compris will be signed in France with the Agent.

Variants can be included in the compris, for example an Acte (clause) can be added if the name or names to go on the title deed have not been finalised. If a mortgage will be required to purchase the property, the details for this, including the name of the mortgage company, must be on the compris.

2. Paying the Deposit

Generally the deposit will be 10% of the agreed purchase price. This will normally be paid to the notaire. There are exceptions to this, if the agent holds a carte professionelle, is bonded and fully registered then you may pay them, but do not hand over the deposit to anyone else. If for some reason the purchase does not go through, for example, if you write to the notaire and the agent that you do not wish to go continue with the purchase before the contract is binding (within seven days of signing the compris), then your deposit would be repaid. This would also apply if a condition had not been met, or the mayor or S.A.F.E.R. (a government agency that has the right of first purchase on most rural property that comes onto the market in France) could oblige the purchaser to give way. If you decide after the seven days 'cooling off' period that you do not wish to complete the purchase and pull out of the sale you would lose your deposit. If however the vendor pulls out of the sale then you will receive your deposit back plus the same amount from the vendor.

3. On Completion

Generally it will take around two or three months to complete the purchase.

During this time the balance of the purchase money must be paid into the account of the notaire, this must be done well ahead of the completion date. The notaire will prepare the documents, check that the deed of sale (Acte de Vente) is in order and have the legal title ready to be signed over. It is possible to have someone sign on your behalf if you give them power of attorney. An interpreter may be of use at this point if your French is not very good and many Notaires will suggest (or insist) that an interpreter is with you.