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Apartment in St Gervais


Reference: LIMNE0002 - 1 Bedroom Apartment - €237,121
Location: Haute-Savoie, St Gervais

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€237,121 is approximately :

Australian Dollars : $466,181
British Pounds : £204,792
Canadian Dollars : $377,578
Hongkong Dollars : $2,320,299
Japanese Yen : ¥27,824,333
New Zealand Dollars : $563,947
Swiss Francs : F363,629
US Dollars : $299,898

Please note that these conversions are approximate and for guidance only. They do not constitute sale prices.

€237,121
BedroomsHabitableLand Size
1 ? ?
1 Bedroom Apartment - €237,121 - Location: Haute-Savoie, St Gervais
Rhône-Alpes, Haute-Savoie


Description

The Monte Bianco Residence : combines holidays and profitability. Ancient hotel refurbished and transformed into a Tourism residence. From Studio to 2 bedroom cabine, furniture and balcony/terrace included. The development offers great facilities like a SPA area with sauna and gym, a heated indoor swimming pool,a bar with fireplace, and solariums. The surroundings are peaceful, 3 min from the cable car, 2 min from the shops and 5 min from the town center on foot. 35 units are available in the light leaseback scheme (Quasi-Hotel)- The management company Village Center, is specialised in tourist residences and guarantees a rental income of 1.3% and up to 6 months personal use. You can then choose when you wish to use it and rent it through the management company for the remaining weeks. If no personal use is taken it is reasonable to expect a return between 4.5% and 5% NET. Alternatively you can opt for the full leaseback option where you recieve a guaranteed NET yield of 4.2% plus 2 weeks personal use.

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Features

  • Bedrooms: 1

Condition and Utility Information

  • Condition - Needs Restoration

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