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Property for sale information

 
France/ Le Pouliguen/ from €170K  
Reference nr: NE135550
Description:

The investment:
• Leaseback for 9 years with Pierre & Vacances
• Guaranteed rental return up to 3.50% per year index linked (3.85% per year pre indexed)
• Opportunity for personal holiday usage
• VAT rebate
• No maintenance fees or management cost
• No insurance or furniture cost
• 5% deposit

Apartments:
Studios 27.90/28.50 sqm from €157K
1 bed apartment 27.00/39.00 sqm from €170K

Location:

Le Pouliguen is located in the beautiful Guerande Peninsula. The Peninsula has 90 km of wild coast featuring diverse sites and views which can be explored walking, by bike, or by car: the salt pans, the ramparts of the Medieval city, La Grande Briere natural regional park. Across the harbour lies La Baule, a resort well known for its 9km bay dedicated to leisure and relaxation.

Nau is a pleasant, fine sandy beach with a family atmosphere – 10km of seaside fun: sailing school, beach games and children’s clubs. 3 km of cycle tracks allow visitors to explore the unspoilt coast at low tide, with its many typical bays, caves, coves, rocks, creeks.

Old Pouliguen has a very characteristic style: Fishermen’s and salt workers’ houses, sumptuous villas with walled gardens and shopping streets. The harbour promenade is the most frequented and lively place in Le Pouliguen in the evening, with a summery, funfair atmosphere round the small dock and children’ roundabouts.
Le Pouliguen hosts many of cultural and sports events: sailing festival, book exhibition, organic food exhibition, Harley Davidson get together, Breton Festival, Ultimate Frisbee tournament.

Residence:

The former clubhouse of the Guerande golf club, Le Domaine de Cramphore is located at the heart of a 2-hectare estate with flowered gardens and hundred year old pine trees. Old bourgeois houses in regional style from the turn of the century lend a stately air to this building of character with stone facades and slate roofs.

The apartments and communal areas will be fully renovated and the façade of the 3 floor semi circular residence will be refurbished also.
53 apartments are for sale over 65 apartments in the development.
All apartments have a wide terrace or loggia with pleasant views either sea views or views across the salts pans.

Completion date: Third quarter 2008

Facilities:

- a fitness centre with gym, Jacuzzi and sauna
- a heated swimming pool and paddling pool
- 2 half courts tennis
- underground parking
- 400m from the beach
- 3km from city centre – 1km from supermarket

How to get there?

Easily accessible:
By train:
3h from Paris by TGV
By air:
International airport in Nantes (1hour driving – 85km) with Ryanair

Bedrooms: Bathrooms: Price (€):
1 1 17,038,910
0 (studio) 1 15,686,875
Features:
Beach
Private Swimming Pool
Submission Date:
09-07-2007
Last Update:
02-18-2008
Advertiser Details:


Name:
Niamh Erbek

Company:
Pierre Vacances

Phone:
+353 (1) 483 0846
Fax:
+353 (1) 483 0847
Mobile:
0872439555

 
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Calculators

 
Property price: €15,686,875
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations