Plans for a major new ski property development within the first and biggest eco village of its type in the French Alps are announced by the region’s leading developer, MGM.

Kalinda Village, comprising a brand new residence de tourisme of 250 ski-in, ski-out apartments for sale on a leaseback basis and an adjacent 28 bedroom hotel, is described as a state of the art example of sustainable development.

It forms part of the €150 million transformation of the old village of Tignes les Boisses into a modern ski centre re-named Tignes 1800. When it opens for business at the end of 2014, Tignes 1800 will, in effect, be a new gateway to all the established areas of the wider Tignes ski resort. Val d’Isere will be just five minutes away by road.

The new eco-village was planned in response to the need for new accommodation for 1,500 skiers in one of the most popular skiing areas in Europe while responding to the challenge of building a sustainable development. This included a strong desire to heat the properties in a cost effective way which conserves fossil fuels and has low carbon emissions, despite being located in one of the coldest places in Europe. Winter temperatures typically are around minus 20C.

Finished externally in traditional stone and timber, all the apartments will come with underground parking, cellar storage, locker rooms, laundry and drying rooms.

Each apartment will have exceptionally high levels of insulation with low cost under floor heating being supplied by an innovative new plant, the first of its type in the French Alps, run on wood waste pellets fuelling a 4,000 kilowatt boiler supplying heat to all the buildings in Tignes 1800.

Four star facilities within the residence will include an indoor pool, fitness suite, gym, sauna, jacuzzi and steam rooms, as well as a beauty centre with a variety of massages and treatments on offer.

The family orientated pedestrianised village of Tignes 1800 will include a tourist information centre, ten shops and a ski school. There will be a choice of bars and restaurants with frontages both on the village square and the piste. A conference centre will be located within the new hotel.

MGM’s apartments are expected to have special appeal for British families who can start buying the properties off plan now. Prices, which exclude French VAT at 19.6%, waived under the leaseback scheme, start at €205,000 for a one bedroom apartment with a floor area of 37.5 square meters rising to €822,000 for a five bedroom property with a floor area of 158 square meters.

Construction of the residence will start in the spring this year and 78 apartments in the first phase will be ready for occupation at the end of next year.