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Investment Property » For Sale » France » Savoie » Megeve    

Megeve


Location

France
Savoie
Megeve

Price

€300,000
to €600,000

Delivery date: December 2008
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Property ID: 273267












     
 

 Description

 

THE DEVELOPMENT NEW ON THE MARKET - VAT REFUNDED (19.6%)

From 22 to 48 sqm apartments, open out onto large balconies and terraces via bay windows The residence, composed of 4 chalets, is located just 300m from the slopes and 500m from the Casino... Each apartment provides the highest standard. The residence also offers a gastronomic restaurant, a bar area and a large swimming pool....

THE LOCATION

At an altitude of between 1113 and 2525m, Megève is one of the most coveted resorts in the Upper-Savoy region. In both winter and summer, the location will ensure that you spend an unforgettable time pursuing your own choice of activity: all types of snow sports (downhill skiing, cross-country skiing, snow-board) over an area of 445km of slopes, snow shoes, flying (hot air balloon), 18-hole golf-course (Mont d'Arbois golf course), horse riding, casino… The Rochebrune cable-car will take you up to enjoy walks while taking in the panoramic views of Mont Blanc, and provide easy access to many walking and cycling paths over the ridges. The authentic alpine village has kept its identity whilst developing its facilities for both a French and foreign clientele. For lovers of fine food, enjoy the delights of the "Ferme de mon père" belonging to Marc Veyrat, a 3-star Michelin restaurant!

FINANCIAL TERMS

Lease agreement:
-11 years 11 months
-Exemption of rents for 3 months
-Rents payable quarterly in arrears
-Rents revised every 3 years 100% index

Delivery: December 2008
Average yield: 3.94% HT on HT financial option

3 investment possibilities:
- Personal usage 1 week in HS
- No personal usage: pure investment
- Rental income indexed on the realised turnover + 8 weeks of personal usage

ACCESS

By road:
-1hour from Geneva (70km)
-2hours from Lyon (180km)
-3hours from Milan (272km) via the Mont Blanc tunnel
-6hours from Paris (600km)
-Motorway exit (A40) 12km away (Sallanches), linking the resort directly to the European road network

By train:
-Direct Paris-Sallanches line (Sallanches railways station 12km away)

By plane
-Geneva- International Airport 70km away

 
     
     
 

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