Powered by:  

Want to sell your overseas property?
Want to advertise your holiday home to rent to 40 million possible renters.
Contact us on info@myoverseasproperty.ie


Property for sale information

 
Le Domaine Du Val De Seine, Paris  
Reference nr: MD337853
Description:

Classified as a 4 star development. The Domaine of Val de Seine is a business prestige residence fully furnished. It enjoys and ideal location at the gateway of Paris on a wooded site and offers spacious accomodation.

Location in a green area, facing the magnificent panorama of the Seine, this development provides all the necessary structures for tourism and business and also offers relaxation for quality stays.

The Development
- Car Park Area
- Large indoor heated swimming pool
- Spa and fitness centre
- Reception Area
- 300 seats restaurant and bar
- Laundrey
- 8 Tennis Courts
- Nautical Area
- Conference centre using the latet video and electronic equipment

The Accomdation
- Fully furnished with TV
- Telephone Socket
- Electric Heating
- Fully fitted kitchenette
- Fridge
- Vi troceramic hob
- Microwave
- China & Crockery supplied
- Fully fitted Bathroom with shower and bath & Fan radiators
- Cupboards and Shelves
- Sofa
- Double Glazing
- Separate WC

The Investment
- High Rental Demand
- Yield paid quarterly in areas
- 19.6% Vat Cash back
- Indexlinked income every 3 years based on the construction index mx 2% P/A
- Self occupancy scheme
- Tax efficient investment vechicle
- Amortization on 30 year basis available for tax purpose
- Mortgage interest deductible from income return

Access
By Plane - Direct Flights - Paris Orly only 30km
By Car - Paris Melun 12km/Fountainebleau 22km/Evry 20km

Leaseback property has been around for two decades in France and was introduced by the French government to increase the quantity of quality holiday accommodation available in areas capable of attracting more tourists.

The leaseback scheme enables you to purchase freehold a property which you then earn a guaranteed rental income from. When leaseback schemes are sold, there is a pre-selected property management company to whom you "leaseback" your property for a period which usually ranges between 9 and 12 years.

During the period you leaseback your property to the property management company, you have the peace of mind of owning property and benefiting from a guaranteed income, yet none of the hassle related to letting out and maintaining the property! This is one of the reasons why the leaseback scheme is so popular and that there is not enough supply to meet demand.

Depending on the development you can usually use your property for a certain number of weeks per year for holidays although this differs from development to development. Some developments will offer owners discounted use (usually ranging between 10 –25%) instead of free weeks whereas others (usually those located in cities offering a higher yield) may not offer any use either free of charge or at a discount.

The guaranteed rental income tends to range between 2.5% and 6% per annum depending on the property, whether you will be taking your holidays in it and where it is located. Different property management firms offer different rental incomes.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 98,000
Features:
City
Submission Date:
11-01-2007
Last Update:
06-23-2008
Advertiser Details:


Name:
Michael Keaney

Company:
Property Match

Phone:
+353 (0)91 700 222
Fax:
+353 (0)91 766 294
Mobile:
+353 (086)2529106

 
Property Photo Gallery

 

property photo
 
Calculators

 
Property price: €98,000
 

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