• The Residence

A 5-STAR RESIDENCE

Les Terrasses d’Hélios

CONTENTS

• Acquisition terms

• The Pierre & Vacances Center Parcs Group

Les Terrasses d’Hélios FLAINE MONTSOLEIL

• Le Grand Massif

• The Residence

• 5-star features

• Decoration

• Leisure activities

• Access

1 hour from Geneva at the heart of the Grand Massif

In Haute-Savoie in the Northern Alps

between Lake Geneva and the Mont-Blanc

1 hour from Geneva, 1 hour 15 minutes from Annecy and 30 minutes from the A40 Autoroute Blanche

5 minutes from Flaine and 15 minutes from Carroz d'Arrâches by car

The Grand Massif, a white ocean...

Between1100 and

2500 metres in altitude

One of the largest ski areas in France

5 resorts offering access by ski to the slopes: Morillon, Samoëns, Les Carroz, Sixt Fer à Cheval and Flaine

Some of the best snow coverage in the French Alps.

Paradise for skiing fans

Ski area designed by ski champion Émile Allais

Les Cascades: a 14 km long blue slope without having to see one single ski lift

The Jampark: the paradise for freestylers

Nordic skiing and snowshoeing: At 1844 m, the Col de Pierre Carrée, the highest Nordic ski area in the Alps offering the best snow coverage

265 73

5

km of slopes ski lifts resorts offering access by ski to the slopes

Slope map

FLAINE 1600

FLAINE 1700

An international resort, easy to access

By plane Geneva international airport (1 hour) Low Cost airlines to London, Brussels, Amsterdam… Coach links By train TGV (high speed train) station of Cluses (30 km) TGV (high speed train) station of Geneva (70 km) Coach links to Flaine By car A40 Geneva-Chamonix, (Paris 603 km, Lyons 213 km)

SWITZERLAND

ITALY

A privileged, calm location, completely pedestrianised

On site: a traditional Savoie restaurant, shops and sports shop

A residence offering access by ski to the slopes, directly linked to the ski area by a chair lift

Free shuttle service available to residents to reach the centre of Flaine

A 5-star Premium residence on the upper reaches of Flaine

In a spruce forest, at the foot of the Aravis mountains

Light-filled from dawn to dusk

Tourist accommodation that cares for the environment and natural resources

Les Terrasses d’Hélios a privileged location

67 very prestigious apartments - 1 to 3 bedrooms

Large stone and wooden chalets

Balconies or patios

Large picture windows

Many apartments south-facing

Architecture blending perfectly into the natural environment

A range of services to meet all your requirements

Reception staff trained to welcome international customers around-the-clock

Vast reception lounges with fireplace and bar, wifi, baggage service, ski lockers, etc.

Bespoke services: breakfast deliveries, bakery-catering service, concierge, cleaning services, shopping deliveries, etc.

Reception example

The Residence's spa: a cosy and relaxing atmosphere

A superb well-being area covering 320 m2

outdoor whirlpool baths linked to the indoor heated pool,

Jacuzzi®, 2 saunas, hammam…

5 care and massage booths

Reception example

Spacious and well-fitted interiors

Understated and contemporary furniture; natural shades and sober patterns; wooden tables and chairs for the living area

Tastefully and harmoniously decorated bedrooms.

Lots of storage space; wardrobes

Fitted kitchen area

Free wifi connection, satellite TV

Overview

Activities and leisure for all your whims

Sensational sports: Ice driving, ice quad, skidoo, gliding and helicopter flights

Nature sports: husky sleigh rides, snowshoeing, Nordic skiing

Activities and leisure: Cultural events, sports competitions, recreational activities, bowling, billiards, cinema, skating rink, swimming pool

Art skiing Freedom and creativity

A resort on the additional listed monuments inventory:

Design by the master of Bauhaus, architect Marcel Breuer

Open air monumental works: Dubuffet; Picasso; Vasarely

Entertainment all summer long

Countless summer activities: tennis, archery, trial, mountain-biking, miniature golf, etc.

Flaine golf course: 18 holes at 1900 m in altitude

Natural reservations of Six-Fer-à-Cheval and Passy, for unforgettable walks

Countless hiking trails with 150 km of marked out paths

For lovers of strong sensations: paragliding, climbing, potholing, via ferrata

Terms

• Tax - Return on investment

• Typology - Breakdown

• Price range

• Sales possibilities

• Estimated timetable

• Administrative aspects

Benefits VAT rebate

Leaseback properties

Up to 3.75% guaranteed returns, net of running costs

Holiday stays available

Return on investment Non-stay financial ownership 3.75%* ex. VAT/ex. VAT Financial deals with stay

*Average rate, excluding parking and furnitures

Price range

Number Indicative sales price of the apartments

Effective surface area

Price (ex. taxes) excluding furniture / excluding car park

rounded off

32 1 bedroom 4 people 31,20 / 43,70 m2 € 203,500 / 300,500

73 2 bedroom 6 people 37,00 / 61,60 m2 € 236,120 / 362,000

11 3 bedroom 8 people 69,50 / 82,40 m2 € 354,000 / 406,000

The precise sales price of each lot depends on its typology and location in the residence. Prices do not include acquisition costs, furniture or car park While stocks last.

