Owning a ski apartment is a wonderful investment that will allow you to enjoy the beauty of the French Alps while owning an income-generating property. Many people from around the world visit the French Alps on holiday, and ski chalets are often in high demand during the busy season. If you are considering investing in property in the French Alps, there are several factors to take into account.
Many ski apartment owners choose to let out their properties when they are not using them. Others simply allow them to remain vacant until they are ready to visit them on holiday. Still other owners let them part of the year and live in them periodically. Choosing to let out your property when you are not using it is an excellent way to enjoy your property while your guests cover your living expenses.
While some owners only think about letting their property in the prime winter season, there are great opportunities for holidaymakers to enjoy themselves in the summer. The French Alps are alive all year round, so make the most of your investment if you are planning to let.
Some investors choose to leaseback ski properties France, enjoying the benefits of ownership with reduced cost and liability. If you choose this method, there may be several considerations to take into account. With a sale and leaseback arrangement, you can hold on to the property while gaining the benefits of selling it for a profit. A leaseback is a long-term investment.
With low interest rates, easy to secure mortgages and guaranteed return on investment, many people are finding that leaseback properties are a great choice for investing in a rebounding economy. The French Alps are experiencing a boom in popularity, and there has never been a better time to invest in property in the region.
Leasebacks offer a hands-off way to own a property and enjoy ongoing rental income and investment returns. In this arrangement, the buyer purchases the title to the property, then leases it back to an independent management company. This management company will manage all of the maintenance and upkeep of the property, leaving the owner free to take holidays there and simply collect the annual rental income.
Leasebacks are quickly increasing in popularity as owners enjoy healthy returns on their investment while still enjoying the benefits of having a holiday home.
-Easy mortgage terms
Because leasebacks represent a secure form of income, some banks are more willing to lend to prospective buyers.
-Hands on management
The management company handles all of the upkeep and maintenance on the property, allowing the owners to operate remotely.
Leaseback properties are usually located in highly sought after areas, making them attractive to holidaymakers. These properties often include upgraded luxury amenities to attract repeat visitors.
-No Vat to Pay
As a French Government backed scheme, the Vat is either refunded or paid by the developer.
– Index linked Rental Returns and Capital Growth
An investment in a leaseback should be over an 18 – 22 year period – the Vat is amortised over 20 years. Popular ski resorts can have capital growth which is higher than the rest of France (excluding Paris and the South of France). Therefore, as an investment, the combination of the index-linked rental returns, effectively free holidays plus capital growth, offer the leaseback as a sound tax free investment.
Choosing a ski property in the French Alps is a great way to enjoy the benefits of hands off ownership and a guaranteed source of income. Many owners use their apartments and in their rarer leaseback chalets only a few times a year, generating income from visitors on holiday throughout the rest of the year.
Leaseback properties are becoming more popular each year, from small studio apartments to 4 bed duplex penthouses and occasionally, chalets. While it can be a challenge to find the right luxury ski chalets for sale, it is well worth the investment.
Exceptional value leaseback apartments in Valfrejus in the Maurienne Valley – from €55,400 for a studio apartment. 5% rental yield. Only 150m from the amenities and ski lift. Family friendly resort with the 3 Valleys (600kms) 25 minutes away and the ‘Milky Way’ (400kms) 35 minutes away.
The opportunity to purchase resale ski properties offers buyers the a ski property in a top ski resort for extremely competitive prices. The resale ski leasebacks also offer the benefit of buying a property with a short-term lease, availing the buyer of a Vat free and penalty free purchase at the end of the lease. The Lower prices are in the lesser known resorts. For Meribel, Val Thorens and Chamonix, Studios prices start at just under €100,000.
We are delighted to offer Pierre Blanche, a grand new chalet styled apartment residence in La Chapelle d’Abondance, close to the village centre and 300m from the ski lift (or a 2 minute shuttle bus ride!). The apartments, from studio, 1, 2, 3 beds all offer the additional accommodation of a coin montagne for bunkbeds for very competitive prices!
Residence Le Spatules is a chalet styled building offering 30 ski-in apartments, from Studios to 5 bed properties. Thollon Les Memises is an all season location 15 minutes from Evian. The apartments are amazing, the prices are amazing and the location is also amazing!!!
Two chalet styled buildings over 4 levels presents 38 new classic freehold apartments from studios to 6 bedrooms. ‘Close du Savoy’ is situated only 150 m from the Evasion Mont Blanc ski lifts. Charming thermal spa resort, fantastic views of the Mont Blanc and less than an hour from Geneva.
‘Le Village de Praroustan’ in Pra Loup 1500 is a 4 star luxury leaseback residence of 3 chalet style buildings with studio, 1 and 2 bed apartments at affordable prices. Pra Loup boasts 300 days of sunshine and is known as the ‘Queen of the Southern Alps’. Facilities include an indoor swimming pool, spa, sauna, hammam and restaurant. The annual yield is 4.8% with 3 generous personal usage options.