There may still be time to buy your very own French Ski Resort. Right on the time limit the anonymous bidder declared their identity. It is a company in the process of being created: SCCV Saint-Honoré, which has a capital of just 100 Euros and is based in Saint-Jorioz in the Haute-Savoie.
There is speculation that the company will not be able to raise the required capital before the deadline on the 7th of November. If this is the case a new sale will be organised in the New Year.
In a bizarre twist of events the Isère General Council (conseil général) has suspended state aid to four ski stations in the department and is encouraging them to convert to other activities.
Saint-Honoré is amongst the four, its ski domain is deemed to be too low and too large to be sustainable given the lack of hotels or appartments. This news comes on the heels that a Savoie company has acquired the resort with the intention of developing accommodation.
Saint-Honoré therefore risks finding itself with hotels and appartments… but no ski area!
Saint-Honoré is once again going to be auctioned today at the Courts in Grenoble, but this should be the last time.
The previous sale was cancelled after a higher bid was received after the last auction. This has lead to the new auction according to the rules.
The auction, between 3 participants represented by lawyers, took place in the law courts in Grenoble and lasted all of 12 minutes.
The station has finally, we hope, been sold for 1.62 million euros. The new owner has not been identified but the mayor hopes it is an organisation with real ambitions given the large sum involved.