2 bedroom apartment for sale
France - Rhone Alps, Savoie, Les Menuires
like this property?Call: 03339 395235
- Newly Built Development with 10-years guarantee
- French Leaseback Scheme
- Freehold Ownership
- Ski in ski out & next to shops and facilities
- Luxurious apartments with amazing views
- 9 years guaranteed yield from 3.60 to 5.20% + free week-end
- Only €3,000 to book your property!
Property Type : From 1-bed to 4-bedroom apartments
Price in EURO : From €149,800 to €472,000 excl.VAT
Lease Length : 10 years, renewable
Guaranteed yield : Between 3.68% and 5.2%excl.VAT
Personal Occupancy : Yes, a la carte
Delivery Date : December 2015
Facilities : fitness, heated indoor pool, Hammam and sauna
The development is a brand new collection of 124 apartments. It enjoys one of the best locations in the entire resort. Set within one of the more traditional areas of Les Menuires, The residence is positioned next to the piste, meaning the properties are all ski-in and ski out and also benefits from proximity to the shops, restaurants and bakeries. The properties will be sold with covered parking spaces and ski lockers included in the purchase price. The apartments will be fully furnished and equipped to the 4* standards, guaranteeing very high quality finishes and high-end kitchens and bathrooms.
Price details excl.VAT: inclusive Furniture, ski locker and parking
1-bed: + balcony: From €149,800 to €222,800
1-bed + cabin: + balcony: From €214,200 to €327,200
2-bed: + balcony: From €208,200 to €390,200
2-bed + cabin: + balcony: From €286,600 to €411,600
3-bed: + balcony: €434,600
2-bed + 2-cabin: + balcony: €472,000
THE INVESTMENT DETAILS
The Lease Agreement:
The freehold apartments will be leased for 10 years by one of the second largest French tour operators. This is a leaseback investment with occupancy offering a net rental yield between 3.6% to 5.2% excl.VAT
PURE INVESTMENT OPTION
In this option, the investor will receive a yield between 3.6% and 5.2% excl.VAT with 1 week end stay.
A LA CARTE OPTION
This option is suited towards those who would like to use their ski receive returns of between 3.6% and 5.2% and then the total value of the usage they have chosen is deducted from their rental yield.
This ‘a la carte’ personal usage system enables people to choose when they would like to use their property throughout the year, up to a maximum of 8 weeks per year. Each period of usage has its own usage value and the total usage value is then deducted from an owners rental yield.
A la carte (Winter / Summer):
Very high season: W: 0.7% / S: 0.2%
High season: W: 0.5% / S: 0.15%
Mid season: W: 0.3% / S: 0.1%
Low & weekends: W: 0.1% / S: 0.05%
Full details are in the brochure.
The Management Company: MMV
The residence to fall into the leaseback scheme there is a lease agreement that will bind the owner with a selected management company. The one selected for this residence is one of the major management companies in the tourist residence and hotel management in ski and seaside areas. It has been chosen for being renowned for its high management service delivered to its clients.
The VAT Refund:
By signing a management agreement for 10 years, the VAT of 20% that is included in the purchase price of all new properties in France is fully refundable to the owner by the government following completion of the development. VAT paid within the purchase price of the parking and furniture package will also be refunded.
In this development, the developer will advance the VAT payment for you!
Location: Les Menuires
Les Menuires has some of the best snow records in the Alps and it is the first ski destination in Europe. It is lively and family-friendly. Les Menuires is a good gateway into famous Les Trois Vallées, which has some of the best Alpine skiing. One of the most extensively linked ski areas in the world, The Three Valleys has a massive 600km of pistes. There is a great choice of terrain, making it suitable for all levels of skiers and boarders. Located high within the Three Valleys, Les Menuires usually has some of the best snow conditions to be found in France. Access to the well-known resorts of Meribel and Courchevel is easy, and there are many restaurants and bars on the slopes in all of the Three valley ski domain.
300 km of ski runs which is half the ski runs in the 3 valleys ski domain
100% snow guaranteed from Christmas till May
Family friendly and dual season (summer and winter activities)
Exceptional infrastructure guarantees ski in ski out and linked to other ski resorts: (Courchevel, La Tania, Saint Martin de Belleville, Meribel, and Val Thorens)
Airports: Lyon Saint-Exupéry (183 km); Geneva (143 km); From Britain: Chambéry (100 km).
TGV Moûtiers (27 km) Eurostar ‘London-Moûtiers’. Thalys: Antwerp and Brussels for departures from Belgium, Amsterdam and Rotterdam for departures from Holland.
A43 to Albertville; dual carriageway as far as Moûtiers, then D915 for 27 km to Les Ménuires.