Le 516 as proposed Le 516 as it stands
As it stands As proposed
516 Route Notre-Dame-du-Pré · Savoie

A house worth crossing a continent for.

Four thousand square feet above the Tarentaise. Ten minutes from a confirmed 2030 Olympic venue, twenty from the Trois Vallées. Owned outright, awaiting €250,000 and a considered hand.

Draw across
€250,000
Renovation
4,000
Square feet
Five
Bedrooms
2030
Olympic Games
The Fabric

Charred timber, river stone, raw oak.

A material palette drawn from the valley itself — nothing imported, nothing decorative. Living quarters sit above so the mountains meet you first, and the terrace opens south to hold the light until it goes.

Habitable space
4,000 sq ft on completion
Bedrooms
Five — three en-suite, three further bathrooms
Arrangement
Upside-down living, panoramic upper floor
Exterior
Yakisugi timber, local stone, standing seam roof
Grounds
Pool, terrace, outdoor kitchen, planted banks
Title
Owned outright — unencumbered, no debt
Skiing
La Plagne Aime ten minutes · Méribel and the Trois Vallées twenty
Summer
Cycling, hiking, alpine lakes from the door
Rail
Moûtiers TGV twelve minutes — direct Eurostar Snow Train from London
Air
Lyon one hour forty-five · Grenoble two hours · Geneva two hours thirty
Commune
Notre-Dame-du-Pré, Savoie
Programme
Eighteen months to first guests
Rear elevation as proposed, winter Rear elevation as it stands
Rear elevation · draw across

The south side, opened to the light.

The House

Somewhere to gather, not merely to stay.

A long table that seats twelve. A fire that stays lit. Boots by the door and something slow in the oven. Le 516 is conceived less as a rental than as a house you are lent for a week — the kind guests describe to friends by name rather than by listing.

The table
Twelve seated, open to the kitchen
The fire
Double-sided hearth between living and terrace
The terrace
South-facing, pool, outdoor kitchen, held light until dusk
The return
Boot room, drying racks, ski store off the entrance
The mornings
Lifts in ten minutes, trailheads at the gate
The guest
Groups of eight to twelve, a week at a time, booking direct
The upper floor as proposed The upper floor as it stands
As it stands As proposed
The upper floor · draw across

A barn loft, and what it becomes.

The living room at dusk The living room by day
Day Dusk
The living floor · draw across

The same room, twelve hours apart.

Principal bathroom as proposed The room as it stands
As it stands As proposed
Principal bathroom · draw across

Floral paper to limewash and stone.

Le 516 in winter
Front elevation · winter
The Setting

The valley is about to be watched by the world.

La Plagne is confirmed for 2030. The infrastructure is financed, the date is fixed. This is not a wager on a valley improving — it is a calendar entry with capital already committed against it. And the house sits between two domains: La Plagne to the north, the Trois Vallées twenty minutes south.

€101M
Valley lift
A new link carrying arrivals from Aime SNCF directly to the slopes.
+200%
Nightly rates
Observed at Cortina through the 2026 Games against the prior year.
+8%
Yield growth
Projected across Olympic clusters, with values up 3–8% on announcement.
12 min
To the TGV
Moûtiers station, served direct from London by the Eurostar Snow Train. No transfer, no flight.
The lift network above La Plagne
La Plagne · ten minutes from the door
Returns

Modelled quietly, without optimism.

Against £300 a night and £1,800 a week. Net figures allow a full quarter for management and running costs. Yield is measured against the €250,000 renovation, not the value of the asset.

ScenarioGrossCostsNetYield
Conservative16 weeks · £1,600£25,600£6,400£19,2007.7%
Base22 weeks · £1,800£39,600£9,900£29,70011.9%
Olympic year28 weeks · £2,400£67,200£16,800£50,40020.2%

Two seasons carry the property rather than one: skiing through winter, then cycling, hiking and the lakes through summer. Host regions typically hold demand well above their pre-Games baseline once the Games have passed.

Terms

Three positions on the curve.

Take a secured fixed return, participate in the upside, or hold both at once. Every position carries a defined exit — buyout at independent valuation from year five, or on sale.

One
Fixed return
9%
per annum · five years
€250,000 lent against an unencumbered title, secured by first charge. €22,500 each year, €112,500 across the term, capital returned in full at close.
Secured
Two
Equity share
20%
income & capital uplift
A six percent preferred return on net income, then twenty percent of the balance each year. On sale, twenty percent of the uplift measured from the property's present value of €300,000. Buyout at independent valuation available from year five.
Participating
Three
Hybrid
8% + 10%
fixed floor, participating upside
€125,000 lent at eight percent alongside €125,000 for a ten percent share on the same terms as Option Two. The fixed leg holds the floor; the equity leg keeps the upside. Same year-five buyout.
Balanced

Present value of the property is €300,000, unencumbered. Capital uplift is measured from that figure. Illustrative only, not a financial promotion, and not an offer of securities — terms are subject to contract and independent legal advice on both sides.

The Ask

€250,000, itemised.

Every line costed, with a full ten percent of construction works held in reserve. Eighteen months to first guests — two full seasons of reviews before the Games arrive.

ExteriorFacades, roofing, windows, shutters€53,000
InteriorFull refit — kitchen, bathrooms, joinery€60,000
Plumbing & electricalFirst and second fix, heating, distribution€17,000
GroundsPool, terrace, outdoor kitchen, planting€60,000
Construction works€190,000
ContingencyTen percent of construction works€19,000
Fit-outFurnishings, linens, systems€26,000
Project managementArchitect, contractors, site visits€15,000
Total€250,000
Q3 2026Investment closes, planning begins
Q4 2026Architect appointed, permits secured
Q1 2027Construction commences
Q3 2027Interior fit-out
Q4 2027Pool and grounds complete
Q1 2028First guests
Feb 2030Winter Olympic Games, La Plagne
The Work

Finished to a standard that sets its own rate.

Not competing with the chalets around it. Occupying a category they do not reach.

Front elevation, winter
Front · winter
The upper floor
The upper floor
The living floor at dusk
The living floor · dusk
Provenance

Proven in London.
Published nationally.

A period house taken back to brick and rebuilt entire, extension included — delivered to time and to budget, and carried by two national interiors titles. The same hand now turns to Savoie.

Homes & Gardens

Feature editorial

Kitchens Bedrooms & Bathrooms

Design showcase

London renovation, kitchen
London · kitchen and garden room

Le 516 is waiting to be woken.

The title is clear. The Games are fixed. The drawings are done. What remains is the right partner.

Request the deck Arrange a call
Tom Lipop tl@tlipop.com +44 7894 330 040