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property in French Alps

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Les Arcs ski resort - Leaseback apartments with yield up to 3.8%

Price: 

€377,782

£*

 $*

 
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Reference:   7291
Condition:   No-work-required
Bedrooms:  
Living space:   sqm
Land size:   sqm
Outbuilding:   No
Swimming pool:   Yes
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This 4 stars residence in Les Arcs 1600 comprises 115 units from 1 bedroom to 3 bedrooms Duplex.

Property type: Leaseback apartments
    
Address
Les Arcs 1600
Sizes
32sqm to 64sqm
Prices€222K to €428K
Deposit
5% to the Notary
Accomodation1 to 3 bedrooms
Delivery date
Dec 2009

The development:
The residence is a 4star ski resort next to the slopes and comprised an inside swimming-pool, a sauna, a hammam, a jacuzzi, a fitness room, cellar and ski racks.

Location:
The residence complex is located near the funicular departure point (with access to Bourg St Maurice train station) and offers you direct access on skis to the Paradiski ski area.

Area:
With peaks rising up to 3,800 metres above sea level, Les Arcs welcomes you in both summer and winter, with your partner, family or friends, to a truly unique setting. As the original resort in the Arcs area, Arcs 1600 has everything you could want in a warm and friendly setting. On the itinerary: clean air, wide-open spaces, tranquillity and the chance to rediscover that feeling of freedom. The resort, which is fully pedestrianised, also benefits from an exceptional amount of sunshine. In the summer, enjoy the charm of the village’s authentic decor and climb up to the summits to discover permanent snow and glaciers while exploring the approximately 700 km of trails in the Vanoise National Park

Sports:
Walking trails, snowshoes, sled dogs, ski de fond, skijoring (using horses), Skating rink, squash, swimming pool, sauna, The Arcs golf course(18 hole), paragliding, canoeing, mountain-biking

The management company:
The company exclusively managing this development was created in 1876 and has been operating in the tourism sector for the last 40 years. The current European leader for self-catering holidays, this company manages 75,000 beds in 175 leaseback residences across France. Their property catalogue is used by 8000 travel agencies, with over 3 million holiday brochures being distributed each year.

Leaseback owners can take their weeks of occupancy at any of the residences managed by the company. Those choosing to purchase an apartment in this development will be entitled to a 20% discount on stays at any of the 175 ski, seaside and countryside residences managed by the company and a 10% discount on stays at all other properties in their brochure.

Financing:
Sextant works closely with a French mortgage broker 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 let Sextant find the mortgage that is right for you. Mortgages up to 104% LTV (subject to status).

Investment:
The management company guaranty your rental incomes and offers you the choice to use either this residence for your holidays or to choose among their 160 residences in France.

You can choose between 3 packs:

Pack 1:  
Guaranteed income with a 3,80 % return (excluding tax) on your investment, based on the property price excluding tax (excluding garage and furniture).

Pack 2:
Guaranteed income with a 3,50 % return (excluding tax) on your investment, based on the property price excluding tax (excluding garage and furniture). You can use your property for 1 week in high season + 2 weeks in mid season + 2 weeks in low season.

Pack 3:
Guaranteed income with a 2,50 % return (excluding tax) on your investment, based on the property price excluding tax (excluding garage and furniture). You can use your property for, in winter: 1 week in peak season + 2 weeks in high season + 3 weeks in mid season + 2 weeks in low season + in summer: 1 week in mid season + 3 weeks in low season.

Access:
By train: Bourg St Maurice railway station with direct TGV from Paris and Eurostar during the winter season. At Bourg-Saint-Maurice, the Arc-en-Ciel cable car (free with skipass) which takes seven minutes to reach Arcs 1600, coach service (Autocars Martin, telephone: + 33 (0) 4 79 07 04 49, www.autocars-martin.com) or taxi.

By plane:
3 airports are closed to the ski resort: Lyon St Exupery (Ryanair and Easyjet), Chambery and Geneva (Easyjet)

 



Prices are inclusive of French agent's fees. They do not include the legal notaire fees.

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*Price shown in £s (UK GB POUNDS) is subject to currency fluctuations.