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*Do you want to Invest about €3,300 Euros of your own money in an investment but have a property worth nearly €600,000? Then read on…
Residence Port Camargue - A Luxury development on the Med Coast
This is without doubt the best investment deal to be released in France in the last 10 years. It has everything: fantastic location, a great investment deal and 100% financing and to top it all off it is already finished!
The Development
Residence Port Camargue, on the Mediterranean coast, is a luxury residence just 10 mins walk from the sandy beach and 5 mins walk from the port and all the shops and amenities of this highly sought after holiday hotspot. Onsite facilities include a heated outdoor pool, multi-purpose sports area (tennis, volley ball & boules), a wellbeing centre (massage room, gym, hammam & sauna), a restaurant, a bar and 3 multipurpose, multi-media rooms which can be used for meetings, seminars and conferences. The residence was finished in July 2009 and attracts both business and leisure tourism thanks to being situated in one of the most popular tourist spots in France.
The Properties
There are 1 and 2 bedroom duplex apartments available, each with a large private terrace and/or garden and a parking place, surrounded by landscaped Mediterranean gardens and vegetation. The architecture is stylish and modern and each apartment comes with a fully fitted & equipped kitchen, spacious shower room, a furniture pack (which includes a flat-screen TV & convertible sofa-bed), electric convectors for heating and built-in wardrobes.
The Deal
- 100% finance (subject to status)
- 5% cash-back
- 5% NET rental guarantee for 9 years
- VAT paid by developer (19.6%)
- All notaire fees paid by developer (so no closing costs)
- 2% deposit required for reservation (refunded by notaire on completion if 100% finance taken)
- Discounts off personal use
- 1 & 2 bed apartments available from 185k Euros to 267k Euros HT
- Selling at 5,300 Euros/m2 compared to 6,000 Euros/m2 average for a renovated apartment
The location
The development is situated at the heart of one of Europe's biggest leisure marinas, "Port Camargue", and is just a few steps from the marina itself, the sandy beaches and the shops, restaurants, bars, cafes, the Casino and traditional markets. It is one of the premier leisure ports in Europe with 2 sailing schools and no less than 4,800 berths whilst also holding a "Pavillion Bleu", given only to environmentally friendly ports and being the first port to take part in the "clean port" programme. There are 18km of white sandy beaches here and with the water being so clean makes this an ideal spot for tourists. Port Camargue is surrounded by a 900km2 nature park called the "Camargue" which is one of the most beautiful unspoilt nature reserves in Europe with pink flamingos, wild Camargue horses, bulls and hundreds of bird species. Activities here include horse-riding (on the beach and in the nature reserve), bike riding (you can hire bikes), sailing, jet-skiing, kayaking, diving, kite surfing, fishing, beach volley-ball, quad-biking, visiting the seaquarium, playing at the casino, wine tasting and of course swimming. The charming medieval town of Aigues Mortes is just a few km away and the surrounding seaside villages and nearby Roman towns of Arles, Nimes & Avignon are great places to visit as is the Provence countryside. In short this area will never leave you bored and has something for everyone.
Access
Montpellier airport is just a 20 min drive away, Nimes airport 35 mins and Marseille airport just 1h30 mins away. Montpellier also has a TGV train station and Le Grau du Roi (commune of Port Camargue) has its own SNCF train station.
Investment Summary
*For a 1 bed apartment the total outlay over 15 years (mortgage top up) assuming 100% finance is 16k Euros (for a 25 year capital repayment mortgage) and in the years 16 to 25 you will actually earn 12,700 Euros in rent over and above the mortgage payments so after 25 years you will have only about 3,300 Euros of your own money in the investment but will have a property worth nearly 600k Euros (assuming 5% capital growth per annum). It is quite simply the investment opportunity of the decade and with limited availability is expected to sell out very quickly.
If you are interested please do not hesitate to contact us for further information or with any questions you may have. |
