SOLD OUT MARCH 07 - Investment Property Les Landes D1173
French Investment Property
The development with pool, in a green park within easy reach of shops and beaches.
  • Ref: 1173
  • Type: Apartment
  • Price: €180,000
  • City: Capbreton
  • Bedrooms:
  • Bathrooms:
  • Surface ms:

Pictures available:

French Investment Property French development Capbreton The Beach

Condition: Good
Full Description: SOLD OUT MAR 07 - This magnificent development lies on the Atlantic coast south of Bordeaux and a little bit North of Toulouse. This is not a leaseback and hence no recovery of VAT, but on the other hand you can occupy the apartment yourself or leave it in the capable hands of the rental management company who will pay you an annual rent return of as much as 4.5%. Full details of returns, rent guarantees possible capital growth, at bottom of this page.
Within easy distance of the beaches, all shops, golf courses, train stations and airports, these represent a good solid and attractive investment/retirement home.
This high quality development sits in a large green and treed park with a private swimming pool at its centre.
The apartments all boast generous spaces, large windows, balconies and sunny terraces which together optimise the interior light. The whole residence is heated, cooled and protected from the entry of pollution by the revolutionary Aldes Temperation method (see here for details)

Among the 26 lots, there is a variety of styles and sizes to suit a wide range of tenants and owners. (9 have already been optioned)

One bedroom apartments start at 180,000 euros, with mezzanine from 220,000 Euros.
Two bedroom start at 258,000 euros. Three bedrooms atart at 349,000 euros.

Works have begun, so completion papers can be signed before the end of the year with delivery in the second half of next year (2008).

Payment schedule is as follows:-
15% on signature of Acte (completion)
20% when the foundations are laid
20% when the 1st floor floor is in position.
15% when the roof is added
20% when it's all plastered
5% when works are finished
5% when the keys are handed over

Reservation is made with a 5% cheque or international money transfer to the Notaire dealing with this development.

There is a rental management company in place so properties can be rented out on a 'de robien' principle, which means letting out for a minimum of nine years. Remember these properties are not leaseback - they can be your permanent residence from day one, or an investment with a simple out. Our mortgage man can find you French interest only mortgages going up to 80% of the price. These mortgages are interest only for the first period and then repayment for the second - i.e. 10 years interest only followed by 15 years repayment. This would put you in a positive cashflow position from day one.

Contact us for full details.

Short Description: SOLD OUT MARCH 07 - But ask us for similar properties as we have access to a huge range of buy-to-let properties - far more than we could ever upload, as these are very popular and the turnover is extremely fast.

Listed by Jane Hughes


Contact Us

Re. SOLD OUT MARCH 07 - Investment Property Les Landes D1173, Ref 1173




Please copy the letters above into the box below

print this offer
French property:
Join our newsletter:
Contact information:
Telephone: Fr 0467 24 53 59
Fax: FR 0826421562