From €188,000 To €303,000. The Highest Rental Return In CHATEL - Up To 4.86%

  • Price: 188000.00 £
  • Investment Type: House
  • Bedrooms: N/A
  • Bathrooms: N/A
  • SIPP: No

Dominant position in front of main slopes & at summit of main village

One of very few ski-in, ski-out properties available

Managed by Odalys, France’s 2nd largest rental management group

90 minutes from Geneva airport

The highest rental return in Chatel - up to 4.86%

Luxurious on-site private facilities

Best ever mortgages rates – 20yr fixed rate at 3.35%

Just 90 one to three bedroom apartments available

650km of skiing across the Portes du Soleil

Les Fermes de Chatel is the best collection of ski properties to be launched in Chatel for over 15 years. Located in a dominant position at the top of the village and fronting onto the Portes du Soleil slopes, this fantastic collection of one to three bedroom ski properties enjoys possibly the most sought after location in the entire village.

 

Designated a ‘Resdience de Tourisme’ Les Fermes de Chatel is available to international buyers under the leaseback property structure (see definition below) and owners therefore receive a fixed rental return of up to 4.86% depending on personal usage. Considering the project’s superb ski-in, ski-out location & level of private facilities, this rental yield is one of the highest available in the French Alps.

 

First-class on-site facilities will be available privately to owners and include, reception, indoor swimming pool, Jacuzzi & Spa. A variety of wellness facilities will also be available including Hammam, solarium & massaging showers.

 

The exterior design of the properties at Les Fermes de Chatel will be in keeping with the beautiful Savoyard architecture of Chatel village. Inside, high quality materials will be combined to provide luxurious interiors and properties come complete with fitted kitchens and bathrooms featuring the latest appliances.

 

RENTAL MANAGEMENT BY ODALYS

 

Les Fermes de Chatel is to be managed by Odalys which is France’s 2nd largest rental management group which hosted 2.1 million clients in 2012. Having such a credible company managing the rentals means that mortgage loan to values of up to 85% are available. Combine this with the highly attractive French mortgage market (20-year 3.35% fixed rate currently available) and these new properties in Chatel become even more attractive.

 

Owning a property which is part of the Odalys network also come with additional benefits. Owners at Les Fermes de Chatel will be able to exchange their usage weeks with any other Odalys property in France, which include many countryside, city, beach and alpine locations. Owners will also benefit from discounted rates on any additional vacation packages to these destinations.

 

The beautiful Savoyard village of Chatel is one of the most popular resorts in the Portes du Soleil ski range. It lies just 90 minutes from Geneva Aiport and is superbly positioned to access the Portes du Soleil’s truly international mixture of French and Swiss resorts, including resorts such as Chatel, Avoriaz, Les Gets, Morgins and Chambéry. In total it encompasses 12 linked resorts, stretching across the French-Swiss border from Mont Blanc in France to Lake Geneva in Switzerland.

 

The Portes du Soleil’s main draw was originally its winter sports offering, but over the last five years the area has grown into a fantastic dual season resort, which sees tens of thousands of visitors during both summer and winter. Popular for skiing, snowboarding and almost every other type of winter sport the area is a snow enthusiasts mecca, offering 650 km of marked pistes and over 200 lifts, spread across 14 valleys and around 400 square miles (1036 square km). Today, there are now an eye-watering 289 different ski runs available across the region covering 650km of slopes. For the early and late season weather, the winter snow fall can be supplemented by the army of 764 snow cannons.

Please contact us for full details, availability and all the financials.

 

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