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Type: Leaseback Property Year Built: 0 Status: For sale Price for sale (euro): 363,802 SQ (m2): 63 Bedrooms: ----- Bathrooms: WCs: 0 Weekly Letting Price (euro): Contact Tel: Contact email: click here Town: Les Menuires, Savoie Region: Rhone-Alpes Post Code: Features: Water connected Electricity connected Telephone Parking The Development The residence is a major refurbishment project and will have re-rendered facades as well as entirely renovated reception and communal areas. It is located in the liveliest district of the resort, Bruyeres, right next door to the ski lifts (ski in, ski out). Also a few seconds away are the French Ski School, swimming pool, ice rink and sports room, as well as numerous shops, restaurants, bars, and nightclubs. The development consists of 46 apartments, all of which have been reorganised and restructured to create more spacious and comfortable interiors. The 2/3 bedroom apartments that have come back on the market are both very spacious 2/3 bedrooms (62.3m2) with a small private balcony. They each sleep nine people and are on the 2nd and 3rd floor. Delivery is due for December 2007. The Resort Les Menuires is situated at the heart of the legendary Three Valleys ski area. It is a dynamic resort, with the Bruyeres district being one of the liveliest in the resort. Located at an altitude of 1850 in the Vanoise Massif, Savoie, Les Menuires is practically guaranteed fantastic snow conditions. The Valley includes 3 of the most renowned resorts in Europe: Meribel, Courchevel and Val Thorens. Sunshine is also guaranteed in this area thanks to a network of mainly east and west facing slopes. The Three Valleys ski area incorporates 600km of piste and 200 ski lifts. It is a ski area linking Val Thorens, Saint-Martin, Meribel, La Tania and Courchevel. There is a wide range of slopes for all levels of skiers and boarders and a wide variety of landscapes and atmospheres in an area covering 1400km2. The resort of Les Menuires is a family resort adhering to the "Petits Montagnards" charter, with a mini-club, leisure centre for 3-6 year olds, Lugeland and Chateau Toboggan. It is possible to ski around the resort and there is lively apres-ski in the area. Other activities include a sports and water complex, aquaclub area, snowbiking, sledging and paragliding. The investment This is a freehold leaseback property managed by one of the largest management companies in France, Pierre et Vacances It is financed on the NET price meaning that the managment company will pay the VAT for you, so no need to claim it back. The property is furnished and you will be offered a net guaranteed annual rental income of 4%. This is a hassle free investment. Personal usage options are available with a lower rental yield and these are as follows: Option 1: No usage. 4% net guaranteed rental yield Option 2: 3 week plan. 3.6% net guaranteed rental yield plus 1 week mid winter season, 1 week low winter season and 1 week in the summer season. Option 3: 3 week plan. 3.2% net guaranteed rental yield plus 1 week very high winter season, 1 week mid winter season and 1 week in summer. Option 4: 6 week plan. 2.5% net guaranteed rental yield plus 1 week very high winter season, 1 week high winter season, 1 week mid winter season, 1 week low winter season and 2 weeks in summer. If you are interested in this property we would strongly advise contacting our ski specialists by phone. There are only two of these properties available and they will not be available for very long! Send to a Friend:  Send to a Friend-Click Here