First Choice - France and Austria popular destinations for skiing holidays

Released on = June 25, 2007, 9:36 am

Press Release Author = Jimwatson

Industry = Real Estate

Press Release Summary = Skiing holidays have long enjoyed luxury status, being a
favoured pastime of the rich and famous, such as the British royal family. Every
year, Prince Charles takes William and Harry on a two-week break to Klosters in the
Swiss Alps.

Press Release Body = Skiing holidays have long enjoyed luxury status, being a
favoured pastime of the rich and famous, such as the British royal family. Every
year, Prince Charles takes William and Harry on a two-week break to Klosters in the
Swiss Alps.

Such is the long-standing association of the prince with the resort that the main
cable car to the top of the mountain, Gotschnagrat, is named the Prince of Wales in
his honour.

However, the market has opened up considerably in recent times. Lower costs and the
spread of budget airlines means that ski holidays are growing in popularity with
every passing year, according to a leading travel agent.

First Choice Holidays have highlighted France and Austria as key destinations which
are seeing an ever-increasing number of travellers heading for their slopes.

A spokesperson for First Choice confirmed: \"France is still very popular with guests
who are very keen skiers and boarders, Austria has great skiing combined with
traditional hotels. \"We are seeing a growth in demand for family holidays and we
still see great demand over the half term weeks. Easter falling earlier into March
also makes this a very popular time to travel.\"

He added: \"We are seeing a trend of people supporting both package and independent
travel as the consumer can see the value of booking with a tour operator as in most
cases you make genuine savings and receive the support and help of the tour
operator.\"

For investors buying in France, the leaseback scheme can present an added bonus.
Under the terms of French law, an overseas investor can buy a property and
immediately lease it to a management company who will handle it for them. The
advantages for the buyer are twofold.

First, a steady stream of income can be guaranteed, as the management company will
pay the investor a flat rent all the year round. This means that there will be
something coming in during the off-season, which will be of benefit to any property
investor who has mortgage payments to meet.

Second, the leaseback regulations allow for VAT to be waived where the buyer holds
on to the property for 11 years or more. If the buyer sells before that period has
expired, they will still be able to claim some discount calculated proportionate to
the length of time they have held on to the property for.


Web Site = http://www.assetz.co.uk/

Contact Details = Assetz House, Newby Road, Stockport, Cheshire, SK7 5DA, 0845 400
7000, linkexchangeseo@gmail.com

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