News, Culture & Society

George Osborne buys £3m three-storey ski chalet

Après MP! George Osborne buys £3m three-storey ski chalet near Sir Richard Branson’s luxury lodge in exclusive Swiss Alps resort

  • The three-storey property is situated in the upmarket ski resort of Verbier
  • Verbier, in Switzerland, is the main resort of the ‘Four Valleys’ ski area
  • Among the notable names that have flown over to the resort are Barack Obama, Madonna and Bear Grylls

Former chancellor of the Exchequer George Osborne has purchased a luxury £3million chalet in the Swiss Alps, The Times has reported.

The three-storey property, situated in the upmarket ski resort of Verbier, Switzerland, sits a stones throw away from Virgin founder Sir Richard Branson’s lodge and comes with a large drink terrace.

The new purchase comes eight years after Mr Osborne came under fire for going on a ski holiday as he sought to balance the books and raise VAT to 20 per cent in what he called an ‘unavoidable budget’.

George Osborne (pictured with wife Frances Osborne) has purchased a luxury £3million chalet in Verbier

The stunning £3million chalet purchased by Mr Osborne sits in the ski resort of Verbier, Switzerland

The stunning £3million chalet purchased by Mr Osborne sits in the ski resort of Verbier, Switzerland

The three-storey property sits a stones throw away from Virgin founder Sir Richard Branson's lodge 

The three-storey property sits a stones throw away from Virgin founder Sir Richard Branson’s lodge 

The living room inside the luxury property reveals wooden floors and a dining area  

The living room inside the luxury property reveals wooden floors and a dining area  

A step inside the spacious kitchen reveals a marble worktop and a wooden interior

A step inside the spacious kitchen reveals a marble worktop and a wooden interior

The kitchen inside the property comes with a window that offers natural light to flood through 

The kitchen inside the property comes with a window that offers natural light to flood through 

The famous ski resort, which attracts hundreds of avid skiers from across the globe, has also become a popular destination for the rich and famous wishing to build a holiday home in the Alpine village.

Among the notable names that have flown over to the icy resort are Barack Obama, Madonna, British adventurer Bear Grylls, singer James and former England rugby player Lawrence Dallaglio. 

Other famous names making an appearance at the expensive ski resort include superbike racer Carl Foggarty and musician Ed Sheeran. 

From the £3million chalet, residents are offered a spectacular view of the Alpine village outside

From the £3million chalet, residents are offered a spectacular view of the Alpine village outside

One of the bedroom's inside the chalet comes with a warm wooden exterior and a spacious area

One of the bedroom’s inside the chalet comes with a warm wooden exterior and a spacious area

The chalet allows spectacular views of the picturesque Alpine village and covers 192.5 square metres

The chalet allows spectacular views of the picturesque Alpine village and covers 192.5 square metres

The bathroom inside the luxury property provides its residents with two sinks, a shower and a bathtub

The bathroom inside the luxury property provides its residents with two sinks, a shower and a bathtub

The property also comes with a large drink terrace and offers breathtaking views over the mountains

The property also comes with a large drink terrace and offers breathtaking views over the mountains

The famous ski resort has also become a popular destination for Hollywood A-listers and the rich and famous 

The famous ski resort has also become a popular destination for Hollywood A-listers and the rich and famous 

The three-storey property is situated in the Switzerland ski resort of Verbier and attracts avid skiers from across the globe

The three-storey property is situated in the Switzerland ski resort of Verbier and attracts avid skiers from across the globe

In 2015, the Prince Andrew and his former wife Sarah Ferguson also set their sights on the snowy landscape in the Switzerland resort to purchase an incredible £13million chalet. 

Verbier, which offers spectacular views of the summit of the Mont-Fort glacier and is the main resort of the ‘Four Valleys’ ski area, is a popular destination for those with cash to splash. 

It is also home to the classical music event, the Verbier Festival, and the Grand Raid Cristalp mountain biking competition. 

Since their arrival the Osborne’s have also become the talk of the town, with one local estate agent telling The Times: ‘We’ve had people coming into the shop saying, ”Have you heard about George!”’

At 192.5 square metres, the stunning chalet also falls within Switzerland law which states foreign buyers must only buy one property which does not exceed 200 square metres. 

After leaving his post at Chancellor, Osborne has gone on to become editor of the Evening Standard is also adviser to the world’s largest investment firm, Blackrock.

Read more at DailyMail.co.uk