Le Grand-Bornand, Rhône, Address available on request

Details:- In the center of Chinaillon, close to shops and ski slopes in a 4-star tourist residence: this apartment of about 50m2 Carrez law, is composed of 2 bedrooms with cupboards, one of which is en suite with its shower room. It is equipped with an additional bathroom, separate toilet, a living room with equipped kitchen opening onto a balcony of about 6m2 facing east. It also has a cellar, a ski locker and a covered parking space within the residence.
 Fully furnished, in a building managed by CGH, with occupancy contract and guaranteed rental income.
 You are the full owner but have limited occupancy of the property and in exchange, CGH provides a multitude of high-end services and offers. The property benefits from free access to the swimming pool, Jacuzzi, sauna, hammam, fitness room, treatments. Ideal for an investment and holiday in the mountains!
 The current owners benefit from an annual occupancy of 6 weeks during the so-called seasonal periods (from mid-December to the end of April and from the beginning of July to the end of August) and unlimited occupancy in the off-season. After 28 days, however, the occupancy becomes 'paying' (Water + electricity). When coming in the off-season, you must also notify the residence 2 weeks before your arrival.
 The commercial lease between you and CGH has been renewed and will expire in 2030. After this date, the residence will continue to be operated as a tourist resort. You have the opportunity to change the number of weeks of occupancy once during the lease, with an update of the annual rent received. Rental income varies depending on the length of occupancy and the period rented.
 The contracts are for a period of 9 years and at maturity they are renewed for the same or re-negotiable period and can also be modified if you prefer a lesser or higher use. Rental income varies depending on the length of occupancy and the weeks. They vary between 3000€ to 6000€/year with the possibility of more depending on the occupancy rate!
Information on the risks to which this property is exposed is available on the Geohazards website:www.georisques.gouv.fr
Your real estate negotiator: Albane TOURLIERE: +33 (0)6 86 53 82 77
 CPI 7401 2016 000 017 580