74110 Avoriaz 355 SF Flex Condo Unit Offered at $274,461

MORZINE 74110 - AVORIAZ RESIDENCE LES CROZATS FURNISHED 2-ROOM APARTMENT, 4/5 PEOPLE, FLOOR R+4 EXCEPTIONAL LOCATION AT THE FOOT OF THE SLOPES The Crozats Residence is ideally located in the ski resort of Avoriaz, one of the most sought-after destinations in the French Alps. Nestled at an altitude of 1,800 meters, it offers direct access to the ski slopes, allowing residents to ski in and out with ease. The resort is accessible via shuttles from Thonon-les-Bains train station and Geneva airport, making it convenient for vacationers. Avoriaz is a car-free resort, ensuring a peaceful and healthy environment while being close to amenities and entertainment options. The residence is managed by Pierre & Vacances, a recognized leader in the management of tourist residences. With over 55 years of experience, Pierre & Vacances provides professional and high-quality management services. The commercial leases offered by Pierre & Vacances for the Crozats Residence are long-term, renewable every 9 years. The lease has just been renewed. These leases include an annual rent indexation clause based on the IRL (Rental Reference Index), ensuring secure rental income. Operating costs are primarily covered by the management company, reducing expenses for owners. Owners are responsible for non-recoverable charges (approximately €300/year) or major repairs. The profitability of the Crozats Residence is attractive, with an average NET yield of around 4%. Owners can benefit from the Non-Professional Furnished Rental (LMNP) status, which offers significant tax advantages. This regime allows for the deduction of expenses and depreciation from rental income, thereby reducing taxable income and optimizing net profitability. The price per square meter in the residence is competitive compared to other similar high-end properties in the Avoriaz region. It averages between €6,000 and €7,000/m², depending on the size and specific location of the apartment within the residence. This price includes furniture and equipment necessary for rental purposes. The Crozats Residence was delivered in 2011, featuring modern materials and environmentally friendly construction techniques. Since its opening, several renovations and updates have been carried out, including improvements to common areas and modernization of facilities. Currently, no major works are planned in the short term, but regular maintenance is performed to ensure a high level of quality. The prospects for lease renewal with Pierre & Vacances are very favorable, ensuring continued professional management. The residence stands out for its harmonious integration into the mountain landscape of Avoriaz. As the resort is pedestrian-only, the residence enjoys a calm and safe environment, ideal for families. Additionally, it offers a variety of activities and services, such as kids' clubs, wellness spaces, and evening entertainment, enriching the residents' experience. Its modern and eco-friendly architecture is also a strong point, reflecting a commitment to sustainable development. The Crozats Residence in Avoriaz represents a high-quality investment, with professional management provided by Pierre & Vacances, attractive profitability through the LMNP regime, and a prime location in a renowned ski resort. The prospects for profitability and property value appreciation are very positive, making this residence a smart choice for investors and mountain enthusiasts. FURNISHED SALE PRICE: €232,680 (Sales fees paid by the sellers) To reserve a property at the foot of the slopes, contact Jimmy EVANGELISTA at 07.67.51.27.67 Other PMR, T2, T3, T4, and T5 units are available upon request. According to Article L.561.5 of the Monetary and Financial Code, a valid ID will be required to organize a visit. This listing was prepared under the editorial responsibility of Jimmy EVANGELISTA, independent real estate advisor operating under a salary portage agreement with SAS PROPRIETES PRIVEES, with a capital of €44,920, ZAC LE CHÊNE FERRÉ - 44 ALLÉE DES CINQ CONTINENTS 44120 VERTOU; SIRET 487 624 777 00040, RCS Nantes. Professional Card (T) and (G) No. CPI 4401 2016 000 010 388 issued by the CCI Nantes - Saint Nazaire. GALIAN-SMABTP Guarantee - 89 rue de la Boétie, 75008 Paris - No. 28137 J for €2,000,000 for T and €120,000 for G. Professional liability insurance by GALIAN-SMABTP, policy number 28137J. Mandate 428086 Jimmy EVANGELISTA (EI) Commercial Agent - RSAC Number: - .