A Unique Opportunity In The Three Valleys

 

At 1850 m altitude on the western slopes of the Belleville valley is Les Menuires, one of the most popular resorts of the advantages an integrated functional resort, Les Menuires’ once urban-only character is now giving way to new era of architecture.

Chalets and luxury homes are combining to showcase the region’s past – in traditional stone and local wood – creating quiet yet superbly connected boroughs within this lively and action-packed resort.

 

Within a fantastic area of Les Menuires lies Le Coeur des Loges, a brand new collection of four star ski properties where owners can ski to and from their own front door. The tourism demand for high quality ski accommodation in locations such as this is so strong that these properties are available with up to 5.2% rental yields, the highest returns currently available in the French Alps.

The 3 Valleys

 

The 3 Valleys or ‘Les Trois Vallées’ is the world’s largest inter-linked ski area. Three stunning valleys are linked up by eight ski resorts and together they attract more skiers

and snowboarders than any other ski area in the world.

Its popularity is due in part to the fact that 85% of the slopes are above 1800m guaranteeing excellent snow conditions

 
Winter Paradise

 

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Les Menuires, Les Trois Vallées Les Coeur des Lodges - From €175,000

 

 

Facts on the 3 Valleys

Top Elevation               3230 m

Number of Snow Parks       5

No of Lifts                      183

Longest run                       5 km 27 km

Base elevation            1300 m

Ski Area                        650 km

Snow cannons          2,007

Les Menuires

 

One of the two major resorts in the ‘third valley’, Les skiing with superb ski resort infrastructure, making it perfect for families. There has been a lot of investment in Les Menuires over the past few years, not only in the general infrastructure and look and feel of the resort, but also in the amenities and facilities, including non-skiing activities.

Val Thorens may have its ice racetrack but Les Menuires has a 1,800m2 circuit for all sorts of snow mobiles.

 

There is also a popular 4,500 square metres Aqua spa with pool.

Summer Activities

 

There are many different sports and activities available in the Belleville Valley over the summer. Here are a few of the most popular choices:

Fishing, including fly fishing

Golfing

Horse Riding

Mountain Biking

Summer Sledging

Bowling

Arts and Crafts Workshops for Families

A Childrens Paradise

 

The superb array of well-connected and easily navigable facilities means that Les Menuires is particularly well suited for families.

 

Le Coeur des Loges

 

166 apartments in a beautiful part of Les Menuires

Superb ski-in ski-out location close to many amenities

Great views over Belleville valley

4* residences with up to 5.2% rental returns

World class private on-site facilities French Alps have achieved so far.

 

 

Location

 

This brand new collection of apartments 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 ski-out and it is also close to a supermarket, bakery and ski pass ticket office.

Private On-Site Facilities

 

Sauna

Hammam

Indoor heated swimming pool

Children’s Nursery

Reception

Luxury on-site spa

 

The Apartments

The apartments available at Le Coeur des Loges are designed to exceed the demanding requirements for modern day ski properties.

 

Bathrooms

Contemporary washbasins

Fitted mirrors

Baths or shower units

 

Kitchen

All kitchens fully equipped

Vitro ceramic hobs

Recessed appliances to maximise space

High quality furniture

 

General

Each apartment has a balcony

 

What is a Residence De Tourisme?

 

The Residence de Tourisme structure, otherwise known as ‘leaseback’ is a highly popular way of buying French property which has been around for over 40 years. France remains the most visited country in the world, a fact which is underpinned by its variety of extremely popular tourism destinations, one of which is and always will be, the Alps.

 

Residence de Tourism developments cater for the continued and growing demand for high quality rental accommodation. As a tourism residence, each of these rental management, removing all the hassle of owning a property abroad. Also, as the property is helping the economy with its tourism property shortage, the French government provide an incentive in the form of a 20% VAT rebate on the purchase price of the property.

