The French mountains are beautiful regions to spend holidays in the nature. The French Alps, for example, attract not only skiers from all around the world, but also property buyers. Pouring one’s money in a property purchase is a good idea for those who want to put it somewhere safe, but it also suits people who want a rental income.
Imagine you buy a second house in a ski resort: you could go there on holiday and avoid wasting your money in renting a flat every year. What’s more, you could rent it out the rest of the year and get a rental income. If you are thinking to take a step to this, a leaseback property will definitely suit you. By signing for a French leaseback scheme, you can become the freehold owner of a furnished property, for a renewable period of 9 to 11 years.
A property management company will help you rent it out all year long, they will guarantee the rental income and you will receive a return on investment of between 4% and 6% the property price. Being linked with such a company also saves you time and stress, as they deal with the repairing work, refurbishment, bills, taxes, bad tenants, etc.
Les Arcs, for example, is a famous ski resort, which is sought-after for its peaks rising up to 3,800 meters, its permanent glaciers and its 700 kms of slopes and trails. The resort is fully pedestrian and it is also wonderful to discover it in summer time. People from all around the world come here for clean air, wide spaces, calm and nature. There are lots of activities to enjoy in Les Arcs, such as skijoring (using horses), squash, golf, paragliding, canoeing, mountain-biking, but there is also a swimming pool, a sauna, a skating rink and walking trails. €222,000 for example will buy you a 32m2 apartment (reference 7291), located in a residence with sauna, inside swimming pool, hammam, Jacuzzi, fitness room and so on. What’s interesting in Les Arcs is that you don’t need a car to get there, as the Eurostar drives you right to the adjacent city of Bourg-St Maurice.
Go skiing in the French Alps
A property management company will help you rent it out all year long, they will guarantee the rental income and you will receive a return on investment of between 4% and 6% the property price. Being linked with such a company also saves you time and stress, as they deal with the repairing work, refurbishment, bills, taxes, bad tenants, etc.