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Type: Leaseback Property Year Built: 0 Status: For sale Price for sale (euro): 54,000 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 66 Appartments located directly on the ski slopes with incredible views. Pure investment opportunity with guaranteed rental incomes and no personal usage for initial leaseback term. 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. The Development This development consists of 66 studio and 1 bedroom appartments all with private balconies and is situated in the resort of 1750. It is located directly on the slopes and only 500 metres from the resort facilities including the shops and restaurants. The views from the appartments are fantastic from every aspect, to the south and west are the mountains and to the north are the pistes. There is also the added benefit of a heated indoor swimming pool within the building. The Investment 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. An initial 13 year lease is offered providing index-linked rental yields of 4.8% on the net purchase price, during which time no personal usage is allowed. This secured investment has the added bonus of an income stream beginning in April 2007, as the development is ready to use and there is already an existing management company in place. Send to a Friend:  Send to a Friend-Click Here