- Location at the foot of the slopes & quality features:
Résidence Le Sequoia is located in the heart of the 2000 ski resort in the Pyrenees, a calm, sunny resort at 1800 m above sea level, in the Pyrenees
Ski-in, ski-out residence, surrounded by fir trees
The resort centre is 100 m away, with all shops, restaurants and a bakery
Bright apartments with balconies, modern and fully equipped, from studios for 2 people to 2-room cabin apartments for 6 people
- Price & rent:
Expected net yields currently around 4,45 % – indexation to the IRL capped at 2 %
Price per m² currently sold at 2 285 €/m², to be compared with 3090 €/m² for the local average price
Sold furnished, with furniture included in the final price
Competitive price given the services, the level of comfort of this 2P apartment and its location in the heart of the resort, ski-in, ski-out
- Worry-free management:
Managed by Pierre & Vacances, Europe's leading holiday residence operator
Options for occupancy arrangements and access to the exchange catalogue
First lease renewed in 2015. Next renewal in 04/2024
In 2015, for a 2-room apartment, the cost of refurbishment and renewal of furniture & of comfort features was 2 919 € including all taxes, payable by the landlord – Plan for the same amount at the time of lease renewal
The condominium managing agent is SOGIRE. Charges are advanced by the tenant and paid on behalf of the owner
Special feature: net rent excluding co-ownership charges, which naturally fall to the owner-landlord. And very little or no taxation for nearly 30 years or more, given current loan rates!
Conclusion : competitive price, high rent in cash and in kind; this asset is positioned on a heritage market, both through its location in the heart of the largest ski area in the Pyrenees and through its quality architecture. Very suitable as a medium- to long-term investment, combining enjoyment, shared memories and quality heritage, which should only grow in value given its location and the scarcity of land in the mountains.
