Archive for October, 2008

Friday, October 24th, 2008

Samoens, 1 Bed Leaseback Resale
The Apartment
A one bedroom resale leaseback apartment delivered for the winter season 2005. This north and west facing corner apartment is located on the first floor of the Golese residence with beautiful mountain views from all angles. The apartment sleeps four and is sold with a fully fitted kitchen, fully furnished, an underground parking space and a ski locker.

The development consists of 44 apartments and 30 chalets with excellent facilities including an indoor swimming pool, sauna and steam room and a gym. There is a ski bus that stops directly outside of the complex and only takes 2 minutes to reach the ski lift that links into the Grand Massif ski domain. The village centre is only a 4 minute walk away from the apartment.

The Investment

The apartment is run by La Grange, one of the largest management companies in France who have over 25 years experience. It is on the leaseback scheme with an 11 year lease of which just under 8 years remain with the opportunity to renew this lease at the end of the initial term. The apartment is financed on the net price so there is no need to claim back the VAT.

The rental yield per annum is €3,709 (euros) in cash as well as 1 weeks usage in mid winter season and 1 weeks usage in mid summer season. Personal weeks can be swapped between residences (like for like), there is a discount on additional weeks in your apartment of 20% and up to 20% in other La Grange residences as well as a €40 last minute weekend deal for use of your apartment (subject to availability). For more information on La Grange please click here

The net price to finance is €118,000, which is an extremely competitive price for an apartment in this area. Since the apartments were only completed for the winter 2005, they are still classed as new build and have reduced notaire fees.

The Location

In the heart of the Alps, between Geneva and Chamonix (Mont Blanc), Samoens is a beautiful mountain resort surrounded by seven peaks of up to 2500 metres high. It is a small town in a sunny valley only a few minutes from the Le Grand Massif. Once a thriving centre for stone masons, the town has beautiful traditional architecture, and stunning natural surroundings. It is a lovely historic village with a small pedestrianised centre home to many appealing shops. With an all year round community, Samoens retains a very rural France feel. The region is ideal for both winter and summer holidays due to the breathtaking countryside of lakes, waterfalls, forests and vast open countryside. Samoens is a popular destination not only for skiing (130 pistes between the 5 resorts of the Grand Massif area: Samoens, Morillon, Les Carroz, Flaine and Sixt-Fer-a-Cheval), but also for walking, sightseeing, fishing, rafting and sailing and the natural charm of Samoens which has maintained its traditional character and authenticity.

Samoens is only 60km (approximately 1 hour) from Geneva international airport and is also easily accessible by car and by train (only 20km from SNCF Cluses).

If you would like to discuss this apartment in more detail, please contact one of our ski specialists immediately.

Le Scoop
The location, quality of build, renowned management company, the limited supply of property in central Cannes and increasing demand from a diverse range of international buyers makes a purchase at Le Scoop a very compelling investment proposition.

Le Scoop Deluxe Suites and Apartments in Cannes are available for purchase on a freehold basis, fully furnished with underground parking. The luxury residence offers a “hassle free” investment as they are fully and professionally managed for 11 years by a company experienced in running high-end business and leisure accommodation. A truly exclusive development with only 44 suites, ownership here will represent the most impressive and elite investment we have ever seen.

Le Scoop
Whilst retaining the intimacy and charm of a luxury 1850s residence, Le Scoop has a selection of apartments, from large Suites to rooftop penthouses. A true marriage of excellent taste and quality, the contemporary design mingles with a Mediterranean inspiration. The luxurious furniture here is of the highest quality, including a massaging mattress, High-Definition DVD player, fully equipped office and relaxation areas. All private bathrooms will include a soothing jacuzzi-spa bath and you will have access to high-speed broadband and 5000 major television channels. Expect VIP treatment and excellent service, which includes a fully multilingual reception, gourmet restaurant, dry cleaning, concierge and more.

Location

Due to the immediate proximity to the Palais des Festivals this will be one of the most sought after locations along the Cote dAzur. Truly unique, there has not been a new development this close to the Palais in the last 25 years, and there is unlikely to be another one. Only 30m from the famous theatre, this will be the nearest luxury residence to the Palais.

Cannes is a global brand symbolising luxury, prestige and the art of living more than any other. La Croisette, is one of the most famous promenades overlooking the Mediterraneans sandy beaches, the perfect place where people meet, dine and relax under clear blue skies. Cannes is synonymous with style and sophistication - attracting a discerning clientele from around the world.

