2 bedroom apartment for sale
France - Rhone Alps, Savoie, Ste-Foy-Tarentaise
like this property?Call: 03339 395380
- Savoyard two bed cabin apartment
- 50 sqm of interior space + terrace
- Amazing views across the valleys
- Leaseback property
- Fully managed property rentals
- Highly flexible usage options
- Private spa with pool, sauna & hammam
- 400m from the slopes
- Communal areas include lounge bar & terrace
Located in the heart of the resort, this two bedroom apartments are just 400m from the main pistes and lifts, making them perfect for those looking for a ski pad or larger family-sized ski apartment. Being part of a Residence de Tourisme development, these properties come with full property management, handled by the experienced team onsite which is already successfully managing rentals.
The properties are owned freehold just like any other, but then leased back to a management company in exchange for a rental income, the value of which depends on the amount of time the owner spends at the property.
These apartments come with very flexible usage options. Scenarios for one week, four week & six week usage options have been created, although the developer is happy to create bespoke plans to work with an owner’s usage requirements.
WHAT IS A LEASEBACK PROPERTY?
The Leaseback structure is a very popular way of buying property in France. Purchasers benefit from a government-backed VAT-refund incentive via a freehold ownership of a property. This property, be it an apartment or house, is leased back to a management company for a minimum period of 9 years, with the investor benefitting from guaranteed annual rental returns from their fully managed and maintained property, relatively low up-front costs and no on-going maintenance or running charges.
GET TO KNOW THE AREA
At 1500m, the village of Sainte Foy en Tarentaise offers family skiing on the doorstep, with the huge skiing regions of the Paradiski and l’Espace Killy both within easy reach. Surrounded by the mountains and forests of the Vanoise National Park, Sainte Foy is a traditional Tarentaise village, which offers a quiet and peaceful lifestyle as well as lots of local facilities.
Offering breath taking views of the valley, this fast growing mountain station is becoming increasingly popular with investors, as its traditional Savoyard feel is to be strictly maintained whilst the village infrastructure grows.