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

Bedrooms	Habitable	Land Size
1	?	?

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

Rhône-Alpes, Haute-Savoie

This Property is For Sale by Leapfrog Properties

To find out more about this agent or to view more of their properties visit their IFP Microsite

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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