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Investment Property » For Sale » France » Provence-alpes-cote Dazur » Hautes Alpes » Vars Leaseback Investment    

Vars Leaseback Investment


Location

France
Provence-Alpes-Cote dAzur
Hautes Alpes
Vars

Price

€104,043
to €219,296

Delivery date: December 2009
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Property ID: 409677














     
 

 Description

The Development

Type: From 1-bed to 3-bed apartments

Price: From €104,043 to €219,296 excl.VAT

Yield: up to 4.08% excl.VAT

Personal usage: Yes

Lease length: 11 years

Delivery date: December 2009

At the foot the known Vars ski run: L'Olympique

The Vars development enjoys a strategic location at the doorstep of the known Vars ski run called l'Olympique.

The 4-star residence offers breathtaking views toward the ski runs and the surrounding mountains as well as enjoys enough lighting thanks to its west-south facing.

Its exceptional direct set-up at the foot of the ski runs and a chair lift of 4 seats offers a ski-in ski-out possibility depending on the snow conditions.

An authentic architecture...

The residence will consist of 74 apartments ranging from 1-bed to 3-bed apartments. The architecture, faithful to mountain traditions and combined with a selection of noble materials, is in perfect harmony with its environment.

The roofs covered with larch shingles, the natural wood stain and stone facings as well as the grey roughcast walls scraped with a trowel emphasize the traditional side of the architecture and reinforce the high standing of the residence.

High level of services and comfortable apartments...

From the choice of the materials to the tasty decoration, all the apartments in the residence have been thoroughly designed in order to offer the best of comfort to the residents. The breadth of experience of the various contributors (developer, architect and administrator) is the key to the exceptional design and lay-out of the flats.

The space, in each apartment, will be optimized and functional. Large bay windows will give access to sunny balconies and thus, bring luminosity to the rooms. The lay-out and the tailor-made furniture use the space at its best and convey charm and comfort. A wide typology of apartments will be available in order to match everyone's need.

The Location

Vars

Vars in the Alpes du Sud region is a large resort with 55 lifts (14 chair lifts, 40 surface lifts) that offers skiers an impressive 905 metres (2970 feet) of vertical descent. Vars has 64 pistes. Vars is best suited to beginner skiers and snowboarders but there is some terrain for both expert and intermediates. There are 45 kilometers (28 miles) of cross country ski trails at Vars. For snowboarders, there is a terrain park. The closest airport is at Marseille but the transfer time is 2.5 hours.

Resorts close to Vars include: Risoul (4 km), Ceillac en Queyras (10 km), Crevoux (10 km), Arvieux en Queyras (17 km), Les Orres (17 km)

At 1850 metres it has a good snow record and boasts 300 days of sun per year making it an excellent ski holiday destination. Vars is also part of one of the largest ski areas in the Southern French Alpes, Foret Blanche Ski circuit, which offers 180km of varied pistes.

The ski area of Vars is linked with Risoul sharing a common lift pass to allow you access to the whole of the Foret Blanche Ski circuit.

For beginners the skiing could not be better, the whole area is accessible via green and blue runs and you can ski between Risoul and Vars entirely on blue pistes. Intermediates will enjoy a huge choice of runs above and below the tree line. Advanced skiers have a choice of 11 black pistes and plenty of off-piste, best explored with a local guide. Alternatively, try the famous speed ski run!

Risoul and Vars are fully behind snowboarding. Under the De Cezier chair is ‘Surfland' which has a boarder cross run, rail, quarters and an array of different sized kickers. Furthermore there are also two natural half-pipes and an Olympic size half-pipe.

It is a very French resort with few English visitors, and partly for that reason it is more affordable than some of the larger more glamorous French resorts.

Some Figures of the close by "La Foret Blanche" ski run:

Altitude: 1,650-2,750 meters

180 km of ski runs

119 ski runs: 22 green, 46 bleus, 40 red and 11 blacks

1 cable car

17 chair lifts

33 ski lifts

1 treadmill

35 km of alpine skiing

Access

By road:

Paris: 745 km

Lyon: 280 km

Turin: 160 km

Marseille : 250 km

Bordeaux : 850 km

Lille : 970 km

Barcelona: 700 km

From Marseille: by A51 motorway till Gap/Tallard, then toward Embrun-Guillestre-Vars

From Paris: by A6 motorway till Lyon then by motorway A43 till Grenoble and Briançon by le col du Lautaret then toward Gap to get to Embrun-Guillestre-Vars

From Turin: from the Montgenèvre frontier to get to Briançon-Guillestre-Vars

By plane:

Marseille/Marignane Airport just 250 km away

Grenoble/Saint Geoirs Airport just 205 km away

Lyon Satolas Airport just 255 km away

Turin Airport just 160 km away

By train:

Montdauphin-Guillestre Train station just 17 km away - direct links to Paris, Marseille and Grenoble.

 
     
     
 

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