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Apartment in MONTGENEVRE , Hautes Alpes , Provence Cote d Azur

€185,500 €169,000 £151,157**
Ref: 65733JC05
french property for sale
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Reduction from €185,500 to €169,000
BE PAID TO OWN A SKI PROPERTY ! Montgenevre,1 bedroom ( 4 person ) leaseback apartment for sale with guaranteed return

Jackson Collins , your local Leggett agent, says :

Siret number: 442 867 636
Price €169 000
agency fees to be paid by the seller

Reduction from €185,500 to €169,000
Ref 65733JC05
link to google map MAP
Dept Hautes Alpes
Surface 31 M2* Plot Size 0 M2
Bathroom 1 Bedrooms 1
  • 0-2KM to amenities
  • Close to golf course
  • Resort property
  • Ski
  • Apartment
  • Holiday Home
  • Double glazing
  • Mains Drains
  • Mountain view
  • Private parking
  • Sauna
  • Spa facilities
  • Swimming Pool
  • Excellent condition
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Ski in / out maintained property in modern residence with fantastic amenities.

The Apartment…

This lovely leaseback property is in the very popular “ Hammeau des Airelles “ residence situated right on the piste in the Obelisque sector of town.
The property is only 7 years old and still has all constructor guaruntees in place.
It is a 1 bedroom unit with a spacious living area made up of kitchen / diner / lounge. There is a good sized balcony and the property comes fully furnished.
It has a ground floor ski locker as well as covered parking and has a manned reception throughout the season.
Within the residence is an indoor AND outdoor pool, sauna and jacuzzi.
The leaseback arrangement is 4 years in to the 9 but this can be renewed at term. The arrangement offers 7 weeks personal use. 3 weeks in winter which is made up from 1 week anytime and 2 weeks outside of the school holidays and weeks when the owner can use the property out of season ( interseason ). For these 4 weeks there is a charge of 150 €.
On top of this, the apartment is always maintained, bills payed and a rental of over 1000 € per quarter paid without question.
A recent leaseback development in Montgenevre completely sold out and the terms of the deal were not anywhere as good as this one. This really is a good investment deal.

The Area...

Montgenevre is a family friendly ski resort on the French side of the vast “ Milky Way “ ski domain.
This incredible ski area has over 400 kms of piste and crosses Italy and France together. It’s growing popularity has come from its increased summer activities and major investment plans which have helped grow the number of tourist beds whilst maintaining an efficient lift system with hardly any queueing.
The “ Obelisque “ development which has recently been completed includes 4 star hotels, shops, restaurants and high quality residences that are ski in /out.
This investment plan has seen a rise in tourism which is being well managed by the local mairie and the tourist office together.
The resort is only 100 kms ( 1 hour drive ) from Turin airport and a further 1 hour to Milan. The Paris TGV arrives in Oulx which is just 13 kms ( 15 minutes drive ) away.

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