Classified four stars, LE DOMAINE DU VAL DE SEINE is a prestigious business residence, entirely furnished.

On the outskirts of Paris, this development profits an extraordinary panorama on the Seine river at the heart of a green site. It offers all the premises necessary to business tourism and a range of relaxation services for quality stays.

Sainte Assise Beaulieu 77240 SEINE PORT is in close proximity to Evry business centre. The residence boasts an indoor pool, spa and tennis courts as well as ten meeting rooms.

One, two and three bedroom apartments are available in this lease back development.

The lease back scheme has yields from 5.42 to 5.5617 % and is scheduled to be completed by October 2008 with the lease date starting the same month.

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, but in general the less you use your property the higher your yield will be.


Developer : GENERIM
Management Company : CAP SENSORIA