- French ski property from just €20,000 down
- Mortgage payments met by rental guarantee
- No maintenance or management fees
- Substantial capital appreciation achievable
- Up to 19.6% VAT rebate
- Guaranteed rental returns
|
|||||||||
|
|
|||||||||
|
|||||||||
|
|||||||||
 |
 |
 |
"With all your mortgage payments covered by your guaranteed rental returns and apartments available for just €23,887 down, you will effectively be making €15,000 per year over a ten year period from an investment of just €23,887"
Prices & Returns
Apartment prices in the Three Valleys area have exceeded the average growth of 7.2% per annum over the last 13 years, with prices from 2003-2008 showing an average yearly growth of 7.6%. You are therefore likely to make not only generous rental returns from your property but also substantial capital appreciation when you come to sell.
You are effectively making €15,000 per year over a ten year period from an initial investment of just €23,887Using the example of a one bedroom apartment at Residence le Christiana, over a 10 year period you are likely to make capital appreciation in excess of €150,000 on your property!
With your mortgage payments covered by your guaranteed rental returns on an interest only basis, you are effectively making €15,000 per year over a ten year period with an investment of just €23,887. Such high returns from such a low initial outlay are unparalelled in today's market.
FINANCIAL SUMMARY –Interest Only Mortgage
The table below gives a breakdown of the costs and returns of purchasing an apartment at Residence le Christiana, in this case a one bedroom apartment.
|
An example of a current mortgage facility of €189,810 available on the property is an interest only mortgage over 20 years with a current interest rate of 3.30%.
|
Per Month |
Mortgage Monthly Repayment Cost |
€522 |
Guaranteed Rental Payment at 3.75%pa net of all running costs |
€583 |
Surplus of rental over mortgage costs |
€61 |
All running costs are paid by the developer, leaving a surplus
income
of
€61 per month.With this option, your only cash contribution is €23,887 – the discount and government subsidies cover the rest of the purchase price taxes and buying costs. All running costs are paid by the developer, leaving a surplus of €61 per month.
Apartment Prices
The following tables provide a summary of purchase costs and returns for properties at Le Christiana, but please contact one of our professional consultants for a complete price list of apartments at the resort.
| Type | Average Surface Area (m2) | Average Price |
| 1 Bedroom Apartment | 34.6 | €206,200 |
| 1-2 Bedroom Apartment | 48.36 | €287,450 |
| 3-4 Bedroom Apartment | 83.3 | €516,500 |