3 bedroom apartment for sale
Les Menuires, Savoie, France
like this property?Call: 03339 395502
- 1 to 4-bedroom apartments
- Sauna, pool and Spa
- Tax-free rental income
- Top 3 Valley ski domain
- Ski in ski out & next to shops and facilities
- Excellent value & personal use options
- 9 floors giving top views with many apartments west or south
It is ski in ski out (by Bettex blue slope) and you are 100 yards from lifts for pedestrians and other ski lifts as well as luge area. This new development will offer superb facilities like a heated indoor swimming pool, sauna, steam bath, hot tub, gym as well as a kid's club.
The apartments are fully furnished with equipped kitchen and bathroom, tiled floors or parquet, a ski locker and private underground parking. There are lounges and relax areas in residence as well as a laundry room. Only 3,000EUR deposit to reserve.
This is the development with a bank guarantee on your rental income (also guaranteed by contract).
Examples of prices fully-furnished including parking + ski locker:
-1 bedroom apartment sleeping 4: 155-184,000 euros
-2 bedroom apartment sleeping 6: 198-316,000 euros
-3 bedroom apartment sleeping 8: 311,000-452,000 euros
-4 bedroom apartment sleeping 8-10: 479,000-496,000 euros
Deposit to reserve an apartment is only 3,000 euros onto escrow account. Delivery is 4th quarter 2016 (Phase 1) & 4th quarter 2017 (Phase 2)
Guaranteed yield 9 years by contract from 3.60 to 5.20% + free week-end. Also personal use very flexible up to 8 weeks each year + each owner is allowed to use the property during the 'inter-season' (May-June & Sept-Nov) for just 70 euros per week to cover admin/utility charges.
Coefficient system to deduct from yield to calculate personal use:
-0.70%/very high season week (0.20% summer)
-0.50%/high season week (0.15% summer)
-0.30%/mid season week (0.10% summer)
-0.10% low season week or week-end (0.05% summer)
3 Valley ski domain is biggest ski domain in the world with half of pistes for beginners and other half for expert skiing.
Geneva, Grenoble and Lyon airports
Trains to Moutiers then bus.