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Key selling points
- An attractive opportunity to invest in a quality apartments
- Prime Ski Area
- One and two bedroom apartments sale and leaseback basis
- Up to 4.0% indexed linked guaranteed rental income
- 3 Weeks personal usage
- VAT refund scheme -19.6% guaranteed return
- Mortgages Available (the VAT can be added to the Mortgage)
- Free furniture packs for UK buyers worth 11,000 euros
An attractive opportunity to invest in a quality apartment complex in the prime ski area of Val dāAllos.
One and two bedroom apartments are available on a sale and leaseback basis
Guaranteed rental return and 3 weeks personal usage per annum during the leaseback period.Up to 4.0% indexed linked guaranteed rental income
This will appeal to buyers looking for strong, long term, rental guarantees in France, and also to keen skiers wanting a base in this popular all year round destination.
Prices from ā¬106,264 (Ā£79,396 approx) incl. VAT
VAT refund scheme -19.6% guaranteed return
Mortgages Available (the VAT can be added to the Mortgage)
Free furniture packs for UK buyers worth 11,000 euros
āLes Residence Le Seignusā
āVotre appartement au sein dāune rĆ©sidence bien-ĆŖtreā
Overview
Ski area located from 1,500-2,600m
Access to over 100 ski runs
83 miles North of Nice
Popular summer resort
Overview/Summary
An exciting opportunity to invest in a quality ski development, of 92 units in Val dāAllos, Southern France. Set at 1,500m, and with lifts up to 2,600m, this is a good area for beginners and intermediate skiers alike. There are over 100 pistes to ski, making this a popular ski destination.
Val dāAllos is but 83 miles North of Nice, and with stunning mountain backdrops, woodlands and lakes, this is a resort that is as attractive for summer holiday breaks as it is for itās skiing.
The area of Le Seignus, with itās close links to the bustling resort of La Foux, is an area that is set for steady growth, due in large to the leaseback scheme that is available in the area. The scheme was introduced by the French government as a vehicle to increase tourism in the country. It offers a 19.6% VAT refund, which when combined with a 20% deposit, and guaranteed rental income that in most cases will cover mortgage costs, this adds up to an attractive opportunity for the long term investor.
The apartment development āResidence Le Seignusā is built to a high specification, with all apartment having balconies and panoramic mountain views. There is also an indoor swimming pool, providing a little relaxation after a hard days skiing. The prices start from ā¬106,000 for a small studio, rising to ā¬311,000 for a top floor penthouse duplex. The majority of apartments are priced between ā¬130-150k (including VAT).
Rental returns are guaranteed at 3.50% indexed (see developer notes for exact details) and include 3 weeks personal availability per annum, although this can rise to 4.00% per annum for investors not wishing to take their personal usage.
The French property market has seen steady, consistent growth, especially in areas of good rental return, and we believe that Val dāAllos is set to continue growing in capital values over the medium to longer term.
The combination of quality product, all year round ski and summer market, guaranteed rental returns, mortgage facilities, VAT refund and the potential for medium to long term capital growth, make āResidence le Seignusā a strong investment story.
Studio apartments
From ā¬106,264 up to ā¬114,392 incl. VAT
1 bed apartments
From ā¬116.233 up to ā¬162,460 incl. VAT
2 bed apartments
From ā¬139,109 up to ā¬224,213 incl. VAT
2 bed duplex apartments
From ā¬161,340 up to ā¬311,003 incl. VAT
Parking packages are available, priced at ā¬2,510 for exterior parking, and ā¬12,280 for interior parking, excluding VAT.
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