An ideal investment

At Le Scoop, purchasers will benefit from a hassle free rental management solution. It will be managed by “First by Home business” who specialise in luxury residences throughout France. Owners will be able to take up to 70 days occupancy of their property, and there are many flexible usage options that specialist consultants at Assetz will be more than willing to discuss with you. You will in turn achieve 75% from all rental income received. Using conservative occupancy rates of 69%, this could equate to a net yield of 5.51%!

This exclusive and unique property represents an opportunity to own a luxury property in the centre of the famous and prestigious Cannes. Become a part of the celebrity culture, whilst assuring a secure investment for your future.

Further details are also available by clicking here.

Sunday, October 19th, 2008

Roc Belle Face, Les Arcs
The Development

Roc Belle Face is a four star residence in the family orientated resort of Les Arcs 1600. Located at the foot of the slopes, this ski-in, ski-out development is also situated next to the funicular, taking you directly to Bourg St Maurice. The contemporary residence is being constructed by one of the most established and reputable developers in France and will be completed to an extremely high standard. Each of the 115 apartments will have a fully fitted bathroom and kitchen and will be furnished with high quality furniture. Private facilities in the complex will include an indoor heated pool, sauna, hammam, fitness centre and ski storage area. Underground parking is provided for the apartments and each will have a private cellar and balcony.

Completion is due at the end of this year, in time for the 2008-2009 ski season.

Prices

1 Bed from 195,242 Euro
1 Bed + Cabine Duplex from 281,784 Euro
2 Bed (H) from 347,423 Euro
2 Bed + Cabine Duplex from 343,535 Euro

The Location

As the original resort in the Arcs area, the village of Arcs 1600 has a warm and friendly atmosphere and welcomes you in both summer and winter. The fully pedestrianised resort has breathtaking scenery and stunning views of Mont Blanc, as well as tree-lined pistes, which hold the snow well. As a south west facing resort, Les Arcs 1600 also benefits from an exceptional amount of sunshine.

Les Arcs 1600 is located in the Savoie region close to the resorts of La Plagne and Peisey-Vallandry in the Paradiski region. This area has a huge 425km of pistes for skiers and boarders of all levels, one of the largest ski areas in the world served by 175 ski lifts. It also boasts an impressive array of features, including 5 snow parks, 2 glaciers and 2 summits at an altitude of more than 3000 metres! The “Vanoise Express” cable car connects all of Les Arcs with La Plagne and Peisey-Vallandry creating a very accessible area.

There are plenty of activities other than skiing to enjoy in Les Arcs 1600 and the surrounding area, in both summer and winter. These include show-shoe walking, dog-sledding, ice-skating, and ice-climbing in winter and golf (18 hole golf course), squash, swimming, paragliding, canoeing and mountain biking in summer.

Leaseback
This development is available on the leaseback scheme, meaning that it benefits from a 19.6% VAT reduction and in this instance the developer will fund this for you. There are various personal usage options available, with up to 12 weeks usage and the possibility of increasing the rental yield by giving back any unused weeks to the management company. Owners will benefit from net guaranteed rental returns of up to 4.5% on selected apartments, depending on the usage option chosen.

If you are interested in finding out more about this property, please feel free to contact one of our ski specialists, who will be happy to answer any questions you may have and can place reservations on your behalf.

Thursday, October 16th, 2008

Residence Les Fermes, St Gervais
A new four star leaseback or pure freehold development of 50 ski apartments with swimming pool situated in the charming mountain village of Saint Gervais linked to the Chamonix valley.
The apartments range from studios to larger 3 bedroom apartments spread over 5 chalets and benefit from the usual four star on site facilities including swimming pool.

This famous spa resort of Saint Gervais is easily accessible within an hours drive from Geneva airport and just 25km from Chamonix and 11km from Megeve. The local skiing is excellent with access to the surrounding areas of Megeve, Combloux and Les Contamines and further linked to Les Houches by the Mont-Blanc mountain tramway incorporating around 420km of pistes.

As well as a great skiing destination, the Chamonix region of France is very popular for a host of all year round activities including climbing, hang-gliding and, of course, great walking and hiking whilst affording spectacular views of Mont Blanc. There are thermal baths locally at Saint Gervais and an excellent golf course under 30 minutes away just outside Chamonix.

