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Property for sale information

 
Residence La Tour De Mare  
Reference nr: NL551823
Description:

Leaseback Scheme in the South/Riviera Region
Type of Apartments: Studio to 2 Bedroom
Guaranteed rental yield: up to 4.30% without occupancy
Prices from: €92000 - €302000
Lease: 11 years years
Payment of rent: Every calendar quarter arrear
Delivery: Second Qtr 2008
Prices excluding VAT
French Property Ireland are proud to announce the pre-launch availability of this fantastic Mediterranean coast development.

The Residence de la Tour de Mare will be a 4 star holiday residence offering a range facilities including heated swimming pool, sauna and fitness centre. The residence contains 60 apartments, from studios to 2-bedrooms, 55 of which have a balcony or patio. The building is situated within an enclosed garden area. A bus stop directly in front of the residence services the beach 15 minutes away. The development is located about 20 minutes from Saint-Tropez. It is also near Cannes in the La Tour de Mare district of Frejus in the Var provence.

The prosperous Var department on the Cote D’Azur has an unsurpassable Mediterranean climate. The popular seaside resorts of Fréjus and St-Raphael, halfway between St. Tropez and Cannes, are well known in France for their stretching sandy beaches and ancient ruins. Fréjus enjoys a thriving economy, supported by its popularity as a tourist destination.

The prosperous Var department on the Cote D’Azur has an unsurpassable Mediterranean climate. The popular seaside resorts of Fréjus and St-Raphael, halfway between St. Tropez and Cannes, are well known in France for their stretching sandy beaches and ancient ruins. Fréjus enjoys a thriving economy, supported by its popularity as a tourist destination.

Fréjus, was founded by Julius Ceasar in 49 B.C and used as Roman military port. The largest Gallic amphitheatre can be found here, along with a Roman theatre and the Porte Dorée baths from the 3rd century. The city has a tradition of military patronage and even today hosts to French Navy, which often anchors in the port.

The mediaeval market square, Place Formigé, located in the centre of Fréjus, still holds a market here every Friday morning. Excellent restaurants are available in abundance and the shopping is superb. Guided tours are conducted around the older parts of the town and to historic sites and museums.
Tennis courts, golf courses, and roller skate parks are all close at hand. If you prefer more aquatic recreation, regattas, cruising, sailing rallies and boat shows feature throughout the year.
Golf Country Club de Cannes-Mougins
175, avenue du golf
06250 Mougins
Tel.: 0033 - 4 93 75 79 13
Fax 0033 - 4 93 75 27 60
Email: golf-cannes-mougins@wanadoo
ResidHotel manages 50 developments throughout France.
Plane:
From Dublin to Nice with Aerlingus and Ryanair
From Cork to Nice with Aerlingus
Train:
The TGV goes from Paris to Frejus, where you can take a coach or taxi to the residence.
Neighbouring towns:
Nice 66 km
St Tropez 36 km
Cannes 37 km
Roquebrune sur Argens 11 km
St Raphael 3 km

Bedrooms: Bathrooms: Price (€):
0 (studio)
Features:
Beach
Submission Date:
11-23-2007
Advertiser Details:


Name:
Nuala Lyons

Company:
French Property Ireland

Phone:
1850 882 800
Fax:
+353 91 585 890
Mobile:
087 1234953

 
 
Calculators

 
Property price: €
 

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