Belle Plagne - Luxury rooms in a 4-star hotel (Paradiski domain) with 5% yield

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

• Condition - Restored / Habitable

Located in the beautiful village of Belle Plagne at an altitude of 2050 metres above sea-level, the Hotel des Deux Domaines benefits from one of the longest ski-seasons in the area, receiving some of the earliest and latest snow in the French Alps.
4-Star Hotel Belle Plagne

Address: Hotel des Deux Domaines, Belle Plagne
Sizes: 28.22 sqm – 69.21 sqm
Yield: Guaranteed 5%
Deposit: 10% to Notary
Prices: €326K to €684K (inc VAT)
Sales office: Yes
Accomodation: Rooms and suites

The Location:
The ski-in / ski-out Hotel des Deux Domaines is situated at the entrance of the aptly-named Belle Plagne in an area of unspoilt natural beauty at the edge of the Vanoise Natural Park. Located at the heart of the Paradiski region (made up of the ski resorts of Les Arcs, Peisey-Vallandry and La Plagne) which offers 425 km of alpine ski runs and 158 km of cross-country runs, this residence combines some of the best skiing in the Alps with life in a traditional Savoyard village with all the amenities you have come to expect (bakers, supermarkets, banks, etc.), some lovely restaurants and bars, a cinema and a bowling alley. Belle Plagne is also an excellent base from which to explore the local area with its stunning Baroque churches (many of which were renovated for the Albertville Winter Olympics in 1992), impressive mining history, vast lakes and important forts (the remnants of the Alpine Line or the Little Maginot Line during WWII, still visible today).

The Development:
Spacious contemporary rooms and suites with balconies and beautiful views; Comfortably furnished: each room / suite has twin/double bedrooms and a sofa-bed, a bathroom with twin basins, a separate WC, fully-fitted wardrobes, a minibar fridge, a telephone, a TV, a DVD player and wireless broadband capability;Four-star hotel location with a reception, a bar, a restaurant and a fitness centre with a swimming pool, 2 saunas, 2 steam rooms, indoor and outdoor jacuzzis and massage rooms;Ski-in / ski-out with direct access to the pistes from the personal ski-lockers provided for each room and suite; Heated boot warmers are provided to ensure your boots are not only dry but warm;Extensive childcare facilities available onsite; A games room for teenagers;Secure, with key card access and digicode entry systems; CCTV-monitored entrances and exits; Constructed in an environmentally responsible way from traditional, 'green' materials; In-built measures to reduce energy consumption including double-glazed windows, fully-insulated walls, motion detector-controlled lighting in common areas, energy saving light bulbs and water recycling; Permanent storage facilities available for investors; Underground parking.

The Investment:
• 19.6% VAT paid by the developer;
• No rental voids;
• No furnishing costs;
• No letting agent's fees or marketing costs;
• No repairs / refurbishment costs;
• 5% guaranteed yield for the first 6 years, increasing by 3% after the sixth year;
• Up to 4 “Owners Weeks” per year (2 in the winter, 2 in the summer) with no pro rata reduction in the yield for summer usage; possibility of taking “owners weeks” at other Esprit Ski/Total Ski resorts;
• Up to 80% mortgages available (subject to status) at sub 5% per annum interest rates with the possibility of offsetting repayments against the rental income;
Suitable for inclusion in SIPPs (Self-Invested Personal Pensions).Activities:Activities available locally include: alpine and cross-country skiing, ice climbing, ice skating, bobsleighing, dog sledding, snow shoe walking, rafting, canyoning, canoeing, paragliding, hang-gliding, mountain biking, horse riding, indoor climbing, squash, karting, bowling and many more.

Food and Drink –
local specialities:Potatoes, local cheeses and regional sausages feature heavily in typical Savoyard cuisine. Traditional dishes include tartiflette (a gratin of potato, cheese and onions), crozets (a type of rustic pasta used to make gratins with cheese), longeole (chicken seasoned with caraway seeds) and fondue. Typical desserts include rioutes (aniseed biscuits), tarte aux myrtilles (bilbery tart) and Bugnes (fried pastry, similar to beignets). The local cheese is Beaufort, a hard sharp cheese quite similar to gruyere and comté, uniquely flavoured due to the altitude at which it is produced.

Access:
Belle Plagne is in the Savoie department of the Rhône-Alpes region in the south-east of France.
By car: From Chambéry, take the A43, the A430, then the N90 to Aimes and follow the signs for Belle Plagne.
By air: Chambéry-Savoie, 120 km (1 hr 47) – Regular services to many UK destinations; Serviced by low-cost airlines flybe, Jet2 and SnowjetGeneva-Cointrin, 202 km (2 hr 30) – Regular services to many UK destinations; Serviced by low-cost airlines EasyJet, Flybe and Jet2 Grenoble-Isère, 187 km (2 hr 31) – Regular services to many UK destinations; Serviced by low-cost airlines Airsouth west, EasyJet and Ryanair Lyon- St Exupéry, 209 km (2 hr 45) – Regular services to London and Birmingham (all airports operate a regular bus services to Belle Plagne).
By train: Gare TGV Aime, 2km – Regular services from Paris, Lyon, Brussels and London; (a regular bus service from the station stops just 100m from the hotel).

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