Le Coeur des Loges is a brand new collection of 124 apartments. The residence enjoys one of the best locations in the entire resort. Set within one of the more traditional areas of Les Menuires, La Coeur des Loges is positioned next to the piste, meaning the properties are all ski-in and ski out and also benefits from proximity to the shops, restaurants and bakeries. The residence is being sold as a leaseback property, guaranteeing rental income from 3.6% to 5.2% with many options for personal usage and will be managed by the second largest management company in the French Alps.
Buying a property with leaseback is very popular way to invest in France which benefits from a government-backed VAT refund incentive. Through freehold ownership of an apartment that is leased back to a management company for a minimum period of 9 years, investors benefit from guaranteed annual returns (paid quarterly) from their fully managed and maintained property with low up-front costs and reduced maintenance and running charges.
The main tax advantages are a 20% VAT saving on the purchase price and the rental income free of income tax in France. Furniture package and parking extra.
Price : 200 000 € Agency fees to be paid by the seller
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