{"id":3289,"date":"2008-11-25T00:00:00","date_gmt":"2008-11-25T00:00:00","guid":{"rendered":"http:\/\/www.zameen.com\/blog\/british-buyers-in-the-alps-buck-the-trend-on-credit-crunch-caution.html"},"modified":"2017-12-11T12:56:31","modified_gmt":"2017-12-11T07:56:31","slug":"british-buyers-in-the-alps-buck-the-trend-on-credit-crunch-caution","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/british-buyers-in-the-alps-buck-the-trend-on-credit-crunch-caution.html","title":{"rendered":"British buyers in the Alps buck the trend on credit crunch caution"},"content":{"rendered":"<p>\nBucking the trend among second-home buyers cautious about signing-up to off-plan purchases in the wake of the credit crunch, a leading developer in the French Alps reports that a quarter of the buyers of properties sold off-plan in its latest new scheme are British.\n<\/p>\n<p>\nAs construction work gets underway at Le Telemark, a brand new residence de tourisme of 57 ski-in\/ski-out leaseback apartments at Tignes Le Lac, the French mountain and lakeside property specialist the MGM Group reports that 39 of the properties already have been sold with ten of them being snapped up by UK buyers.\n<\/p>\n<p>\nSays Nathalie Turchet, MGM\u2019s London-based UK sales manager. \u201cClearly the appeal of these properties to British buyers is that they meet three requirements \u2013 a high quality second home to enjoy winter sports in one of Europe\u2019s top ski resorts, a great base for summer holidays and a guaranteed source of rental income.\u201d\n<\/p>\n<p>\nLocated close to the residence are ski lifts giving direct access to the 300 km of slopes within the Espace Killy skiing area. One of the best-known and, at an altitude of 2,100 metres one of the highest resorts in the French Alps \u2013 making it also one of the most snow-sure \u2013 Tignes is used by the national ski team of France to train for international competitions.\n<\/p>\n<p>\nWithin a 15 minute walk of Le Telemark is an 18-hole golf course around the Chevril Lake which has a sailing centre nearby.\n<\/p>\n<p>\nAmong early buyers of apartments at Le Telemark are Duncan and Catherine Harriss of Southwell in Nottinghamshire who have reserved off-plan a two-bedroom property.\n<\/p>\n<p>\nThe price they paid \u2013 \u20ac257,600 \u2013 excludes VAT at 19.6 per cent and includes a further reduction in lieu of rental income during the 11-year term of their lease agreement.\n<\/p>\n<p>\nChambery Airport is less than two hours away from Tignes by car. The airports at Lyon and Grenoble are two-and-a-half hours by road.\n<\/p>\n<p>\nProperties at Le Telemark are available for leaseback purchase only. Prices range from \u20ac232,000 for a one-bedroom apartment to \u20ac795,000 for a four-bedroom<br \/>\nduplex home. They exclude VAT waived under the leaseback scheme.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\nBucking the trend among second-home buyers cautious about signing-up to off-plan purchases in the wake of the credit crunch, a leading developer<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"persona":[],"class_list":["post-3289","post","type-post","status-publish","format-standard"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>British buyers in the Alps buck the trend on credit crunch caution - Zameen News<\/title>\n<meta name=\"description\" content=\"Bucking the trend among second-home buyers cautious about signing-up to off-plan purchases in the wake of the credit crunch, a leading developer\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/british-buyers-in-the-alps-buck-the-trend-on-credit-crunch-caution.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"British buyers in the Alps buck the trend on credit crunch caution - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Bucking the trend among second-home buyers cautious about signing-up to off-plan purchases in the wake of the credit crunch, a leading developer\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/british-buyers-in-the-alps-buck-the-trend-on-credit-crunch-caution.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2008-11-25T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-12-11T07:56:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/12\/pakistan.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Zohaeb\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Zohaeb\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"British buyers in the Alps buck the trend on credit crunch caution - Zameen News","description":"Bucking the trend among second-home buyers cautious about signing-up to off-plan purchases in the wake of the credit crunch, a leading developer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/british-buyers-in-the-alps-buck-the-trend-on-credit-crunch-caution.html","og_locale":"en_US","og_type":"article","og_title":"British buyers in the Alps buck the trend on credit crunch caution - Zameen News","og_description":"Bucking the trend among second-home buyers cautious about signing-up to off-plan purchases in the wake of the credit crunch, a leading developer","og_url":"https:\/\/www.zameen.com\/news\/british-buyers-in-the-alps-buck-the-trend-on-credit-crunch-caution.html","og_site_name":"Pakistan Real Estate News &amp; 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