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Property for sale information

 
Courchevel - Les Chalets du Forum  
Reference nr: NE934748
Description:

Leaseback for 9 years with Pierre and Vacances
Guaranteed Rental Income: 4.5% per year
No maintenance fees or management costs
No insurance or furniture costs
Excellent Investment


Courchevel 1850 is the richest, jet-set resort in the French Alps. It lies in Savoie, in the Three Valleys and this prestigious resort offers panoramas of rare beauty. Its reputation resides in the successful combination of current trends and tradition, international glitter and the Savoyard art of living. At the same time a rendez-vous for stars and a haven of relaxation for families, Courchevel is unique and famous throughout the world for its very special charm.

Les Chalets du Forum is made up of 55, 1-5 bedroom roomy, elegant apartments, divided into 3 three-storey buildings. All apartments have top of the range renovations with high quality furnishing and fittings.

The development is 100m from the ski lifts and within immediate reach of the shopping centre, entertainment and sporting activities.

Available are 1, 2, 3 and 5 bedroom apartments.

Bedrooms: Bathrooms: Price (€):
1 1 500,000
2 1 700,000
3 1 1,000,000
Features:
Ski
Submission Date:
08-24-2007
Last Update:
08-30-2007
Advertiser Details:


Name:
Niamh Erbek

Company:
Pierre Vacances

Phone:
+353 (1) 483 0846
Fax:
+353 (1) 483 0847
Mobile:
0872439555

 
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Calculators

 
Property price: €500,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
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 (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** 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.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
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