Olonne sur Mer - Studio in 3-star hotel residence with pools, Spa and 4.5% yield

Price:  

€101,846

£*

$*

 
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Studio bedrooms

Living space: 29.2 sqm

Swimming pool: Yes

 

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The 3-star hotel residence Les Grands Rochers offers studio to 3 bedroom apartments in villas with landscaped gardens and comes with 2 swimming pools (indoor and outdoor), a fitness, sauna and Spa.

Property type : Leaseback Studios and apartments 
       
Address
Olonne sur Mer
Accommodation
Studio to 3 bedroom
Prices €101K to €159K
Sizes
29 to 51sqm
Deposit
5% to Notary
Delivery date

2Q2012

Yield
Up to 4.5% Sales office Yes
   
 

 

The Development:
Close to the ocean and the vast sandy beaches, the 3-star residence Les Grands Rochers offers studio to 3 bedroom apartments in villas with landscaped gardens and comes with 2 swimming pools (indoor and outdoor), a fitness, sauna and Spa. The design of the development is inspired by local and traditional architecture including, roman slates, wooden shutters and light facades. Each accommodation is carefully decorated and has a fitted and equipped kitchen and a fitted bathroom. All of them are opened on terraces and landscaped gardens.

The Location:
Located less than 10 minutes from the lively town of Les Sables d’Olonne, at the heart of an ideal preserved natural area, Olonne sur Mer offers 40km of cycling track between ocean, dunes, forests and marshes. The commune of the Cote de Lumiere (Coast of Light) in the Loir Valley (north western France), benefits from beautiful diverse landscapes, one of the largest pine forest on the Atlantic coast, 2 exceptional wild beaches ideal to practice windsurfing and swim, and rocks for fishing amateurs. The Vendee department has an Atlantic temperate climate, ideal for all water sports. It is the France second tourist department welcoming more than 5 million tourists each year. Between rocky escarpments and beaches of fine sand which stretch out before the eye, there is 250 kms of coastline to discover. The department counts 4 distinct areas: le Bocage, la Plaine, les Marais et le Littoral and 2 distant wild heavens, l’Ile d’Yeu, and Noirmoutier. Vendee protects almost a hundred sensitive natural sites, over more than 5000 acres. Whether marshland, ponds or rivers, woods or forests, seaside resorts or parks, all these remarkable sites come together to form the ecological heritage of Vendee, and are open freely to the public. Offshore are the unspoilt island d’Yeu with its traditional features and the island de Noirmoutier with its astonishing causeway, the Gois, are enchanting in their welcome and their wealth of floral splendour. From the Breton marshes, carved from the land by the actions of the sea and of Man, to the Poitevin Marshes, known as the Green Venice, the qualities of the Vendee natural landscapes remain intangible.

Activities:
The sensitive natural spaces have been enhanced and developed in favour of sporting activities such as canoeing, rambling, horse-riding, hiking, mountain biking. Horse riding trecks are available across the Bocage country and the marshes and walks or ride through the Mervent-Vouvant forest. Nature lovers can discover the rich flora and fauna such as the Cite des Oiseaux at Landes-Genusson, at the St Denis-du-Payre nature reserve or at the Ile d’Olonne observatory. There are not less than 5 golf courses in Vendee and 2 Spas in Saint Jean de Monts and Les Sables d’Olonne. As a coastal department also, diverse water sports are available including surfing, sand-yachting, sub-aqua diving, funboarding...

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 management company:
Benefitting from more than 15 years of experience, the company exclusively managing this development is a specialist in tourist, hotel, student residences and travel agencies. Its ambitious aim is to raise the quality of its products and services by launching a prestigious range of developments.

The investment scheme:
Your property will be managed by a well known business management specialist.
Rent guaranteed by 11 year commercial lease (renewable).
The buyer will get 19.6% VAT refund
Rental income paid quarterly
There are 2 types of investment:
- Financial investment: 4.5% yield without occupation
- Leisure investment: 4% yield with 3 weeks occupancy

Access:
Olonne sur Mer is located in the Vendee department of the Loir Valley region. It is located 5 minutes from Les Sables d’Olonne, 20minutes from Saint Gilles Croix de Vie, 25 minutes from La Roche sur Yon, 70 minutes from Nantes.

By car:   From the A9 motorway A83 towards Bordeaux and A87 towards Les Sable d’Olonne, then D80 towards Olonne sur Mer.

By train:   There are daily connection between Paris and Les Sables d’Olonne

By air:  The nearest international airport is Nantes airport with flights from 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.