ECO Le Ruitor 4 star Sainte-Foy

Sainte Foy, Val d'Isere / Espace Killy

Our opinion:

Erna Low is proud to launch this leaseback development, already built, and of very good quality. Here is an opportunity to buy in this up and coming ski resort (featured as “secret ski resort” in Telegraph article from 21/Oct/2011) – Where is it? It’s in the Haute Tarantaise, on the way to Val D’Isere and Les Arcs, up from Bourg St Maurice. A beautiful already established new 4 star resort… not to be missed!

The Residence:

The residence keeps the traditional chalet structure, combining it with new, modern architectural lines. The development comprises apartments, communal areas and parking lots. Relaxing at the sauna, going for a swim in our climatized swimming pool or simply enjoying the warmth of the fireplace are some of the choices our installations offer you to relax and rest after a day in the slopes.The apartments of 1, 2 or 3 bedrooms, equipped with radiant floor heating, wifi connection, fully equipped kitchen, satellite TV…will become your cosy home in the snow.All the apartments have a terrace or a balcony from where you will be able to admire the most beautiful views over Sainte-Foy, thanks to the terraced building layout.

Why Sainte-Foy?

Sainte-Foy is a hidden Alpine jewel, relatively unknown to ski lovers. It is a warm and cosy village full of charm that combines tradition and modernity.Its ski station is one of the few that are not overcrowded yet, thus becoming a great option for those who love this sport.Sainte-Foy installations are at its best and they are being constantly developed. Since its opening in 1990, this station has gained a reputation as the Mecca of off piste ski, welcoming also family skiers.

Investment:

Once you have bought your apartment, it goes into the leaseback scheme, providing you with the desired number of weeks of use per year, while an agent is in charge of maintaining both the apartment and the communal areas of the development.You will benefit from this investment, recovering taxes, receiving discounts in community expenses and taxes and recovering the investment through letting the apartment.The various lease options:• 1 week occupancy (low season) and 4% cash return per year• 4 weeks occupancy (1H+1M winter, and 1H+1M summer) and 3% cash return per year• 6 weeks occupancy (1H+1M+1L winter, and same in summer) and 32% discount off the purchase price! 

Apartments:

Only 2 or 3 beds fully furnished / Fully equipped kitchen/ Balcony or terrace/ Pantry/ Radiant floor heating and additional heating by convectors/ WiFi/ Local wood covering and parquet/ Satellite TVCommunal areas:Heated swimming pool/ Sauna/ Steam room/ Massage room/ Café/ Parking/ Ski lockers.

Prices:

2 beds from €243,000 up to €321,500

3 beds €431,000 or €497,500. (2 apts left!) Prices are excluding VAT (net buyer) and reduced notary fees.

Finance available from French bank – please contact us for more details.