Pra Loup- 1 bed leaseback apartment with pool and spa, up to 4.25% yield

• Sextant French Property
• http://www.sextantproperties.com
• Tel: 020 7428 4910 info@sextantproperties.com

• Bedrooms: 1

• Condition - Restored / Habitable

Les Bergers offers studio and 1 bed leaseback apartments in a renovated residence with pool and spa, only 250 metres from the ski lifts in the sought after Pra Loup ski resort

Property type: New build Leaseback apartments
Address: Pra Loup
Accommodation: studio to 1 bed
Prices: � 79K to 140K
Size: 16.65 sqm to 32.2 sqm
Deposit: 5% to notary
Delivery date: Delivered
Yield: Up to 4.35%

The development
The residence Les Bergers, situated in Pra Loup 1600 is only 250 metres from the ski lifts and in immediate proximity to all amenities and restaurants. It offers 63 apartments set over three floors housed in a traditionally built chalet, respecting the local architectural traditions, marrying wood with local stone. The residence has been entirely renovated and boasts a heated indoor swimming pool, a spa, a sauna, a fitness centre, a kids club and a restaurant. Every apartment comes furnished to a very high standard with an equipped kitchenette, a fitted bathroom and terraces for some.

The location
Pra Loup is a lovely sought after family ski resort, due to its guaranteed snow cover from mid December to the end of April, and over 300 sunny days a year. It is part of the ski domain known as L�Espace Lumiere, with 180 km of pistes ranging from 1 600 to 2 600 metres of altitude, 50 ski lifts, 255 snow canons , 80 trails for all levels (25 blue, 16 green, 34 red, 5 black and 1 mauve track Milka) and a range of restaurants and bars. In addition, in 2009 the Espace Lumiere was modernised to a cost of 20 million Euros, with new cable cars, a jardin de neige ski school, a beginner�s snow lift and soon a large underground car park. The Southern Alps sees more than 2 million touristic stays from December to April, 13 million overnight stays and a tourist consumption of up to 753 million Euros.

Activities
In winter of course a large variety of ski-based fun is available; including snowboarding, snow shoeing, cross country skiing etc. In summer, mountain biking, rafting, canyoning, hiking, horse riding, golf, rock climbing, paragliding and canoeing are popular.

Local food and specialities
The area is known for its Brindilles, long thin spicy sausages, goats� cheese from Banon, as well as lamb from Sisteron, wild spinach ravioli and raspberry tartlets, with dandelion, truffles and cepes also important. Vineyards close to the border the Hautes-Alpes produce some renowned vintages such as the Coteaux de Pierrevert.

Financing:
We have our 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, we can get the right mortgage for you.

The management company:
The company exclusively managing this residence is a holiday residence specialist number one on the market with more than 50 years of experience. Its ambitious aim is to raise the quality of its products and services and open to new French and European customers. Thus, since 2005 the company has initiated a policy of renovation of sites� infrastructures and services.

The investment scheme:
Your property will be managed by a well known business management specialist.
The buyer will get 19.6% VAT cash back, with an 11 year renewable lease.
Rental income paid quarterly

Two options are possible:
- No occupancy with a yield of up to 4.25%
- Occupancy with a yield of up to 3.50% + 1.25% holiday budget usable on any residence in the catalogue (hotels, restaurants, hotel services, all inclusive...)

Access
Pra Loup is 72 km from Gap, 91 km from Digne-les-Bains, 160 km from Nice, 175 km from Grenoble.

By car: From Marseille A51 to Gap/Taillard (165 km), then D900 for 67 km.
By train: Gap Train Station (70 km). Every Saturday a shuttle bus goes from Marseille-Provence Airport and the Aix en provence TGV station directly to Pra Loup.
By plane: Pra Loup is 2 hours 20 minutes from Nice Cote d�Azur Airport with regular flights to the UK under 3 hours from Marseille Provence Airport with flights to the UK

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