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Type: Leaseback Property Year Built: 0 Status: For sale Price for sale (euro): 70,363 SQ (m2): 0 Bedrooms: ----- Bathrooms: WCs: 0 Weekly Letting Price (euro): Contact Tel: Contact email: click here Town: Isere Region: Rhone-Alpes Post Code: Features: Water connected Electricity connected Telephone Swimming Pool Sauna Cable TV Parking Investment opportunity to buy leaseback apartments in beautiful and peaceful surroundings. Up to 5.1% net rental yield. The Location Allevard les Bains is in the sought after Isere region, situated at an altitude of 475m. Located at the bottom of the Vallee du Gresivaudan and dominated by the Belledone Massif, this idyllic and peaceful place is only half an hour from both Grenoble and Chambery. This beautiful town is famous for its thermal baths and is supplied by the Breda stream, which is sourced from the plateau of lakes from 7 Laux, high up in the mountains. It is an area steeped in history including that of the Tour de Treil dating back to the 15th century. Due to the ideal location of this spa town, it is a fantastic place for both Summer and Winter holidays. Only 11km from Collet dAllevard and 25km from Le Pleynet/Les 7 Laux, this resort has the benefit of two ski resorts close by. It is also only 1 hour away from the Three Valleys and Val Thorens, some of the biggest ski resorts in the world. The Allevard region also joins together numerous authentic villages and it is a fantastic base for visiting the rest of France. In the Summer there are various activities to enjoy such as paragliding, climbing, mountain biking, 300km of way marked footpaths and professional tree climbing!Add to this one of the largest and best places to shop located only an hour away in Lyon and there is something for everyone to enjoy. The Development Le Splendid is a recently renovated hotel, which has kept all the charm of its original architecture. It offers 125 apartments from studios to two beds, with an unimpeded view over the mountains. Each apartment comes fully furnished including a fitted kitchen and bathroom and all appliances needed. Set in a fantastic area, the development is only five minutes away from the thermal baths, five minutes from the casino and five minutes from the stunning lake Allevard. The residence is being marketed under the tax free leaseback scheme which guarantees net rental yields of up to 5.1%. The commercial lease is for a period of 11 years and 11 months with the company Residhotel who are renowned specialists in the management of hotel residences in the mountains, by the sea and in the countryside and town. The property has the added benefit of immediate signature and therefore an almost immediate income stream. Personal usage is also possible with a slight reduction in net rental yield. Send to a Friend:  Send to a Friend-Click Here