PRICE REDUCTION | 3-4 bedrooms | 5 Star Hotel SPA | Outright Flaine, Haute-Savoie, Rhone-Alpes, France 4 Bed Flat From: £565,023 | €635,000 | $749,935 Request a Currency Exchange Quote Here

Unique opportunity: a 3/4 bed with 3 bath, in a Premium 5 ***** ski in - ski out development. Full facilities on site

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Property Attributes

Amenities & Services

Fully Managed, Self Managed, Parking, Security, Concierge, Bar, Gym, Laundry, Linen Change, Maid Service, Park, Playground, Restaurants

Fixtures-Fittings-Furnishings

Fully Furnished, Air Conditioning, Alarm, Bath, Carpets, CD Hi Fi, Childrens Cot, Childrens Highchair, Cooker, Dishwasher, Dryer, DVD Player, Fax, Fridge, Garden Furniture, Microwave, Satellite / Cable TV, Shower, Smoke Alarm, Sofa Bed, Telephone, Television, Toilet, Self Catering

Lifestyle features

Tourist Letting, Resort, Equestrian, Fishing, Golf, Ski, Spa, Cycling, Hiking, Mountain, Complex, Development, Hills

Property Features

Balcony, Terrace, Allocated Parking, Bay Windows, Cellar, Central Heating, Cloakroom, Dining Room, Disabled Access, Double Glazing, Electric Heating, Ensuite, Fitted Bathroom, Fitted Kitchen, Fitted Wardrobes, Hot Tub, Insulation, Intercom, Internet Access, Jacuzzi, Lift, Lobby, Off Street Parking, Outside Space, Sauna, Underground Parking, Views, Wooden Floors, Reception

Building Characteristics

Freehold, Leasehold, Furnished, Newly Decorated, Off Market, Renovated, Share of Freehold, South Facing, Storage, Suitable For Children, Suitable For Elderly, Vacant, Recent Construction, Top Floor

Purchase Incentives

Chain Free, Assisted Purchase
Property Description ID:16974869

 Possibility to use it up to 39 weeks per annum (based on historic 13 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: 39 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%

 

 

 

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    Important Property Information

    Available Units

    Apartment:
    • GBP Price: £565,023
    • EUR Price: €635,000
    • USD Price: $749,935

    Key Selling Points

    • 90 Sq m | 940 Sq ft
    • Mountain
    • Pierre & Vacances Premium
    • Apartment
    • Unique outright purchase | Hotel SPA | Underground Parking
    • 24/24 Concierge - Spa Gym Sauna Hammam outdoor heated swimming pool
    • 18 holes Golf course
    • Ski in - Ski out
    • Outstanding resort
    • 2 Secured ski lockers + 2 cellars
    • Outstanding resort
    • 2 balconies
    • Finance available: fixed rate
    • Sleeps 8. Custom furniture
    Mortgage Information
    Investment Facts

    Category : Residential Buy to Let

    Cash requirement : £578,370

    Discount: 30% to Historic Price

    bought in 2007 for €997,000

    Finance: 85% LTV at 2.75% Interest Rate

    French fixed rate mortgage

    Risk Level: Moderate

    Sought after location

    Furniture : Furnished

    €15,000

    Income Yield: 5.00% Gross Yield Estimated

    Returns Start In...: July 2017

    Bookings for summer and winter season

    Personal Use:

    no restrictions
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