Imoinvest launch Le Splendid French leaseback apartments in Allevard-les-Bains French Alps
If you’ve been seeking an established ski property investment but have been put off by the high prices of the French Alps, Imoinvest have recently launched Le Splendid, a leaseback property programme which offers long-term rental possibilities and spacious apartments at a small price within the alpine town of Allevard-Les-Bains. Prices range from approximately 2000 – 3500 euros per m² thus making this an excellent opportunity for a low-cost, high-yield investment.
Available as a leaseback property, this French government-backed scheme that has been running successfully for over 20 years in France and offers strong returns for investors comfortable with investing their funds long-term. Imoinvest guarantees a rental income of 5% for a minimum of 11 years and you can be secure in the knowledge that your property will be serviced by France’s top tourism residence management company, which also offers owners the added benefit of low cost rental of other properties owned by the group in resorts in Slovenia and Switzerland. Furthermore, within the scope of the leaseback scheme, the investor benefits from a 16.9% discount through a VAT refund.
The rental potential of the Le Splendid development could be described as a sure-thing given the excellent location of the programme. Situated in the highly popular Isère region, Allevard-Les-Bains is close to three main airports and enjoys proximity to the beautiful city of Grenoble, host to the 1968 winter Olympics offering some of the best skiing in the region and a lengthy ski season running from the end of November to the first week of May, which is at least 2 weeks longer than any other skiing resort in The French Alps.
In a previous post we talked about the impact of sporting celebrity endorsments on a new build project’s success. A further impact is the effect, major sporting events have on local property markets. The region is host to the Ski World championship in 2009 thus providing a major boost to the area its ski property developments.
Besides its surroundings, Allevard-Les-Bains itself has something to offer for everyone. The resort is perfect for family skiing in the winter, just 11 km from the Collet d’Allevard ski station in the Massif Belledonne, it boasts numerous slopes for skiers of all levels with 16 Green runs, 10 Blue runs, 15 Red runs and 12 Black runs. And the best part? If you haven’t had your fill of skiing all day, the Collet d’Allevard has one of the largest domains in Europe for nocturnal skiing – an experience not to be missed! There is also a pass available which allows one day’s skiing at nearby resort, Les 7 Laux.
In the summer time, Allevard-Les-Bains’ low altitude (475m) allows for plenty of other activities as the surrounding mountain areas have a superb landscape. Hiking and mountain biking are two of the favourite activities for locals and visitors alike. There are 290 kilometres of tracks, many of which have recently been renovated by the local council. However, for those searching for a touch more adrenalin, paragliding is a superb way to get a birds-eye view of the local scenery. Alternatively if all of the above is just too activate why not simply relax at the thermal spa centre and casino which are a stone’s throw from Allevard-Les-Bains’ centre.
Le Splendid is an off-plan entirely renovated residence offering project ski enthusiasts an opportunity to own an elegant tourism residence. Stylish architecture and handcrafted details will combine to create a unique and inviting ski bolt hole. In conclusion, Splendid looks to be a solid venture for those looking to invest in a long-term rental property with family friendly skiing to boot!!!
Prices at Le Splendid start at just €70,000 with completion set for 1st Quarter 2007
Studio 19m² to 36m² €70,000 to €96,000
One Bedroom 31m² to 50m² €83,000 to €122,000
Two Bedrooms 54m² to 57m² €124,000 to €126,000
Click here for further details on Le Splendid Ski Apartments in Allevard-Les-Bains, French Alps or send an email requesting further details here, please include your full name and contact details.
