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Property type : Resale Leaseback Apartment
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Address
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Gallargues le Montueux |
Accommodation
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2 bedroom |
| Prices |
€91,800 |
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45.01 sqm |
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Deposit
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€2000 |
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delivered |
| Yield |
4.28% net |
Garden
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200 sqm |
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The development:
Les Jasses de Camargue is a stunning residential and holiday complex nestled between the Gard and the Herault, close to a typical Languedoc village. Made up of stylish, fully furnished villas, the residence also offers a range of services and activities, including an indoor pool, a spa with Jacuzzi, sauna and Turkish baths, a bar/restaurant and a conference room. There are also sports facilities on offer for those who’d like to enjoy tennis, beach volley, mini golf, ping pong and more besides. This villa offers a fully equipped kitchen, separate WC and bathroom with bath and shower, plasma screen TV, and two separate bedrooms.
The apartment:
A duplex apartment located on the ground floor with 200m2 of private garden. The property offers 45m2 of living space, comprising: a living room, a lounge, a kitchen, a bathroom and a WC. On the upper floor there are 2 bedrooms with built-in wardrobes. Private parking space.
The location:
Gallargues le Montueux, to the south of the Cevennes in the heart of the Alpilles yet only 20 minutes from Montpellier, Nimes and Arles, as well as medieval city of Aigues Mortes offers a relaxed way of life in a beautiful setting. In such a privileged location, the town offers a variety of amenities and services, with numerous shops, restaurants, cafes and bars as well as social and cultural facilities (a music school, a media library, photo, bridge, sewing clubs...) to suit all. As for the Camargue, it is one of France’s most atypical, mysterious and wildest areas, offering unparalleled natural beauty over 900 square kilometres. The territory is a vast stretch of wetlands, marshes and dunes, rich in fauna and flora, including pink flamingos, the famous Camargue horses and their horseback guardians (real life cowboys), semi-wild bulls and many hundreds of bird species.
Activities:
For the whole family the panel of leisure activities includes boat and fishing trips, walking and hiking, mini golf and golf, horse riding, archery, casinos, amusement parks, an aquarium and more.
Local food and gastronomy:
The camargue area is known for its particular red rice, salt and beef. Other produce include fresh fruit, vegetables and fish as well as olive oil, olives, lavender and of course red wine. Dishes include bouillabaisse, bourride (fish stews) and the tian (a Provencal gratin).
The management company:
The management company specialises in leaseback developments, hotel residences and holiday schemes throughout France
Investment Scheme:
Rental income paid quarterly- fixed income of 1704.04 € net a year.
There are 6 weeks of occupancy available- 4 weeks to be taken between 1st of October and 30th of April, and 2 weeks to be taken between 1st of May and 30th of September. Credit of occupancy thus equates to around 2350.60 €.
Yield: 1.86% cash + 2.42% occupancy = real yield of 4.28% Net
Financing:
We have our 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, we can get the right mortgage for you.
Access:
Gallargues le Montueux is 20 minutes from Aigues Mortes and Grau du Roi, 20 minutes from Montpellier, Nimes and Arles.
By train: Gallargues is on the Narbonne to Avignon regional line via Nimes.
By plane: 25 minutes away from Montpellier international airport with flights to the UK.
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.