Ski Investment in France French property for sale and rent.

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Listing1165 : Investment - various ways to purchase an apartment in this fantastic new development


Ski Investment in France - various ways to purchase an apartment in this fantastic new development

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Type: Leaseback Property
Year Built: 0

Status: For sale
Price for sale (euro): 200,233
SQ (m2): 0
Bedrooms: -----
Bathrooms:
WCs: 0
Weekly Letting Price (euro):
Contact Tel:

Contact email: click here


Town: Morillon
Region: Rhone-Alpes
Post Code:
Features:Water connected
Electricity connected
Telephone
Swimming Pool
Sauna
Cable TV
Parking
This beautiful new development is a luxury four star residence with extremely high quality fixtures and fittings. Le “Jardin des Neiges” will be in a stunning setting next to the slopes and is situated just several metres from the developers other residence, “Le Jardin Alpin”. It will comprise two main buildings with apartments ranging from spacious 1 bed to 4 bed duplex apartments. The development will be constructed in a traditional style with modern luxuries such as home cinema systems, LCD TVs, satellite system and internet access. Furthermore every apartment has been cleverly designed to make the most of the use of space and all master bedrooms have the added benefit of an en suite bathroom. The whole residence will be constructed from the finest materials including brushed wood and local stone and the added chimney will give the residence a cosy and traditional feel.


The apartments will have fully fitted kitchens and bathrooms and if bought on the leaseback scheme they will also be fully furnished to the highest specification. Facilities within the complex will include a central reception, wellness centre with hammam, sauna and swimming pool, shops, a lounge for all owners and guests to relax in, a restaurant, bar and hotel and catered services. Everything you need to enjoy the perfect stay is right on your doorstep. Delivery is scheduled for Summer 2009.



The Investment


There are various ways to purchase an apartment in this fantastic new development. Two options are on the leaseback scheme with a contract of 9 years and either a net guaranteed or variable rental income with flexible usage options. With both of these choices, the developer will fund the 19.6% VAT, meaning you do not have to go through the process to claim it back yourself after purchase. A number of apartments can also be bought as a classic purchase without the leaseback and all of the above options include reduced notaires fees.


Our understanding of the recent Finance Act indicates that hotels and apartments with hotel facilities, which are classed as commercial property may now be introduced in to a Self Invested Personal Pension. This is subject to it being reviewed and approved by a property-friendly SIPP provider and their legal advisors. We would strongly advise our clients seek independent professional advice into this complex matter.




The Location


Located just 15 minutes from the expressway in the Le Giffre valley, Morillon is part of the Grand Massif Ski Domain. As a result, this little traditional village boast a first rate ski area. The resort is family friendly, banning cars in one area of the resort and offering a wide choice of apres-ski facilities. Weekly torchlight descents, concerts and childrens activities are all part of the entertainments provided in Morillon. The charming village resort is appreciated for its natural environment, alpine splendour and endless space. Its wild scenery and fantastic panoramas will allow you to appreciate the simple outdoor pleasures of hiking, horse riding or fishing.


Morillon along with Flaine, Les Carroz, Samoens and Sixt, make up the Grand Massif, one of the greatest skiing domains in France. With 77 lifts covering 265km of slopes culminating at 2500m with spectacular views of Mont Blanc, the area provides for every level of skier or snowboarder.


Ski schools are available for all ages at Morillon - At Morillon 1100, the childrens village Village des Enfants, provides care for children ages 6 months to 10 years by the hour, half day or full day. Skiing tuition is available from age 3/4 when they start them off in their wonderful snow garden.


The town of Samoens is a short drive away and within 30-40 minutes drive you can also ski the Portes du Soleil (Morzine, Le Gets, Avoriaz) and the Chamonix valley. Great days out; Geneva with Lac Leman, the beautiful medieval town of Yvoire; Chamonix and the mountain train to Montenvers with a lovely restaurant and cable car to the ice caves - the list goes on.

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