Les Menuires – Pierre Blanche
This 1-bedroom apartment in popular ski resort Les Menuires gives you access to 3 Valleys, the greatest ski area in the world. It is located on the sixth floor near to all conveniences (the best area in Les Menuires) and is ski-in ski-out (right in front of the chairlifts, in the middle of a slope) therefore guarantees the future resale value or potential rental income.
Access slopes directly from the building. Also a swimming pool and Spa. The apartment is sold fully-equipped and furnished + a ski locker. Iconic building from 1973, fully renovated apartments and common areas in 2012. There are private underground parkings nearby (50E/week) or outdoor free parking areas also.
It is currently rented out as an investment product (cannot be used as an outright purchase but you can stay in your apartment several weeks each year and deduct from the yield). The residence was renovated in 2012. Yield is over 5% and increases each year between 1-2% on average and rental agreement ends in 2024 (renewed automatically for 9 years). Land tax around 450€/year + service charges around 150€/year.