Le Belvedere Skiing Chalet and Apartments Tignes

Location

The residences are located just steps from the pistes in Tignes Les Brevieres which is just one of the resorts that makes up the Espace Killy (including Val d’Isere), one of the largest ski areas in the world.

Located in the Tarentaise valley, Les Brevieres is considered to be a hidden gem and it is more peaceful than the other resorts within the area, however there are still plenty of things to see and do. The resort is high enough to have excellent snow coverage and in addition to skiing, there are various activities such as an ice driving circuit, dog sledding, hang gliding and snow shoe walking. In summer there is a football pitch, tennis courts, a skate park and you can hire boats for a day out on the lake.

The apartments are extremely accessible with short distances from the shops, bars, ski slopes and lifts, and will be served by a regular shuttle service. The other resorts are linked not only by the ski lift but also a free bus.

The closest airports are Geneva International Airport (2½ hr), Lyon (2½ hr) and Chambery (1 hr 45 mins).

Residences

Perfectly integrated into this exceptional setting, the architecture of the residence draws its inspriation from the Savoyard chalets in their most noble expression – stone-based, with carved wooden structure and balconies and slate roofing.

The first phase is completed and consists of 16 chalets and 4 apartments with a second phase expected to be completed in 2009

The prices above exclude VAT.

All the residences boast:

All master bedrooms have en-suite bathrooms.

• Construction from the finest materials, brushed wood, wooden floors, local stones and a chimney (selected residences).
• Fully-fitted kitchen and bathrooms
• feature full entertainment facilities, including a DVD satellite with LCD television and a state of the art cinema system.
• Fully-furnished (for lease back units)
• Balconies on every apartment
• 1 – 2 parking space

There four ownership options

Investis: Opt for the greatest profitability. You are interested to benefit from a competitive return on investment and exit the hassles of the management and costs.

VAT rebate of 19.6% (paid by developer). Guaranteed yield of 4.2% ( Based on apartment price excl.VAT, parking and furniture). No use of the property.

Full management for 9 years (renewable). Rental income index-linked at 100% every 3 years. Co-owners charges of €25/m² per annum.

Leisuris: Combine pleasure and profitability. You want this property to be fully managed when you are not around and accessible for your family holidays. Benefit from the VAT rebate and a competitive income as well as a generous holiday budget for your own pleasure.

VAT rebate of 19.6% (paid by developer). Guaranteed yield of 3.1% cash income plus 1.2% holiday budget* (approx. 3 weeks usage). Full management for 9 years (renewable). Entitled to Exchange program: ( possibility to use holiday budget in other residences – Tignes – Morillon – Morzine - Flaine). Co-owners charges of €25/m² per annum.

*(1% based on the apartment price excl.VAT)

Deductis: You want to become the owner of an outstanding secondary home with a reduced price, benefit from a full management of your property and enjoy it as well.

VAT rebate of 19.6%, an upfront 18.6% rental income advance based on an 11 year lease contract. In total make a savings of 35% on the price of your property. Upfront reduction of 35% in total (VAT+ income of 18.6%). Private usage of 6 weeks. Entitled to Exchange program: ( possibility to use holiday budget in other residences – Tignes – Morillon – Morzine - Flaine).

Classic: A number of residences can also be bought as a classic purchase without the leaseback although VAT cannot be reclaimed. Service charges of €25/m² per annum.

Facilities & Services

There will be a central building housing

• Reception
• Lounge
• Restaurant
• Bar
• Swimming pool, sauna, hammam, jacuzzis, massage rooms
• Fitness centre
• Shops
• Covered parking

The management company will offer guests a unique and personalised service, which will include:

• Breakfast
• Delivery of bread and croissants
• Half-board
• Catering
• Houskeeping
• Spa and fitness facilities: sauna, hammam, jacuzzi, massage
• Transfers to the lifts
• Transfers by helicopter
• Ski pass sales

The above services will be charged at additonal costs.

Purchase Details

5% is required upon signature of the preliminary reservation contract, this is followed by 20% upon signature of the authentic sales contract.. This is followed by various stage payments until completion.

Closing costs will be in the region of 3.5% of the purchase price.

Up to 100% finance is available. There is an interest-only mortgage up to 15 years followed by 15 year repayment. Or there is a 30 years repayment option.

Hot Properties Worldwide is an authorised sales representative of Le Belvedere