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Property for sale information

 
Les Loges Blanches, Megeve Valley, Alpes de Haute-Provence, France  
Reference nr: MD818310
Description:

This deluxe tourism and leisure residence situated in Megeve just 500 meters from the centr eof the village and the famous casino is totally dedicated to well being. The 4 chalets for accomodation enjoy top quality facilities and have an ideal location. They have an excellent quality of furnishings and are extremely well equipped. They all have large terraces that open out onto the neighbouring countryside. The residence 'Les Loges Blanches' also has a shared area of around 300m2 for dinign and relaxation with its leisure rooms. Its heated outdoor swimming pool will ensure you make the most of your stay.

The Residence
- Fully furnished
- Secured front door
- Interphone
- Individual Electric Heating + Floor heating
- Fitted Kitchenette & Cupboards
- Fridge
- Dishwasher
- Microwave
- Induction Hob
- Bathroom with shower/bath & Toilet
- Flat Screen TV
- Telephone
- Electric Shutters
- Acoustic Double Glazing
- 10 year building warranty
- Wool Carpet in Bedroom
- Oak floor in Lounge
- External Car Park and Internal Garage with electric gates
- Laundrey
- Ski Store Room
- Heated External Swimming Pool
- Reception
- Bar
- Restaurant with Open Fire
- External Terrace

The Investment
- High rental demand
- Yield paid Quarterly
- Return of VAT 19.6%
- Rental Income index linked
- Lease contact automatically renewed after 11 years
- Completion due December 2008
- Yield 4.28%
- Lease Term 11 Years & 11 Months

The Access
- By Plane - Geneva / Grenoble
- By Train - Eurostar London to Bourg St Maurice then traqnsfer to Gare de Sallanches(Le Faet)bus and taxi service available to Megeve free local bus system
- By Car - 70km from Geneva / 600km from Paris / 33km from Alberville

The Region
The Resort - This renowned international site was launched in 1916 by Baroness Rothschild as a ski resort facing Mont-Blanc and the needles of Chamonix, and the only equivalent is Saint-Moritz in Switzerland. Both summer and winter, you will have a memorable stay; all forms of snow sports (downhill skiing, cross-country skiing and snow boarding) over an area of 445km of slopes, snowshoe paths , air sports (hot air ballooning), 18 hole golf course (Mont d'Arbois golf course), horse riding, casino...Its hotels, such as the Mont Blanc, its 50 restaurants, and 200 luxury boutiques make it a special place. Not to be missed are the Saint Tropez style evenings in the Caves of Megeve or the essential 5 rules jazz club.

Why Invest in Megéve? Megéve has committed itself to providing quality facilities that are seen as a national benchmark. It offers visitors transport and information to ensure a successful stay. Since January 2004, Megeve has become part of the prestigious Best of Alps organization that groups together twelve associated alpine sites. These sites are tourist destinations that have been known for ever, and are much appreciated for their natural surroundings, their integration into the region and tfor the perfect marriage between well kept traditions and progress.


Narrow pedestrian streets to stroll down, picturesque horse-drawn sleighs… Megève has managed to p

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 319,000
Features:
Ski
Submission Date:
11-01-2007
Last Update:
06-23-2008
Advertiser Details:


Name:
Michael Keaney

Company:
Property Match

Phone:
+353 (0)91 700 222
Fax:
+353 (0)91 766 294
Mobile:
+353 (086)2529106

 
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Calculators

 
Property price: €319,000
 

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