2 Bed Apartment for sale

Les Menuires, Savoie, Rhone-Alpes, France

£188,110

 [€208,200]

Property Details

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Ski-in-Ski-out apartments
  • Private pool, SPA & sauna
  • Up to 5.2% NET yield
  • Up to 8 weeks personal use
  • At 1850m altitude

Full Description

Ski-in ski-out apartments in the 3 Valleys - 4* residences with up to 5.20% rental returns - Indoor heated swimming pool, spa, sauna… - One to four bedroom apartments, some with extra ‘cabine’ rooms - Use the property for up to 8 weeks a year - Owners receive additional usage benefits on top of 8 weeks allowance - Close to many amenities, great views over Belleville valley - Delivery 4th quarter 2016 Le Coeur des Loges is a brand new collection of ski-in ski-out apartments in Les Menuires, part of the world’s largest ski region, the 3 Valleys. The residence enjoys one of the best locations in the entire resort, directly in front of the pistes and within one of the more traditional areas of the village. The residence benefits from proximity of all shops, restaurants and bakeries. The first phase of the development Le Coeur des Loges comprises an exceptional selection of 124 four star properties (out of 166), ranging from 1 bedrooms to 4 bedrooms, some with additional ‘cabine rooms’ offering extra sleeping space. Le Coeur des Loges represents the chance to own an income generating ski property as either a hassle-free investment or a ski home usable throughout the year. The project’s superb location and high quality design mean that the management company, MMV, has been able to offer highly competitive guaranteed rental returns from 3.60% to 5.20%, the highest currently available in the French Alps. The properties are to be managed by the second largest management company in the French Alps. Buying a freehold property which is part of a leaseback scheme means buyers will recover the 20% VAT on the purchase price and also qualify for a host of other benefits accessible through the management company. Each owner is allowed up to 8 weeks usage each year and in addition to this they can use the property during the ‘inter-season’ (May-June & Sept-Nov) for just €70 per week. Owners also get a 20% discount on all properties within the MMV portfolio. The properties come complete with parking spaces and each will be fully furnished and equipped to 4* standards, guaranteeing high quality finishes and high specification kitchens and bathrooms. *Special offer is for a limited period only on selected apartments. MMV/SAS: The second largest hotel operator in the French Alps , MMV has been a specialist in the hotel business and tour-operating professions for more than 25 years . The MMV Group has always been naturally and firmly committed to sustainable, social tourism in respect of the environment. The operations at La Coeur des Loges are being carried out in conjunction with La SAS, the ‘Development of the Savoie Society (SAS)’. This is private organisation whose capital is majority owned by local authorities. SAS is highly experienced in the areas of urban, tourism and economic development and it has worked alongside local communities for over 50 years, assisting public clients in the conduct of operations planning, equipment and project delivery. Location: At 1850m on the western slopes of the Belleville valley, Les Menuires is one of the most popular resorts of the world’s biggest ski domain; Les Trois Valleys. Offering all the advantages an integrated functional resort, Les Menuires once urban-only character is now giving way to new era of architecture. Traditional chalets are creating quiet yet superbly connected boroughs within this lively and action-packed resort.
This property listing (ref: DAAK037B) is an advertisement supplied by Leapfrog Properties and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

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