Classified 5 stars, LE VILLAGE DES BELLES ROCHES is a high quality entirely new residence, located in the heart of Notre Dame de Bellecombe.

Totally made of wood, this resort perfectly complies with the alpine landscape and offers the most exacting services in a prestigious site.

Les Belles Roches 73590 Notre Dame de Bellecombe is at the bottom of the slopes. The development includes its own indoor swimming pool sauna and Jacuzzi.
It is close to all amenities adn is 10 KM from Megeve andMont Blanc.

This Lease back development offers 3 beds apartments and was completed in December 2007 the first rental payment is due on the 01/04/2008 and the lease will run for 11 years and 9 months.
Leaseback property has been around for two decades in France and was introduced by the French government to increase the quantity of quality holiday accommodation available in areas capable of attracting more tourists.

A leaseback scheme enables you to purchase freehold a property which you then earn a guaranteed rental income from. When leaseback schemes are sold, there is a pre-selected property management company to whom you "leaseback" your property for a period which usually ranges between 9 and 12 years.

During the period you leaseback your property to the property management company, you have the peace of mind of owning property and benefiting from a guaranteed income, yet none of the hassle related to letting out and maintaining the property! This is one of the reasons why the leaseback scheme is so popular and that there is not enough supply to meet demand.

Depending on the development you can usually use your property for a certain number of weeks per year for holidays although this differs from development to development. Some developments will offer owners discounted use (usually ranging between 10 –25%) instead of free weeks whereas others (usually those located in cities offering a higher yield) may not offer any use either free of charge or at a discount.

The guaranteed rental income tends to range between 2.5% and 6% per annum depending on the property, whether you will be taking your holidays in it and where it is located. Different property management firms offer different rental incomes, but in general the less you use your property the higher your yield will be.