Savoie - Leaseback apartment in ski resort with yield of 4.6%

Price:  

€189,110

£*

$*

 
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Ref: 31715

1 bedrooms

Living space: 42 sqm

Swimming pool: Yes

 

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Situated close to the slopes and the shops, the residence Les Alpages du Corbier is made up of 3 chalets offering 1 bedroom apartments for 6 sleeps, and comes with a pool and sauna.


Property typeLeaseback ApartmentsDeposit5% to Notary
AddressLe CorbierAccommodation1 bedroom
Yield 4.6%Sizes42sqm
Price€189KDelivery dateAvailable
    


The Development:

Situated close to the slopes and the shops, the residence Les Alpages du Corbier is made up of 3 chalets offering 1 bedroom (+ 1 cabin) apartments for 6 sleeps, and comes with a pool and sauna. Each accommodation is fully equipped: kitchenette (vitroceramic hotplate, microwave and dishwasher), bathroom or shower, generally separate toilet, television and generally a balcony. There is a heated outdoor swimming pool, sauna, small fitness area, laundry (with extra charge) and covered car park.

The Location:
Le Corbier is a fully pedestrian ski resort in the Savoie department and is perfect mixture of tradition and modernity, an enchanting combination of opposites. Its situation and warm, friendly atmosphere, make it a "village resort ". It is part of the Les Sybelles Ski Area with access to 220 individual slopes. In addition to the skiing in Le Corbier itself (75km of pisted ski runs), the appropriate ski Lift Pass will allow you to ski or snowboard in the other Les Sybelles ski resorts. By the Mount Ouillon (2 431 m), the highest European mountain pasture, one can discover the other ski resorts: Saint Sorlin d’Arves, Saint Jean d’Arves, La Toussuire et Saint Colomban des Villards. Le Corbier offers good skiing for intermediate and beginners and has a snow park. The resort has been designed for maximum convenience and with everything to hand. Traffic free, Le Corbier has a shopping arcade and childrens' facilities.

Activities:
Swimming pool, library, mini-golf, fitness, cultural activities, Wi-Fi Internet access (unrestricted), « dévalkart » (go-kart) (4 rides per day per person),
Sybelles Express chairlift, archery, sauna/hammam/spa, mini-quad, mountain board for beginners, equipment available to be borrowed (badminton, petanque, table tennis, balls), tourist train (link between La Toussuire and Le Corbier, 1 return journey per person per week).

Food – Local specialities:
The Savoy region is renowned for its cheeses, including the Beaufort de Chaviere, Chevre, Chat Pendu and Tommes de Savoie. Savoy also has its own sort of pasta known as crozets, made with buckwheat. Dishes include tartiflette (a dish with cream, cheese, potatoes and bacon), raclette (melted cheese with potatoes and charcuterie) and fondue.

The Management Company:
The company exclusively managing this residence is listed on the French stock market and has been operating in the tourism industry in France, Corsica, Italy, Spain and Croatia since 1998.
It is the 2nd largest company on the vacation market in France, offering 92,000 beds among 280 residences, welcoming 1.9 million holiday makers each year, for a turnover of €142M in 2009. The management company was structured around three vocations: operation, marketing and administration of property, assuring the most complete mastery of the facilities it operates and the guarantee of providing the best professional services to its customers.

Financing:
High LTV mortgages available.
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 find the right mortgage for you.

The Investment Scheme:
Your property will be managed by a well known business management specialist.
The buyer will get 19.6% VAT cash back
Rental income paid quarterly
Up to 4.6% - In addition as an owner you will benefit from a 20% reduction on the advertised price to stay at these resorts.
Occupation: flexibility for owners to stay in this residence.

Access:
Le Corbier is located in the Rhone Alpes region. It is 20 minutes from Saint Jean de Maurienne, 60 minutes from Chambery, 80 minutes from Grenoble, 130 minutes from Lyon and 120 minutes from Geneva.

By car: Motorway A43, direction Turin, exit 27 (Saint Jean de Maurienne) following Vallee de l'Arvan.

By train: There are many high speed train to called “TGV neige" from Paris (4h), from Lille, Nantes, Marseille, Lille ... to Lyon, with regular connections to Saint Jean de Maurienne.

By air: Close by are the Chambery airport, Lyon Sait Exupery, Geneva-Cointrin and Grenoble Saint Geoirs with connections to St Jean de Maurienne.

 

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.