Le Monte Bianco, St Gervais - Ski Property For Sale - Saint Gervais, France

Property Details

Le Monte Bianco, St Gervais, Saint Gervais, France - from € 115,831

Ski Property For Sale

Property Type :- 1 bedroom, 1 bathroom, Flat/Apartment. Property Status :- with expected delivery Quarter 2, 2009. LEASEBACK Options available. Only 7 remaining Leaseback studios and apartments with spectacular view of the valley in the picturesque spa town of St Gervais with 4.2% guaranteed yield including two weeks personal use. ENQUIRE NOW For more information about this Property, or to make an enquiry, please see Le Monte Bianco, St Gervais, Saint Gervais, France - Property Details.

Le Monte Bianco, St Gervais - Property Description

The Development

** Only 7 apartments currently available **

Residence Le Monte Bianco is a newly refurbished leaseback residence due for completion in 2009. Located in the pretty Spa town of St Gervais, in the heart of Savoie the residence offers excellent facilities including covered swimming pool and spa with sauna and fitness centre. Two large sun terraces with solarium will give the opportunity to enjoy the sun on warm days in both winter and summer. There is a restaurant and the spacious bar is complemented by an open fireplace.

The apartments, which have uninterrupted views over Mont Blanc, the valley, and the village of St Gervais are located only 400 metres from the telecabine, 250 metres from the shops and 800 metres from the village centre.

There is a choice of studio, one bedroom and one bed + cabine apartments. All the apartments will be fully furnished and equipped with Internet access. Some will have private parking, most will have a private balcony and all will have ski storage in the communal area.

Prices:

All prices quoted are net

Studio from 95,278 Euro (?71,330)

One bed apartment from 177,600 Euro (?13,934)

One bed + cabine apartment from 241,823 Euro (?181,005)

The Location

Saint Gervais is a small Savoyard market town rich in culture and heritage with many traditional buildings such as the baroque church. Located at the north entrance to the Val Montjoie, on the west side of the Mont Blanc Massif (French Alps), it is a picturesque spa town unlike many well known Alpine resorts. It offers all the facilities expected of a ski resort but is not purpose built and has structures full of character spanning the centuries as well as an all year round community life. There are a variety of restaurants, bars, shops and facilities in the town and the surrounding area, offering an enjoyable holiday at any time of the year.

The local skiing is excellent with easy access to the surrounding ski areas of Megeve, Combloux, Les Houches and the rest of the Chamonix Valley incorporating over 420km of pistes. St Gervais also stands to benefit strongly from the proposed new link into Les Contamines further up the valley. Although there are lots of local activities, St. Gervais is also well placed to provide a touring base for the Mont Blanc region and is one of the best all year round resorts found in the French Alps. It is a very popular summer destination for climbers, hikers and hang gliders looking to take advantage of the spectacular views of Mont Blanc. Locally there are the thermal baths in the village and an excellent golf course less than 30 minutes away.

The geographical position of St. Gervais, at the north west corner of the French Alps, and just a few kilometres from the Autoroute Blanche and the Mont Blanc tunnel, makes it one of the easiest Alpine resorts to reach by car from the UK, Belgium or Holland. It is also within an hour of Geneva airport and half an hour away by car to Chamonix.

The Investment

The Residence is expected to see good capital growth, particularly when the link opens to Les Contamines.

The guaranteed yield of 4.2% includes two weeks personal use which can be taken outside of the high season dates.

High season winter dates include Christmas and New Year holidays and the February French school holidays. High season summer dates are the 5 weeks from the middle of July.

As there are only 7 apartments remaining, we recommend that you contact the Ski Team as soon as possible to make a reservation.

For more information about this Property, or to make an enquiry, please see Le Monte Bianco, St Gervais, Saint Gervais, France - Property Details.

Le Monte Bianco, St Gervais is convenient for Skiing and Snowboarding in French Ski Resorts including Chamonix, Combloux, Les Contamines, Les HouchesMegève and St Gervais Mont-Blanc.