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St Geniez

CHATEAU RICHARD
St Geniez d'Olt
Leaseback 9% 5%net
guaranteed rental income

This is an excellent investment opportunity in an historical building from 1677. The beautiful medieval castle of Chateau Ricard which has been classified by the French Ministry of Culture as historical monument is set in the fantastic landscape of Aveyron. This region has an incredible, cultural history, and there are numerous pre-historical sites to visit. The history can be tracked back more than 400 years. The castle has kept its original, neo-classical features, with high ceilings and large windows overlooking the old courtyard. The front of the chateau is overlooking a beautiful, ancient garden of 1000m² as well as the river Lot. On the ground floor the very beautiful, original living room and the kitchen have been conserved.

Twenty three apartments of different sizes have been created in this conversion. The large rooms have been kept in the traditional style, with very high ceilings. The apartments, ranging from one to three bedrooms, are situated on four different floors. They are all sold with a leaseback agreement of 9 years, giving a guaranteed rental return of 5% net per year.

1 bedroom (27 sqm) from 69 550 euros

2 bedrooms (44 sqm) from 108 8252 euros

3 bedrooms duplex (62 sqm) from 147 696 euros

All prices are net of VAT

It is a 45 minutes drive from Rodez airport, which has frequent, daily flights from Paris and London (RyanAir). Within an hour, you can reach Toulouse international airport which flies daily to the UK. Bordeaux is about 2 hours drive away.

REFERENCE:
Leasing company website

www.lvr-vacances.com

Backyard

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Building

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Building

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Reception

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Backyard

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Village

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