We have an old hotel set in large beautiful grounds in the heart of Provence. It is possible to purchase on the leaseback basis villas of two different sizes, which are yet to be built, in the same style as the hotel. There is a nice restaurant in the hotel available, as well as nice, traditional style common areas. The yearly rental return is 5% net. This beautiful complex also includes a swimming pool and a very large, attractive garden with pine and olive trees.
One bedroom apartment of 37m²
+ terrace or garden
Price: 103.000 + VAT
+ Furniture = 130.688.
Two bedroom apartmentof 49m²
+ terrace or garden
Price: 135.000 + VAT
+ Furniture = 161.460.
The VAT of 19.6% will be refunded 3-6 months after completion.
You can buy the villa
(one bedroom apartment
+ two bedrooms apartment)
How to get there:
St Cecile-les-Vignes is situated approximately 10 minutes north of Avignon, which has an international airport flying daily to and from the UK, and has a train station which is served by Euro Star from London and the fast TGV trains with frequent, daily departures to Paris.
The net guarantee rental income is 5 % paid quarterly and net of the following costs: * Condominium expenses * Management fees * Local tax * Electricity and eating expenses * Replacement of furniture if necessary, * Overall upkeep of the property
You can of course use the apartment as much as you want but your income will be adjusted accordingly. For one week you will have a 25% reduction of the going rate. This will be deducted from your rental income.
5% unlimited use, you pay the rental rates with 25% deduction.
4.5% TTC for 2 weeks use
(june and september)
4% TTC for 4 weeks use :
· 2 weeks for June and september.
· 2 weeks for april, may, november or december
REFERENCE:
Leasing company website
www.lvr-vacances.com
