Leading French property developer, MGM French Properties, has launched one of the first of its next generation luxury leaseback developments in the chocolate-box Alpine town of Chinaillon, near to Le Grand-Bornand Chinaillon resort. The 44 fully-furnished apartments which make up Le Roc des Tours feature panoramic views of the slopes and cosy rustic interiors. They each include a private cellar and ski locker room. The development will also boast an on-site restaurant and state-of-the-art spa facility. Apartments at Le Roc des Tours start from at €195,833 for a one-bedroom apartment, ranging to €525,000 for a three-bedroom duplex property.
Situated in the picturesque hamlet village of Chinaillon, which is steeped in rustic charm, purchasers will benefit from close proximity to La Floria ski lift, which is opposite the development. A larger neighbouring town, Le Grand Bornand, is easily accessible by road or ski lift. Both of these areas which combine to make up the resort are known for their family friendly atmosphere and reliable snowfall. Opening up 44 different ski slopes and 67.9 km of cross-country skiing, this resort is a fantastic location for keen skiers to invest in.
Le Roc des Tours has been designed using the highest quality materials, such as timber, stone and copper, ensuring purchasers will be investing in a property which has a stamp of quality. Building on the high-specification properties they are known for, MGM’s next generation homes will take their reputation for quality to the next level, ensuring excellent construction standards, first-rate amenities and ideal locations for easy ski resort access.
Cosy interiors include a fully-fitted kitchen with fridge, dishwasher and granite worktops. Each fully-furnished apartment features luxuriant soft furnishings and a television, with a large dining area and copious storage space. Unusually for developments of this kind, almost all the apartments offer views of the slope. Large French windows open onto generously-proportioned private balconies, creating the perfect place to unwind with hot chocolate and a blanket.
The bedrooms in the leaseback apartments are cleaned with fresh linen prepared for each arrival, and are equipped with built-in wardrobes, wood parquet flooring, lamps, a TV and a desk. Each master bedroom overlooks the slopes. The bathroom is fitted with a vanity unit, water-saving tap and heated towel rail. Hairdryers and integrated down lights supplement the relaxing experience.
Richard Deans, Sales Manager at MGM French Properties, comments, “Le Roc des Tours is an incredible addition to the growing resort of Le Grand Bornand Chinaillon. Offering exceptional value, this is one of the first of MGM’s next generation developments to complete, further demonstrating our commitment to exceptionally high-quality properties which you can enjoy for years to come.
“The development is very conveniently located for keen skiers, and the private balconies and homely interiors create the perfect environment for relaxing after a long day on the slopes. For the savvy purchaser, this could be a great investment with convenient property management and the potential to reap the rewards of the guaranteed rental income offered in the leaseback scheme.”
Picture-perfect Chinaillon offers a wide variety of family-friendly activities, and a range of nurseries and child day-care options. Ski-school is available to children as young as three, and discounted family lift passes are available. The resort has been certified as ‘Famille Plus’ by the French government, and offers great opportunities for cycling and hiking through the summer months, in addition to first-class winter sports.
The restaurant scene is authentic, with a wide choice of eateries run by local residents. Highly-rated L’Alpage is a two-minute walk from the development and serves traditional Savoyard cuisine, while further restaurants in the area supplement the facilities which will be available on site for purchasers at Le Roc des Tours.
The apartments at Le Roc des Tours are available as leaseback, guaranteeing rental income to the buyer, on a variety of usage schemes. The rental process is managed by MGM for minimal inconvenience to the owner. Buying a three-bed duplex property with access during blank periods only can create an annual income of up to €10,500, whilst even buyers of a one-bed property with six weeks’ rental use can expect to earn €3,500 each year. The development also allows for a high degree of flexibility, so owners can trade in weeks for use in some other CGH resorts across the French Alps, free of charge.
- One-bedroom apartments from €195,833 – NET of VAT via leaseback purchase (1 remaining)
- Two-bedroom apartments from €270,833 – NET of VAT via leaseback purchase
- Three-bedroom apartments from €445,833 – NET of VAT via leaseback purchase
- Three-bedroom duplex apartments from €525,000 – NET of VAT via leaseback purchase (1 remaining)
For further information on Le Roc des Tours contact MGM French Properties on Tel: 0207 494 0706