/24-7PressRelease/ - CYPRUS, February 16, 2007 - Orelle is a small traditional mountain hamlet, largely used by local French and Italian skiers. The town has never provided the quality of accommodation to rival its fashionable neighbours. The main tour operators have largely ignored Orelle.
But three main factors have changed this recently to put Orelle firmly on the map.
Firstly, Orelle has linked with a fast gondola service directly into Europe's highest altitude ski resort, Val Thorens - with access to the World's largest ski area with 600km of skiing.
Secondly, a new motorway has made road access quicker, and low budget airlines fly into nearby Chambery, Grenoble and Lyon airports - offering transfer times of just 1-2 hours and avoiding all of the congestion on the main route into Les Trois Vallees via Moutiers.
Thirdly, the first Residence de Tourisme property development of high quality has just been released in Orelle. Backed by the French government and Euro Group, this new Village project offers 186 apartments with private Spa Centre & indoor swimming pool.
For investors, the chance of purchasing high quality, cheap property in this region of the Alps disappeared many years ago. Prices in Meribel & Courchevel have spiraled to stratospheric heights in recent years, pricing out serious investors.
Orelle offers investors a new opportunity to purchase quality property in Les Trois Vallees with 1-3 bedroom apartments from just GBP 63,000 - 165,000. Because this development qualifies under the leaseback scheme, investors receive a guaranteed annual rental return plus holiday usage including Xmas & New Year, or a choice of weeks over the ski season. There are no running or maintenance costs for the 10 years. Best of all - the above prices have been reduced by 19.6% by way of a French VAT refund.
For more information - please call UK Overseas on 08701 14 98 07 or visit http://www.ukoverseas.com or email andrew@ukoverseas.com.
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