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The new properties for sale
Excellent location for this new leaseback
development just 300m from a magnificent sandy
beach, in a protected coastal area. In total
the project offers 57 apartments with balcony
or terrace if on the ground floor and 25 houses
with a private garden and a terrace. The
properties will be fitted and furnished to a
high standard including dishwasher and garden
furniture. The complex will be fully enclosed
and gated and will benefit from a heated
swimming pool and extensive landscaped gardens.
Additional shared facilities will include a
reception area, breakfast room and a spa room
with Jacuzzi. The two small apartment blocks
will have lifts. The first lease will be for a
period of 9 years with a guaranteed income
ranging from 4.20% to 4.60%. This income is
index linked and revised every three years. The
holiday rental company appointed to run the
leaseback project is a well established letting
specialist. They undertake to maintain
and insure the properties throughout the lease
and hand them back in good order. The lease
also allows for personal occupancy at
discounted rates.
The area
A much sought after holiday area with a fine
climate and magnificent beaches. The
development will appeal for its convenient
location and ease of access, a ten
minutes’ walk to the town centre.
St-Gilles-Croix-de-Vie is a friendly
family-oriented resort and a quaint harbour
town which lives year round. It provides all
amenities, a good selection of restaurants and
a popular market. Inland the traditional Vendee
hinterland is peaceful and undisturbed and
there is an 18 hole
golf course within 10 minutes drive of the
project. The regional capital of La Roche sur Yon is 26 miles away.
French new build property – legal fees
and running costs
- Notaire’s
fees: 3% - 4% of purchase price approximately.
- Annual French rates and taxes (Taxe
Fonciere
and Taxe
d’Habitation
combined): allow between € 600* and €
1,200* depending on size of property, location
and amenities.
- Annual charges: € 300* to € 1,200*
depending on size of property and on site
facilities.
*Non contractual
figures based on estimates provided by
developer
The benefits of buying new in France
Only 5% securing deposit, low legal fees, low
maintenance, good letting and resale potential.
10 years structural warranty & 2 year
fixtures and fittings guarantee. No UK agency
fee.
Access:
Airports: Nantes
(1hr) & La Rochelle (2hrs). Motorway: A83
Exit La Roche/Yon.
N. B. This
information is not contractual. Specification
and delivery schedule for these new build
French properties are given in good faith from
details supplied by the developer. *Prices
subject to availability
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