Avoriaz
These 2 leaseback developments in Avoriaz comprises 4 and 5 stars luxury apartments from 1 to 4 bedrooms.
Property type: New build Leaseback apartments
Address: Avoriaz
Sizes: 42sqm to 115sqm
Prices: €369K to €1,2M
Deposit: 2% to notary
Accomodation: 1 to 4 bedrooms
Delivery: Dec 2011
The developments:
Two brand new districts will be developed to comprise luxury ski-in-ski-out apartments with south facing balconies! In addition to these developments, top-of-the-range infrastructures will be built and will include a Spa and a heated water dome, the “Aquariaz” at the heart of the resort. Every detail has been thought to make Avoriaz the premier destination for both winter and summer.
The resort:
Perched above Morzine, Avoriaz has become a prime holiday destination with avant-garde architecture, plenty of entertainment, upmarket amenities and the vast “Portes du Soleil” ski area connecting to Switzerland.
This unique French car-free resort is designed so that you can go everywhere on skis orby horse-drawn sleighs.
At 1800m altitude, Avoriaz enjoys a central location at the heart of les Portes du Soleil, one the largest ski area in the world which boasts 650km of slopes and links France and Switzerland. With its unique architecture south west facing, in complete harmony with the site’s natural setting, the resort offers amazing views of the Morzine valley.
The new Aquariaz water fun area, located in the centre of Avoriaz:
- 2500sqm water fun area
- An exotic, tropical world
- Temperature: 28°C
- Pools, fun bubble river, swimming lane, paddling pool, water tree and sidewinder float
- Open summer and winter
- Right at the centre of the resort
- In perfect architectural harmony with the resort
The residences:
6 residences located on the edge of the resort
1 specifically dedicated SPA residence
Very spacious volumes
South/south-west facing balconies
Furniture specially designed for this project
High-quality services
Smart, classic contemporary decor
A mountain feel combining trendiness and tradition
Raw-or veneer-finish natural materials
Covered car parks
Access from apartments to SPA via covered walkway
Ski-in, ski-out
The SPA
Peaceful, perfumed decor
Swimming pool, cardio training gym, hammam and sauna
Massages, wraps, hydrojets and body modelling massages provided by professionals
Access from apartments via covered walkway
The management company:
The company exclusively managing this development is stock market-listed and has been operating in the tourism industry since 1967. Currently managing 47,200 apartments in 379 residences across Europe (the majority of which are in France), this company welcomed 7.5million guests in 2007/2008 generating 1.425 billion Euros of revenue.
Leaseback owners can take their weeks of occupancy at any of the residences managed by the company. If owners wish to purchase additional weeks to those specified in their contract they can do so, using their Owner VIP card to obtain a 20 % discount on stays at any of the company’s 379 ski, seaside and countryside residences.
Financing:
Sextant works closely with a French mortgage broker in order to find the most suitable mortgage for each client. Whether you want an interest-only mortgage, a traditional repayment mortgage or hybrid mortgage let Sextant find the mortgage that is right for you.
The Investment:
Freehold leaseback
Guaranteed indexed rent net of maintenance or management fees
Up to 3.75% guaranteed annual rental return, net of all charges
Up to 20 weeks occupancy per year
Up to 100% LTV Mortgage finance available
Access:
Avoriaz is located at 80km from Geneva airport (about 1 hour by car).
