Evain - Lake Geneva

Evian Les Bains

An excellent opportunity to own a leaseback property in the magical region of Evian Les Bains next to the famous Lac Leman.

Evian is situated north of the department of Haute Savoie , on the south bank of Lake Geneva, opposite Switzerland (13 km). The town (7,500 inhabitants) is on the edge of the Leman lake (altitudes of 370m/725m), standing against the massif of the Alpine foreland of Chablis.

Evian profits from spectacular surroundings between lake and mountains which have made it renowned as an international tourist resort. (Spa and health resort, holiday resort, Congress town, close proximity to ski resorts in the Portes du Soleil area etc.).

Birthplace of Natural Mineral Water known throughout the world, Evian has preserved and used its architectural heritage to its best advantage and presents to its visitors the image of a welcoming and dynamic city.

Visitors to Evian can enjoy a wide range of activities including golf at the prestigious Evian Masters Golf Course, skiing in nearby resort of Thollon Les Memises, the thermal centre, casino, yachting, sailing school, horse riding, white water activities…

The apartments will range from one bedroom apartments to three bedroom duplexes and all will come with a terrace or balcony.

Price Range.
1 bedroom apartment of 33.60 m2 /balcony of 3.30 m2 - 106 763 Euros (ex VAT)
3 bedroom apartment of 58.3m2 /balcony of 8.8 m2 - 172 312 Euros (ex VAT)

Rental contract. 9 yr and 6 month contract with the established company Residhotel.
Yield:                 4 – 4.3% with rental income paid quarterly in arrears.
Delivery:            Expected to take place in May 2009.
Other benifits    20% reduction on all reservations made from the Residhotel catalogue.
Vat rebate.        Full 19.6% VAT rebate. The developer is advancing the VAT
Mortgages         We are able to arrange French mortgages including 100% mortgages through our French mortgage partner

All of the apartments will be decorated to a high standard and will come with equipped kitchens and furniture (included in the purchase price).