 

As an Owner

 

As the freehold owner of your property you can use it when you like depending on the ownership formula you have opted for. The rest of the time, you entrust its management to the operator of the residence who lets it out and pays you your rent.

 

The properties at Le Coeur des Loges will be managed by MMV, one of the most experienced rental management companies in the Alps.

6 Reasons to Invest in this Residence De Tourisme

 

1. MARKET

France is the most popular tourist destination in the world

It is a market in constant growth

There is continued strong rental demand for high quality (4* and above) rental property

 

2. THE INVESTMENT

High returns from 3.60% to 5.20%

20% VAT rebate courtesy of the French government

Flexible personal usage options

Complete hassle-free rental management

 

3. THE DESTINATION

Within the world’s largest ski domain — the 3 Valleys

Close to Geneva airport (140km)

Guaranteed snow

 

4. LOCATION

Ski-in ski-out position in Les Menuires

Just a few steps from the piste

Great location for summer activities too

 

5. THE DEVELOPER

Strength of a successful global group

High quality construction

 

6. THE MANAGEMENT COMPANY

One of the leading hotel operators in the French mountains

Operating for more than 25 years

 

Rental Options

Purchasers have 2 excellent options when buying in Les Menuires

 

1. Etikéa

 

INVESTMENT

 

From 3.60% to 5.20% returns available

The Etikéa investment option is ideal for investors who want the buyers receive a rental return from 3.60% to 5.20% and can also book their property for one weekend break each year.

Including:

1 weekend free

20% discount on all MMV accommodation

Heavily discounted summer usage (70€ a week)

 

2. Equilea

 

A LA CARTE USAGE

 

From 3.60% to 5.20% returns available

The Equilea option is suited towards those who would like to use their ski properties more frequently

Depending on the specific apartment the owner receives returns of between 3.60% and 5.20% and then the total value of the usage they have chosen is deducted from their rental yield.

This ‘a la carte’ personal usage system enables people to choose when they would like to use their property throughout the year, up to a maximum of 8 weeks per year.

Each period of usage has its own usage value and the total usage value is then deducted from an owners rental yield

 

Aditional Benefits

 

PROTECTED

RENTAL RETURNS

The design and construction Le Coeur des Loges is being carried out with the support of La SAS*, a private organisation majority owned by local authorities. As a result of the location and build quality of this project.

 

La SAS has been able to put a guarantee in place which ensures that, in the highly unlikely event that the management company are late with a rental payment, the agreed rental yield will still be paid to owners.

 

This guaranteed amount will not exceed the equivalent of one year’s rental and is paid as and when it is required by the owner. La SAS is also in place to ensure the long term marketing of the properties should any unforeseen event arise with the management company.

 

‘INTER-SEASON’ USAGE

 

A part of the MMV portfolio is the ability to use the property at highly discounted rates during the ‘inter-season’. This period includes the months of May and June, and also September through to November. The cost for using the property will be just €70 per week, representing a fantastic way to take a low cost holiday.

 

THE MMV OWNERS CLUB

 

Owners at Le Coeur des Loges become part of the prestigious MMV ‘Owners Club’ and can use their weeks in more than 20 destinations across France.

In addition all owners receive a 20% discount on the rates of all properties within the MMV portfolio.

Further information on the management company MMV is on page 21 and there is also a full guide on becoming part of the MMV Owners club.

 

 

SPEND UP TO 8 WEEKS IN YOUR PROPERTY

 

USE OTHER PROPERTIES WITHIN MMV

PROPERTY EXCHANGE SYSTEM

 

ENJOY A LAST-MINUTE WEEKEND BREAK

 

ENTRUST YOUR PROPERTY TO A RELIABLE

MANAGEMENT TEAM

 

BE FREE FROM ALL RENTAL PROPERTY

MANAGEMENT CONCERNS

 

COMBINE PROPERTY INVESTMENT

WITH ENVIRONMENTAL FRIENDLINESS

 

USAGE DURING INTER SEASON FROM MAY TO

NOVEMBER (€70/WEEK)