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Leaseback Apts on Prestigious Golf & Spa Resort
REF: 506
Location: Provence Cote d'Azur
Price: €321,000
No. of bedrooms: 1
No. of bathrooms: 2
Additional
KitchenDescription: Prices from 321,000 Euros,
Reserve by end October 2008 and receive a €3000 cashback.
Secure South of France investment in reputable golf and spa resort - immediate purchase and return plus €3000 cashback!
Last year, we marketed a superb small leaseback development on a prestigious golf and spa resort, it rapidly sold out so some of our purchasers did not even get a chance to think about it. We are pleased to annouce that we have 5 units available due to the failed finance from one purchaser. So here's your chance to purchase one of these units AND secure a €3000 cashback - if you reserve before 31/10/08.
This investment is right up in our category of "safe investments" for the following reasons:
Residence is up and running so no completion delay, no worries about developer not being able to finish up the project, etc
You can see what you buy
Great location - on a prestigious golf and spa resort
Only 30 minutes from the sea
Only 25 units in the Residence
Prices from €321 000 (furniture included)
Income is guaranteed by a commercial lease and backed by a bank guarantee - first to be done in France
Mortgage up to 85% of total amount inclusive of VAT available (subject to status)
When the VAT is refunded - you have the option of either paying off part of your mortgage or keeping the cash
Reduced notary fees (2.5%)
Only 30 minutes from the sea between Provence & Cote d Azur, on a splendid 150 hectare site, discover this stunnning golf and spa resort...a first-class resort set among vineyards and woods within a nature conservation area. This upmarket resort integrates perfectly into its surroundings, in the purest Provencal style, while offering the last word in modern comfort with an 18-hole golf course and swimming pool, a new 2000 sqm spa, tennis courts, restaurant, cafe and a club house.
The residence comprises 25 apartments with balconies/terraces, it is beside the golf course, which passes through stunning scenery with splendid views over the River Endre and offers an exciting waterside challenge at the 13th hole, earning it the title of one of the18 most beautiful golf courses in France. Apartments have 1 bedroom (ensuite bathroom) opening onto a logia, living room opening onto logia, kitchenette and additional bathroom. Furnishing is of a very high standard.
This residence has been up and running since June 08 and is managed by one of France's top management companies, allowing for a hassle-free investment. Investors earn a guaranteed rental return of 3.5% net (no usage) or 3% net (3 weeks usage per year in a 1 bedroom apartment or 6 weeks per year in a studio apartment). This is not only backed by a legally binding commercial lease but protected by a bank guarantee as well, providing the added security that investors are looking for nowadays. VAT will be refunded in full to the investor approximately 3 months after signature of the acte de vente.
The development is located 75 kms from Nice Airport, 55 kms from Cannes and 40 kms from Saint Tropez (30 minutes drive max to reach the beach). Avignon, Monaco and the ski resort of Isola 2000 are all within a 2 hours drive. The Var region has 16 golf courses, as well as an excellent road and rail connections - the new TGV link will get you to Paris within 4 hours.
Reserve one of the 5 units on offer by the end of October 2008 and you will be offered a €3,000 cashback 30 days after you sign your acte de vente(sale of deed). 5% will secure you an apartment, please let us know if you require plans or have any questions. Price list on application.
For further details or to arrange a viewing: call +44(0)1635 248 706