Residence L'Oliveraie leaseback near Montpellier VAT rebate + 4.7% Your investment property in Languedoc from 62,000€
Price: EUR € 62,000
Description:
Residence l’Oliveraie in Lattes Montpellier
Situated between Montpellier and the beaches, this leaseback development offers studios and 1 bed apartments between 21 and 37m2 for investors to respond to the high rental demand of Montpellier.
Whatever the target whether it is businessmen, students or tourists, the leaseback investment in or close to major cities offers excellent investment prospects.
Prices range from 62,000 and 115,000€
Lease for 10 years with 4.7% guaranteed yield and 19.6% VAT cash rebate
Grand Bleu is the rental management company
Delivery: 3rd quarter 2008
Some of the features:
Fully secured development with code-access
Sauna, hot tub and gym
Thermostat –contoled electric heating in each room
Fully fitted wardrobes
Lifts to all floors
Location:
Situated 10’ from motorway access between Montpellier and the beaches. Line 3 of tramway only a few minutes walk from development.
Montpellier:
Soak up 1,000 years of history as you wander the honeycombed lanes of the walled "l'Ecusson" (Old Town) sprinkled with sandstone turrets, vaulted ceilings and shady courtyards.
Tantalise your taste buds with garlicky Languedoc bouillabaisse in a hidey-hole bistro, then sip a glass or two of crisp Châteauneuf du Pape from a sun-drenched terrace. As the region is France's biggest wine producer, it would be churlish not to!
Trace Montpellier's history, from its Roman roots to Renaissance grandeur. Start at the tree-fringed Place de la Comédie overlooked by an 18th-century theatre, then spot the smooth arches of Cathédrale Saint Pierre and Impressionist works at Musée Fabre.
Despite its relaxed southern vibe, Montpellier never sleeps. Buzzing with students, this cosmopolitan city does not tire after dark. Alive with street entertainers, the Place de la Comédie is the place to enjoy balmy French evenings. Catch an open-air concert, salsa in stylish bars, or watch the world go by al-fresco-style.
Feel the magnetism of the Med? A ten-minute drive away, the Côte d'Azur beckons with white-sand beaches and inky-blue waters. Popping corks are music to wine lovers' ears in the surrounding hilltop vineyards, and the rugged Pyrenees to the west are a holiday Mecca for walkers.
Mas des cigales leaseback in south of France near Montpellier from 136,000€
Price: EUR € 136,000
Description:
A select "three star" holiday development comprising 54 charming one and two bedroom villas with swimming pool on the edge of the pleasant medieval town of Castries, 10 minutes from Montpellier due for delivery in March 2008.(only 10 minutes from the golf club)
Set within a pleasant 2 hectare leafy domaine on the entrance of the village and pine forest "Le Mas des Cigales" offers a tranquil setting in which to enjoy the relaxed mediteranean life style and superb climate of the Languedoc. As well as an area of natural beauty ,the countryside is rich in historical monuments with Roman aquaducs, medieval castles and other architectural gems. The development is within easy access of the university towns of Nimes and Montpellier and the mediterranean coast. Between many of the features are a superb outdoor swimming pool, video entry phone and secutity, plenty of trees, hotel services, etc.
"Le Mas des Cigales" development offers two purchase options. A mix of 28 leaseback apartments and houses, with a full refund of VAT which provide guaranteed rental incomes of 4.3% secured through a rental contract with Grand Bleu one of the principal French holiday management companies.
For more flexible personal usage an alternative package is offered on a further 26 properties. Owners can benefit from guaranteed rental incomes purely through Summer lettings whilst having up to 6 months free personal usage during the rest of the year. An ideal opportunity for owners not tied to holidaying in the peak months or for those who wish to spend part of the year in their place in the sun to avoid the colder Northern European winter ! Obviously if you do not use your property for 6 months of the year you can let it through the rental company.
The one and two bedroom properties range in size from 46m to 53m2 with net purchase prices from €135,800 to €162,200 without Vat under the leaseback agreement.
A development such as this offering such flexibility is highly sought after in this area and local French demand will be extremely high. This development goes to open market Tuesday 28th March 2007.