Condition: Good
Full Description: JAN 08 - One 3-bed villa left (already built). It is 80m², comes with a garage, garden and outdoor parking space and the price is 194,296E.

This is a private community of one-bed apartments and individual 3 bedroom villas in a landscaped, secure garden estate with communal pool.

These (non-leaseback) properties can be bought either as a normal property purchase, ie vacant possession upon delivery, or they can be bought and then rented out with the associated rental management company - Gestrim - with guaranteed returns.

If bought in this second way, the rental period is set to nine years minimum, but you can sell before then if you sell on the remaining rental period.

Of course, you can also continue to rent the property out indefinitely (in rolling periods of three years) after the nine years have passed.

NB The house wil be delivered unfurnished and rented out to a third party unfurnished, on a long-term let. Therefore, unlike leaseback, you will have no usage rights to this property while tenants are living there.

Gestrim offers many different guarantees for the owner (required by law in France), such as for non-payment of rent, empty premises, damage, legal aid, etc.

Gestrim will deal with everything, offering peace of mind to you so you can walk away until you wish to either use or sell you property later. Their role includes: determining the conditions of the rental, signing all the paperwork with the tenants, verifying the condition of the premises, signing insurance contracts, looking after the employment of staff to maintain and clean the property and garden. Also accounting work: charging and collecting the rent, deposit money, insurance, giving notice, paying any overheads, bills etc for the co-ownership society, taxes, rates, etc.

So how about this for a good idea, you can buy now, rent for nine years, and then either use the property yourself as a holiday home or live in it permanently. Yes - that's right - there are no restrictions on the number of days per year you can spend in the properties on this development. So what a fantastic idea for an investment now in preparation for a new life/early retirement/realisation of the capital growth in a few years' time

Both phases are now delivered so as soon as your finance is in place, the completion papers can be signed and the property is yours!

Annual returns are up to 4.49%, equalling 690E per month gross for thes remaining 3-bed villas.

These properties, being located in Carcassonne, are not only in the Languedoc, a safe bet for capital appreciation, but also in an area which is growing thanks to its easy accessibility by road, air (Ryanair flies to Carcassonne airport from Stansted or Perpignan aiport from Dublin or Stansted) and soon high-speed rail - Carcassonne will soon be on the French TGV route making Paris and other major cities just a short journey away.

Ask me for more details and lot plan originals that include room dimensions.

The 3-bed villas have a wc on each floor and a garage, plus a terrace and garden.

All properties have a bath in the bathroom, with shower over.

Short Description: JAN 08 - One 3-bed villa left (already built). Size c.80m², comes with a garage, garden and outdoor parking space and the price is 194,296E.

New properties for use as a second home, permanent home or investment property with rental management company offering up to 4.49% guaranteed returns if you do decide to rent out full time (NOT leaseback). In Carcassone, near the Canal du Midi. Set in a landscaped, secure garden estate with pool and other facilities.


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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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