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This Property is For Sale by EU Property Portfolio (EUPP)
MegeveReference: 1001020 - 1 Bedroom Leaseback - €300,000 (from)Location: Haute-Savoie, Megeve 
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€300,000 is approximately : Australian Dollars : $512,388 British Pounds : £241,890 Canadian Dollars : $464,622 Hongkong Dollars : $3,454,464 Japanese Yen : ¥48,122,928 New Zealand Dollars : $628,575 Swiss Francs : F483,918 US Dollars : $442,341
Please note that these conversions are approximate and for guidance only. They do not constitute sale prices.
For Sale
€300,000 
This Property is For Sale by EU Property Portfolio (EUPP) More Images     Type: studios to large 1-bedroom chalets Price: € 271,660 to € 573,400 excl.VAT excl.Furniture Yield: 3.94% on the Total Price excl.VAT excl.Furniture Personal Usage: Yes Lease length: 11 years and 11 months Delivery Date: December 2008 Price details: excl.VAT and.Furniture Studios: € 271,660 to €293,280 1-Bedroom: € 374,800 to € 565,600 Large 1-Bedroom: € 545,600 to € 573,400 Furniture: € 17,340 to € 36,600 VAT REFUNDED (19.6%): € 56,644 to € 119,560 The residence, composed of 4 chalets, is located just 300m from the slopes and 500m from the Casino... Each apartment provides the highest standard. The residence also offers a gastronomic restaurant, a bar area and a large swimming pool.... It is managed by RESIDHOTEL, which is a renowned expert in the management of residential hotels, tourist accommodation and residences with services. The location At an altitude of between 1113 and 2525 m, Megève is one of the most coveted resorts in the Upper-Savoy region. In both winter and summer, the location will ensure that you spend an unforgettable time pursuing your own choice of activity: all types of snow sports (downhill skiing, cross-country skiing, snow-board) over an area of 445km of slopes, snow shoes, flying (hot air balloon), 18-hole golf-course (Mont d'Arbois golf course), horse riding, casino… The Rochebrune cable-car will take you up to enjoy walks while taking in the panoramic views of Mont Blanc, and provide easy access to many walking and cycling paths over the ridges. The authentic alpine village has kept its identity whilst developing its facilities for both a French and foreign clientele. For lovers of fine food, enjoy the delights of the "Ferme de mon père" belonging to Marc Veyrat, a 3-star Michelin restaurant! The Investment Lease agreement: -11 years 11 months -Exemption of rents for 3 months -Rents payable quarterly in arrears -Rents revised every 3 years 100% index Delivery: December 2008 Average yield: 3.94% on the Total Price excl.VAT excl.Furniture 3 investment possibilities: - Personal usage 1 week in HS - No personal usage: pure investment - Rental income indexed on the realised turnover + 8 weeks of personal usage Access By road: -1hour from Geneva (70km) -2hours from Lyon (180km) -3hours from Milan (272km) via the Mont Blanc tunnel -6hours from Paris (600km) -Motorway exit (A40) 12km away (Sallanches), linking the resort directly to the European road network By train: -Direct Paris-Sallanches line (Sallanches railways station 12km away) By plane -Geneva- International Airport 70km away
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