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Property for sale information

 
Domaine Du Bois Des Harcholins, LEASEBACK PROPERTY, Moselle, Lorraine  
Reference nr: LO199127
Description:

LEASEBACK PROPERTIES WITH EUROPEAN HOLIDAY RESIDENCE LEADER:
- 93% annual occupancy rate
- European market leader in Leaseback properties with 40 years experience
- Abundance of facilities & activities
- No annual tourist occupancy variance- Constant 29 degree temperature within the "Dome" so suitable for short-breaks and holidays all year round.
- Located within 2 hours drive of 5 million people, within 3 hours from 17 million people.
-Eco-friendly resort, in partnership with WWF and having the highest eco certificate.

QUALITY LIVING:
- Top quality cottages in stunning setting - some with saunas and private jacuzzi, quality furnishing including LCD flat screen TVs.
-Incredible range of activities for all the family: Tennis, squash, fitness-centre, children’s farm, beach volley ball, fencing, in-line skating, pitch and put golf, spa, sauna, massage room, health and beauty centre, whirl pool, wave pool, lagoon pool, scuba diving,water-skiing, arts and crafts, children’s farm, restaurants, cafes and much more.

-GUARANTEED NET RENTAL RETURNS with no hidden costs or management hassles
- 8% Government subsidy off sale price
- 19.6% up-front VAT rebate
- Low stamp duty and notary fees (3-4%)
- Quarterly rental yield payments of up to 4.5% based on purchase price.***

-FLEXIBLE FINANCE:
-Finance available up to 100% of the purchase price including fees (90% for interest only)
-Mortgage payments can be deferred during construction until rent is received. Interest only during construction also possible.
-Possible to have tax free income in France for 20-25 years.

UK/NORTHERN IRELAND INVESTORS
-Qualifies for Self Invested Personal Pension(SIPP)
-40% tax rebate on SIPP contributions
-No Capital Gains tax or Income tax in the UK
-Pure investment – No usage permissable to qualify

THE DEVELOPMENT:
Located in Moselle, in the Lorraine Region in North East France and at the gateway to 3 European countries: Belgium, Luxemburg, and Germany, the “Bois des Harcholins” is open to Europe and accessible by TGV from Paris in 2 hours and 10 minutes from June 2007.

At the heart of a 650-hectare forest, Domaine du Bois des
Harcholins is a vehicle-free village. The project plans to create approximately 3 hectares of lakes, with one priority: Respect for nature.

Moselle has 300 km of walking trails which are ideal for discovering the generous nature of the varied landscapes and the numerous sites of cultural interest: the European Archaeology Park and many fortified churches and castles.

The “Domaine du Bois des Harcholins” will include 870 cottages of
contemporary wooden architecture, with 2, 3 and 4-bedroom
cottages.


3 models of house are proposed: Premier, Comfort, and VIP.
“COMFORT” COTTAGES:
Functional and convivial
- 2- and 3-bed houses
- lounge with fireplace
- open plan kitchen
Prices start at 200,542 (after VAT rebate and government subsidy)

“PREMIER” COTTAGES :
- Warm and spacious
- 3 and 4 bed houses
- lounge with fireplace
- open plan kitchen,
- jacuzzi bath
Prices start at 286,744 (after VAT rebat

Bedrooms: Bathrooms: Price (€):
2 1 200,542
Features:
City
Furnished
Spa
Submission Date:
09-25-2007
Last Update:
09-25-2007
Advertiser Details:


Name:
Locations - Overseas Department

Company:
Locations

Phone:
+353 (0) 1 6771188
Fax:
+353 (0) 1 677 11 98
Mobile:

 
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Calculators

 
Property price: €200,542
 

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