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May

The most affluent resort in the Alps?

Published: Tuesday 15 May 2018

Dormant to thriving

During the 1980s, Vaujany was transformed from a quiescent, French farming village to an illustrious ski resort when the government purchased a vast proportion of land for France’s largest hydro-electric scheme. The construction of the lucrative Barrage de Grand’Maison allowed villagers to invest €20 million into what was the largest cable-car in France, to reach the Alpe d’Huez resort above. The continuous proceeds generated by the dam have afforded Vaujany a top of the range infrastructure and a multitude of high quality resort facilities.

An ideal family resort

Vaujany is undoubtedly a family orientated resort, owing largely to its much loved crèche and well equipped leisure centre. In addition to a 25m heated indoor swimming pool and waterslide, the sports complex includes an Olympic ice rink, gym and bowling alley.

There are a number of top quality ski schools available, including an English speaking team within École du Ski (ESF), with excellent facilities to keep children entertained throughout the day.

Plans to form one of the largest ski areas in the Alps

In 2019, construction will commence for one of the most innovative developments in the Alps to date: a gondola linking Alpe d’Huez to Les 2 Alpes. The gondola ride is expected to take 18 minutes between the two resorts and transport 3000 passengers per hour. The project is due for completion in 2021 and will allow holidaymakers to enjoy over 450 km of pistes, 132 ski lifts and two glaciers for summer skiing – all accessible with just one ski pass.

You can view an artist’s impression through video simulation of the gondola link design.

What does this mean for French ski property owners?

With the upcoming formation of the fourth largest ski area in France and Vaujany itself confirming an investment project worth €32 million comes an inevitable augmentation in rental returns and property values.

Ski property expert, Erna Low Property, has recently launched four new developments in Vaujany. Francois Marchand, Director of Erna Low Property comments, "This is a great time to purchase a property in Vaujany. We are excited by all the new developments in this small but return on investment, especially with the planned ski lift link up with Les 2 Alpes. Definitely one to watch.”

From left to right: New developments in Vaujany – Les Edelweiss, Les Chalets des Etoiles, L'Oree des Pistes, Le Domaine de Patre
 
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