This 4-star residence in Les Arcs 1600 offers a 1-bedroom duplex apartment with terrace and comes with an indoor swimming pool and fitness centre.
Property type : New build Leaseback Apartment
Address Les Arcs 1600
Accommodation 1 bed duplex
Prices €315K
Size 47.37 sqm
Deposit 5% to Notary
Delivery date Delivered mid dec 2008
Yield 3.54%
Sales office Yes
Terrace 6.86
The development:
The residence is a 4-star ski resort next to the slopes and comprised an indoor swimming-pool, a sauna, a hammam, a jacuzzi, a fitness room, cellar and ski racks. The 4th floor duplex apartment is south facing and comprises a 2.52sqm entrance hall, a 22.64sqm open plan living room with a kitchenette, a 6.81sqm bedroom, a 2.51sqm mezzanine, a 3.65sqm bathroom and a 5.06sqm alcove. It also comes with a cellar and a garage.
The apartment:
General condition - very good
Condition of furniture - very good
The location:
The residence complex is located near the funicular departure point (with access to Bourg St Maurice train station) and offers you direct access on ski slopes to the Paradiski ski area. With peaks rising up to 3,800 metres above sea level, Les Arcs welcomes you in both summer and winter, with your partner, family or friends, to a truly unique setting. As the original resort in the Arcs area, Arcs 1600 has everything you could want in a warm and friendly setting. On the itinerary: clean air, wide-open spaces, tranquillity and the chance to rediscover that feeling of freedom. The resort, which is fully pedestrian, also benefits from an exceptional amount of sunshine. In the summer, enjoy the charm of the village’s authentic decor and climb up to the summits to discover permanent snow and glaciers while exploring the approximately 700 km of trails in the Vanoise National Park.
Activities:
Walking trails, snowshoes, sled dogs, ski de fond, skijoring (using horses), Skating rink, squash, swimming pool, sauna, The Arcs golf course(18 hole), paragliding, canoeing, mountain-biking
Local food and gastronomy:
Meat and cheese feature heavily in Alpine cuisine, with produce including Bleu du Vercors-Sassenage, Petafine, fish (trout) and dishes such as petafine, bleu du vercors, nuts, chartreuse (alcohol) and sausages. Typical dishes are raclette (melted cheese served with charcuterie), fondue (melted cheese) tartiflette (a gratin with potatoes and Reblochon cheese), and rissoles (pear pasty).
The management company
The company exclusively managing this development was created in 1976 and has been operating in the tourism sector for the last 40 years. The current European leader for self-catering holidays, this company manages 75,000 beds in 178 leaseback residences across France. Their property catalogue is used by 8000 travel agencies, with over 3 million holiday brochures being distributed each year.
Investment scheme:
Commercial lease of 11 years (ongoing)
No occupancy option, only pure investment.
Rental income: 3.54% (€ 11,146/year)
Financing:
We have our own French mortgage brokerage service in order to find the most suitable mortgage for you. Whether you want an interest-only mortgage, a traditional repayment mortgage or hybrid mortgage, we can get the right mortgage for you.
Access:
By train: Bourg St Maurice railway station with direct TGV from Paris and Eurostar during the winter season. At Bourg-Saint-Maurice, the Arc-en-Ciel cable car (free with skipass) which takes seven minutes to reach Arcs 1600, coach service (Autocars Martin, telephone: + 33 (0) 4 79 07 04 49, www.autocars-martin.com) or taxi.
By plane:
3 airports are closed to the ski resort: Lyon St Exupery (Ryanair and Easyjet), Chambery and Geneva (Easyjet)
