Property Details:
Property ID: 16974869
Price: £538,679
Property Location: France, Rhone-Alpes, Haute-Savoie, Flaine
Investment Type: Property Investment
Type of Property:
- Flat
- Flat
£538,679
Apartment
£538,679
Flat
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PRICE REDUCTION | 3-4 bedrooms | 5 Star Hotel SPA | Outright
Description
REDUCED from €750,000 to €650,000 to END of SEPTEMBER 2016. Possibility to use it up to 37 weeks per annum (based on historic 15 wks/year lettings) The two units were joined into one very large 4 Bed apartment (currently used as 3 bedrooms and 1 very large dressing room) and was bought in 2007 for close to €1,000,000 inc. VAT. Ski in - Ski out Fully furnished apartment with additional quality furniture. Fully equipped kitchen with dishwasher. New LCD TV Leaving room seats 8, dining room seats 8 and apartment sleeps 8-10 Outstanding South facing apartment: views over Flaine and mountains from the 6th floor (out of 7) of this Résidence Premium. Unique opportunity: a 4 bed with 3 bathrooms, 2 cellars (storage), 2 ski lockers and 2 balconies unit in a Premium 5 ***** ski in - ski out Hotel SPA development in Flaine. Full facilities on site: swimming pool, gym, spa, 24/24 reception, underground carpark access. Free Shuttle service to Flaine center (Flaine Forum) and complimentary private Shuttle from 7pm-1am from the Résidence to Flaine center. Supermarket is 2 mins drive (or shuttle), parking available and for major shopping, there is a supermarket 20 mins drive in Carroz. Breakfast by "Fauchon" can be booked at reception, meals can be ordered and delivered to your apartment. Restaurant in the Résidence + 1 next door The unit comes with 2 secured heated ski lockers. The apartment can be used all year round and is generally let for 13 weeks per annum, generating a rental income of over €32,000 per annum. Current owners used it for the summer and partly for the winter seasons. Current possible occupancy based on historic 13 wks lettings: 37 weeks per annum The apartment is priced to sell and preferably to a cash buyer. Pre-agreed finance with major French banks on a 10-25yrs fixed rate. Maximum LTV 85%