Star Residence In Les Menuires, Les Trois Vallées

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1 Star Residence In Les Menuires, Les Trois Vallées

2 A unique opportunity in the 3 Valleys At 1850 m altitude on the western slopes of the Belleville valley is Les Menuires, one of the most popular resorts of the advantages an integrated functional resort, Les Menuires once urban-only character is now giving way to new era of architecture. Chalets and luxury homes are combining to showcase the region s past in traditional stone and local wood creating quiet yet superbly connected boroughs within this lively and action-packed resort. Within a fantastic area of Les Menuires lies Le Coeur des Loges, a brand new collection of four star ski properties where owners can ski to and from their own front door. The tourism demand for high quality ski accommodation in locations such as this is so strong that these properties are available with up to 5.2% rental yields, the highest returns currently available in the French Alps.

3 Getting There PARIS A6 LYON A43 GENEVE Courchevel Albertville LES MÉNUIRES Saint Martin de Belleville Méribel LES MÉNUIRES Val Thorens A7 MARSEILLE Car A430 motorway to Albertville Then N90 to Moutiers And the D117 for 27km GPS: Latitude: Longitude: Air Chambéry: 100 km Geneva: 143 km Grenoble: 180 km Lyon: 183 km Rail The nearest reailway station to Les Menuires is the Moutiers-Salins-Brides les Bains station which is 27km from the resort. There are three railway companies which provide services to this line: SNCF, Eurostar and Thalys. SNCF: Trains from anywhere in France Eurostar: From London Thalys: From Antwerp / Brussels or Amsterdam / Rotterdam

4 The 3 Valleys The 3 Valleys or Les Trois Vallées is the world s largest inter-linked ski area. Three stunning valleys are linked up by eight ski resorts and together they attract more skiers and snowboarders than any other ski area in the world. Its popularity is due in part to the fact that 85% of the slopes are above 1800m guaranteeing excellent snow conditions from early December to late April.

5 3 Valleys Piste Map Val Thorens 2300 m Courchevel 1850 m Les Ménuires 1800 m Méribel 1450 m

6 Summer Activities the Belleville Valley over the summer. Here are a few of the most popular choices: Winter Paradise more than 2,000 metres of vertical, 296 lifts, Olympic downhill runs, freestyle parks, half-pipes, 120km of cross-country circuits and miles of back country powder runs. The area is serviced by 183 ski lifts, which can transport 260,000 skiers per hour. To support the pre and post season weather, this winter wonderland is backed up by no less than 1,920 snow cannons and 76 piste bashers. Employees in the area include 424 ski patrollers and 1,500 ski instructors.

7 3 Valleys ski facts 3230 m Top elevation m Base elevation 650 km Skiable area 183 No of Lifts 2,007 Snow making (number of cannons) 5 km 27 km Longest run: Cîme de Caron Nearest city: Moûtiers

8 Les Menuires One of the two major resorts in the third valley, Les skiing with superb ski resort infrastructure, making it perfect for families. There has been a lot of investment in Les Menuires over the past few years, not only in the general infrastructure and look and feel of the resort, but also in the amenities and facilities, including non-skiing activities. Val Thorens may have its ice racetrack but Les Menuires has a 1,800m2 circuit for all sorts of snow mobiles. There is also a popular 4,500 sqm Aquaspa with pool,

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10 Summer Activities able in the Belleville Valley over the summer. Here are a few of the most popular choices: Fishing, incl fly fishing Golfing Horse Riding Mountain Biking Summer Sledging Bowling Arts and Crafts Workshops A Children s Paradise The superb array of well-connected and easily navigable facilities means that Les Menuires is particularly well suited for families. As a result the resort now holds resort in the French Alps have achieved so far.

11 Le Coeur des Loges 166 apartments in a beautiful part of Les Menuires Superb ski-in ski-out location close to many amenities Great views over Belleville valley 4* residences with up to 5.2% rental returns World class private on-site facilities

12 Roc des 3 Marches Stade olympique TSD Menuires Le Coeur des Loges Bettex Tortollet Location This brand new collection of apartments enjoys one of the best locations in the entire resort. Set within one of the more traditional areas of Les Menuires, La Coeur des Loges is positioned next to the piste, meaning the properties are all ski-in ski-out and it is also close to a supermarket, bakery and ski pass ticket office. Tobogganing area Supermarket Departure point Pedestrian and ski resort lift Resort

13 Private onsite facilities Sauna Hammam Indoor heated swimming pool Children s Nursery Reception Luxury on-site spa

14 The Apartments available at Le Coeur des Loges. The apartments available at Le Coeur des Loges designed to exceed the demanding requirements for modern day ski properties. BATHROOMS Contemporary washbasins Fitted mirrors Baths or shower units KITCHEN All kitchens fully equipped Vitro ceramic hobs Recessed appliances to maximise space High quality furniture GENERAL Each apartment has a balcony

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20 South View North View West View

21 What is a Residence de Tourisme? The Residence de Tourisme structure, otherwise known as leaseback is a highly popular way of buying French property which has been around for over 40 years. France remains the most visited country in the world, a fact which is underpinned by its variety of extremely popular tourism destinations, one of which is and always will be, the Alps. cater for the continued and growing demand for high quality rental accommodation. As a tourism residence, each of these rental management, removing all the hassle of owning a property abroad. Also, as the property is helping the economy with its tourism property shortage, the French government provide an incentive in the form of a 20% VAT rebate on the purchase price of the property. AS AN OWNER As the freehold owner of your property you can use it when you like depending on the ownership formula you have opted for. The rest of the time, you entrust its management to the operator of the residence who lets it out and pays you your rent. The properties at Le Coeur des Loges will be managed by MMV, one of the most experienced rental management companies in the Alps.

