Leaseback resale with 4.26% yield - Studio in a ski resort (Les Deux Alpes)

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

• Condition - Partially Restored

This resale leaseback studio apartment with 4.26% yield comes with a balcony, located in a prestige residence La Farandole in Les Deux Alpes ski resort.
Property type : Resale Leaseback Studio Apartment
Address: Les Deux Alpes
Accommodation: Studio apartment
Prices :€80,660
Size: 21.87 sqm
Deposit: 5% to Notary
Delivery date: delivered
Yield: 4.26%

The development:
The La Farandole Hotel has spacious and comfortable 46 bedrooms and 14 ensuite bedrooms. The most of the rooms has a balcony oriented to the South and comes with deckchairs and a view over the glaciers. The rooms can welcome from 2 to 5 persons and have a bathroom with a bath, a hairdryer, individual dressing gown, a separated WC, a satellite television, telephone, internet access and wifi in the rooms and the reception.
The hotel offers a panoramic terrace in front of the glaciers of the National Park of Ecrins and a spacious lounge with a fireplace, a billiard , a bar piano and a safe kid playground. There is a restaurant with a grill opened on the morning for the breakfast and on the evening. It offers regional and traditional cuisine.

The location:
Les Deux Alpes is a dynamic ski resort in the Northern Alps, situated in the Isere department, which offers numerous facilities and services for sports, relaxation, entertainment and activities all year round. You’ll find a magnificent skiing area with 225 km of marked pistes, 51 mechanical lifts, 211 snow cannons, freestyle around the snowpark and large off piste areas, the most famous being the Vallons de la Meije. Altogether there are 92 pistes (10 black, 19 red, 43 blue and 20 green). The surroundings are beautiful, being at the heart of the Parc Naturel des Ecrins (accessible by cable car), close to the traditional village of Venosc and the Mont de Lans, ice caves, the Rocher des Etroits, various museums and more.

Activities:
The hotel offers a 300m2 fitness centre, covered and with window panes, with a heated swimming pool, a sauna, a hammam, a Jacuzzi and a sport room. Reflexology and personalized massages are proposed.
Activities on offer include skiing (even in Summer!), snowshoeing, ice climbing, skidooing, hiking, mountain biking, horse riding, canyoning, rafting, rock climbing, fishing, archery, swimming beach volley, golf tennis, squash, paragliding and more besides. There are several spas for relaxation.
The management company:The management company specialises in leaseback developments, hotel residences and holiday schemes throughout France

Investment Scheme:
Your property will be managed by a well known business management specialist.Rents are guaranteed by 9 year commercial lease.Rental income paid annually (€3437 net).

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.

Access:
Les 2 Alpes is 1 hour from Briancon and 1 hour 15 minutes from Grenoble.
By car: Motorway to Grenoble, exit 8, then RN 81 towards Briancon, to the Lac du Chambon, then D213.By train: Grenoble train station, then taxi or coach.By plane: Grenoble Airport is 120 km, Lyon Airport is 160 km away. Transfers from Grenoble airport to the train station after each flight in from Paris.

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