This residence is located in the heart of the Alps Mountains, in Tignes.
Property type : Leaseback and Classic purchase apartments
Address:Tignes
Accommodation: Studio to 3 beds
Prices:From 135K€ to 431K€
Size:From 14.33m2 to 43.89m2
Deposit:5% to Notary
Delivery date:delivered in 2011
Yield:4.03% Net
The development:
The residence comes with studio, 1 and 2 bedroom apartments. The property has been fully renovated and redecorated. All the apartments offer a balcony and/or a loggia. The residence offers high quality provisions, exceptional comfort, modern fitted kitchen and warm decoration.
The location:
Tignes (2100 to 3600m) is part of the well-linked Espace Killy ski area, along with neighbouring Val d’Isere, and has access to154 ski slopes over 300 kms of pistes. It is known for the 1992 Olympic downhill course and also offers ice-diving, hang-gliding, ice-climbing, ski-joering, snowshoeing and indoor tennis. The Grande Motte Glacier can be reach in few minutes by the railway.
Activities:
The residence is located near the Killy ski domain which offers several activities. There are 89 ski lifts, 9 slalom stadiums, 2 mogul stadiums, 2 snow parks, a free ride area, a 5000m2 aquatic area, a bowling, an ice rink, ski joering, snowshoeing, karting on ice, deep-ice diving in the lake, squash, tennis covered…
Local food and gastronomy:
The Savoy region is renowned for its cheeses, including the Beaufort de Chaviere, Chevre, Chat Pendu and Tommes de Savoie. Savoy also has its own sort of pasta known as crozets, made with buckwheat. Dishes include tartiflette (a dish with cream, cheese, potatoes and bacon), raclette (melted cheese with potatoes and charcuterie) and fondue.
The management company:
The company exclusively managing this residence is listed on the French stock market and has been operating in the tourism industry in France, Corsica, Italy, Spain and Croatia since 1998. It is number 2 on the vacation rental market in France, offering 92,000 beds among 280 residences, welcoming 1.9 million holiday makers each year, for a turnover of €142M in 2009. The management company was structured around three vocations: exploitation, marketing and administration of property, assuring the most complete mastery of the facilities it operates and the guarantee of providing the best professional services to its customers.
Investment Scheme:
Your property will be managed by a well known business management specialist.The buyer will get 19.6% VAT cash back
Guaranteed rental yield: 4.03%
In addition as an owner you will benefit from a 20% reduction on the advertised price to stay at these resorts, and a 10% reduction during July and August.
Financing:
Sextant has its own French mortgage brokerage service in order to find the most suitable mortgage for each client. Whether you want an interest-only mortgage, a traditional repayment mortgage or hybrid mortgage, Sextant can get the right mortgage for you.
Access:
The residence is located in Tignes.
By car: by the Channel Tunnel and the motorway A6.
By air: both Geneva and Chambery airports can be reached within 90 minutes.
By train: 7 hours from London to Chambery
