Plagne Village - Leaseback apartment in prestigious residence with yield up to 4.20%

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

• Bedrooms: 1

• Condition - Restored / Habitable

A stone's throw from the slopes and skilifts, the residence offers 1 to 2 bedroom apartment and comes with heated pool and sauna.

Property type : Leaseback Apartments

Address Plagne Village
Accommodation 1 to 2 bedroom
Prices �156K to �230K
Size 36 to 54sqm
Deposit 5% to Notary
Delivery date Delivered
Yield Up to 4.20%
Sales office Yes

The development:
Located 100m from the slopes and 300m from the ski lifts, the residence Aspen offers 1 to 2 bedroom apartments. The authentic residence using wood and stone blends in perfectly with the traditional architecture of the area. It features a heated covered pool, sauna, hammam and a relaxation room with stone fireplace.

The location:
La Plagne is situated in the Savoie department among the French Alps, close to the Swiss and Italian borders. Thanks to its 225kms of slopes and a perfect situation (opposite the Mont-Blanc and Beaufortain ranges), La Plagne offers the best conditions for skiing. There are 18 black runs, 33 red runs, 69 blue runs and 10 green runs, served by 141 ski lifts. For the snowboarders there are plenty of off-slopes opportunities like a 6.3 acre snow park in La Plagne Soleil. La Plagne is one of the biggest ski areas in the world and part of the Paradise ski domain with a large choice of facilities. It is a great ski resort for family ski holidays or for a mixed ability group skiers. It consists of 6 high altitude resorts. There are all located at the bottom of the slopes, linked by free transport. La Plagne usually opens its winter season in mid December and finish it in the end of April but during the summer there is a possibility of skiing on the glacier Bellecote. There are also 4 village resorts: Champagny en Vanoise, Plagne Montalbert , Montchavin and Les Coches which have the same winter season opening.

Activities:
Activities available locally are skiing, cycling, kayaking, horse riding, hiking, sledging, snowshoeing, ice skating, parapenting, swimming, canyoning, rafting, paragliding, ice driving and more. For the non-skiers, there is a choice between: craftwork, quads, skidoos, paragliding, guided tours, dos sleds, bobsleighs or snowshoe trails.

Local food and gastronomy:
Meat and cheese feature heavily in Alpine cuisine, with produce including Bleu du Vercors-Sassenage, Petafine, fish (trout) and dishes such as petafine, bleu du vercors, nuts, chartreuse (alcohol) and sausages. Typical dishes are raclette (melted cheese served with charcuterie), fondue (melted cheese) tartiflette (a gratin with potatoes and Reblochon cheese), and rissoles (pear pasty).

The management company
The company exclusively managing this development was created in 1976 and has been operating in the tourism sector for the last 40 years. The current European leader for self-catering holidays, this company manages 75,000 beds in 178 leaseback residences across France. Their property catalogue is used by 8000 travel agencies, with over 3 million holiday brochures being distributed each year.

Investment scheme:
Your property will be managed by a well known business management specialist.
The buyer will get 19.6% VAT cash back
Rental income paid quarterly
You can choose between 3 investment options:
-pure investment with 4.20% of yield
-up to 8 weeks occupancy per year
-optimum investment: you can choose to rent your apartment or occupy it for up to 6 months per year

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:
La Plagne is located 40 minutes from Chambery, 90 from Geneva and 130 minutes from Lyon.
By train: From London, there is a direct (night) service by Eurostar which takes around 10 hours.
By plane: Chambery and Geneva are the nearest airports and can be reached within 40 minutes and 90 minutes.

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