Le Grand-Bornand, Rhône, Address available on request

Details:- In the center of Chinaillon, close to shops and ski slopes in a 4-star tourist residence: this apartment of about 39 m2, is composed of 2 bedrooms. It is equipped with a shower room, separate toilet, a living room with kitchen, and a balcony. It also has within the residence a cellar, a ski locker and a covered parking space. Fully furnished, in a building managed by CGH, with occupancy contract and guaranteed rental income. The property enjoys free access to the swimming pool, Jacuzzi, sauna, hammam, fitness room, treatments. Ideal for an investment and a holiday in the mountains!

The current owners benefit from an occupation of 3 weeks annually in so-called seasonal periods (from mid-December to the end of April and from the beginning of July to the end of August) and an unlimited occupation in the off-season. Beyond 28 days, however, the occupation becomes 'paying' (Water + electricity). During off-season visits, you must also notify the residence 2 weeks before your arrival.

The contract is currently in renewal period, the owners are in the process of renegotiating the terms of the contract to increase rental income and reduce expenses.
The contracts are for a period of 9 years and at maturity they are renewed over an identical or re-negotiable period and can also be modified if you prefer less or greater enjoyment. If you decide to benefit from a lower annual occupancy (2 weeks for example) you will benefit in this case from a guarantee of higher rental income in particular.
Rental income varies according to the duration of occupancy and the weeks. They vary between 3000 € to 6000 € / year with the possibility of more depending on the filling rate!

Price displayed agency fees included (5% TTC at the expense of the purchaser).

Information on the risks to which this property is exposed is available on the Geohazards website:www.georisques.gouv.fr

Your commercial real estate agent: Albane TOURLIERE: +33 (0)6 86 53 82 77. RSAC Annecy 884 165 788

CPI 7401 2016 000 017 580