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Property for sale information

 
Residence Primavera  
Reference nr: SC705463
Description:

THE LOCATION
In France, it is considered the 4th most popular tourist destination with 220 km of coast line where protected spaces surround a clever mix of historic fishing villages and welcoming seaside resorts. From Camargue protected reserve to the Pyrenees, the sunniest region in France has much to offer. This large area of the land slopes gently towards the Mediterranean, offering a delightful setting filled with greenery. Maritime pine, mimosa, oak, palm trees... a varied, typically Mediterranean mix of luxuriant plant life and pretty villages. This rich cultural heritage is also reflected in the Mediterranean cooking: thousands of tempting aromas invade local markets and restaurants. Cap d'Adge opens onto the Mediterranean sea from beautiful sandy beaches with turquoise water, to nature reserves where you will meet thousands of migrating bird including the beautiful pink flamingos. Sunshine and mild climate invite the residents to the pleasure of games and strolling on the numerous beaches, quaint shopping streets in the old town, the Promenade and its cafes.

THE RESDIENCE
Build in local regional seaside style, the Primavera Residence is ideally located 220 meters from the Richelieu beach and its aquatic centre and 5 minutes from the Marina or the Golf Course. It comprises of two 3 storey buildings with lifts in a fenced, protected area and features a large outdoor swimming pool, where residents get to sunbathe and spend pleasant relaxing time on sun beds. This beautiful 2 star 80 apartment complex is a 3 floor building with lift, hall with trilingual reception, 8 x 12 meter swimming-pool with sun terrace. Each accommodation (some with sea view) has its own terrace or balcony with garden furniture for relaxing and a private car-parking space. From studios to three-roomed units, the apartments will be redecorated to provide even more comfort for their occupants. All the apartments feature large windows to provide plenty of daylight to the living area, direct phone lines in every apartment and a terrace with outdoor patio furniture to enjoy every minute of the Mediterranean sunshine.

PROPERTY DETAILS
5 minutes from Cap d’Agde city centre, 200 meters from the beach
Total Units: 80.
Residence services: hall with trilingual reception, TV sat lounge, small bar, telephone in each apartment, laundrette, swimming pool with deckchairs and parasols, barbecue, small “pétanque” area, billiards – furnished and equipped accommodations with their own terrace or balcony and private fenced car park
Management Company: Odalys
Rental Income: 4,5 % or 4 % with 3 weeks’ personal use
Payment type: quarterly
Lease Term: 11years

ACCESS
By plane: Direct flights to Montpellier from numerous European cities - Montpellier airport: 67 km – Beziers Airport: 29 km
By train: High speed train station in Agde: connections from several European cities
By car: Motorway A9, exit "Agde" and then 15 km by national road RN 312. Montpellier (65 km) - Nîmes (115 km) - Avignon (156 km) - Marseille (230 km)

COMPLETION DATE
Completed


Deposit of 5% required to reserve a property

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 68,642
1 1 87,204
2 119,339
Features:
Beach
City
Furnished
Golf
Private Swimming Pool
Submission Date:
10-24-2007
Advertiser Details:


Name:
Shane Cunningham

Company:
Pruntys Overseas property

Phone:
00353 1 498 3733
Fax:

Mobile:

 
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Calculators

 
Property price: €68,642
 

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