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1 Bedroom Ski / chalet - €335,000 (2-bed apartment to 4-bed chalet) - Location: Seine-Saint-Denis, Next to Flaine le Hameau new upmarket resort
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Le Refuge du Golf, luxury development in new village concept in Flaine Le HameauReference: Refuge du Golf - 1 Bedroom Ski / chalet - €335,000 (2-bed apartment to 4-bed chalet) Location: Seine-Saint-Denis, Next to Flaine le Hameau new upmarket resort  Cosy interiors
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€335,000 is approximately : Australian Dollars : $662,100 British Pounds : £290,771 Canadian Dollars : $546,579 Hongkong Dollars : $3,313,625 Japanese Yen : ¥39,375,025 New Zealand Dollars : $803,426 Swiss Francs : F513,871 US Dollars : $427,474
Please note that these conversions are approximate and for guidance only. They do not constitute sale prices.
€335,000  
1 Bedroom Ski / chalet - €335,000 (2-bed apartment to 4-bed chalet) - Location: Seine-Saint-Denis, Next to Flaine le Hameau new upmarket resort 
  
This Property is For Sale by Findhomeabroad Ltd    
Some of the many points why this new village ticks all the boxes: - Flaine has a great ski area and the lifts are operated by the Compagnie des Alpes (guarantee of quality, good-snow-making and excellent lift system. - Guarantee of snow and extensive area north of Mont-Blanc. You can ski in May and often you can ski after. - In summer, you are a neighbour to the 18-hole golf course - Flaine has been a sleeping beauty for over a decade with no rights to develop. To the relief of many, the architecture of the new village will be just the opposite of the original Flaine resort as it is outside the conservation area. - Flaine has only 9,400 beds compared to similar ski resorts holding 18,000 to 35,000 beds. So plenty of potential for higher demand, synonym of capital growth. In the Haute-Savoie region conveniently situated between Geneva and the Mont-Blanc, Flaine is nestled in the heart of one of the biggest skiing areas in France. The development is located in the new area of Flaine to be developed, Flaine Hameau situated at 1850 metres. All the residences being constructed in this new area are of a traditional style and the views from the site are breathtaking. Traditional chalet material like wood and stone will be used. All of the apartments and chalets are south facing and make the most of the stunning mountain scenery. They will have four-star facilties, parquet-flooring, antiqued wood, rustic plasterwork, LCD Televisions (in reception and all bedrooms) as well as WIFI connections. All our master bedrooms have en-suite bathrooms. • Construction from the finest materials, brushed wood, wooden floors, local stones and a cosy fireplace as the case may be. • Decoration to exacting standards. • Satellite television, home cinema. • Spacious comfortable rooms. The new resort Flaine Hameau 1850 will include shops, restaurants bars and all the facilities you need to enjoy your holiday. In the summer the development is opposite the golf course and makes it an excellent all year round destination. It is located just above the “Hameau de Flaine”, a charming Scandinavian style architecture that may bring to mind a Norwegian village, an Icelandic fisherman’s cabin, or maybe even a holiday cottage on the North-east coast of America… This hamlet is just 1 mile from Flaine with a free shuttle service to connect it with the centre of the resort. Classic or leaseback purchase (with leaseback, 19.6% VAT is advanced by promoter, see terms below)) Some examples of property prices excluding VAT (for classic purchase add 19.6% to price): 2-bedroomed apartment (56m2 + terrace): 335,000 euros 3-bedroomed apartment (67m2 + terrace): 430,000 to 525,000 euros 4-bedroomed apartment (87m2 + terrace): 585,000 to 655,000 euros 4-bedroomed apartment (99m2 + terrace): 740,000 euros 5-bedroomed 3-storey apartment (108m2 + terrace): 740,000 euros 3-bedroomed chalet (70m2 + terrace): 605,000 euros 4-bedroomed chalet (92m2 + terrace): 770,000 euros The Grand Massif Ski Area The ski domain links Flaine to the villages of Sixt, Samoens, Morillon and Les Carroz to create a vast region totaling 265km of pistes. Flaine is a huge snowsure bowl encompassing 140Km of slopes which break down as follows: 7 green, 19 blue, 22 red and 4 black. For a more detailed view see the large scale Grand Massif piste map. Flaine is somewhat unusual in that one of the green slopes runs from the resort top station which enables beginners to see the amazing views of Mont Blanc and the bowl before riding back down in the Cable Car. Ski Area Improvements The Neige investment plan is currently underway to upgrade the Flaine ski area. This project will be carried out in a series of major phases scheduled to be completed by Christmas 2009 and will see substantial improvements to uplift and slopes. Flaine offers a number of possibilities in beautiful surroundings. From sledge rides, hiking, climbing, swimming, a cultural centre, cinema, pool, ice rink and bowling… You will be spoiled for choice! Get back to your roots by following a path of well-being and relaxation, going through our sauna or our hammam and relaxing your muscles in our swimming pool. Comfort will be the master word of your stay, your well being our leitmotiv, feel better than at home thanks to the wide range of body care proposed. The leaseback scheme explained The leaseback is for a period of 9-11 years with the 19.6% VAT paid by the promoter giving you almost 20% discount on your property purchase. The 3 different options: 1) “Equilis” is the “owner” formula with an excellent balance between long-term yield and personal use 4.10% yield with 0.85% towards costs totalling 3,25% net income guaranteed for 9 years. This income can be shared between cash income and personal use. Personal use is in the shape of a coefficient (see calendar below) that you deduct from your income and according to which week you decide to take. This is a very flexible option as you can vary from year to year. 2) “Resultis” is the “investor” formula with total optimisation of your investment as well as income The yield is made of fixed part of 2% of property price and is guaranteed for 9 years. The variable part links similar properties inside a “pool” with 4.30% yield of property price of that pool. Above this yield, 50% of the turnover is shared among owners of that property pool. Personal use is still available with the coefficient system to be taken off your 2% yield (see below) 3) “Utilitis” formula is ideal for people who wish to use their ski property as much as possible with a maximum discount at the time of purchase Yield + VAT advance: The leaseback is for a period of 11 years and the entire yield for that period is deducted from the property price at purchase. With the VAT advance it is 35% discount on the property price. From the 12th year, you start receiving the yield again. You are guaranteed 6 weeks of personal use each year: 3 weeks in winter: 1 very high season, 1 medium season, 1 low season 3 weeks in summer: 1 high season, 2 low season All services offered to clients are offered to you with VIP access to the heated swimming pool as well as Spa facilities. You benefit from a further 15% discount on brochure price for any week outside your personal use allowance. Exceptionally during the inter seasons in autumn and spring, you can use your property as you wish (200 euros a week is to be paid towards costs with reservation at least 2 weeks in advance). There is no access to Spa and swimming pool in those periods. Personal use Calendar and coefficient: Winter season Very high season (New Year’s week, February French school holidays): 0.55% High season (Christmas week, March): 0.40% Mid-season (Easter French holidays in April): 0.35% Low season (January and April excluding French school holidays): 0.20% Summer season High season (mid-July to end of week including 15th August): 0.20% Low season (June to mid-July, mid-August to end September): 0.10% Access At just over an hour’s drive from Geneva Airport and 30 minutes drive from the motorway.
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