Ski leaseback property Southern Alps French property for sale and rent.

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Listing892 : Ski leaseback :high specification 3 & 4 bedroom ski chalets


Ski leaseback property Southern Alps


chalets leaseback


property in Southern Alps

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Type: Chalet
Year Built: 0

Status: For sale
Price for sale (euro): 476,751
SQ (m2): 0
Bedrooms: -----
Bathrooms:
WCs: 0
Weekly Letting Price (euro):
Contact Tel:

Contact email: click here


Town: Isola 2000
Region: Riviera-Provence
Post Code:
Features:Water connected
Electricity connected
Telephone
" Les Chalets du Diva " is an new build development of 8 high specification 3 & 4 bedroom ski chalets situated at the entrance of the National park of Mercatour at Isola 2000. The ski station is a modern resort and is one of the most famous ski resorts of the Southern Alps and is lively place in both Winter & Summer. The medieval village of Isola is nearby with its 12th century church contrasting with the contempory Aquavallee fitness centre.
Isola 2000 is a high altitude resort at 2000m and offers 120km of predominately south facing piste serviced by 22 lifts as well as a snowpark, mogul field and heli-sking. This exceptional location in the Southern Alps is only 90km from Nice with its international airport and is just a short drive down to the Mediterannean coast and the attractions of the French Riviera.

" Les Chalets du Diva " are of good size ranging from 95m2 to 108m2 and are constructed in a traditional style with massive wooden walls and authentic stone whilst the internal finishing and furnishings will be of a high standard including traditional fireplaces and marble basins. The chalets also benefit from large terraces, private garage & cellars, and come fully furnished with equipped kitchens including white goods. Owners will also benefit from free access to local hotel style facilities including sauna and restaurant.

The development comprises 8 semi detached chalets scheduled for delivery late 2007:
4 three bedroom duplex units of 95m2 with terraces of 20m2 price excluding VAT €476,000
4 four bedroom duplex units of 108m2 with terraces of 20m2 price excluding VAT €551,000

The development is fully run and managed by the Eurogroup mangement company who operate under a "Residence de Tourism" status allowing owners to purchase the properties exclusive of VAT - a saving of 19.6% and attracting net rental yields of 4.5% for a pure investment option without usage. A choice of personal usage options is also available allowing 3 weeks use a year whilst still receiving lower returns of guaranteed income around 3.7% to 4.1%. From our experience, guaranteed rental incomes combined with high potential capital appreciation for quality properties in the Alps offer an an excellent investment opportunity.

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