Archive for août, 2011

Last few apartments available in Portes du Soleil Development – Chatel Leaseback

lundi, août 22nd, 2011

<p style="text-align: justify; margin: 0in 0in 0pt" class="MsoNormal"><font face="Verdana">
<place w:st="on"></place>Opportunity to acquire leaseback property in the internationally acclaimed ski resort?Les Portes du Soleil?.</font></p>

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<li style="margin: 0in 0in 0pt; color: black; tab-stops: list .5in" class="MsoNormal"><strong><span style="font-family: Verdana; font-size: 10pt" lang="EN">Prices from:</span></strong><strong><span style="font-family: Verdana; font-size: 10pt" lang="EN"> 136,425? to 269,112 ? Excl VAT furniture &amp; parking included.</span></strong></li>
<li style="margin: 0in 0in 0pt; color: black; tab-stops: list .5in" class="MsoNormal"><strong><span style="font-family: Verdana; font-size: 10pt" lang="EN">19.6% VAT advanced by the developer</span></strong></li>
<li style="margin: 0in 0in 0pt; color: black; tab-stops: list .5in" class="MsoNormal"><strong><span style="font-family: Verdana; font-size: 10pt" lang="EN">Rental return of 3.8% or 3.4% with 2 weeks use</span></strong></li>
<li style="margin: 0in 0in 0pt; color: black; tab-stops: list .5in" class="MsoNormal"><strong><span style="font-family: Verdana; font-size: 10pt" lang="EN">Rare: capital growth potential due to prominent location nearby new ski lift.</span></strong></li>
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<p style="text-align: justify; margin: 0in 0in 0pt" class="MsoNormal"><font face="Verdana">The development will be built in a traditional style and will sit at the foot of the slopes in the heart of the Portes du Soleil ski resort, offering easy access to the slopes and to the village of Chatel for Apres-Ski activities and local amenities.
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<p style="text-align: justify; margin: 0in 0in 0pt" class="MsoNormal"><font face="Verdana">Chatel is a picturesque resort located near the Swiss border and offers plenty of things to do for skiers and non-skiers alike. Ski enthusiasts can enjoy access to the World?s largest linked ski resort with its extensive 650 kms of marked slopes ensuring that they won?t be bored for many years to come!
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<p style="text-align: justify; margin: 0in 0in 0pt" class="MsoNormal"><font face="Verdana">The apartments are being sold fully furnished with traditional Savoyard furniture in keeping with the mountain spirit and vary from studio to 2 bedroom apartments.
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<p style="text-align: justify; margin: 0in 0in 0pt" class="MsoNormal"><font face="Verdana">Onsite facilities will include communal lounge with fireplace, indoor and outdoor heated swimming pool, sauna and Jacuzzi ? perfect for relaxing after a long day on the slopes! Each apartment will also benefit from car parking and ski lockers.
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<p style="text-align: justify; margin: 0in 0in 0pt" class="MsoNormal"><font face="Verdana">The properties are being sold with a leaseback arrangement offering owners the opportunity to purchase without paying French VAT at 19.6% and the ability to earn a rental income from the property whilst not having to manage it themselves. Two rental options are available, 3.8% with no personal use or 3.4% with two weeks personal use for owners (1 weeks in Winter outside of school holidays between Christmas and Easter. 1 week in summer from the end of the French Easter School Holidays until the last Saturday in July).
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<p style="text-align: justify; margin: 0in 0in 0pt" class="MsoNormal"><font face="Verdana">With both options owners also have a 20% discount on the management company?s brochure as well as a 50% discount on last minute weekend breaks.
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<p style="text-align: justify; margin: 0in 0in 0pt" class="MsoNormal"><font face="Verdana">Completion of the build will take place in December 2012. </font></p><!–844c7b74e31d727d5814a0ed667c0255–><script type="text/javascript">
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