Friday, 15 April 2011

Belle Plagne - Le Centaure Development details

Below are details on the first example option in Belle Plagne and i will forward you in due course options in Tignes, Morzine, Avoriaz and if you have any other resorts of interest please let me know.

I suggest that if you are interested i arrange a time for you to discuss the financials with our french mortgage specialists "Athena Mortgages" which will be able to quickly identify what is affordable for you guys. Following that we can have a meeting with the providers and define which projects are of interest.

Please find below and attached some information on the development in Belle Plagne (brochures, views from the apartments, document explaining what a leaseback is also a document outlining tax and capaital gains) , Belle Plagne is a snow sure resort at 2050meters in the middle of Paradiski domain, one of the largest and highest ski domain in the world.

I have attached the latest availability on this development (apartments not highlighted are still available);
So looking at the price list and the line for each apartment:
T3 means 2 bedrooms flat. In France the typology of apartment include the living room too so T4 will be a 3 bedrooms and T5-4 bedrooms.
When there is a C, it means cabine which are smaller bedroom with bunk beds, so a T2C is a 1 double bedroom apartment+1 cabine with bunk beds

Purchasing on the leaseback scheme you only pay the price of the property excluding VAT, so the price you need to look at is the total to finance which is composed of the price of the apartment excl VAT, price of parking excl VAT and furniture incl VAT. The VAT on furniture is refunded within 6 months after the signature of sale. We put as well the value inclusive VAT for you to see the amount of VAT saved.

Belle Plagne is a strong investment and guarantee strong capital appreciation as no planning permission can't be granted anymore.

You'll find below more information on the development and the contact details of our in-house mortgage broker.

INFORMATION ON THE DEVELOPMENT
  

The development has recently been renovated to a very high standard and investors will benefit from top of the range après-ski facilities such as a sauna, hammam and swimming pool with unparalleled views over the valley!  

Please find attached the brochure for the development.

Le Centaure at Belle Plagne
  • 53  FREEHOLD refurbished apartments from Studios to Four beds
  • 4.1% Guaranteed Index-linked Yield from 2nd largest management company in Alps - MMV
  • Generous usage packages available
  • Indoor heated pool, fitness room, massage room, sauna and Turkish bath
  • Ski-in Ski-out location
  • Studios from €140,000 up to 4 beds of €500,000
  • Huge ski area in Paradiski region and a strong summer season
  • 2050m altitude – Very snowsure!!
  • Reserve now, complete within 3 months, ready for use in the 2010/2011 Ski Season!!    

Belle Plagne & Paradidki region

La Plagne is made up of 6 resorts from 1250 to 2050m of altitude. At 2050m, Belle Plagne establishes itself as a beautiful snow-sure resort with great character. Its traditional architecture with local materials harmoniously unites the charms of a traditional Savoyard village to those of a modern resort. Set between forests and mountain pastures, it offers stunning scenery, a splendid panoramic view and slopes for all levels of skiing - it is also an ideal point of departure towards the Bellecôte glacier.

The Paradiski region comprising of Peisy Vallandry and the Les Arcs and La Plagne resorts is one of the largest skiable domains in Europe with 70% of its skiing above 2000m, meaning it really is a snow sure place to go on holiday.

Leaseback Usage & Rental Return

All properties are for sale on a leaseback scheme with various usage formulas available. The starting point is 4.1% with 2 weekends or 1 week occupancy, the yield is index linked and therefore increasing each year. More usage formulas are available if you want to use it more, more usage however decreases the net return!

Mortgages

We have full mortgage facilities available.
For more information, please contact:  scott@sjioverseas.co.uk

MMV – The Management Company

MMV is the second largest provider of accommodation in the French Alps and have been going for over 25 years. Investors can swap their weeks usage at Belle Plagne with any of the management companies other developments. La Plagne, Alpe d'Huez, Arc 2000, Montgenevre, Flaine, Les Deux Alpes, Tignes, Serre Chevailer, Val Cenis, Valfrejus, Vars, Val Thorens, Cannes, Camargue, Cap Ferret, Bandol, St Emillion.

If you require any further information then please do not hesitate to contact me and I'll get it straight over to you.

Kind regards,

Scott Innes

Senior Partner


Email: scott@sjioverseas.co.uk
Telephone: 0843 2894364
Mobile: 0044 (0)7989 855315
Website: www.sjioverseas.co.uk



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