74110 Avoriaz 355 SF Flex Condo Unit Offered at $274,941

MORZINE 74110 - AVORIAZ 1800 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 Avoriaz ski resort, one of the most sought-after resorts in the French Alps. Nestled at an altitude of 1,800 meters, it offers direct access to the ski slopes, allowing residents to leave and return with skis on. The resort is accessible via shuttles from Thonon-les-Bains train station and Geneva airport, making it easy for vacationers to arrive. Avoriaz is a car-free resort, ensuring a calm and healthy environment while being close to the resort's amenities and activities. The residence is managed by Pierre et Vacances, a recognized leader in the field of tourist residence management. With over 55 years of experience, Pierre et Vacances offers professional and high-quality management. The commercial leases offered by Pierre et Vacances for the Crozats Residence are long-term, renewable for 9 years. Here, the lease has just been renewed. These leases include an annual rent indexation clause based on the IRL, which secures rental income. Operating costs are mainly borne by the manager, reducing the cost for owners. Owners remain responsible for non-recoverable charges (about 300 euros/year) or major works. 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 charges and depreciation from rental income, thus reducing the taxable base and optimizing net profitability. The price per square meter at the Residence is competitive compared to other similar standing residences in the Avoriaz region. It averages around 6,000 to 7,000 euros/m², depending on the size and specific location of the apartment within the residence. This price includes furniture and equipment necessary for rental. The Crozats Residence was delivered in 2011, incorporating modern materials and environmentally friendly construction techniques. Since its opening, several renovation and update works have been carried out, including the improvement of common areas and the modernization of equipment. To date, the residence does not plan any major works in the short term, but regular maintenance is carried out to maintain a high level of quality. The prospects for lease renewal with Pierre et Vacances are very favorable, ensuring continuity of professional management. The Residence stands out for its harmonious integration into the mountain landscape of Avoriaz. With the resort being pedestrian-only, the residence benefits from a calm and safe environment, ideal for families. Additionally, it offers a variety of activities and services, such as children's clubs, wellness areas, and evening entertainment, enriching the residents' experience. Its modern and ecological architecture is also an asset, reflecting a commitment to sustainable development. The Crozats Residence in Avoriaz represents a quality investment, with professional management ensured by Pierre et Vacances, good profitability thanks to the LMNP regime, and a prime location in a renowned ski resort. The prospects for profitability and property appreciation are very positive, making this residence a wise choice for investors and mountain enthusiasts. FURNISHED SALE PRICE: 232,680.00 euros FAI (Sales fees borne by the sellers) To reserve accommodation at the foot of the slopes, contact Jimmy EVANGELISTA at 07.67.51.27.67 Other PMR, T2, T3, T4, and T5 accommodations are available upon request Information on the risks to which this property is exposed is available on the Géorisques website. www.georisques.gouv.fr According to Article L.561.5 of the Monetary and Financial Code, for the organization of the visit, the presentation of an identity document will be requested This announcement was drafted under the editorial responsibility of Jimmy EVANGELISTA, Independent Real Estate Advisor acting under wage portage with SAS PROPRIETES PRIVEES with a capital of 44,920 euros, ZAC LE CHÊNE FERRÉ - 44 ALLÉE DES CINQ CONTINENTS 44120 VERTOU; SIRET 487 624 777 00040, RCS Nantes. Professional Card (T) and (G) n°CPI 4401 2016 000 010 388 issued by the CCI Nantes - Saint Nazaire. GALIAN-SMABTP Guarantee - 89 rue de la Boétie, 75008 Paris - n°28137 J for 2,000,000 euros for T and 120,000 euros for G. Professional liability insurance by GALIAN-SMABTP policy number 28137J Mandate 428086 Jimmy EVANGELISTA (EI) Commercial Agent - RSAC Number: - .