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INVESTORS
CAN DOUBLE THEIR MONEY AND MUCH, MUCH MORE*
Outstanding
Investment Package in Vallorcine near Chamonix
Superb
development with high yield of 5.0%
We
are extremely excited to present this opportunity to you. A limited number
of fully furnished apartments are being offered in this prestigious development
with a guaranteed index linked yield of 5.0%. This is an excellent rate of
return on a leaseback property in the Alps. The resort is unique in its
location and affords the opportunity for significant capital
appreciation.
Existing
interior by the developer
YOUR
OUTLAY IS ONLY A 5% DEPOSIT
KEY
FACTORS
-
Luxurious
fully furnished 4-star Alpine properties in unique ski locations
-
Guaranteed
rental return, index linked, for first 9 years
-
80%
mortgages available on gross price, that’s 95% mortgages on the
net price paid
-
No
VAT to pay
-
Fixed
interest rates
-
No
stage payments
OVERVIEW
We
now have a fantastic package to offer: a superb development in the
Chamonix
Valley
which investors will jump on due to the popularity of the resort,
famous as THE all-year-round resort with huge capital growth
potential.
This
particular project has backing from the mayor of Vallorcine
himself and is proving a huge success with those investors that
want a slice of
Chamonix
at a fraction of the price. Vallorcine benefits from an excellent
location in the world famous Chamonix Valley, yet prices are still
much lower than those in Chamonix itself, as it is the last big
ski development in the area – this is a unique transformation of
a traditional mountain village into a exclusive and luxurious ski
resort, capital appreciation is expected at around 10% per year!
INVESTMENT
PACKAGE AND RETURNS
The
developer, ImmoConcepts, is offering 2 blocks of apartments for
sale on the investment deal. This offer is targeted purely
at investors who are looking for high guaranteed returns, in this
case set at an annual net return of 5% for the first nine years
with high capital growth expected for the area. This return
is index linked. An attractive main advantage of this scheme
is that there are no stage payments for investors – this is all
taken care of for you.
CHARGES
AND FEES
-
Reduced
notary and finance fees apply in this special package
-
Life
insurance will be required for all applicants which will be
approximately 0.25% per annum and will vary dependent on age
and personal situation
-
Conveyancing
– our qualified solicitor will provide a full service for a
flat fee of £1200
-
A
3% fee for early repayment on an interest only 10-year
mortgage will apply
WHAT
YOU NEED TO KNOW
This
package includes a guaranteed property management service for the
first nine years after which the contract must be negotiated.
This service includes lettings, property upkeep and maintenance,
and all administration.
If
you decide to sell before the mortgage term is complete, investors
will be responsible for repaying the VAT at 1/19th per
year up to 20 years. This does not apply if you sell to a
purchaser who retains the property in the leaseback scheme.
Usage
rights can be negotiated during off season periods. A
cleaning charge of Euros200/week will be charged. In peak
season investors can rent the property at a discount of 15% off
the printed commercial rental rates.
The
developer, Immoconcepts, is a secure and sound organisation and
provides a garanti d’achevement (completion guarantee) to all
purchasers; a further guarantee identifies that the developer
holds substantial funds (up to 70%) required to complete their
projects .
*
Based on conservative capital appreciation of 7.5% although
realistic growth is more likely to be 10-20% and upwards
**
Subject to notary and finance fees
Interiors
of equivalent standard previously constructed by the developer
THE
RESORT
Nestled
in the heart of the "Aiguilles Rouges " mountains,
Vallorcine offers a dramatic environment in a charming village
setting. A short distance from the Swiss border and the
popular resort of Chamonix, this authentic resort benefits from an
impressive mountain landscape and traditional Alpine surroundings.
This superb 4*
residence will consist of 80 luxurious and spacious apartments, in
a ski-in ski-out position and right next to the brand new cable
car. There will be a wellness centre, bar and a restaurant with
terrace right by the cable car. The properties will range
from 1-bed apartments (40-50m2) to 4 bed duplex apartments and
includes covered parking and 4* furniture package.
THE
FACILITIES
A mountain holiday should also include rest, relaxation and time to
recharge.
Within the heart of the complex, our state-of-the-heart health club is
available for all guests. The facilities include a heated indoor
swimming pool - perfect for relaxing the muscles before or after a day
'
s skiing - sauna, hot tub, massage room and a fitness area featuring the
latest equipment.
Chalets and apartments for a top-notch family ski holiday!
Each chalet and apartment is equipped with a voluminous living room,
comfortable sofas, a home cinema, a large LCD satellite television with
DVD player and PC media centre with WIFI and internet access. In
addition, each bedroom is equipped with LCD satellite television. Each
apartment has a fully equipped kitchen and a bathroom.
WHAT
THE PRESS SAYS
Last
great French ski investment?
It
could be the last development in the Chamonix Valley, but will it
ruin the charm of a village, asks Cheryl Markosky
Ski
resorts typically evolve over time, but one diminutive French
alpine community is executing a bold plan to transform itself into
a high-end holiday destination virtually from scratch.
Vallorcine,
a few miles from the Swiss border, has hitherto been associated
with a hushed lifestyle, lived in simple wooden homes. But the 450
residents who chose this traditional mountain village over
livelier towns in the Haute-Savoie will – if the local mayor,
Patrick Ancey, has anything to do with it – soon have a far
buzzier outlook as a result of a municipal plan for 400
apartments, two hotels, shops and restaurants to be built over the
next few years. And because this will be the last place in the
Chamonix valley to be developed it looks like a real investment
opportunity.
After
six years of planning, phase one, which involves building 80 one
to four-bedroom apartments starting at £162,000, begins in the
New Year. Cannily, though, the ski lift is already in place.
Patrick
Remme of Dutch developer Immoconcepts, who won the contract over
several home-grown French companies, will work alongside the mayor
to transform a small parish into a resort worthy of the most chic
après-ski crowd. "A few British people already own chalets
in the town," says Remme. "But this is not an organised
ski resort. There are no buildings with facilities and we hope to
change that while reshaping Vallorcine."
The
result will offer a level of service currently unfamiliar to the
town, which has always prided itself on accommodating hardy
walkers and those keen to avoid Chamonix, where property prices
are 30 per cent higher. The development is to include a wellness
centre, with a pool, sauna, hammam and massage rooms. Expanding
the sleepy township will be a delicate operation, believes Hilary
Sharp, who runs Trekking in the Alps. Originally from Derbyshire,
Hilary, 45, bought a small one-bedroom chalet there in 1991 with
her mountain-guide husband. Hilary admits Vallorcine has very
little by way of amenities at the moment: three hotels, a grocer,
butcher, bar/tabac, restaurant and café, not all of which are
open all year round.
"Vallorcine
is a charming village. And although we need more apartments and
hotels to put up my clients, for instance, it is important that
this precious place keeps its character," she says.
The
following is an extact from a recent article in the financial
Times.
"Vallorcine
is another satellite of Chamonix, 16km to the north-east and
linked to its domain. Immoconcepts is about to build Les Aiguilles
Rouges, a development of 80 apartments, shops, restaurants, a
hotel and wellness centre, there. The intention is to transform
[it] into a high-class ski resort while also remaining a little
village .....[Prices are] about a third less than in the
larger resort...These outlying villages are for people who want to
be able to access a big ski resort and get a property of equal
quality without paying the higher price."
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