There is plenty to do in Tignes in the French Alps during the summer and well as the winter, says MGM French Properties
Once the snow has melted, Tignes transforms into a mountain playground of epic proportions. Whether it’s hiking through sun kissed meadows, chasing adrenaline thrills or simply relaxing in one of the many spas, there is an activity to suit every taste in Tignes. MGM French Properties recognises Tignes untapped potential having had great commercial success in recent years delivering a number of luxury chalets. Résidence Kalinda is located in a prime position between Tignes and Val d’Isère within sight of the mighty Mont Blanc. The development is inspired by traditional architecture and is finished externally in local stone and timber blending seamlessly into the surrounding landscape. An eight- seater gondola has also been specially installed below the development on the slopes allowing instance access to the higher slopes.
For those counting down the minutes to the winter season, Tignes offers some of the best summer skiing in the Alps. The season runs from the end of June to early August when slopes open on the Grand Motte glacier which sits at 3,400m offering 20kms of skiing. This year, the roads in the region were home to some of the most gruelling sections of The Tour de France. Cycling enthusiasts can follow suit and tackle the stunning mountain roads around the resort. Mountain bikers can also visit Tignes-Val d’Isere bike park, which comes complete with five MTB lifts, trails for all levels, practise areas and a giant air bag. For those looking for a slower paced sport, the resort is home to one of Europe’s highest golf courses with stunning views across the surrounding landscape and the glacier is also open to pedestrians who can enjoy the spectacular views. The resort also sits around a stunning naturally formed 25-hectare lake offering a host of water sporting activities including kayaking, canoeing and sailing.
1 bedroom apartments from €241,667 – NET of VAT via leaseback purchase
2 bedroom apartments from €291,667 – NET of VAT via leaseback purchase
3 bedroom apartments from €416, 667 – NET of VAT via leaseback purchase
The development is being sold as leaseback saving investors 20% VAT on the purchase price. Owners still gain 100% freehold ownership as well as a fully-managed property, guaranteed rental income and up to 10 weeks usage across high, medium and low seasons. Setting MGM French Properties apart is the fact that they allow owners to maximise personal use at the most desired times of year such as Christmas, Easter and February half term. For more information on the leaseback model click here.
Example rental income of an MGM Property: 3 to 4 weeks use in winter or summer can generate between £3,800 (€5,500) and £6,300 (€9,000) per annum for 1 – 4 bedroom apartments respectively. Higher or lower usage packages are also available.