- Price
- FROM EUR 283,000
Tignes property Le Jhana, new ski in, ski out development with superb views in Tignes Val Claret
Located in a ski-in/ski-out position in Tignes Val Claret, the developer has found a gem of a site here. Le Jhana is only a short walk to all the shops and activity of the busy resort centre and our future owners will have the choice of no less than 5 different lifts to start their adventures on the slopes: the chairlifts of Les Tufs and Le Bollin which take skiers over to the liaison with Val d’Isere, the funicular giving people access to the Grande Motte Glacier at an impressive 3 456 metres altitude and two other chairlifts means that this has got to be one of the best located developments in the alps for choice of skiing!
The development itself will be 4 stars standard with typical Savoyard styling using stone and wood on the façades and tastefully decorated interiors. Due to the nature of the site, a lot of the apartments will benefit from superb mountain views.
This promises to be an awesome ski-in/ ski-out development in the heart of one of the best ski areas in the world!
Construction work will get underway in the new year of 2010 and the residence will open for business at the end of 2011. Its name – Le Jhana – is a term which describes a meditative state of profound stillness. This new leaseback development in Tignes will comprise 1 to 3-bedroom apartments (already almost sold out in less than 2 weeks), all luxury-fitted, fully-furnished and equipped from 224,000€.
All the apartments come with underground parking as well as secure cellar storage and ski lockers.
Some examples of property prices (last apartments available):
-2-bedroom apartment (60m2 surface + 8m2 balcony + 2 bathrooms): 283,500€
-2-bedroom apartment (75m2 surface + 8m2 balcony + 2 bathrooms): 392,977€
Leaseback scheme information - Leaseback purchase options
1/ Lease with rental income and 2, 3 or 4 week personal use
(Contact us for more info on personal use)
- The price of the apartment is payable excluding VAT (currently 19.6%).
- The owner is guaranteed an annual rental income according to the size of the property and the resort.
- The owner retains the weeks of personal use per year during the course of the 11 year lease.
2/ "Lease with 30% price reduction and 10 weeks of personal use
- The purchase price is reduced by 30 per cent. The discount consists of the non-payment of VAT (19.6 per cent) and a one-off lump sum equivalent to rental income paid in advance.
- There is no rental income for this option, as there has been a discount on the purchase price.
- The owner retains 10 weeks of personal use each year during the course of the 11 year lease (3 weeks winter season: 1 high, 1 medium, 1 low; 3 weeks summer season: 2 medium, 1 high + 4 weeks in May-June-September or October)
MORE WEEKS FOR 2010…From the winter season 2009-2010, owners will be able to get even more occupation out of their weeks, as they will be able to exchange as follows:
1 high week for 2 medium weeks
1 high week for 3 low weeks
1 medium week for 2 low weeks
Therefore under leaseback option No 2 for instance, the owner can enjoy up to 12 weeks in season + 4 weeks out of season, therefore up to 16 weeks in the mountains every year!
The owner can also buy additional weeks on top of that with a 20% discount off the public rate.
High, Medium and Low Season weeks are determined every year by the Management Company, depending on French and European holidays.
*Off season weeks are in May-June-Sept-October. During this time, the facilities and the reception are closed; you only have access to your apartment.
Under the leaseback options, owners can sell at any time and, at the end of the 11-year term, can choose to enter into a new lease agreement on mutually agreed terms or opt out of the scheme and retain full use of the property. In addition, the apartment can be occupied for up to four weeks without charge during the off season periods in spring and autumn (in some of the developments).
Maintenance:
This is a hassle free investment for the owner as the maintenance of his property is entirely taken care of by the management company throughout the lease period.
The leaseback company will run the residence as a hotel of self-contained apartments: when arriving in your apartment for your holidays, your apartment is clean, the beds are made, there are towels in the bathrooms etc.
The leaseback company will maintain all apartments, furniture and equipment (repairs, replacement, etc) at no cost to the owner.
When the lease has expired the property will be returned to the owner in very good condition (apart from the "fair" wear & tear).
Charges:
The leaseback company will pay all the bills (water, electricity, heating, insurance, service charges, council tax (taxe d'habitation), ...).
The owner pays a part of the service charges fixed for the entire term of the lease at 20 euro / m2 / year (plus 10 euro /m2/year for any surface area with ceiling lower than 1,80 m).
The owner will also pay the taxe fonciere as you are the owner of the property.
Booking your weeks:
The owner will be given priority on the choice of weeks (as long as booking forms are returned by the 30th of August for the winter season and by the 15th of February for the summer season).
For the option with rental income or the option with price reduction, the owner will have the possibility, for a fixed fee of 70 euro/week, to exchange his weeks for other weeks in other developments (Tignes, Sainte-Foy, La Rosiere, Vallandry, Plagne Soleil, Saint-Martin-de-Belleville, Les Saisies, Les Menuires, Samoens, Les Carroz, Le Chinaillon, Les Houches, Montgenevre etc.)
Tignes Val Claret
Situated at 2100 metres altitude in the French Alps, Tignes is considered by many to be one of the best ski resorts in the world. Due to its altitude there is always an abundance of snow and with the Grande Motte glacier it is even possible to ski in the summer. Tignes links with the fashionable Val d’Isere to form the Espace Killy named after the legendary downhill racer and is one of the most renowned ski areas in the Alps boasting over 300 kms of slopes and is where the French ski team chooses to train. The off-piste skiing is excellent and attracts some of the best extreme skiers and boarders in the world.
The resort is split into two parts, Val Claret and Le Lac which are separated by a lake. Tignes was largely built in the 1960’s & 1970’s and is very much a purpose built resort. Things have improved drastically over the past five years with several new constructions incorporating stone and wood facades and some of the old buildings getting a facelift. Not only is the construction improving the lifts have been upgraded over the last few years speeding up the time taken for skiers and boarders to get up the mountain.
Tignes surprisingly enough has a very active summer season and centres around the Lake in the centre where sailing, fishing, diving and diving all take place. There is even an 18 hole golf course which enjoys stunning views and is quite challenging. Other activities in the summer include hiking, paragliding and mountain biking. The area is on the edge of "Le Parc de la Vanoise", a protected National Park, which also makes Tignes a great base for trekking.Easy access
From Geneva, Grenoble or Chambery airports
This is only a brief description of the property contact us for more details at
info@skipropertyshop.com
Do not hesitate to ask for a competitive French mortgage quote
If you like this property, our French team in UK will assist you all along until completion of the sale.
This service is entirely free.- Region
- Savoie
- Ski Resort
- Tignes