Font-Romeu - Leaseback 1 bedroom apartments with terrace

Price:  

€175,513

£*

$*

 
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Ref: 43654

1 bedrooms

Living space: 41 sqm

Swimming pool: Yes

 

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This new build residence Le Grand Chalet offers fully furnished and equipped 1 bedroom apartments with a 9m2 terrace, and comes with a spa center, a golfing area and exceptional views over the Cerdan plateau, with its famous peak The Col Rouge.    

Property type Leaseback Apartments
Address Font-Romeu Accommodation 1 bedroom
Prices from €175,513 to €179,101 Sizes

from 41sqm to 42sqm

Deposit 5% to Notary Parking space Yes
Yield 4.5%  Terrace  9sqm



The Development:
Located at 3 minutes from the heart of the ski resort of Font-Romeu and close to the golf, the development offers 86 apartments all furnished and parking spaces for its residents. The residence Le Grand Chalet features many services and facilities: a 24/7 reception, a restaurant, a heated swimming-pool, a fitness area, a wellness area with sauna, hammam and massage, a common room, a bar/lounge, a luggage storal, a laundry, a golfing area and a locker room. The building responds to the label BBC Batiment Basse Consommation=Low Consumption Building) which guarantees the respect of energy-efficient standards, in helping saving energy.

The Location:
Situated at an altitude of 1800m between the Catalan Pyrenees Regional Nature Park and the Vallry d'Eyne Natural Resort, Font-Romeu ski resort looks out the countryside of the Capcir Plateau. In summer, Font-Romeu offers also many activities like hiking, horseback riding, paragliding, mountain biking or canyoning. Its nine-hole golf course is one of the oldest and highest courses in France. The recognized high-level sport center "Espace Colette Besson" combines sports and entertainment for the whole family, including squash, tennis, badminton, mini-golf, spa and fitness area,etc. The wildlife park, where Pyrenean wildlife lives in semi captivity, provides a world of enchantment for parents and children. Olympic site created at altitude to prepare French athletes for the Summer Olympics of 1968 in Mexico, Font-Romeu hosts CNEA (Centre National altitude training) which prepare the greatest athletes of all disciplines and nationalities. Font-Romeu, voted "most athletic city" in 2009, is, moreover, a city known for the management of respiratory diseases, the chronic allergies and atopic eczema. Font-Romeu is the first European ski resort where snowboarding developed. There is a snow park for snowboarders, miles of alpine ski runs, and snowy forest trails.

The management company:
The company exclusively managing this development is stock market-listed and manages 30 other sites in France (leaseback properties and holiday parks). 

Financing:
Sextant has its own French mortgage brokerage service in order to find the most suitable mortgage for each client. Whether you want an interest-only mortgage, a traditional repayment mortgage or hybrid mortgage, Sextant can get the right mortgage for you.

The investment scheme:
Your property will be managed by a well known business management specialist.
Rents are guaranteed by 9 year commercial lease (renewable).
The buyer will get 19.6% VAT cash back
Rental income paid quarterly: 5% guaranteed yield. Optional 1 or 2 weeks of personal occupancy.  

Activities:
Apart from skiing, alpine skiing, showboarding, there is a choice of hiking, snowshoeing, dog sledding, ice driving, snow kiting or paragliding. There are also sites to visit including the fortified city of Mont Louis, classified as a UNESCO heritage site, natural sulphur springs, open air spas of Saint Thomas les Bains, Dorres, and Lio, the Odeillo Solar Furnace, or jump in the Yellow Train to discover the extraordinary panoramic views.

Food and Local Specialities:
The Mediterranean, the Pyrenees, the Roussillon plain and foothills are a cornucopia spilling the flavors of ripe fruit and vegetables, and those of their wines... It is a cuisine of the sun, which mixes sweet and savoury, and combines the produce from the sea and from the mountains. Olive oil and garlic are the bases, enhanced by the sweetness of the almond, the strength of a bitter chocolate or the subtle spices. Vegetables, fruits, meats and farm products, accompanied by fine wines from the Roussillon are the flavor of Catalan cuisine.

Access:
Font Romeu resort is located in the Pyrenees Orientales of the Languedoc Roussillon region. It is located 92 minutes from Perpignan and Andorra la Vella.

By car: 90 minutes drive from Perpignan. Take the RN116 from Perpignan then the D118 from Mont Louis or the RN 20 from Toulouse.
By rail: The Font-Romeu-Odeillo-via SNCF train station is 5km away.      
By air: Perpignan-Rivesaltes International Airport is 95km from Font Romeu, with daily connecting flights to Paris, the UK and Brussels. 

By coach: Shuttle coache services are available for reservation from the airport to Font-Romeu on Fridays, Saturdays and Sundays, and daily during school holidays.


 

Prices do not include the legal notaire fees.

* Prices in GBP and US dollars are subject to currency fluctuations, the exact price is in Euros.