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Property for sale information

 
Le Clos des Hortensias - Brittany  
Reference nr: JC267631
Description:

Le Clos des Hortensias is a fabulous holiday resort situated in the very heart of the Côtes-d’Armor department in Brittany.
The residence is close to all amenities and is surrounded by beautiful landscapes of the region. This luxurious apartment complex is made up of 82 units ranging from 1 bed to 3 bed apartments with terraces and parking. Tenants will benefit from an indoor swimming-pool, sauna, hammam, massage-room, and seminar room.

Type of property: 1 to 3 bedroom apartments ranging from 33,65 sqm to 58,36 sqm of indoor living space.

Lease duration: 9 years – Triannual Rental Review

Delivery date: First Quarter 2010

Rental yield: up to 4.62%


Easy access:

- by car: It is situated approximately 15 minutes form Lannion, 1h40 from the city of Brest, 2h15 from Rennes, 2h40 from Lorient. It is close to the RN 12.
- by train: Close to Plouaret and Lannion train stations with numerous trains coming from Paris.
- by plane: The Lannion airport offers 2 flights per day to Paris. Rennes is serviced by Aer Lingus twice weekly. Aer Arann has flights from Cork to Lorient and Brest and Kerry to Lorient.
- by boat: Irish Ferries sail to Roscoff and Cherburg from Rosslare, and Britanny Ferries go from Cork to Roscoff. Roscoff is about a 1h30 drive to Perros Guirrec

Area information:

The Brittany region is located in the northwest of France, between the Bay of Biscay and the English Channel.

A few key facts:
- Population: 4,300,500 inhabitants
- 1,200 kilometres of coastline
- Brittany is one of the six Celtic nations
- More than 12 million tourists visit Brittany each year
- 1st fish producer in France with 47% of the national production

Food and drink production is the largest regional industry and represents one third of Brittany's industrial employment. The automotive industry employs around 17,000 people. In the cosmetics area La Gacilly (in the Morbihan Department) is the head office for the Yves Rocher group.
Brittany is France's second largest location for the telecommunications industry and fifth for electronics. Large French and international companies (such as Alcatel, Thomson, Sagem, Canon, and Mitsubishi) are grouped alongside with dot.com companies in the Rennes-Atalante and Lannion-Anticipa technology parks. 12 centres for technological innovation, several technological parks, universities and graduate schools are also located in Brittany.

The tourism industry is the main economic activity in the Côtes d'Armor. Brittany is one of France’s favourite holiday destinations and it offers rocky coastline with scores of bays and little fishing villages. The enchanting countryside is dotted with giant granite boulders and wild forests in a gently rolling landscape.

Celtic history is founded in megaliths, calvaries, castles, manor houses, countless chapels and old villages. Perros Guirec is a popular seaside resort, and has lovely beaches and great opportunities for water and beach sports. It is also known for its incredible natural sculptures among the pink granite rocks.

Bedrooms: Bathrooms: Price (€):
1 1 174,710
2 1 223,812
3 1 320,412
Features:
Beach
Submission Date:
06-03-2008
Last Update:
06-03-2008
Advertiser Details:


Name:
John Crawley

Company:
Oui Can Do

Phone:
+353 1 2110780
Fax:
+353 1 2110781
Mobile:

 
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Calculators

 
Property price: €174,710
 

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