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Full or Light Leaseback Provence Apartments D1227

Listed by Nicole Hammond

This listing has been viewed 1920 times
Bastide A and the Residence's Entrance
Bastide A and the Residence's Entrance
Bastide A and the Residence's Entrance

Bastide A
Bastide A

Bastides C & D
Bastides C & D

Bastide E
Bastide E

Site Plan
Site Plan

Location Map
Location Map

Lot Plan Example - 1-Bed
Lot Plan Example - 1-Bed

Lot Plan Example - 3-Bed
Lot Plan Example - 3-Bed

Address: Paradou
Town: Nr Arles
Location: Hamlet
Price in Euros: €160,000
Beds: 1 and 3
Baths: 1
Floors: 3
Year Built: Delivery Q2 2007
Department: 13 Bouches de Rhone
Regions: Provence
Seller: Agent Listing
Non Leaseback Investment: no
Leaseback/Investment: yes
Status: For Sale
Type: Apartment
Condition: Good
Full Description: Feb 07 - in total 15 one-bed and three-bed apartments left.

This is a three star residence formed of five buildings around an olive orchard and landscaped grounds - fountains, ponds and shady pedestrian walkways.

The olive orchard will, in fact, be dug up and re-planted in order to work harmoniously with the buildings layout.

The buildings will be of a modern style, but at the same time in keeping with the Provençal traditions.

The apartments are available as one-, two- or three-bedrooms (all with a terrace), but availability now at only either one- or three-bedrooms.

Each apartment will have its own private parking space, plus there will be visitors' parking at the entrance to the site.

There will be a swimming pool and relaxation area on site.

Heating will be by solar energy panels (except in the bathrooms). Insulated double glazing, traditional wooden shutters, two telephone points per apartment, tv ariel point plus satellite dish to receive foreign channels.

Double sink in kitchens, tiling all around, built-in drainer. Bath with shower over, mixer taps, towel-dryer.

Sizes: 3-beds - between 62m² and 76m², terraces 18m²
1-beds - between 35m² and 37m², terraces 7-8m²

Prices: 3-beds - 310,000 to 375,000 Euros inc VAT, parking and furniture and 262,000 to 326,000 Euros exc VAT, including parking and furniture*
1-beds - 161,000 to 170,000 Euros inc VAT, parking and furniture and 136,500 to 144,500 Euros exc VAT, including parking and furniture*

* the parking and furniture prices noted are all including the VAT as the VAT rebate only applies to the apartment itself. So these are true prices.

Initial lease term - 11 years.

Annual yield - 4.3% with no occupation, reducing (using a special formula) according to how many weeks you take and in which season.

Occupation possibilities - either up to 8 weeks per year or light leaseback up to 6 months per year.

All owners, regardless of the purchase package chose, will benefit from a 20% reduction off the public brochure prices for holidays either at this residence or at any residence managed by VACANTEL, RESITEL and SODEREV, and 10% off with LAGRANGE.

Delivery Q2 2007.

Additional fees: Notaires' fees - 2-3% of the price including VAT.
Annual taxe foncière - French property owners' tax (usually equal to a month's rental income)
Accounting fees - between 200 and 300E per year

Email me now for more information.

Location: Arles - 16km
Avignon - 35km (TGV and airport)
Nimes - 50km (TGV and Ryanair)
Marseille - 85km (TGV and Ryanair, British Airways)
Montpellier - 95km (TGV and Ryanair, British Airways)


Short Description: Provençal leaseback apartments ready to sign and delivered in second quarter 2007. Three each of the one- and three-bedroom apartments left. Annual yield 4.3% with no use, or a sliding scale of returns for up to 8 weeks use or up to 6 months use (light leaseback option).
Home Features
  • Double Glazing
  • Electric Wall Heaters
  • Fitted Kitchen
  • Terrace
  • Touristic Sites

Community Features
  • Communal Pool

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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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