La Joue du Loup- 2 bed duplex resale leaseback apartment by the slopes

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

• Bedrooms: 2

• Condition - Restored / Habitable

This resale leaseback 2 bedroom duplex apartment is located close to the centre of the Flocons du Soleil resort, and is in a residence with pool and sauna

Property type: Resale Leaseback Apartment
Address La Joue du Loup
Accommodation 2 bedroom duplex
Yield 4.45%
Size 43.7 sqm
Price: €160,500
Delivery date Delivered
Deposit 6-7% to Notary



The Residence:
Situated close to the resort centre, « Les Flocons du Soleil » residence comprises 30 chalets each with 2 storey apartments for 7 or 8 persons. The chalets overlook the Agnieres valley and have an unrestricted view of the Grand Ferrand massif. A cross country ski way passes 50m downhill from the chalets. There is an indoor pool, sauna, hotel and laundry services on offer.

The Apartment:
This resale leaseback apartment is in excellent condition and comprises an entrance hall, a store area, a living room-kitchen with sofa bed, a bathroom, a wc, a store area under the staircase, and a cloakroom. Upstairs there is another store area and 2 bedrooms- one is a double, the second sleeps three in single beds. Terrace of 8.8 sqm, balcony upstairs of 3.4 sqm, outside storage of 1 sqm, and outside parking.

The Location:
La Joue du Loup sits at the top of the Devoluy Valley and has developed into a pretty alpine village with limited traffic. It offers excellent facilities and ski-lift system linking into the Devoluy ski domain. It has one of the best snow and sunshine records throughout Europe and offers doorstep skiing for all levels. La Joue du Loup offers relaxed, informal skiing, the perfect resort for families or groups of friends of all abilities (it features 5 black pistes, 14 red, 26 blue and 6 green,) with emphasis on value for money and beautiful surroundings, as well as great amenities and a good nightlife.

Activities:
Skiing, cross country skiing (80 km of trails on offer), and there is also a snowpark for keen snowboarders. Paragliding, snow-mobiling, snow-shoeing, ice-skating ice-diving beneath the lake, off-piste guiding, ice-driving, mountain biking and hiking in summer, are also on offer.

The Management Company:
The management company specialises in leaseback developments, hotel residences and holiday schemes throughout France

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 Investment Scheme:
Your property will be managed by a well known business management specialist
Rental income paid quarterly
11-year and 11 month lease contract -which started in Dec 2004.
Rental Yield of 4.45% Net (€ 7140.60/year)
No occupancy: 25% off normal rates to stay

Access:.
La Joue du Loup is 40 minutes from Gap, 1 hour 20 from Grenoble and 2 hours from Briancon.

By car: From Grenoble A480 for 34 km, then D1075, D34 to Mens, D537 towards Le Courtil, D17 and D17c.

By air: The resort is 1 hour 40 from Grenoble-Isere airport, 2 hours from Chambery airport 2 hours 30 from Lyon Saint Exupery Airport and 3 hours from Nimes and Marseilles airports.

By train: TGV to Grenoble, then TER to Veynes Devoluy.

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