The Cote Green tourist residence is set in 445 acres, close to the golf de Fontcaude and offers furnished studios to 2 bedroom apartments with gardens or terraces, aerial parking spaces and heated swimming pool.
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Property type : Leaseback Studios and Apartments
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Address
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Juvignac |
Accommodation
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Studio to 2 bedroom |
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€84K to €235K |
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22 to 64sqm |
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Deposit
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5% to Notary |
Delivery date
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3Q2012
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Yield
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Up to 4% |
Sales office |
Yes |
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The Development:
Located west of Montpellier, Cote Green tourist residence is set in 445 acres of green surroundings, on the edge of the 18-hole international golf de Fontcaude. This development is destined to tourists and offers fully furnished studios to 2 bedroom apartments with gardens or terraces, aerial parking spaces and heated swimming pool. The residence has been designed to combine comfort and security: electric shutters, lift, videophones linked to the guard apartment, equipped kitchens, bathroom and wc, motorised electric entrance gate, sauna and Jacuzzi. Moreover the building respects the ‘Low Consumption Building’ standard thanks to its solar equipment and gas central heating.
The residence comes with a senior residence. It is the ideal development for families who wish to reunite during summer and share their passion for golf!
The Location:
Juvignac, a commune of the Languedoc Roussillon region, is 10 minutes away from Montpellier. Located just a stone's throw from the Mediterranean sea, Montpellier is a vibrant, dynamic city of broad, tree-lined boulevards well-known for its beautiful and varied architecture, fabulous shops and boutiques, gourmet restaurants and fabulous night life. Ideally situated for exploration of the diverse landscape of Languedoc-Roussillon, with its lush valleys, coastal plains and Mediterranean scrubland, Montpellier has all the amenities you have come to expect (banks, supermarkets, doctors, local schools etc) as well as 300 days of sunshine every year. Home to one of the oldest universities in the world, with faculties of law and medicine present here as early as the 12th century, Montpellier is also a city steeped in history and has many historical sites, galleries and museums, not least the 14th century cathedral of Saint Peter and the Musee Fabre with its collection of nearly 800 paintings by old masters from Flanders, France and Italy (bequeathed to the city in 1825 by local artist and collector François-Xavier Fabre).
Activities:
Activities available locally include: golfing, swimming, petanque, climbing, gymnastics, football, baseball, archery, rugby, tennis, table tennis, horse riding, basketball, hockey, athletics, handball, skittles, water sports, triathlon, walking and cycling.
Food – local specialities:
Seafood, garlic and local produce (including wine, cheese, garlic, fruit, honey and olive oil) feature heavily in the mediterranean-influenced cuisine of Languedoc-Roussillon. Traditional dishes include brandade de morue (purée of salt cod, olive oil and milk), encornets farcis (cuttlefish stuffed with sausagemeat and herbs) and bourride (monkfish stew with vegetables, wine and aïoli - a garlic mayonnaise), not forgetting cassoulet, the regional speciality (a rich, slow-cooked casserole of pork, duck, goose and beans).
The management company:
The company exclusively managing this development is listed on the Paris stock market and manages 30 other sites in France (leaseback properties and holidays parks).
Financing:
Sextant has its own French mortgage brokerage service 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, Sextant can get the right mortgage for you.
The investment scheme:
Your property will be managed by a well known business management specialist.
Rents are guaranteed by 9 year commercial lease (renewable).
The buyer will get 19.6% VAT cash back
Rental income paid quarterly
You can choose between 2 types of Investment:
- Leaseback Purchase: from €84,500 to €235,500 with yield up to 4%
- Light Leaseback: up to 6 months occupancy + potential bonus related performance
Access:
Juvignac is 10 minutes from Montpellier, 30 minutes from Sete, 45 minutes from Beziers and Nimes.
By car: From the A9 motorway “La Languedocienne”, take the exit 30 towards Montpellier sud
By train: There are many TGV trains direct or via Avignon from Paris to Montpellier. Montpellier Saint Roach train station is only 10 minutes drive from Juvignac.
By air: Montpellier Méditerranée international airport, 13 km has daily flights to London, serviced by low-cost airlines Easyjet and Ryanair
Prices do not include the legal notaire fees.
* Prices in GBP and US dollars are subject to currency fluctuations, the exact price is in Euros.