From 354,000 Euro Luxury Resort With 80% Mortgages

  • Price: 184460.00 £
  • Investment Type: Investment
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Reference: La Foret
  • SIPP: No

 We are pleased to have been appointed to market a new 5 Star health and spa resort on the edge of the small village of  St Augustin-Sur-Mer, Poitou-Charentes, Charente-Maritime.

This luxurious project is currently under construction and will be fully completed by the summer of 2015. The prestigious Royan Golf Course and long sandy beaches of the south west coast are nearby. The area is renowned for its oysters, wine and Cognac.

KEY INVESTOR HIGHLIGHTS:

·         80% mortgage (subject to status)

·         Assured net yield of 6% (9.23% gross) for 5 years

·         The above is by notaire administered HSBC account

·         19.6% VAT paid by developer

·         4 weeks personal use (more in exchange for lower yield)

·         Closing costs paid (worth 6%)

·         No running costs (if management agreement is signed

·         Flexibilityas to whether to live in, rent out or combination of both

Selection of freehold 1 to 4 bedroom houses and apartments available. Prices quoted below include optional parking space and furniture pack:

1 bed apartments from €194,460

2 bed apartments from €316,500

Semi-detached villas from €363,960

Detached Villas from €563,300

Facilities include:

·         Business area with wifi

·         Ample parking

·         Seminar/Meeting Room

·         Luxury SPA

·         Fitness Suite

·         Clubhouse

·         Heated Outdoor Swimming Pool

·         2 floodlit tennis courts

·         1 Petanque Pitch

·         Children’s  Play Area

Please complete the enquiry form to receive our detailed colour brochure, floor plans, Availability/Price List, etc.

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