Condition: Good
Full Description: SOLD OUT APRIL 07. 'Le Petit Paradis' is a residence of high quality leaseback apartments located in Amboise, in the heart of the Loire Valley.

A three star residence of apartments grouped into small buildings around a man-made lake, and next to a forest.

Built to a modern architectural style inspired by the traditional habitat of the region, the residence offers levels of accommodation perfect for long or medium term stays.

The 2-bed duplexes have a 19.6m² terrace on the ground floor and a 4.96m² balcony on the first floor. They have a WC on the ground floor and bathroom and separate WC on the first floor.

The initial lease term is 12 years.
The management company is MVLR SA.

There are three purchase plans:

1. No personal use and a 5% annual return

2. Three weeks personal use and a 4% annual return

2. Six weeks personal use and an immediate one-off payment of the rental income equal to 13.6% of the property's value.

This purchase method is becoming more and more popular and its advantages are that a) the initial purchase price is less, although the unit value remains the same, therefore facilitating a demand for a 100% mortgage, and b) an easy, clean purchase with less French paperwork to deal with as the management company will be dealing directly with the developers over the term of the lease.

Prices
1-Bed Apartment - 119,000 to 130,000E.
2-Bed Duplex - 244,000 to 277,000E.
2 x 1-Bed Apartments - 236,000 and 254,000E.
4 x 1-Bed Apartments - 525,000E.

On-site facilities include a 250-seat restaurant, conference centre, plus sports/fitness centre, water therapy, steam rooms.

Delivery end of second quarter 2006.
Start of lease - 15 November 2006.

Email me for lot plans, up-to-date Stock List and full prices for each purchase method.


Location: Amboise lies 27km from Tours, which is served by Ryanair (www.ryanair.com).

Amboise (pop 12,000) is one of the cities of the Val de Loire region with the most ancient history because of its particular geographic location. The large island (Ile d'Or, formerly called Ile St-Jean because of the Chapel St-Jean on the island) separates the Loire into two branches in front of the city. This made crossing the Loire River easier here than in other places.

This link tells you more about the town of Amboise and the surrounding region (in English): www.amboise-valdeloire.com/anglais/

Nearby lies the largest freshwater aquarium in Europe, plus numerous chateaux to visit, wine-tasting, the Beaumarchais Reserve with a plethora of wild animals to see. Plus lots, lots more. A touristic paradise!

French Description: Situé au coeur du Val de Loire, site historique inscrit au patrimoine mondial de l'humanité pour ces châteaux tant renommés, cette résidence de tourisme 3 Etoiles propose des appartements regroupés en cottages autour d'un plan d'eau, en lisié¨re de forêt.

Avec une architecture moderne inspiré de l'habitat traditionnel de la région, elle offre des prestations de standing parfaitement étudiées pour les séjours de longue et moyenne durée....

Short Description: SOLD OUT APRIL 07. In the heart of the Loire Valley, quality three star leaseback apartments in grand buildings of various sizes, set in beautifully considered landscaped grounds around a lake and next to a forest. 5% return for no personal occupation, 4% return for 3 weeks occupation or 6 weeks use and an immediate one-off rental payment equal to 13.6% of the property price.



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Listed by: Nicole Hammond
Phone: +33 (0)4 67 26 90 42
Mobile: +33 (0)6 32 07 84 13
Info: English Bilingual Property Hunter

I live in a small village in the south of France (in the Herault, Languedoc Roussillon), between Beziers and Pezenas for those of you who know the region.

SIRET NO: 453 211 153 00011

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