Full Description: 'La Tour de Mare' - a gloriously conceived 4 star residence on the French Riviera, only 5km from the Mediterranean Sea. Excellent location in coastal town of Fréjus in the popular Var department, in the Provence-Alpes-Cote d'Azur region of southern France.

This is now released to sale, so email me for more details.

As is normal of a 4 star residence, facilities will be of a high quality, including a heated swimming pool, sauna and fitness centre! The residence will nestle inside an enclosed garden area with most (55 from the 60) apartments boasting a balcony or terrace.

Residents will be able to catch the bus right in front of the residence to be whisked off to the beach in under 15 minutes.

The residence is located approximately 20 mins from Saint Tropez and near Cannes in the La Tour de Mare district of Fréjus.

The residence will be serviced by one of France's most reputable management companies, Resid'hotel, securing rental income for the life of the commercial lease through high tenant occupancy.

Guaranteed Leaseback
4.1% yield plus all owners receive a 15% reduction on the public brochure price for holidays here (nb no 'built-in' free weeks of use).

Light Leaseback
You give 8 or 9 weeks to the management company and have as much use as you like outside of these weeks. You can change your formula each year.

Formula A (9 weeks) - 2 weeks at Easter, 1st and 2nd week of June, 2nd, 3rd and 4th week of July and the 1st and 2nd week of August. So you get some high season use yourself - the first week of July and the last two weeks of August, plus the rest of the year.

Formula B (8 weeks) - the 1st and 2nd weeks of June and 6 consecutive weeks from the 1st of July.

The guaranteed rental income will be between 2% and 2.8% for the period given, depending on the size and formula chosen.

Outside of the guaranteed period, you can give as many weeks as you like to Resid'hotel - and they will give you 60% of any rental revenue generated.

Apartment prices at 4,665E per square metre. Studios start at 92,000E through to 2-beds at 302,000E.

The development company is an established operation (12 years old), with 120 residences already delivered. Quite a track record! They operate in areas of high tourist demand and specialise in investment property. They are also in partnership with the top three management companies in France, adding to their formidable reputation.

Email me now for more details.

Short Description: Ooooh!! A leaseback on the French Riviera - how flash would THAT be? Different sized apartments available here from studios to 2-beds, 92,000E to 302,000E. This is a 4 star residence with quality pool, sauna and fitness suite. Also available as light leaseback, giving 8 or 9 weeks over for guaranteed income renting and having the rest of the time for your own use. Click here for more details.




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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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