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Property for sale information

 
Val d'Isere L'Aquila - Luxury Prestigious Freehold Property  
Reference nr: NE734883
Description:

The exclusive resort of Val d'Isere is known as ‘the most beautiful ski area in the world.’

L'Aquila: Luxurious apartments with high quality interiors designed by the famous Alpine architect Alan Perrier. Spectacular views, superb ski-in-ski-out location and close to the town centre. Over 300km of ski runs and 90 lifts to suite all levels of skiing.

You can now purchase these apartments with a 9-year leaseback agreement or as traditional freehold. This new leaseback option entitles investors to save 11.6% VAT on the purchase price – a significant saving on these luxury apartments.

The lease, in very simple terms allows P&V the use of the property for 3 weeks a year, while the owner has 11 weeks a year and no annual running costs to pay (usually €60/m2 per year). Owners may use their 14 weeks or sub-let them as they wish each year, without any maintenance costs and a substantial saving on the purchase price.

This is rare opportunity to purchase a luxury Val d’Isere property right at the base of the main slope in a prime location that includes highly sought-after double underground parking spaces. Val d’Isere remains one of the most popular ski resorts in Europe and the property there remains highly sought after for several key reasons:

Excellent snow and ski conditions
Summer and winter facilities
No more building allowed in Val d’Isere
Hosting 2009 World Alpine Championships further enhancing reputation and infrastructure
FREEHOLD and Managed by Pierre et Vacances.

Bedrooms: Bathrooms: Price (€):
1 1 562,000
Features:
Furnished
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: €562,000
 

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