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| Type: Leaseback Property Year Built: 0
Status: For sale
| Price for sale (euro): 88,538 SQ (m2): 0 Bedrooms: ----- Bathrooms: WCs: 0 Weekly Letting Price (euro): | | | Contact Tel:
Contact email: click here | Town: Chamrousse, Isere Region: Rhone-Alpes
Post Code:
| | Features: | Water connected Electricity connected Telephone Swimming Pool Parking
| | | The Development
A residence of two 4 to 5 storey buildings with a 450m2 spa complex. The apartments, ranging from studios to 3 bedrooms open onto large terraces with panoramic views. The interiors of the apartments will be warm and welcoming and will come with fully fitted kitchens including fridge, freezer and dishwasher. Each apartment will also have a private ski locker and parking space or garage. Delivery is scheduled for the first quarter 2008.
Les Balcons de Recoin is in an exceptional location at the heart of the resort, with all local amenities only a couple of minutes walk away. It is even possible to ski up to the front door of the residence. Onsite facilities will include a swimming pool, sauna, spa, reception area and lounge with panoramic mountain views.
Delivery scheduled for 1st quarter 2008.
The Location
Chamrousse is situated in the Isere region, half an hour away from Grenoble. Located at an altitude of 1700 metres at the South of the splendid Belledonne mountain range, the resort of Chamrousse dominates the valley of Grenoble with penetrating views over the surrounding mountain ranges of the Oisan, the Vercors and Chartreuse.
Chamrousse links together two winter sports resorts which are connected by a regular shuttle service. “Recoin” at Chamrousse at an altitude of 1650m and “Roche Béranger” at Chamrousse at an altitude of 1750m. These two combined resorts offer an excellent range of facilities and have been the “cradle” of Alpine skiing for over a century. The combined skiing area has 77km of marked trails reserved for Alpine skiing and also 40 km of cross country skiing trails in the forest plateau of Arselle. There are pistes for boarders and skiers of all levels to enjoy, aswell as a snow park and mini boardercross. There are a whole host of activities as well as skiing such as paragliding, hiking, climbing and golf making the resort a perfect all year round holiday destination.
With low entry price levels, this development is a fantastic investment opportunity with guaranteed rental incomes secured through a commercial management contract under the French government sponsored leaseback scheme, with a full 19.6% VAT refund. An initial 11 year lease is offered providing guaranteed rental yields of 4% index-linked to the net purchase price in addition to 2 weeks personal usage.
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