This leaseback development: Les jardins d'Arvor in Benodet offers apartments from studio to 3 bedrooms.
Property type: Holiday apartments for Classic or Leaseback purchase |
| | | | |
Address | Benodet | Accomodation | studio to 3 bedrooms |
Yield | Up to 4.5% | Sizes | 25 to 63sqm |
Price: | €119K to €350K | Weeks | 8 for pack loisir |
| 5% to Notary | Delivery date | May 2011 |
| | | Sales office | Yes |
The Residence offer:
The elegant decor and top-of-the-range facilities of this luxury residence are complemented by a spacious spa-area, featuring a sauna, steam-room, whirlpool bath and heated indoor/outdoor swimming pool.
The management company:
The company exclusively managing this development was created in 1876 and has been operating in the tourism sector for the last 40 years. The current European leader for self-catering holidays, this company manages 75,000 beds in 175 leaseback residences across France. Their property catalogue is used by 8000 travel agencies, with over 3 million holiday brochures being distributed each year.
Leaseback owners can take their weeks of occupancy at any of the residences managed by the company. Those choosing to purchase an apartment in this development will be entitled to a 20% discount on stays at any of the 175 ski, seaside and countryside residences managed by the company and a 10% discount on stays at all other properties in their brochure.
Financing:
Sextant works closely with a French mortgage broker in order to find the most suitable mortgage for each client. Whether you want an interest-only mortgage, a traditional repayment mortgage or hybrid mortgage let Sextant find the mortgage that is right for you. Mortgages up to 104% LTV (subject to status).
The Investment:
There are 3 possibilities:
- Pack invest excellence: you have a 4.50% return (excluding tax) on your investment, based on the property price excluding tax (excluding garage and furniture). You will benefit from savings on taxes and occupancy charges on your property.
- Pack loisir serenissime: tailor-made returns on your investment, which could cover all your expenses (co-ownership charges, taxes, etc). You can enjoy your property for up to 8 weeks a year, at any time of the year.
- Pack loisir optimum: Your rental income varies according to the occupancy rate of your apartment, with no maximum limit. Depending on your requirements, you can occupy or rent your property for up to 6 months per year.
The Location:
Perfectly situated just 150m from the sea, this Prestige residence is surrounded by beautiful tree-filled grounds. Benodet is like a wide open window overlooking the ocean: situated at the mouth of the Odet river, the resort's sea-faring tradition dates back to long ago and has become a way of life, surrounded by both sea and countryside, Benodet's exceptional natural charms are just waiting to be discovered.
The access:
- By road: follow the N165/E60 towards Quimper. Take the D70, then the D44, followed by a right-turn onto the D783. Rejoin the D44 via Menez Groaz and Fouesnant, finally taking the D45 to Benodet.
- By rail: there are 7 trains a day from Quimper to Paris. Eurostar trains from London to Paris.
- By air: there are ragular flights to numerous destinations (Paris, Lyon, Strasbourg, Birmingham, Exeter, Southampton...) from airports at Quimper-Cornouaille (17km), Lorient-Lan Bihoue (70km) and Brest-Guipavas (90km).
- By sea: Brittaniy ferries runs regular services from Roscoff (150km) to England (Plymouth) and Ireland (Cork).