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Property for sale information

 
Goleon Val Ecrins  
Reference nr: SC902148
Description:

Goleon Val Ecrins
Les Deux Alpes – Alps - France

4.20% NET GUARANTEED RENTAL INCOME
11 YEAR LEASE

One Bedroom 45m² to 45m² €355,000 to €355,000
Two Bedrooms 77m² to 77m² €564,000 to €564,000
Three Bedrooms 71m² to 71m² €474,000 to €531,000
Four Bedrooms or More 92m² to 111m² €587,000 to €679,000
Prices exc VAT at 19.6%

THE LOCATION
Between 1300 - 3600 metres of altitude in the heart of the Oisans and the Ecrins Mountains, The 2 Alps ski resort boasts yearly snow coverage of between 20 to 80cm and excellent snow conditions as well as an exceptional level of sunshine all year round, comparable to the weather in the South of France. Le Goleon and Val Ecrins residences are located in Les 2 Alpes at the entry of the resort at the foot of the ski slopes, only 70km from Grenoble and 160km from Lyon Airport, both easily accessible by various low-cost flight carriers. The "2 Alps" do not refer to the two mountains that the resort encompasses but rather the two villages of Venosc and Mont De Lans that sit at either end of the north-south plateau on which the resort was built. Les Deux Alpes also boasts one of the most extensive and revered snow parks in Europe, with a half pipe, multiple kickers, and two boarder cross courses.

THE RESDIENCE
These residences offer ski in ski out apartments with their own individual balconies measuring from 10 to 36 square metres to assist in fully enjoying the sunshine as well as the stunning landscapes. Les 2 Alps in Winter: a yearly international event, 220km of ski slopes, 214 snow cannons, 104 ski slopes, 51 ski-lifts, 250 ski teachers, a stunning off-trail area, one of the best snowboard parks - Les 2 Alps in Summer : mountain biking, paragliding, water sports, go-kart and trampoline. Visitors are within walking distance to shops and restaurants. Additional activities include skating, bowling, shopping, fitness centres and dog sledging. High quality building material and furnishings have been chosen to guarantee the comfort of guests. Residence facilities include a covered heated swimming pool and a Turkish bath and Sauna.

PROPERTY DETAILS
Price and size range:
1 bedroom apartments priced from 355 000 euros measuring 45 square metres
2 bedroom apartments priced from 564 000 euros measuring 77 square metres
3 bedroom apartments priced from 474 000 to 531 000 euros measuring 71 square metres
4 bedroom apartments priced from 587 000 to 612 000 measuring 92-94 square metres
5 bedroom apartments priced from 678 000 to 679 000 euros measuring 111 square metres
*prices are net of VAT and include furniture cost
Parking: YES (communal parking).
New/Old property: Heavy Renovation (French notary fees approximately 3%).
VAT: VAT is paid by the client and refunded 3-6 months after building completion.
Co-ownership fees: per year
40 sqm: 200 euros
80 sqm: 300 euros
100 sqm: 400 euros
130 sqm: 500 euros
Land tax: per year
40 sqm: 700 euros
80 sqm: 1000 euros
100 sqm: 1200 euros
130 sqm: 1600 euros
Number of Units: 20 total units (between the 2 residences).
Extras: Direct access to the 2

Bedrooms: Bathrooms: Price (€):
1 1 355,000
2 1 564,000
3 474,000
Features:
Furnished
Ski
Submission Date:
10-15-2007
Advertiser Details:


Name:
Shane Cunningham

Company:
Pruntys Overseas property

Phone:
00353 1 498 3733
Fax:

Mobile:

 
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Calculators

 
Property price: €355,000
 

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:
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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 (€) **
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