Located in the heart of Belle Plagne ski resort offering ski-in ski-out, Le Centaure is a new-build development of high end apartments, ranging from 1 to 3-bedroom freehold apartments between 90,835-350,000€ under the French leaseback investment scheme. The elegant architecture is integrated perfectly with its environment and offers a contemporary style that is inspired by traditional Savoyard chalets. This new development offers superb facilities like a wellness & Spa area with swimming pool and the apartments are fully furnished with equipped kitchen and bathroom(s), ski locker and private parking. The residence is built to the latest regulations to ensure highly energy-efficient accommodation.
The apartments have high standard features and have been thought to meet the requirements of demanding residents. Contemporary comfort combined with the expertise of traditional construction guarantee beauty, functionality, and quality of life throughout the year, both inside and out. Refined spaces are fitted with sophisticated materials perfect for a lifestyle that is particularly dignified. These are the sure and discreet signs of a high-end residence.
These apartments combine tax-free rental income (fully managed & hassle-free) with various personal use formulas (several weeks each year). These apartments benefit from full VAT rebate at purchase as well as reduced legal fees (2-3% average of property price). This investment scheme is very popular for ski properties as many of the potential buyers only use their ski property for a few weeks every year.
Belle Plagne is part of Paradiski
France still offers some of the lowest-rate property mortgages when it comes to financing a property to non French residents. French bank interest rates (mostly capital repayment mortgages) are a point or two lower than the main international property competitors that are Spain and Italy… At Findhomeabroad we have helped our clients obtain a French property mortgage since 2005 when we started operating as a French new-build specialist. Findhomeabroad French mortgage
Our mortgage consultants have been sourcing French property mortgages through main leading French banks but also directly from regional bank offices (usually where the potential property resides) with a better knowledge of the product to finance and more able to source adequate financing options. French banks in general are very prudent in their vetting process so it is important to have someone who knows the ins and outs of the French property mortgage process. Usually our mortgage consultants are able to source French mortgages with up to 90% loan to value for French leaseback or outright purchase properties to non-residents.
French property mortgage process
The full French mortgage application process takes between 2-4 weeks depending also on how fast you are in gathering the necessary documents needed for the French mortgage application. Also at this stage the full reservation documents are needed when you apply for the French mortgage. Further down the line, especially when buying an off-plan French property, the completion insurance guarantee from developer (called GFA or Garantie Financiere d’Achevement) is needed in order for the French bank to start releasing the funds to purchase your French property.