You may have heard that the French Alps have recently enjoyed heavy snowfall meaning many ski stations have opened earlier than expected. Adequate snow cover is as good as guaranteed; it is looking to be an excellent ski season. Haven’t organised your trip to the Alps for this winter? Never fear, Sextant French Properties is excited to offer a new investment property to the market meaning you can actually make a profit from your trips to the Alps! This is an investment in your leisure and enjoyment; you can enjoy 4 weeks (or more) occupancy per year at a great price with a 25% discount on the buying price in addition to a VAT rebate of 19.6% thanks to French legislation.
Nestled in Sainte Foy in the heart of the Tarentaise Valley in the French Alps, this exclusive 4 star residence offers traditional Savoyard ‘chalet’ architecture combined with modern lines to create comfortable and modern spaces that are ideal for relaxation and fun.
Each apartment, from one-bedroom to three-bedroom duplexes, has a unique design and is fully furnished and equipped. The apartments boast magnificent views of the surrounding mountains from their spacious terraces and balconies. The exceptional quality of the materials such as solid oak, blown glass, metal, stonework etc. serve to create a warm and cosy interior, and the contemporary design and furnishings accentuate the feeling of wellbeing. Each apartment features underfloor heating, a fully fitted open plan kitchen, bathrooms complete with towel drying rails and a hairdryer. Furthermore, every owner will enjoy an individual ski locker with a boot dryer, a individual covered parking space, a cellar (providing useful room to store bikes and other items), a terrace or a balcony, free WiFi internet connection and satellite TV in every bedroom and living-room. Each owner has access to the residence’s common area services which include a swimming pool, a sauna and a bar. This is an excellent development in a highly sought after location.
The residence is ideally located, very close to the ski lifts of Sainte Foy en Tarentaise, at an altitude of 1550m. Sainte-Foy is a hamlet full of authentic Alpine charm, off the main road from Bourg St Maurice to Val d’Isere. It is less than half an hour’s drive from four of the best known ski resorts in France – Val d’Isere, Tignes, La Plagne and Les Arcs – yet it feels a million miles from the hustle and bustle of the big resorts and equally has enough skiing of its own to keep an advanced skier happy. Sainte-Foy offers unlimited and varied off-piste skiing in a beautiful unspoilt wilderness. It is a warm and welcoming hamlet full of charm that combines tradition and modernity, as reflected in the design of the residence. The centre of the village offers all necessary amenities.
Located on the edge of a large forest, the residence is set in majestic surroundings with many activities to enjoy in both summer and winter. In winter, you will undoubtedly enjoy skiing as well as heli-skiing, ice climbing, ski-biking and snow shoeing. In the summer months, Sainte Foy is the perfect place to escape it all. You can enjoy mountain biking, horse riding, hiking, mountain climbing, rafting, canoe rafting, canoeing, mini-golfing, tennis, paragliding, ….or even glacier skiing (in Tignes). Hiking is a particularly popular activity for all age groups; you can go to Grande Sassière or other peaks surrounding Tarentaise at over 3000m altitudes. Families will particularly enjoy hiking to the listed site of Monal to discover beautifully preserved 18th and 19th century chalets.
The French Alps are known for being the very best; they have so many more options for skiers and snowboarders than any other country in the world. Every year more than 120 million people visit the French Alps. With these guaranteed numbers, why not invest in the French Alps?
Investing in an apartment in a tourist residence in the French Alps offers endless advantages. By signing for a French leaseback scheme in this residence, you will become the freehold owner of a luxury furnished apartment. The leaseback lasts 9 years, during which time you will receive monthly rent, guaranteed by the management company. Each apartment offers differing yields depending on the occupancy period chosen. This residence is highly flexible (and highly advantageous for the buyer) since you can choose to receive the monthly payments as normal or, you can receive all 9 years’ payments all in one go and have the amount taken off the buying price. This is equivalent to around 25% discount on most of the apartments!
Even more music to your ears will be the fact that thanks to French legislation, you will enjoy an advantageous taxation status as a non-professional lessor of furnished dwellings. Investing in one of these 53 apartments entitles you to recover the VAT paid on the purchase price (19.6%) meaning you pay even less for your exclusive haven in the French Alps.
Since an Alpine property is rather seasonal, you are likely to be there for a few weeks at most per year. An apartment in this stunning residence allows you to be free from unforeseen maintenance costs or the constant search to find holiday makers to stay; the management company pays and manages all of this for you! You can simply reap the rewards and enjoy your well-maintained, clean and elegant holiday apartment whenever you so wish.
Depending on how often you want to visit the property, you can choose from several occupancy options. Your investment options are as follows: one week’s occupancy in low season which will increase your yield, four weeks occupancy with two weeks in both summer and winter (1 during high season and another during medium season), six weeks occupancy with three weeks in both summer and winter (1 during high season, 1 during medium season and 1 during low season). All of these options will give you a full VAT refund. The system is highly flexible since if you don’t use all your occupancy, the weeks can be turned into credit to be used in the property at other time. If you reserve an apartment before 15th December, you will be able to use your property this ski season, even before completing the purchase!
If you would like further information about this property, do not hesitate to visit our website: www.sextantproperties.com or contact us on 020 7428 4910 with the reference number 52617.