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Type: Leaseback Property Year Built: 0 Status: For sale Price for sale (euro): 121,241 SQ (m2): 0 Bedrooms: ----- Bathrooms: WCs: 0 Weekly Letting Price (euro): Contact Tel: Contact email: click here Town: Les Sybelles, Savoie Region: Rhone-Alpes Post Code: Features: Water connected Telephone Parking This is a new traditional style development that sold out extremely quickly in France. Previously unreleased to the UK market, 6 new apartments ranging from studios to 3 bed plus cabine apartments have now become available. Situated just 100 metres from the ski lift and walking ditance from the shops and facilities, this residence will be in keeping with the traditional architecture in St Sorlin d Arves. Offering stunning panoramic views of the mountains and the pistes, the 51 apartments will be finished to a very high standard and all will come with underground or exterior parking, ski lockers and fully fitted kitchen and bathroom. Facilities within the complex will include a swimming pool and sauna. The delivery date for the development will be December 2007, with the rental yields starting soon after. The Location Saint Sorlin d Arves lies at an altitude of 1600 metres, dominated by a glacier at 3,464 metres and at the heart of the Maurienne Valley in Savoie. An unspoilt traditional village, Saint Sorlin dArves is one of the resorts that makes up the ski area of Les Sybelles, the fourth largest in France with over 310 km of pistes. Along with other resorts in the ski domain of Les Sybelles, Saint Sorlin d Arves has recently expanded in keeping with the local architecture and as a result has attracted some major UK tour operators making it an excellent place to invest. The Investment This is a leaseback that can be financed on either the net price or the gross price with the purchaser claiming back the VAT. The management company looking after the development for 11 years and 9 months will be Holydream, who specialise in leaseback developments. They are a subsidiary of Groupe MMP, who are the principal managers of the ski lifts in Les Sybelles. Send to a Friend:  Send to a Friend-Click Here