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This property is currently UNDER OFFER. If this notice disappears it is back on the market

Apartment 3 rooms in FLAINE , Haute Savoie , French Alps

€150,000 £136,131**
Ref: 111476EJO74A
french property for sale

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Recently renovated 2-bedroom, 2-bathroom apartment for sale in the centre of Flaine, 2 minutes walk from the pistes and main access to the Grand Massif ski area.
Possibility to purchase the apartment directly above to create a large 4-bed apartment
A realtime video viewing can be arranged with your Leggett agent if you're currently unable to travel

Emily Jones , your local Leggett agent, says :

Siret number: 820 369 395
Price €150 000
agency fees to be paid by the seller
Ref 111476EJO74A
link to google map MAP
Dept Haute Savoie
Surface 59 M2* Plot Size 0 M2
Bathroom 2 Bedrooms 2
  • 0-2KM to amenities
  • Close to golf course
  • Resort property
  • Ski
  • Apartment
  • Holiday Home
  • Business potential
  • High speed internet
  • Mountain view
  • Swimming Pool
  • Good condition
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This apartment is situated on the 1st 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 its expiry in 2025.

Offering 58.61m2 of habitable space, the apartment comprises:
- Entrance into large lounge & dining area with kitchenette
- One twin bedroom
- One double bedroom
- One bathroom, one shower room, one separate WC

Rental income last year: 6020€
Potential return on investment: 3.76%

Approx annual charges:
Taxe Foncière: 850€
Copropriété Charges: 2567€
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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Property in copropriété

  • Number of lots: 142
  • Annual charges: 2567 €