New luxury eco-friendly development in Sainte-Foy-en-Tarentaise with 4* facilities (heated swimming pools, Spa area, sauna, lounge and reception...)
The Project
Corinne Properties are delighted to annonce the launch of La Chapelle , Sainte-Foy-Tarentaise by Sotarbat Promotion.
La Chapelle development is ski-in ski-out, 120 fully furnished apartments with 4Star Facilities , built on both side of a pedestrian street. The managment company has an excellent track record.
La Chapelle will be buitl in regards to the environment, an approach that integrates Eco-Construction with Eco-Development techniques. The developer buiiding and developing properties since 1970.
Key Features:
- High Luxury development in a Typical Savoyard village
- Ski in Ski out
- From 1 Bed to 4 Bed Duplex
- Fully furnished
- 4 Star Facilities (Sauna, Hammam, Spa, Jaccuzi, fire place lounge area, children club, indoor and outdoor swiming pool
- Completion date Last quarter 2011
The apartments range from 1-bed to 4-bedroom duplex apartments with a small number sold as outright purchase as well. The leaseback operator has an excellent track record. Ste Foy is very popular with British clients looking for a pretty ski village next to all the major domains.
Eco-friendly features:
-Solar panels, selective recycling, locally-sourced stone and timber, mineral insulation, natural products (biological paint, solvent-free products, etc), low-energy appliances, renewable electricity (contact us for detailed list).
The facilities are 4* and include a superb heated outdoor pool to enjoy wether in winter or summer (there is also an indoor pool).
Some examples of prices including furniture pack and private parking (Noalea formula):
1 bedroom apartment (1st floor, 30m2 + balcony): 136,212€
1 bedroom apartment (2nd floor, 43m2 + balcony): 173,618€
2 bedroom apartment (2nd floor, 50m2 + balcony): 202,690€
2 bedroom apartment (3rd floor, 54m2 + balcony): 222,800€
3 bedroom apartment (1st floor, 74m2 + balcony): 329,773€
Key Invetor Benefits - France
* Leaseback investments are widely available, taking the hassle out of renting the property and providing a guaranteed income.
* 100% Mortgages are available on some properties in France, only a small reservation fee is require, therefore the investment does not tie up a lot of capital.
* Purchaser incentives, currently there tend to be a variety of purchase incentives laid on by the developers such as cash backs, notary fees paid, VAT paid by the developer etc
* Proximity to the UK
Why Invest - France
France is one of the countries a lot of investors feel comfortable purchasing properties in, it has a stable economy and a long history of foreigners buying holiday and investment properties. This is mainly due to it close proximity to the UK.
The fact that there are a good range of leaseback properties offers investors a good selection and the comfort factor that they will receive a guaranteed income over a long period, without the hassle of arranging the rental of the property. Lease backs usually also allow the owner a period of time every year which they can use the property themselves therefore having the benefit of using the property as a holiday home as well as an investment.
100% mortgages are available in France which makes purchasing a property in France an ideal investment opportunity as not a great deal of capital is required. There also tends to be many other incentives for purchasing, some developments offer 6% notary fee paid, cash backs, VAT paid for by the developer all adding to the appeal of the investment
The leaseback options:
Ethikea: 3.80% guaranteed yield + 1 week low season
Evaseo: 3.20% guaranteed yield + 1 week high season + + 1 week mid season + 2 weeks low season
Noalea: 30% immediate discount on price on property price with VAT + 1 week high season + + 2 weeks mid season + 1 week low season + 4 weeks inter season. With this formula 150€ per week of stay to cover running costs. Staying during the inter season (May-June-October-November) is without access to services like swimming pool, gym, sauna, etc. Bed linen and key handing is provided.
Equilea: 7 weeks + guaranteed yield (1,800€ for 1-beds, 2,200€ for 2-beds, 2,800€ for 3-beds and 4,000€ for 4-beds). 7 weeks of personal use + a guaranteed minimum yield + a variable (the amount of variable yield will not exceed 95% of the guaranteed minimum yield
Outright purchase is possible only with a few apartments.
The seasons are as followed (as you can see with Christmas and New Year as mid season, particularly generous...):
-High season: February school holidays
-Mid season: Christmas week-New Year's week-Easter holiday-Summer school holidays (between 07 July and 20th August)
-Low season: rest of the year
Why buy in Sainte Foy en Tarentaise
Voted recently as one of the 'Top 10' ski resorts in the world, Sainte Foyen Tarentaise is a great ski destination - either for hardened 'powder-hounds' after the renowned off-piste skiing, or for families looking for a friendly, pretty resort, with virtually no queues!! Ste Foy Village also offers the benefit of being able to easily access four other ski areas - Paradiski, La Rosiere, Tignes and Val d'Isere - all within 15 minutes. St Foy is a small alpine village with magnificent surroundings and stunning views in all directions. The architecture in Sainte-Foy is very traditional, low-rise chalets built with wood and stone. Skiing on pistes here is limited but there are some of the most un-crowded off-piste slopes (anywhere) in the Alps. The world-renowned ski resorts such as Les Arcs, Tignes and Val d'Isere are all within less than 20 minutes away.
Access
The nearest airport is Chambery (1 hour), Lyon, Grenoble or Geneva.
Trains including TGV from Paris or ski train to Moutiers or Bourg Saint Maurice then taxi or bus.
This is only a brief description of the property contact us for more details
