alpine living. Smartly presented, the ski properties come fully furnished.
Furthermore, to make the most of the desirable Alpine setting, each mountain home is
fitted with a private balcony or terrace. The
property’s dominant position facing Mont
Blanc affords incredible views for many of
the apartments.
The property is sold under the highly popular
French leaseback programme. Leaseback
properties enable a buyer to purchase the
freehold title of a furnished property and
then lease it back to the management
company for a fixed rental return. The
highly reputable resort operator will handle
everything, from renting out the property, to
the day-to-day running of the development.
The operator will also maintain and pay
maintenance costs.
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In return, owners are not liable to pay the 20%
VAT. They also receive a guaranteed rental
income for the length of the lease, which is
linked to cost-of-living increases. Owners may
opt to use the property for a certain number of
weeks each year.
There are three leaseback formulas, one to
satisfy every situation: a pure investment
option with no usage, but elevated rental
income; three to four weeks’ personal usage,
plus a portion of annual income; or an advance
of 11 years’ rental income as a discount on
the property purchase price, plus six weeks
annual usage. The advance option is a great
inflation-beating one for lifestyle investors
who are seeking more personal usage, effectively locking in the price of 11 years’ worth
of holidays in any of the operator’s resorts at
today’s prices.
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