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Sunday 19th November 2017

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LE CRISTAL DE JADE 5*
Le Cristal De Jade, CHAMONIX,
Prices from : €288,000
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Number of bedrooms : 1 +
Features :
  • 1-4 bedroom apartments in the centre of Chamonix
  • 5* rating with highest standard of MGM finish yet
  • Under an hour from Geneva
  • Great position within Chamonix next to Aiguille du Midi lift and shops
  • 360° panoramic views of the Chamonix Valley, Mont Blanc & Aiguille du Midi
  • Spa and wellness area with sauna, steam, swimming pool, treatment area
  • Ski lockers with heated boot racks, personal storage rooms, underground parking
  • Completion Dec 2016
  • LEASEBACK options
Details :

 

A selection of 1- 4 bedroom 5* apartments in the centre of Chamonix

Located in the popular and picturesque mountain village of Chamonix, Le Cristal de Jade is a brand new leaseback development and is the first ever 5* establishment by one the Alps’ most trusted and prolific developers.

Located in the popular and picturesque mountain village of Chamonix, Le Cristal de Jade is a brand new leaseback development and is the first ever 5* establishment by one the Alps’ most trusted and prolific developers.

One of the most attractive features of Le Cristal de Jade is its prime central location within Chamonix. Very rarely does new build property of this quality become available in such a fantastic location. Its dominant position facing Mont Blanc means that there are some fantastic views from many of the apartments.

In total there are 51 one to 3/4-bedroom duplex apartments, all located at the foot of the Aiguille du Midi. The 5* facilities include a sauna, steam bath and heated indoor pool.

The luxury development, designed by architect company Descombes follows traditional Savoyard chalet style, including large windows, wood and dry stone. It is scheduled to be completed in December 2016.

The residence is being sold under the leaseback scheme, guaranteeing rental income as well as occupation of the property managed by a trusted company active in the Alps for over 50 years. Buying a freehold property which is part of a leaseback scheme also means buyers will recover 20% VAT on the purchase price.

There are 3 leaseback formulas:

PATRIMOINE - Pure investment option with no usage but elevated rental income

LIBERTE - 3 to 4 weeks personal usage plus a proportion of annual income

AVANCE FINANCIERE - An advance of 11 years rental income as a discount on the property purchase price, plus 6 weeks annual usage. This is a great inflation beating option for lifestyle investors who would like a lot of usage, effectively locking in the price of 11 years worth of holidays in any MGM development at today’s cost.


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