Just a 3-minute walk from the Mont d'Arbois ski lifts and a 5-minute drive from the historic center of Megève, this rare project offers a unique renovation opportunity in one of the most sought-after areas of the Alps. An idyllic setting and great potential: This 209 sqm chalet spread over 4 levels, with panoramic mountain views, is located on a plot of 873 sqm. Two renovation configurations were studied: - Option 1: Two duplexes of 124 sqm and 91.1 sqm respectively, with large living spaces, en-suite bedrooms, unobstructed views and high-end finishes. - Option 2: A spacious triplex of 128.7 sqm and an independent apartment of 79.7 sqm, ideal for accommodating a large family or creating a mix of main residence / second home / rental. A unique possibility of extension: The land also allows the construction of a new 150 sqm chalet, discreetly connected by an underground car park to the existing structure. A building permit has already been obtained, which allows a rapid start of the works. Estimated rental income: up to EUR560,000 / year Projected gross profitability: 11.1% Estimated capital gain over 10 years: EUR1,750,000 Asset valuation thanks to the growing attractiveness of Megève in summer and winter. We support you from A to Z in your renovation project: - Architectural study and monitoring of the works - Complete profitability file and budget schedule already available - Possibility of fully delegating the management of the site and the rental. Photos are not contractual.