Net guaranteed index-linked rental incomes of 4.1% are secured through a leaseback agreement. Alternatively various usage options are available.

Prices:

Studio from: 154,628 Euro
One bed apartment from 234,175 Euro
One bed + cabine apartment from 265,332 Euro
Two bed + cabine apartment from 313,592 Euro

This development can also be bought as a pure freehold with the VAT of 19.6% added to the above prices.

Modern Chalet, Praz Sur Arly, Nr Megeve
The Chalet

The chalet is located in the traditional village of Praz Sur Arly in a pretty wooded setting just 5km from Megeve. The ski slopes are just 700 metres from the chalet and the village just 800 metres.

This spacious residence is 220m2 and the land surrounding it is 1300m2. The chalet is newly constructed in a contemporary style with a light and airy feel thanks to the many windows. Natural materials were used in the construction of the chalet, including sheeps wool for the insulation as well as wood fibre and organic paints. The chalet is very ecological with a system of rain water recycling, a boiler run on wood chippings with an interior wood store. The type of wood used in the construction of the chalet is traditional Meleze.

There are three floors to the chalet with a laundry and garage with automatic door for 3 cars underground; an entrance hall, wc, kitchen, dining room and living room on the ground floor; an independant living area with fireplace, bedroom with bathroom and dressing room on the half floor; and 3 bedrooms (including one with a mezzanine), a bathroom and playroom on the first floor.Outside there is a large south facing terrace and a balcony made from Meleze wood is currently being built.

The Location

Praz sur Arly is a charming traditional village located just 5 km from the popular resort of Megeve. It is located in the Haute Savoie region, approximately one hour from Geneva International Airport. The resort is part of the Espace Diamant ski area with 185km of piste with slopes up to 2000 metres. The other resorts making up the ski area are Les Saisie, Notredame de Bellecombe, Flumet and Volant Cohennoz.

If you would like further information on the chalet, please call the number below and speak to one of our ski property consultants.

Monday, October 6th, 2008

Le Scoop
The location, quality of build, renowned management company, the limited supply of property in central Cannes and increasing demand from a diverse range of international buyers makes a purchase at Le Scoop a very compelling investment proposition.

Le Scoop Deluxe Suites and Apartments in Cannes are available for purchase on a freehold basis, fully furnished with underground parking. The luxury residence offers a “hassle free” investment as they are fully and professionally managed for 11 years by a company experienced in running high-end business and leisure accommodation. A truly exclusive development with only 44 suites, ownership here will represent the most impressive and elite investment we have ever seen.

Le Scoop
Whilst retaining the intimacy and charm of a luxury 1850s residence, Le Scoop has a selection of apartments, from large Suites to rooftop penthouses. A true marriage of excellent taste and quality, the contemporary design mingles with a Mediterranean inspiration. The luxurious furniture here is of the highest quality, including a massaging mattress, High-Definition DVD player, fully equipped office and relaxation areas. All private bathrooms will include a soothing jacuzzi-spa bath and you will have access to high-speed broadband and 5000 major television channels. Expect VIP treatment and excellent service, which includes a fully multilingual reception, gourmet restaurant, dry cleaning, concierge and more.

Location

Due to the immediate proximity to the Palais des Festivals this will be one of the most sought after locations along the Cote dAzur. Truly unique, there has not been a new development this close to the Palais in the last 25 years, and there is unlikely to be another one. Only 30m from the famous theatre, this will be the nearest luxury residence to the Palais.

Cannes is a global brand symbolising luxury, prestige and the art of living more than any other. La Croisette, is one of the most famous promenades overlooking the Mediterraneans sandy beaches, the perfect place where people meet, dine and relax under clear blue skies. Cannes is synonymous with style and sophistication - attracting a discerning clientele from around the world.

An ideal investment

At Le Scoop, purchasers will benefit from a hassle free rental management solution. It will be managed by “First by Home business” who specialise in luxury residences throughout France. Owners will be able to take up to 70 days occupancy of their property, and there are many flexible usage options that specialist consultants at Assetz will be more than willing to discuss with you. You will in turn achieve 75% from all rental income received. Using conservative occupancy rates of 69%, this could equate to a net yield of 5.51%!

This exclusive and unique property represents an opportunity to own a luxury property in the centre of the famous and prestigious Cannes. Become a part of the celebrity culture, whilst assuring a secure investment for your future.

Further details are also available by clicking here.