Press Release: The Search for Ski Property Turns West

Monday, October 12th, 2009

Posted by Overseas Property Mall in Press Releases

For immediate release: October 12^th, 2009

The search for ski property turns west

L: Skiing on Saddleback Mountain, overlooking Rangley Lakes, Maine; R: Rangley Lakes Lodges exterior

The near-parity of the British Pound and the Euro is inspiring British buyers to look west rather than east for a ski property.

Buying a second home in an American ski resort is looking far more practical than a chalet in the Alps this year as everything, from property and furnishings to hot chocolate and lift passes, is more affordable in North America than in Europe.

UK developer Richard Jennings, managing director of New England Concepts, has taken advantage of the evolving financial landscape to seek out value in certain New England ski resorts that are well known in America but not yet familiar to European buyers.

“House prices in New England never rose to the soaring heights they did elsewhere in America, and in keeping with the conservative values typical of this region, prices are slowly rising again. UK buyers can now secure some exceptional properties in sought after resorts that at present exchange rates are almost half those in Europe.”

A popular tourist destination, Maine attracts visitors year-round – to the lakes and the coast in the summer, to the ski slopes in the winter and in other seasons, they scatter around the state to enjoy the full range of outdoor sports, including golf, hunting (usually deer, moose and bear), fishing, camping, hiking, mountain biking and riding.

New Hampshire, known as the “granite state” boasts the majestic White Mountains region at its hub and provides a wide selection of ski resorts, from the world renowned Bretton Woods to Loon Mountain, and many other smaller resorts with a distinctly ‘friendly’ feel.

Boston is the main transport hub for both Maine and New Hampshire and a large number of direct flights travel from the UK to Boston weekly.

Rental and property management services are available through New England Concepts and its partners, to provide ease of ownership.

The three ski orientated developments for sale through New England Concepts are:

Rangeley Lakes Lodges, Maine

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Three and four-bedroom contemporary, four season duplex lodges in Maine’s unspoilt Rangeley Lakes region, offering totally panoramic lake views within walking distance of the quaint New England town centre.

Superb downhill skiing is a mere five minutes drive away at Saddleback Mountain ski area, with 59 alpine ski trails. Saddleback has the highest base elevation of any ski resort in New England and a summit elevation of over 4,120 feet.

Annual snowfall is over 200 inches but Saddleback also has an extensive snowmaking system for its five lifts (one quad, two double chair lifts and two T-bars). The resort offers a cafeteria, lounge, equipment rentals, retail shop, ski school and nursery.

Additionally, there are more than 75 km of groomed cross-country ski trails in the area.

Rental demand is healthy throughout the year with spectacular foliage during the autumn.

Prices start from $375,000 for a three-bedroom duplex lodge.

Village at Fox Run, New Hampshire

Three- and four-bedroom detached homes literally minutes from both Waterville Valley and Loon Mountain ski resorts that both boast extensive ski terrain. There are also the added advantages of being less than two hours drive from Boston and also being situated within a world-class golf resort.

Cross country ski trails criss-cross the resort and the aptly named White Mountain’s National Forest is literally on your doorstep, opening up nine other ski resorts within a one hours drive.

These homes have a big ‘green’ bias with a special energy package that makes the homes almost energy neutral. Wind turbines, ground to air heat pumps and solar panels all ensure extremely cost effective running costs.

Allied with healthy and year round rental estimates and on-site rental management facilities, this is one of New England Concepts’ most popular developments.

Prices start at $399,000 for a three-bedroom detached home.

Fall Line@Sugarloaf, Maine

Fall Line @ Sugarloaf, a development of one, two and three-bedroom trailside townhouses adjacent to Sugarloaf’s Snubber chairlift, offers an opportunity to own a four season resort property at one of New England’s premier destinations.

Located in the unspoilt and awe-inspiring Carrabassett Valley, Maine, these beautifully finished and energy efficient homes offer access not only to the vast network of ski trails at Sugarloaf in the winter, but also to the Robert Trent Jones Junior golf course at Sugarloaf, which the designer himself said is "one of the most spectacular courses I’ve ever been associated with."

With a vertical drop of 2,820 feet, Sugarloaf Mountain is the third highest within North East America and has the most continuous vertical run in New England. The long and snow-sure ski season runs from early December through to late April.

All levels of skier ability are catered for in the vast network of 133 groomed trails that includes 21 double black diamonds. The area is a real ski enthusiasts dream with the ten-year snowfall average being more than five metres per season.

Prices:

1 bed homes (685 sq/ft) from $175,000
2 bed, 2 bath homes (997 sq/ft) from $265,000
3 bed, 2 ½ bath homes (1183 sq/ft) from $310,000
3 bed, 3 ½ bath homes with finished basements (approx 2000 sq/ft) from $385,000

CONTACT – SALES

For more information about buying at Rangeley Lakes Lodges, the Village at Fox Run or Fall Line@Sugarloaf, please contact New England Concepts, Tel: 01423 816 155 or Visit: www.newenglandconcepts.com