- Leaseback Freehold with Guaranteed rental of up to 4.5% net of charges, except for property tax.- VAT rebate.- UK/NORTHERN IRELAND INVESTORS:Qualifies for Self Invested Personal Pension(SIPP)with 40% tax rebate on SIPP contributions, no Capital Gains tax or Income Tax in the UK. (Pure investment - No usage)Top-of-the Range Renovation.Located in the Savoie Region, in the prestigious resort of Courcheval with panoramas of rare beauty.Rendez-Vous for the stars and a haven of relaxation for families.Access to Les 3 Vallees-600km of world-class ski slopes join Courcheval with Meribel, Val Thorens and Les Menuires.Les Chalets du Forum is in close proximity to the Commercial Gallery and the Croisette- the convergence point for all the entertainment and sports activities of the resort.Timeless elegance of stone and wood gives Les Chalets a distinct Savoyard allure.Harmoniously integrated into the surrounding environment, the residence is arranged in 3 three-storey buildings and offers spacious and comfortable one- to four- bedroom apartments.Ski chalets in Courcheval 1850 represent an outstanding investment opportunity due to higher demand than supply, the increasing number of people skiing every year and the lack of snow at lower altitude ski resorts.Growth figures from the Public Notary of Savoie:Price increases for apartments since last year = +21.8%Price increases over the last 4 years: +88.1%Investment analysis:The past few years have shown how attractive the apartments in the French Alps are, especially in the 3 Valleys area. Demand is far out-weighing supply, thereby pushing the prices up. The increase in foreigners buying here is also contributing to a higher level of demand and prices. Due to the difficulty of obtaining planning permission for new developments in the best spots, refurbishments are the ideal choice for owners or investors wanting property in a good location. Ski resorts which have the advantage of international exposure are likely to benefit further from this demand. Locals and investors buy for the long term in this part of France; 11 years of ownership is the average for an apartment.Details:- 55 Apartments: 1, 2, 3, 4 and 5 bedrooms- Rental 4.5% Net of all costs- Prices from 423,000 - 2 million- Completion Date Dec-07- Notary fees 8% Renovation- Property Tax 25 per Sqm per Annum100m from ski-liftsUnderground Parking SpacesSki RoomsGeneral ServicesIce-Skating, snowboarding, downhill skiing, cross-country, skiing, ski trekking.Children's clubHealth Spa CentreLuxury boutiques art galleriesCall us at Locations +353 (0)1 6771188 for a brochure and more details.To request further details please use the Contact Us link below.To view more properties from Locations click the 'More Properties' link below.
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