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Property for sale information

 
Clos Hortensias  
Reference nr: MK821197
Description:

Clos Hortensias- Brittany

4**** Resort- 300 Metres to sandy Beach
Awarded best French beach resort 2007
2 weeks personal use

Near three large sandy beaches (13km long)
15 UNITS One Bed, Two Bed and Three Bed

This seaside resort will seduce you with its Belle Epoque charm: its genuine stone villas overlook the sea front, affording a panoramic view of the Seven Island Archipelago. Small ports, large fine sand beaches and unhindered views are some of the elements of this breathtaking scenery.
Follow the coastguards’ path and discover a coastline rich in natural wonders. The reward at the end of this most enjoyable walk: the splendid lighthouse at Men-Ru and, further on, the picturesque fishing port of Ploumanac’h. Take a break to contemplate these remarkable and imposing landscapes, where land and sea are dotted with pink granite rock formations, whose curves have been shaped by the relentless action of wind and waves over thousands of years.

The luxuriously appointed complex benefit from an indoor swimming-pool, sauna, massage-room, seminar room....

The key points
• Diving
• Horse-back riding
• Sailing
• Sea fishing
• Sea rowing
• Surfing
• High quality services
• Covered swimming-pool
• Massage-room
• Sauna
• Seminar room
• Located in Perros-Guirec
• 10 minutes Lannion airport

Prices From €172,040 to €271,209

Delivery Date : 31/03/2010
Lease : 9 years
Deposit (%) : 5% of total price

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 properties are usually located in a “Residence de Tourisme” (Tourist Residence) or “Residence avec Services” (Residence with Services) which cater for short term lets and provide a variety of services usually to include reception, breakfast (by prior arrangement), laundry and linen services, swimming pool, Jacuzzi, sauna, steam room.

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 fre

Bedrooms: Bathrooms: Price (€):
1 1 172,040
Features:
Beach
Private Swimming Pool
Spa
Submission Date:
04-10-2008
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

 
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Calculators

 
Property price: €172,040
 

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