Le Seignus Residence Val dAllos

France

This development is made up 90 studio, one and two bedroom apartments just a few hundred metres from the ski lift in Seignus, near the resort of Val d Allos in the French Alps, 83 miles north of Nice.

Prices start at just €113,000 (£100,500) up to €250,000 (£223,000)

Most apartments will have balconies and superb views of the surrounding mountains and forests. The site is located 300 m north of the ski lift and just a few hundred metres from the small town, with shops and restaurants.

The town is in the Mercantour National Park, with a wide range of facilities available through the summer months as well as ski facilities for the winter.

Tennis, table tennis, swimming lake, skateboard park, picnic areas are all within minutes of the site and mean that your apartment is an ideal place to visit at any time of the year.

As this development is being made available through the French leaseback system, you have a 9 year rising rental income available, starting at 4.0% of the purchase price. Completion due mid 2009.

You may have personal use of the apartment for 3 weeks a year, but this will reduce your rental returns. VAT is recoverable after purchase, giving the buyer a 19.6% return of the purchase price.

French mortgages are available subject to status up to 80% of the purchase price. Click here for webcam

Val d'Allos is part of the Skiing and Snowboarding in Espace Lumière Espace Lumière Ski Area with access to 113 individual pistes. The three levels of Val d'Allos (1400m, 1500m and 1800m) are known as the Espace Lumiere and connect with the Pra-Loup, creating 230km of runs starting as high as 2600m. Val d'Allos 1800 (le Foux), is the highest ski resort in the Alpes du Sud.

In addition to the skiing in Val d'Allos itself (147km of pisted ski runs), the appropriate ski Lift Pass will allow you to ski or snowboard in the other Espace Lumière ski resorts of La Foux d'Allos Ski Resort.

La Foux d'Allos, Pra Loup Ski and Seignus (Val d'Allos 1500).

With pistes above 2500 metres, skiing and snowboarding is almost assured throughout the season. There is an airport within two hours drive, so ski weekends, snowboard breaks and short ski holidays to Val d'Allos are perfectly feasible.

Val d'Allos offers good skiing, particularly, for Intermediate skiers and also offers some good boarding; there is a Snow Park.