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A couple of week for yourself in ski season and then the summers mtb'ing when it's vacant.
Sounds awful. Where do I sign?
Howard-
A couple of week for yourself in ski season and then the summers mtb'ing when it's vacant.
Sounds awful. Where do I sign?
A friend owns a ski chalet. He says it's not economical to use it himself unless it really is vacant (and if he leaves it that late, sometimes the chalet gets booked with just a day or two notice, the flights and other last minute costs wipe out any savings he'd make).
Most of the time it's cheaper and easier to get the rental income from his chalet and just pay to rent somewhere else (even in the same resort) months in advance.
(Part of this is because his family of 5 doesn't fill his chalet that sleeps 10, so he either has to get friends/family to fill up the empty space - which changes the holiday dynamic - or take a hit to have loads of unnecessary space. As an investment it's been great for him, he just doesn't ever use it himself.)
Greenbank
French sale and leaseback chalet in the alps?
Last person I spoke to about them, said you could get one with as little as 30k EUR deposit and the numbers showed a net >2% yield. A couple of week for yourself in ski season and then the summers mtb'ing when it's vacant.
(incidentally if anyone has absolutely tonnes of cash then PM me as if you can front the cashflow for 3-18 months then the deals on the >1m EUR chalets from developers are pretty impressive).