Address: Mouries
Town: Les Baux de Provence
Location: Town
Price in Euros: €135,000
Beds: 1, 2 and 3
Baths: 1 & 2
Year Built: Delivery end April 2008
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Department: 13 Bouches de Rhone
Regions: Provence
Seller: Agent Listing
Non Leaseback Investment: no
Leaseback/Investment: yes
Living Area m²: 32
Plot Size m²: 86 units
Status: For Sale
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Type: Apartment
Condition: Good
Full Description: Mar 07 - 16 properties left.
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
1-bed (all 32.16m²) - Example price 135,091E inc VAT and inc furniture pack (approx 114,000E exc VAT and inc furniture)
2-bed (all 40.62m²) - Example price 178,974E inc VAT and inc furniture pack (approx 150,700E exc VAT and inc furniture)
3-bed (all 54.66m²) - Example price 251,949E inc VAT and inc furniture pack (approx 212,000E exc VAT and inc furniture)
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.
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 will sell 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: Mar 07 - 16 properties left. Mediterranean luxury - 86 four star leaseback apartments and villas on a site with a pool and other facilities. Prices range from 114,000E exc VAT for a one-bed to 212,000E 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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Home Features - Double Glazing
- Electric Wall Heaters
- Fitted Kitchen
- Terrace
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Community Features
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Agent Info
Listed by: Nicole Hammond | Contact Agent
Phone: +33 (0)4 67 26 90 42 | Mobile: +33 (0)6 32 07 84 13 |
Info: English Bilingual Property Hunter
Please try my landline first as my mobile reception is poor through these thick stone walls.
I live in a small village in the south of France (in the Hérault, Languedoc Roussillon), between Béziers and Pézenas for those of you who know the region.
SIRET NO: 00011
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