French Leaseback in Mimizan - 1004007
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Reference : 1004007

Price in EURO : From €123,855 to €216,476
Price in British Pounds : From £109,679 To £191,699

Personal Occupancy : Yes
Location : Mimizan - Aquitaine, France
Delivery Date : June 2008/ C1: 2nd Quarter 2010
Availability : 11 left! out of 80
Guaranteed Income : Up to 4.30%
Lease Length : 9 years
Property Type : From Studio to 1-bed + cabin apartments
Facilities : Swimming pool, fitness room, sea view, fully furnished and equipped,close to shops parking included

Key Advantages in this Investment

50 m from the beach

3 stars development of 66 apartments

Close to the shops

Swimming pool

Fitness room

Breakfast room

Bike storeroom

 

The Development

The 3-star leaseback residence developed in the centre of Mimizan halfway between Bordeaux and Biarritz. This development consisting of 66 apartments is only 50 m from the beach along the French Atlantic Coast in the South of France. The Landes region is famous for its vast pine forests and long sandy beaches. Ideally located between the Bordeaux Airport (100km) and the Biarritz Airport (100km), Mimizan is a tourist city with over 10 km of fine beaches and plenty of water-sports including Jet Ski, wind surfing, horse riding, biking and golf.

 

Leaseback scheme with maximum guaranteed rental is 4.30 % net of VAT (no stay) over an initial lease period of 9 years, renewable. In a lower rental return package, one can stay up to 8 weeks a year, for free. VAT financing is organized by the developer and investors pay only amount up to net of VAT.

 

Leaseback Investment

Price to finance

Studio: €123,855

1-bedroom: From €223,380 to €216,476

1-bedroom + cabin: From €174,342 to €242,653