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Apartment in FLAINE , Haute Savoie , French Alps

€220,000 £188,672**
Ref: 111476EJO746
french property for sale
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Spacious 1-bedroom apartment, recently renovated, for sale in the centre of Flaine Foret, 2 minutes walk from the pistes and main access to the Grand Massif ski area.
South-facing with two balconies and panoramic mountain views.

Emily Jones , your local Leggett agent, says :

Price €220 000
agency fees to be paid by the seller
Ref 111476EJO746
link to google map MAP
Dept Haute Savoie
Surface 55 M2* Outside Space 17 M2
Bathroom 1 Bedrooms 1
  • 0-2KM to amenities
  • Resort property
  • Ski
  • Apartment
  • Holiday Home
  • Business potential
  • Mains Drains
  • Mountain view
  • Good condition
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This apartment is situated on the 6th floor of an incredibly popular Pierre & Vacances residence 100m from the main pistes.
Currently under a leaseback contract, it offers excellent fully managed rental returns with no need for the owners to lift a finger. There are also several different options for personal usage during the winter season by the owners, as well as the possibility to cancel the leaseback contract (under certain conditions) before it's expiry in April 2025.

Offering 55.6m2 of habitable space, the apartment comprises:
- Entrance into large lounge & dining area with kitchenette and large South-facing balcony (10m2)
- One bedroom with one double bed and one single bed, plenty of cupboard space and South-facing balcony (7m2)
- One bathroom, one separate WC

Rental income last year: 6538€
Potential return on investment: 2.97%

Approx annual charges:
Taxe Foncière: 714€
Copropriété Charges: 3081€
NOTE: While the property is under a leaseback contract, all charges except for taxe foncière are paid by the tenant (Pierre & Vacances).

At 1600m Flaine is the highest resort in the Grand Massif ski area and boasts an excellent snow record, partly due to its situation in an enclosed bowl, making the resort popular with serious skiers and families alike. A short chair-lift ride takes visitors into the Grand Massif area, linking Flaine with the resorts of Les Carroz, Samoens, Morillon and Sixt Fer-a-Cheval, and providing over 250km of pistes.

Access to resort is simple, as Geneva airport is just 88km away, meaning transfers normally take just 1h 30mins.

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