Full Description: October 07 - 8 villas left here.

A beautifully conceived exclusive and intimate development of 86 4 star units consisting of one-bedroom (16 lots), two-bedroom (48 lots) and three-bedroom (22 lots) apartments and duplex villas.

To be managed by Residhotel, one of the biggest and most respected leaseback management companies in France. One big plus with Residhotel is that they are willing to give purchasers signed attestations that they will not charge you to opt out of the leaseback scheme once the first term of the lease has expired.

Site features: Swimming pool, 200m² of communal space (including reception, office, communal toilets, luggage storage, communal lounge), carefully and generously landscaped grounds comprising a plethora of Mediterranean plants, trees, flowers and shrubs, approx. 200 parking spaces set away from the properties.

Several apartments especially for disabled people are also included in the stock.

Yields from 3.24% to 4.7% depending on the occupation package that you opt for.

Prices
Only 2 and 3-beds left now.

2-bed (all 40.62m²) - Example price 187,069E inc VAT (approx 156,412E exc VAT)

3-bed (all 54.66m²) - Example price 256,526E inc VAT (approx 214,486E exc VAT)

The prices only differ by a few thousand Euros within each size of villa.

Most have a small area of garden, ranging from 15m² to 45m² (with just one of the 2-beds having 78m² of garden).

Please email me for an info pack including a full, up-to-date Price and Stock List, showing full pricing structure for each apartment plus yields for each level of occupation. Also available to purchase with no personal use to maximise your income.

Please note that these properties are to remain leaseback properties in perpetuity and owners will not be able to opt out of the lease at any point. However, note that if you would like to buy with the intention of spending more or all of your time here in a few years' time, the leaseback re-sales market is extremely strong in France, so you would simply sell the property on with the lease intact in order to buy elsewhere.

Delivery - end April 2008.

Initial lease term 11 years and three months.

Rental income paid quarterly in arrears on 15 January, April, July and October.

Three occupation formulas:
Formula A - Rent in kind consisting of the right to 3 weeks of use - one week high season, one week mid-season and one week low season

Formula B - Rent in kind consisting of 2 weeks of use - one in high season and one in low season.

Formula C - Rent in kind consisting of 3 weeks of use - one in high season and two in low season.

High season - 1 July to 31 August
Mid-season - 1 May to 30 June and 1 September to 30 September, plus the Easter holiday weeks
Low season - the rest of the year

Then, of course, there is the Invester Formula with no weeks of personal use.

Rent is revised every 3 years on the date of the anniversary of the lease, relative to the special French index that is always used to calculate rent revisions.

Please email me for the Price and Stock List (as mentioned above) which shows income for each formula against each unit.

I also have lot plans, the site plan, the location maps (which are a little difficult to read on this weblisting) etc which form part of the info pack.

This has been selling quickly because of its superb location, generous yields, user-friendly occupation packages and also the fact that it is a small, intimate development - so email me now for your info pack!


Location: Only 50 minutes from the Mediterranean coast - Port du Bouc, Sainte Maries de la Mer...
Short Description: Sold Out - Mediterranean luxury - 86 four star leaseback apartments and villas on a site with a pool and other facilities. Prices range from 157,000E exc VAT for a two-bed to 214,000E exc VAT for a three-bed. Three personal use packages or either 2 or 3 weeks. Yields between 3.24% and 4.7% depending on use package.



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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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