Press Release

Sphere Estates appointed as international sales agent for Residence Alex, Verbier, Switzerland

Sphere Estates has been appointed as international sales agent for Residence Alex, the most exclusive apartment and penthouse project ever built in Verbier, Switzerland.

Located in the heart of the town, the building consists of 13 apartments and penthouses with seven remaining for sale including three bedroom apartments (from 285 sq m) and a four bedroom penthouse (431 sq m).

Residence Alex is within walking distance of the shops, restaurants and the Medran ski lift and combines the best of everything from construction materials to modern technology to the magnificent indoor pool and full time concierge services on demand.

Each apartment has its own private Turkish bath, fitness room, laundry room, ski room and cellar on the lower floor with direct access to the impressive indoor swimming pool and relaxation area which is for the exclusive use of residents.

The beautiful mountain resort of Verbier in the Four Valleys is not only one of the most popular Alpine destinations in Switzerland, but it is also Sphere Estates best performing ski destination over the last year.

With over 410 km of piste and a range of runs from the gentle Les Esserts to the challenging bumps of Tortin, there is plenty for both active and advanced skiers. Verbier is also recognised as one the premier off piste resorts in the world. The après ski scene is just as well known with a justifiably high reputation. In the summer time, there are 400 km of hiking trails and 200km of mountain bike paths plus climbing, paragliding, golf and an annual music festival, meaning the resort is nearly as popular during the summer as in winter.

Antoine Le Corre, general manager of the Sphere Estates’ Swiss office said:  “There are strict restrictions on foreign ownership in many of the top resorts in Switzerland, including Verbier, so supply is tight and this has buoyed demand and pricing can be in excess of CHF 30,000 per sq m for the very top end. All the apartments and the penthouse at Residence Alex are available for sale to foreign buyers so this is a unique opportunity to own a landmark Alpine residence in Verbier.”

No other properties will be built in front of Residence Alex so the magnificent unobstructed views of the majestic Combins and the foothills of the Mont Blanc massif can be enjoyed forever.

The first apartments were delivered to their new owners in December 2015 and the remaining properties will be completed for delivery in the second half of 2016. Minor internal modifications and choice of fit out is still possible for four of the apartments.

Communications in Switzerland are excellent. Verbier can be accessed by road or by train. The nearest international airport is Geneva, minibus transfers are available from the airport to the centre of Verbier during the winter ski season

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