SOLD OUT JUNE 07 Hotel Rooms in the South of France D20044
The Hotel
  • Ref: 20044
  • Type:
  • Price: €100,000
  • City: Nimes
  • Bedrooms:
  • Bathrooms:
  • Surface ms:

Pictures available:

The Hotel Local Area Location

Condition: Good
Full Description: Sold out June 2007.

This hotel residence lies 5 minutes from Nîmes International Airport, in an enchanting little setting by the village of Caissargues, in the middle of a wooded park. 'La Résidence de France' is situated cose to the regional universities, high schools and training colleges and in the heart of the Camargue tourist area.

Romany and Hispanic, Camarguaise and Cévenole, Langudocienne and Provençale, Nîmes is home to all these accents! The sun and wind of the South of France, plus a multitude of other tangible and non-tangible influences have created and moulded this diversely cultured region for over 2000 years.

The Residence
49 hotel rooms in a two-floor building.
Room sizes from 14m² 15.6m² with one at 19.2m²
Pool, landscaped gardens.
Services include: laundry room, breakfasts served, room cleaning, multi-lingual 24 hour welcome/reception desk, meeting rooms.
Outside secure parking area.
Bar and restaurant.

Offering a fantastic yield of 5.38% (net) with an initial lease term of 9 years, followed by rolling terms of three years.

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

Plus a guarantee to buy back your property at the original acquisition price during and after the term of the lease. Remember, these investment leasebacks are really there for the ongoing returns, rather than the capital gains afterwards, they should be looked at like an guaranteed unit trust fund. So to have this guarantee means that you can get in, make your returns and then sell it back later on at the same price. Couldn't be easier!

Average price for a room is 100,000E - this includes VAT, furniture, parking space AND your notaires' fees.

Approximately six months after completion, you'll get your VAT returned to you - this will be between 8,800E and 9,800E.

NB The 19m² room works out to approx 122,000E with a VAT rebate of 12,000E.

You can find mortgages now which either offer you a type of separate or bridging loan to cover the VAT sum, which is then paid off as soon as you are repaid the VAT, or you can promise to pay the VAT back into your main mortgage loan therefore reducing your monthly repayments on capital and your interest.

Delivery is for third quarter this year, so you could be getting your rental income money by early next year.

Email me now for latest stock details and a full price list breakdown.

French Description: A 5 minutes de Nîmes et de l'aéroport, dans un cadre enchanteur, au milieu d'un parc arboré, la résidence de France est située à proximité directe des universités, écoles supérieures et spécialisées et au cœur de la zone touristique de la Camargue.

Romaine et hispanique, camarguaise et cévenole, languedocienne et provençale, Nîmes est la ville de tous les accents ! Le soleil du Sud, les vents et influences diverses la façonnent depuis plus de 2000 ans.

49 chambres d'hôtel.
1 bâtiment en R+1
Surfaces habitables de 14 m² à 19.20 m²
Piscine, parc et espaces verts.
Résidence services : blanchissage, petits déjeuners, nettoyage des chambres, accueil des arrivants, centres de séminaires....
Parking privés extérieurs sécurisé, réception multilingues 24h/24h, bar, restaurant...
Rentabilité locative de 5.38 % nette, sans frais de gestion et d'entretien
Garantie de rachat au prix d'acquisition pendant et après la durée du bail.

Attention : récupération de la TVA de l'ordre de 11, 5%.

Short Description: Sold out June 2007. Investment hotel rooms in Nîmes, giving 5.38% returns! Niiiice! Plus a guarantee from the developers to buy back your unit for the same purchase price during or after the end of the lease. Basiclly, you're looking at a very solid investment with regard to ongoing returns. Click here to read more...

Listed by Jane Hughes


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Re. SOLD OUT JUNE 07 Hotel Rooms in the South of France D20044, Ref 20044




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Community Features
  • Communal Pool,
  • Public Transportation

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