Praz-sur-Arly: Construction work begins on the Pratz building
We are delighted to announce the start of construction work on the Le Pratz residence in the heart of the village of Praz-sur-Arly.
Facing the Sainte-Marie-Madeleine church, on the edge of the Val d’Arly road, the excavation work has now given way to a huge hole from which will emerge over the next few months this beautiful luxury residence comprising 16 apartments, from 1-bedroom and 2-bedroom, 3-bedroom duplexes and up to 4-bedroom/5-bedroom duplexes. Delivery is scheduled for the 4th quarter of 2025.
This is excellent news. At a time when the real estate market is in an unprecedented slump, with 70% of new-build projects failing to reach the pre-sales threshold, enough buyers and investors have been seduced by the appeal of this rare real estate program.
Rien d’étonnant d’ailleurs car cette résidence composée de deux immeubles constitue en effet la dernière tranche du projet de renouveau du centre-village engagé par la municipalité avec la création de deux résidences immobilières (une maison médicale, les Chalets Saint-Victor sont déjà terminés) pour redynamiser la station et améliorer le cadre et la qualité de vie, avec l’ouverture de nouveaux commerces de proximité.
The creation of this new pedestrian area in the center of the village will eventually create a welcoming place with a public square and an invitation to stroll around. « It’s all going to look great. People passing through the village will no longer perceive it as a high street, but as a place where they can stroll and relax. The image of the village center will change, and our already pleasant living environment will become even more attractive. », As the mayor of Praz-sur-Arly, Yann Jaccaz, recently pointed out.
The new Le Pratz residence offers an excellent investment opportunity, with strong upside potential in a village where new property prices have risen by 15% in the last three years.
There are still a few vacancies. Don’t miss out!