Ski Chalet Investment in Méribel for a London-Based Landlord
€580,000 · 20 years · 3.60% fixed 5 yrs. An experienced UK landlord wanted to diversify into Alpine ski property, purchasing a chalet in Méribel through a leaseback scheme operated by a major French resort operator.
The Client
Buy-to-Let Investors Abroad
The Challenge
An experienced UK landlord wanted to diversify into Alpine ski property, purchasing a chalet in Méribel through a leaseback scheme operated by a major French resort operator. The leaseback structure generated guaranteed rental income but required a lender familiar with this ownership model.
Our Solution
Doulton sourced a French lender with specific experience of leaseback (bail commercial) structures in ski resorts. The rental guarantee from the operator was used in the affordability assessment. The UK client's existing portfolio was referenced but not required as additional security.
The Outcome
Chalet purchased and enrolled in the leaseback programme. Net yield after mortgage costs and management fees: 4.2% per annum. Weeks of personal use retained within the leaseback agreement. Key highlights: Leaseback structure fully understood by lender; Operator rental guarantee used in affordability; Personal use weeks retained within scheme.