Outright Purchase or French Leaseback in Argeles sur Mer - 1062011
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Reference : 1062011

Price in EURO : from €97,000 to €200,000 excl.VAT
Price in British Pounds : From £83,246 To £171,642

Personal Occupancy : Yes
Location : Languedoc-Roussillon, France
Delivery Date : Phase I: 2nd Quarter 2012 / Phase II: 4th Quarter
Guaranteed Income : From 3.80% to 4%
Lease Length : 9 years
Property Type : From 1-bedroom to 3-bedroom apartments/ From 2-bedroom to 3-bedroom villas
Facilities : swimming pool, beauty centre with Spa, sauna and Jacuzzi, padding pool, french bowling pitch, child

                   POSSIBILITY TO BUY OUTRIGHT!                                   

 

The Development

This new leaseback  and residential development in Argeles sur Mer will consist of 5 low-rise one-storey buildings offering from 1 bedroom to 3 bedroom apartments. The first floor apartments will have good-sized terraces, while the ground floor apartments will have terraces and gardens.

 

The development will also include a residential section, with semi-detached 2- and 3-bedrooms villas offering up to 6 months occupancy per annum.

 

The buildings will be arranged around pedestrian alleyways, with the swimming pool at its centre. Cars will be parked at the entrance of the Domaine. SPA centre with Jacuzzi, sauna and fitness centre, large outdoor swimming pool with children’s paddling pool, sports ground (boules, volley ball etc.). Internet access and cable TV. Electronically secured domain..

 

Total price details excl.VAT (incl. Furniture)

Apartments:

1 bedroom (sleeps 4): 28 m² + terrace: €97,000

2 bedrooms (sleeps 6): 40 m² + terrace: €131,000

3 bedrooms (sleeps 6): 49 m² + terrace and garden: €164,000

Yield: 4% with up to 90 days personal occupancy per annum for €50 a week (except July and August 10% discount offered).

Villas:

2 bedrooms (sleeps 6): 40 m² + terrace and garden: €142,000

3 bedrooms (sleeps 8): 70 m² + terrace and garden: €200,000

Yield: 1.8/% with up to 6 months personal occupancy per annum