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Property Details:

Property ID: 16974869

Price: £579,869

Property Location: France, Rhone-Alpes, Haute-Savoie, Flaine

Investment Type: Property Investment

Type of Property:

  • Flat
  • Flat

Apartment
£579,869

Flat

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PRICE REDUCTION | 3-4 bedrooms | 5 Star Hotel SPA | Outright

Description

 Possibility to use it up to 39 weeks per annum (based on historic 13 wks/year lettings)

The two units were joined into one very large 4 Bed apartment (currently used as 3 bedrooms and 1 very large dressing room) and was bought in 2007 for close to €1,000,000 inc. VAT. 

Ski in - Ski out

Fully furnished apartment with additional quality furniture.

Fully equipped kitchen with dishwasher. New LCD TV 

Leaving room seats 8, dining room seats 8 and apartment sleeps 8-10

Outstanding South facing apartment: views over Flaine and mountains from the 6th floor (out of 7) of this Résidence Premium.

Unique opportunity: a 4 bed with 3 bathrooms, 2 cellars (storage), 2 ski lockers and 2 balconies unit in a Premium 5 ***** ski in - ski out Hotel SPA development in Flaine. Full facilities on site: swimming pool, gym, spa, 24/24 reception,

underground carpark access.

Free Shuttle service to Flaine center (Flaine Forum) and complimentary private Shuttle from 7pm-1am from the Résidence to Flaine center.

Supermarket is 2 mins drive (or shuttle), parking available and for major shopping, there is a supermarket 20 mins drive in Carroz.

Breakfast by "Fauchon" can be booked at reception, meals can be ordered and delivered to your apartment.

Restaurant in the Résidence + 1 next door

The unit comes with 2 secured heated ski lockers.

The apartment can be used all year round and is generally let for 13 weeks per annum, generating a rental income of over €32,000 per annum.

Current owners used it for the summer and partly for the winter seasons. Current possible occupancy based on historic 13 wks lettings: 39 weeks per annum

The apartment is priced to sell and preferably to a cash buyer.

Pre-agreed finance with major French banks on a 10-25yrs fixed rate. Maximum LTV 85%

 

 

 

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