SPECIAL OFFER: 10% price reduction for limited period only SPECIAL OFFER: Higher guaranteed rental returns now up to 4.1% including personal usage Parking and ski locker included Beautiful views over the Tarentaise valleys Indoor-heated swimming pool Close to Val d’Isere yet up to 50% of the price French mortgage rates at all time lows 1 – 4 bedroom apartments with outside space Under 2 hours from Geneva airport 1 hour from Chambéry airport L’Etoile des…
SPECIAL OFFER: 10% price reduction for limited period only
SPECIAL OFFER: Higher guaranteed rental returns now up to 4.1% including personal usage
Parking and ski locker included
Beautiful views over the Tarentaise valleys
Indoor-heated swimming pool
Close to Val d’Isere yet up to 50% of the price
French mortgage rates at all time lows
1 – 4 bedroom apartments with outside space
Under 2 hours from Geneva airport
1 hour from Chambéry airport
L’Etoile des Cimes is an Eco-Friendly 4* leaseback development providing both a fantastic lifestyle offering and a strong investment opportunity. Built over two phases with the first phase already complete, these high quality properties provide attractive guaranteed rental yields of up to 4.1%.
Situated in the picturesque village of Saint-Foy, these properties represent a fantastic opportunity to own sought after real estate at a fraction of the price of nearby Val d’Isere.
Located at the bottom of the nearby slopes at an altitude of 1550m, these 1 – 4 bedroom apartments are perfectly positioned for avid winter sports enthusiasts. The centre of the village is just a short walk from the development as are the nursery slopes and play area. For skiers with a larger appetite, both the Paradiski and l’Espace Killy ski areas which each offer hundreds or metres of skiable terrain.
Inside, this development offers high quality facilities for the exclusive use of owners and their guests, including well-being area, heated swimming pool, sauna and Turkish bath. All the properties feature customisable furnishings, finely decorated interiors, fully equipped, built-in kitchens and flat screen TV’s. Underground parking, ski lockers and private cave are also included.
Sainte Foy-en-Tarentaise is a typical Savoyard village and L’Etoile des Cimes blends seamlessly with the local vernacular thanks to the use of local materials and traditional architecture. This beautiful, unspoilt resort has long been the preserve of experienced guides who have been bringing their clients over from Val d’Isere to enjoy the famous powder and off-piste skiing for years.
What is Leaseback property?
The Leaseback structure is a very popular way of buying property in France. Purchasers benefit from a government-backed VAT-refund incentive via a freehold ownership of a property. This property, be it an apartment or house, is leased back to a management company for a minimum period of 9 years, with the investor benefitting from guaranteed annual rental returns from their fully managed and maintained property, relatively low up-front costs and no on-going maintenance or running charges.
THE DEVELOPER AND MANAGEMENT COMPANY
L’Etoile des Cimes is being constructed by one of France’s largest and most reputable developers who are highly experienced at delivering high end projects within the most sought after and prestigious resorts in the Alps. The properties themselves will be managed by MMV, the second largest operator in the Alps. This combined with the fact that they are ideally located close to the slopes and international transport links has made these properties a highly rentable commodity, as demonstrated by the sales success of the first phase.
At 1500m, the village of Sainte Foy en Tarentaise offers family skiing on the doorstep, with the huge skiing regions of the Paradiski and l’Espace Killy both within easy reach. Surrounded by the mountains and forests of the Vanoise National Park, Sainte Foy is a traditional Tarentaise village which offers a quiet and peaceful lifestyle as well as lots of local facilities.
Offering breath taking views of the valley, this fast growing mountain station is becoming increasingly popular with investors, as its traditional Savoyard feel is to be strictly maintained whilst the village infrastructure grows. Yet it already has everything one expects of a ski resort; restaurants, cafes, spas, swimming facilities and everyday shops.
Please contact us for full details, availability and all the financials.