22 6 Reasons to invest in this Residence de Tourisme 1. MARKET France is the most popular tourist destination in the world It is a market in constant growth There is continued strong rental demand for high quality (4* and above) rental property 2. THE DESTINATION Within the world s largest ski domain the 3 Valleys Close to Geneva airport (140km) Guaranteed snow 3. LOCATION Ski-in ski-out position in Les Menuires Just a few steps from the piste Great location for summer activities too 4. THE INVESTMENT High returns from 3.60% to 5.20% 20% VAT rebate courtesy of the French government Flexible personal usage options Complete hassle-free rental management 4. THE DEVELOPER Strength of a successful global group High quality construction 5. THE MANAGEMENT COMPANY One of the leading hotel operators in the French mountains Operating for more than 25 years

23 Rental Options requirements. Etikéa INVESTMENT Equilea A LA CARTE USAGE From 3.60% to 5.20% returns available week The Etikéa investment option is ideal for investors who want the buyers receive a rental return from 3.60% to 5.20% and can also book their property for one weekend break each year. From 3.60% to 5.20% returns available The Equilea option is suited towards those who would like to use their ski receive returns of between 3.60% and 5.20% and then the total value of the usage they have chosen is deduct ed from their rental yield. This a la carte personal usage system enables people to choose when they would like to use their prop erty throughout the year, up to a maximum of 8 weeks per year. Each period of usage has its own usage value and the total usage value is then deducted from an owners rental yield. Season Calendar DEC JAN FEB MAR MAY Winter usage values* Summer usage values* Very High Season 0.7% Very High Season 0.3% Inter-season JUN JUL AUG OCT NOV High Season 0.5% Mid Season 0.3% High Season 0.2% Mid Season 0.15% Inter-season for additional Low Season 0.1% Low Season 0.1% discounted 70p/wk *values are weekly and are deducted from the overall rental yield

24 THE MMV OWNERS CLUB Owners at Le Coeur des Loges become part of the prestigious MMV Owners Club and can use their weeks in more than 20 destinations across France. In addition all owners receive a 20% discount on the rates of all properties within the MMV portfolio. Further information on the management company MMV is on page 21 and there is also a full guide on becoming part of the MMV Owners club. INTER-SEASON USAGE part of the MMV portfolio is the ability to use the property at a highly discounted rates during the inter-season. This period includes the months of May and June, and also September through to November. The cost for using the property will be just 70 per week, representing a fantastic way to take a low cost holiday. Should your own property be unavailable for an owner to use (due to a booking already being in place), then a prop- instead. PROTECTED RENTAL RETURNS The design and construction Le Coeur des Loges is being carried out with the support of La SAS*, a private organisation majority owned by local authorities. As a result of the location and build quality of this project, La SAS has been able to put a guarantee in place which ensures that, in the highly unlikely event that the management company are late with a rental payment, the agreed rental yield will still be paid to owners. This guaranteed amount will not exceed the equivalent of one year s rental and is paid as and when it is required by the owner. La SAS is also in place to ensure the long term marketing of the properties should any unforeseen event arise with the management company. *see page 21 for further info on La SAS

25 SPEND UP TO 8 WEEKS IN YOUR PROPERTY USE OTHER PROPERTIES WITHIN MMV PROPERTY EXCHANGE SYSTEM ENJOY A LAST-MINUTE WEEKEND BREAK ENTRUST YOUR PROPERTY TO A RELIABLE MANAGEMENT TEAM BE FREE FROM ALL RENTAL PROPERTY MANAGEMENT CONCERNS COMBINE PROPERTY INVESTMENT WITH ENVIRONMENTAL FRIENDLINESS USAGE DURING INTER SEASON FROM MAY TO NOVEMBER ( 70/WEEK)

26 The Management Les Ménuires The second largest hotel operator in the French Alps, MMV has been a specialist in the hotel business and tour-operating professions for more than 25 years. tainable, social tourism in respect of the environment. MMV works each day to: Increase the economisation of natural resources Actively promote waste treatment and pollution reduction Make responsible economic decisions This is in addition to actively taking part in social initiatives, such as the full MMV in Numbers 25 years of experience 50 million in revenues 2nd largest hotel operator in the French Alps 18 Club Hotels overnight stays per year 1 million meals served per year 850 employees 130,000 clients per year Average occupancy rate: 87% funding of an orphanage and a school in Burkina Faso. LA SAS This development has been designed and created with the help of La SAS, the Development of the Savoie Society (SAS). This is a private organisation whose capital is majority owned by local authorities. SAS is highly experienced in the areas of urban, tourism and economic development and it has worked alongside local communities for over 50 years, assisting public clients in the conduct of operations planning, equipment and project delivery.

27 The Developer Construction Energy Metal These interlocking areas of expertise enable the Group to tackle extremely ambitious projects such as the now-legendary Millau viaduct, built and oper to generate revenues of more than 13 billion, of which 15% from international employees in France are also Group shareholders. While the Group may be best known for its prestige projects, its commitment to the environment and to preserving biodiversity is a constant feature of all of its undertakings. Enhancing quality of life through its development and con-