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Property for sale information

 
Les Balcons de Recoin (Chamrousse)  
Reference nr: NL579083
Description:

Leaseback Scheme in the Alps Region
Type of Apartments: 1 to 2 Bedroom
Guaranteed rental yield: 4%
Prices from: €124537 - €223197
Lease: 11 years years
Payment of rent: Every calendar quarter arrear
Delivery: December 2008
The apartments are ideally located in the heart of the Ski Station of Chamrousse, very close to the ski lifts and the shopping area.

The residence “Les Balcons de Recoin” consists of 1 and 2 Bedroom apartments spread over 2 buildings. The apartments, 128 in all, have been designed for absolute comfort in a secure residential complex. All units benefit from a balcony and a personal ski compartment. Parking spaces are also available. On site services: reception lounge, breakfast room, restaurant, spa, indoor pool, Jacuzzi, sauna, hammam, etc..Chamrousse, in the French Alps, is where Jean-Claude Killy rose to fame in the 1968 Olympics. Situated in the Southern end of the Belledonne mountain chain, just half an hour from Grenoble. There is easy access from Dublin & London Stansted via Ryanair.

The ski station of Chamrousse is ideally based and has an excellent ski school. There are plenty of nursery slopes to get started on before progressing to the intermediate runs and the black runs for the more experienced skiers. There’s plenty of diversity too, with wide open pistes and narrow runs through the woods, for the more adventurous. Langlauf is also possible. Imagine 92 kilometres of runs just half an hour from Grenoble! You will enjoy this Family Station with 23 Ski Lifts and a great freestyle area which includes 1 snow park for the snowboarders.

In the evening the skiers can enjoy the lively bars and discotheque. In all there are 25 bars / restaurants, 20 sports shops and all the other necessary services inside the station. For non-skiers why not stroll around the historic city of Grenoble or visit one of its many museums and art galleries. Right in the centre of the ski station, close to ski lifts . Prime location just half an hour from the wonderful city of Grenoble. 4% yield with 2 weeks occupancy for 1 bed and 3 weeks occupancy for 2 bed apartment. Flights from Dublin to Geneva with Airlingus. Geneva by train 2 hours

All prices include:
All furniture, furnishings and kitchen appliances
Full bank guarantee
10 year warranty against building defects

Bedrooms: Bathrooms: Price (€):
1 1 124,537
Features:
Ski
Submission Date:
06-28-2007
Last Update:
08-30-2007
Advertiser Details:


Name:
Nuala Lyons

Company:
French Property Ireland

Phone:
1850 882 800
Fax:
+353 91 585 890
Mobile:
087 1234953

 
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Calculators

 
Property price: €124,537
 

Mortgage

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ROI

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Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
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** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

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Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations