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Leaseback - €195,000 (1 to 3-bed duplex apartments ) - Location: Haute-Savoie, Morillon (Grand Massif ski domain)
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Le Jardin des Neiges, your luxury four-star ski apartment in MorillonReference: Jardin des neiges - Leaseback - €195,000 (1 to 3-bed duplex apartments ) Location: Haute-Savoie, Morillon (Grand Massif ski domain)  Le Jardin des Neiges
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€195,000 is approximately : Australian Dollars : $383,371 British Pounds : £168,414 Canadian Dollars : $310,507 Hongkong Dollars : $1,908,132 Japanese Yen : ¥22,881,756 New Zealand Dollars : $463,770 Swiss Francs : F299,036 US Dollars : $246,626
Please note that these conversions are approximate and for guidance only. They do not constitute sale prices.
€195,000  
Leaseback - €195,000 (1 to 3-bed duplex apartments ) - Location: Haute-Savoie, Morillon (Grand Massif ski domain) 
  
This Property is For Sale by Skipropertyshop    
Situated at the heart of the ski resort and at the foot of the pistes, all the apartments are luxuriously equipped and furnished with their own private parking. Some of the many facilities include satellite televisions, telephone and Internet connections. At the heart of this luxury development is the wellness club with its indoor heated swimming pool, sauna, hammam, Jacuzzis, massage rooms and private gym. The properties range from spacious 1 to 3-bedroomed duplex apartments, all with balconies or terraces. Some examples of prices for fully-furnished and equipped apartment with indoor private parking: 1-bed apartment (34m2 + terrace): 197,000 euros 2-bed apartment (55m2 + terrace): 315,000 euros 2-bed duplex apartment (70m2 + terrace): 430,000 euros 3-bed apartment (72m2 + terrace): 435,000 euros 3-bed duplex apartment (97m2 + terrace): 595,000 euros The purchase options: Classic purchase (just add 19.6% VAT to the price for immediate freehold) or leaseback purchase with different options and flexible use (see below for leaseback terms or enquire). The developer advances the 19.6% VAT on your behalf. Morillon, a superb location in the Grand Massif ski area Morillon is a French ski and summer resort as well as being a family resort. Morillon ski area is the perfect complement to Samoëns and Sixt. Beginner or expert, everyone will love skiing these forest slopes. Alongside the magnificent green slope, Marvel, information boards tell the story of the wildlife around you. Snow cover is ensured thanks to the large network of snow cannon (47) as well as the high altitude. A children's area means parents can go skiing with complete peace of mind! “Jampark” Morillon : For children from 5 to 12, a fun area with bumps and banked corners. Easy to get to, this area is equipped with snow cannon. Morillon in winter also means all sorts of entertainments : like torchlight processions, giant “tartiflettes”, the carnival, clowns and concerts. In summer, you will enjoy the surroundings mountains with spectacular waterfalls, glaciers and an exceptional fauna and flora. Morillon offers a nice lake with many activities around. You also have nice pastures accessible by chairlift. Le Grand Massif ski area Located in the French Northern Alps in Haute Savoie between Geneva, Chamonix Mont Blanc and les Portes du Soleil ski area, Morillon is part of the Grand Massif ski area. Click for Grand Massif ski domain The five different ski resorts: Flaine, a modern ski resort, ski-in ski-out...A white ocean, with winter thrills for everyone.. Morillon, a traditional family village in the heart of the pine forests...An enchanted island, where all the family can ski together. Samoëns, an historic village - a place you’ll fall in love with...Where wild spirits will find great skiing! Sixt Fer à Cheval, renowned for its waterfalls... A spectacular skiing experience. Les Carroz, one of this huge ski area's interlinked resorts 265 km of pleasure to discover, for all tastes and with all types of piste (not forgetting the three snowparks).A total of 265 km of slopes culminating at 2500 mts (views of Mont blanc) 1000 acres of traced slopes and 75 ski lifts. The leaseback The leaseback is for a period of 9-11 years with the 19.6% VAT paid by the promoter giving you almost 20% discount on your property purchase. The 3 different options: 1) “Equilis” is the “owner” formula with an excellent balance between long-term yield and personal use 4.10% yield with 0.85% towards costs totalling 3,25% net income guaranteed for 9 years. This income can be shared between cash income and personal use. Personal use is in the shape of a coefficient (see calendar below) that you deduct from your income and according to which week you decide to take. This is a very flexible option as you can vary from year to year. 2) “Resultis” is the “investor” formula with total optimisation of your investment as well as income The yield is made of fixed part of 2% of property price and is guaranteed for 9 years. The variable part links similar properties inside a “pool” with 4.30% yield of property price of that pool. Above this yield, 50% of the turnover is shared among owners of that property pool. Personal use is still available with the coefficient system to be taken off your 2% yield (see calendar below) 3) “Utilitis” formula is ideal for people who wish to use their ski property as much as possible with a maximum discount at the time of purchase Yield + VAT advance: The leaseback is for a period of 11 years and the entire yield for that period is deducted from the property price at purchase. With the VAT advance it is 35% discount on the property price. From the 12th year, you start receiving the yield again. You are guaranteed 6 weeks of personal use each year: 3 weeks in winter: 1 very high season, 1 medium season, 1 low season 3 weeks in summer: 1 high season, 2 low season All services offered to clients are offered to you with VIP access to the heated swimming pool as well as Spa facilities. You benefit from a further 15% discount on brochure price for any week outside your personal use allowance. Exceptionally during the inter seasons in autumn and spring, you can use your property as you wish (200 euro per week charge towards costs with reservation at least 2 weeks in advance). There is no access to Spa and swimming pool in those periods. Personal use Calendar and coefficient: Winter season Very high season (New Year’s week, February French school holidays): 0.55% High season (Christmas week, March): 0.40% Mid-season (Easter French holidays in April): 0.35% Low season (January and April excluding French school holidays): 0.20% Summer season High season (mid-July to end of week including 15th August): 0.20% Low season (June to mid-July, mid-August to end September): 0.10% Access 35 miles from Geneva international airport This is only a brief description of the property contact us for more details at info@skipropertyshop.com For more ski properties in the area, send us an e-mail and we shall search it for you free of charge. Do not hesitate to ask for a French mortgage quote as the interest rates in France are lower than in UK. We can help you finance up to 100% of your property + legal fees If you like this property our French team in UK will assist you all along until completion of the sale. This service is entirely free.
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