Alpe d'Huez - 1 bed apartment - investment opportunity

ALPE D'HUEZ - 1 BED APARTMENT - INVESTMENT OPPORTUNITY

  
Alpe d'Huez - 1 bed apartment for sale - investment opportunity. Priced at 77,624€.

General description

This 1 bed apartment in Alpe d'Huez is a good investment opportunity.

It is a resort that is at an altitude of 1860m and has a vast skiing area of around 250kms of pistes.

The residence is called Les Horizons d'Huez and is ideally located 600m from the centre, in a quiet area and only 250m from the pistes.

Trip Advisor has favourable comments about the resort and residence.

 
Apartment 86:  1 bed of 22.57m2 with a balcony of 1.97m2. Price: 77,624€.

It is rented and managed by Pierre & Vacances with a lease ending in April 2020.

The current lease is: 3,299€ + 2 weeks in medium season + 2 weeks in low season

It should be possible to get a financial lease (no usage) with an income of 4,289€ (5.53%) – but I am awaiting confirmation.

No yearly charges.

Taxe Foncière: around 870€ per year.

At the end of the lease, there is no VAT to repay.

When out of the lease, the charges have been estimated at around 848€ per year.

Price at 77,624€.

Location

Alpe d'Huez is renowned for its dual season: skiing in the winter and cycling (amongst other activities) in the summer.

The skiing domain of Alpe d'Huez has 250kms of pistes between 1120 and 3300m of altitude.

Lifestyle

  • Investment opportunity
  • Vast skiing area
  • Close to centre in quiet area

Facts & figures

OwnershipClassic Freehold with rental and management contract
PricePriced at 77,624€
AvailabilityImmediately

Call +44 (0) 7725 869 724

11/2017
Non-contractual document

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