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| > CHOOSE AN AREA | MONT BLANC | ANNECY - ARAVIS | GRAND MASSIF | PORTES DU SOLEIL | MERIBEL | ESPACE DIAMANT | | ||||||||||||||
| MORZINE | LES GETS | ST-JEAN-D'AULPS & VALLEY | CHATEL & VALLEY | AVORIAZ | ||||||||||||||
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New luxury apartment complex in Avoriaz from Pierre et Vacances. This development has sold very well and only a small percentage of the apartments remain (15 x 3 bedroom apartments and 20 x 2 bedroom). The remaining apartments are due to be completed in December 2012. Beyond the obvious attractions mentioned here the launching of this project has coincided with the 2018 Olympic bid which includes Avoriaz and a financial stimulus package from the French government, the "Loi Scellier". These things together have meant that sales of this project have really bucked the trend. New build properties at snow sure altitudes rarely come on the market. This development in Avoriaz ticks all the right boxes being at 1800 metres in the heart of the renowned Portes du Soleil ski area just over an hour from Geneva airport. The developer Pierre et Vacances offers a package with a guaranteed rental income, no management hassles and some excellent finance options. This is a lease-back development. This means that the property once purchased must be leased back to Pierre et Vacances for a 9 year period. Points to bear in mind with this form of purchase are: •The TVA is reclaimed by the developer, we thus list prices net of this TVA. •Any sale made within 9 years would be through Pierre et Vacances. •A set number of owner use weeks are defined in the sales contract, various options are available. •The apartments are sold furnished to a high standard. The apartments will have outstanding south west facing views, a private spa and swimming pool complex, and private underground parking. The prices and sizes range from: 398,000 euros excl VAT for a 2 bedroom 61m2 apartment to 1,021,000 euros excl VAT for a 4 bedroom 118m2 apartment. The quality of the furnishings and fittings will be to MGM standard (so the highest quality). The plans shown here are for apartment 206, 2 bedrooms and 60m2. Financial aspects • Only 2% reservation deposit required now • Guaranteed rent and no management fees • Very low overheads and no "hidden" charges The offers • Offer 1: Twenty weeks holiday entitlement available but no rental return • Offer 2: Eight weeks holiday entitlement available 2.7% rental return • Offer 3: Three weeks holiday entitlement available 3% rental return • Offer 4: Five weeks holiday entitlement available 2.8% rental return • Offer 5: No holidays taken with 3.5% rental return • Offer 6: No holidays taken and pre-indexed rents giving a 3.75% return | ||||||||||||
| SARL with a share capital of € 5.000 - Registered at the RCS of Thonon N° 508 578 556 Carte Professionnelle N° T 1557/74 provided by the Préfecture of the Haute Savoie Financial Guarantee of € 30.000 : LLOYDS France, 4 rue des Petits Pères 75002 PARIS ©2010 Alpine Property - all rights reserved | ||||||||||||||