Additional car parks and storage units 10 additional parking spaces in the basement: for owners wanting a 2nd parking

space.

Cotrad storage units: between 2 and 3 m2 allowing owners to enjoy private

storage facilities all year long .

Sales possibilities FURNISHED possibilities

Possibility 1 Financial ownership without occupation 3.75%

VAT/ex. VAT

Possibility 2 Financial ownership with occupation: 2 weeks • 1 week in the mid-peak winter season • 1 week in the off-peak summer season

3.50% VAT/ex. VAT

Possibility 3 Financial ownership with occupation: 2 weeks • 1 week in the high-peak winter season • 1 week in the high-peak summer season

3.20% VAT/ex. VAT

Possibility 4 Financial ownership with occupation: 2 weeks • 1 week in the very high-peak winter season • 1 week in the high-peak winter season

2.90 % VAT/ex. VAT

Possibility 5

Financial ownership with occupation: 8 weeks • 3 weeks in the mid-peak winter season • 2 weeks in the off-peak winter season • 2 weeks in the high-peak summer season • 1 week in the off-peak summer season

2.75% VAT/ex. VAT

à la CARTE

Possibility of adding additional weeks of occupation by underestimating the profitability of the existing options according to the following barême* :

0.10 % 1 week in Summer Low Season

0,15 % 1 week in Summer High Season

0.20 % 1 week in Winter Low Season

0,25 % 1 week in Winter Medium Season

0,40 % 1 week in Winter High Season

0,60 % 1 week in Winter Very High Season

For all requets and to create the special mode on the reservation contract, please send an email with the name of your customer to PVCI support.

*ATTENTION ! It is not possible to remove or replace weeks of occupation on the existing formula.

Estimated timetable of calls for funds

Estimated timetable - calls for funds

Signature of the reservation contract 2 %

Notification / Signature of deeds – Phase 1

13 % November 2012

Notification / Signature of deeds – Phase 2 April 2013

Completion of the base slab of the ground floor 30 % 3rd quarter 2013

Roofing 20 % 4th quarter 2013

Completion of the partitions 18.61% 3rd quarter 2014

Estimated delivery date 4th quarter 2014

Administrative sheet

Tax benefits Guaranteed rental returns LMNP – LMP

Tax consultant Cabinet Magnin

Conveyancing fees New sale (VEFA)

Indexing IRL with 2 % ceiling

Land tax (*) (non-binding estimated cost)

approximately €15/m2

Rent for the first period Payment for the first period on following 30th April Prorata Temporis

Reserving company SNC FLAINE MONTSOLEIL CENTRE

Location address Station de Flaine – Commune Araches la Frasse

Brand PV PREMIUM

Land registry references Plots Section C n° 285 – 279 - 265

Planning permission

PC no. 074 014 07 C 0027 obtained 7th March 2008 and PC Modificatif no. PC 074 014 07 C0027-03 obtained on 3rd March 2011.

Solicitor's and guarantee deposit

Etude Martin – Oury

Through its 47 years of experience, 51,000 housing units managed, 7.5 million customers per year, Pierre & Vacances Center Parcs provides secured investment solutions: building up of assets, family security, guaranteed income, tax benefits and holidays on top of it all!

02/12 - Photo credits: Pierre & Vacances Center Parcs, Fotolia, Flaine tourist office Illustrations left to artists' free interpretation Non-binding photos and document - Bmg System

Le Grand Massif The Grand Massif ski area enjoys some of the best snow coverage in the French Alps. With a magical view over the Aravis mountains and impressive landscapes. The ski area links up 5 resorts offering access to the slopes by ski: Flaine, Samoëns, Morillon, Les Carroz and Sixt-Fer-à-Cheval.

Key figures 265 km of slopes 73 ski lifts 5 resorts offering access by ski to the slopes 46% international customers

The Residence is located at 1,750 m in altitude in a calm, completely pedestrianised location. It is directly connected to the whole Grand Massif ski area by a chair lift. A shuttle service is available to residents to reach the centre of Flaine

Decoration Spacious and well-fitted interiors combine Alpine tradition and contemporary design. Superb picture windows offer a splendid view.

Memo Price range 1 to 3 bedroom flats €203,500 to €406,000

On the upper reaches of Flaine

(*) The precise sales price of each lot depends on the typology. Prices do not include acquisition costs, furniture or parking space. While stocks last. 02/2012. Photo credits: Pierre & Vacances Center Parcs, Fotolia, Flaine tourist office Illustrations left to artists' free interpretation Decoration examples Non-binding document

The large chalets combine contemporary design with traditional architecture. The façades are clad with wood and animated by a series of balconies and patios, most of which are south-facing.

The Residence

5-star features - Vast reception lounges with bar,

fireplace, baggage service, Wi-Fi

- Several bespoke services - 250 m2 well-being area:

whirlpool baths linked to a heated indoor pool, hammams, sauna, care booths, etc.