Les Balcons De Recoin, Chamrousse - Ski Property For Sale - France

Property Details

Les Balcons De Recoin, Chamrousse, France - from € 112,812

Ski Property For Sale

Property Type :- 1 bedroom, 1 bathroom, Flat/Apartment, New Build. Property Status :- New Development, with expected delivery Quarter 4, 2009. LEASEBACK Options available. A select number of studio and 1 bedroom duplex apartments are still available in phase 2 of this popular development in the up and coming ski resort of Chamrousse 1650, only half an hour from Grenoble airport. Leaseback offering 5% guaranteed yield! ENQUIRE NOW For more information about this Property, or to make an enquiry, please see Les Balcons De Recoin, Chamrousse, France - Property Details.

Les Balcons De Recoin, Chamrousse - Property Description

The Development

PHASE 2 NOW RELEASED!

A leaseback residence of two 4 to 5 storey buildings with a 450m2 spa complex. Phase one has now sold out and was completed in December 2007. Phase two comprises 86 new build apartments ranging from studios to one bed duplex apartments over 4 floors. Delivery is due for the 4th quarter 2009. The interiors of the apartments will be warm and welcoming and will come with fully fitted bathrooms and kitchens fully equipped with fridge, freezer and dishwasher. Les Balcons de Recoin is in an exceptional location at the heart of the resort, with all local amenities only a couple of minutes walk away. It is even possible to ski up to the front door of the residence and the ski lift is directly opposite the residence.

On site facilities in this 3* residence include a restaurant, heated swimming pool, 580m2 spa, sauna, 2 jacuzzis, solarium, reception area and lounge with panoramic mountain views. Each apartment will also benefit from a private ski locker and an underground parking space.

Prices

Studio apartments from ?120,2881 bed duplex apartments from ?174,858

All prices quoted are net of VAT. With low entry price levels, this development is a fantastic investment opportunity with guaranteed rental incomes secured through a commercial management contract under the French government sponsored leaseback scheme, with a full 19.6% VAT refund. An initial 11 year lease is offered providing guaranteed rental yields of either 5% net rental yield with no usage on the total net or 4% including holiday vouchers. There are NO yearly management costs on this development and only the local taxe fonciere to pay!

The Location

Chamrousse is situated in the Isere region, half an hour away from Grenoble. Located at an altitude of 1650 metres at the south of the splendid Belledonne mountain range, the resort of Chamrousse dominates the valley of Grenoble with penetrating views over the surrounding mountain ranges of the Oisan, the Vercors and Chartreuse.

Chamrousse links together two winter sports resorts which are connected by a regular shuttle service. ?Recoin? at Chamrousse at an altitude of 1650m and ?Roche B?ranger? at Chamrousse at an altitude of 1750m. These two combined resorts offer an excellent range of facilities and have been the ?cradle? of Alpine skiing for over a century. The combined skiing area has 77km of marked trails reserved for Alpine skiing and also 40 km of cross country skiing trails in the forest plateau of Arselle. There are pistes for boarders and skiers of all levels to enjoy, as well as a snow park and mini boarder cross. There are a whole host of activities as well as skiing such as paragliding, hiking, climbing and golf making the resort a perfect all year round holiday destination.

There are only a very limited number of studio and 1 bed apartments available in this development at an exceptional price, with a high yield and no yearly management charges. Please contact us immediately if you would like to purchase in this up and coming resort with excellent capital growth potential.

For more information about this Property, or to make an enquiry, please see Les Balcons De Recoin, Chamrousse, France - Property Details.

Les Balcons De Recoin, Chamrousse is convenient for Skiing and Snowboarding in French Ski Resorts including Chamrousse (See Also :- Ski Chamrousse, Chamrousse Ski Hotels, Chamrousse Ski Chalets for Rent, Chamrousse Snow Forecast, Chamrousse Snow Report, Chamrousse Ski Hire and Ski France).