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Property for sale information

 
Residence Coeur Marine (Sète)  
Reference nr: SM779558
Description:

Buy-to-Let Scheme in the South/Riviera Region
Type of Apartments: Studio to 3 bedroom
Guaranteed rental yield: up to 4%
Prices from: €140000 - €240000
Delivery: Fourth Qtr 2007
The Résidence Coeur Marine is one of Sète’s most eagerly awaited developments. The property will consist of three 5-storey buildings with lifts to all floors and a videophone entry system to each building. With features such as reinforced insulation, video entry phones, private underground parking and a balcony or terrace, Coeur Marine will hold great appeal for many customers.

Within easy access to Montpellier airport (30 minutes by car), this new development of 63 studio to 3-bedroom apartments enjoys a prime waterfront location. Situated along the canal quays in Sète, many of the apartments in Coeur Marine will boast stunning views across the Mediterranean and owners will be able to sit and relax on their balcony or terrace, watching the international ships pass by!

The Résidence Coeur Marine will have landscaped shared gardens within an inner courtyard. Underground garages and parking spaces are included in the price. The apartments also offer stunning fitted bathrooms, including luxuries such as heated towel rails in the main bedroom. There are tiled floors, the convenience of a hot water immersion heater, electric heating and a videophone entry system for extra security.Between the Mediterranean and the Etang de Thau Lagoon, a maritime and fishing port, as well as a pleasure harbour, Sète celebrates its maritime tradition and the souls of the artists it has inspired.
Sète is bedded like a pearl between the Mediterranean Sea and the Thau Lagoon. Its oyster beds and a selection of unique shellfish are located where the Canal De Midi meets the Mediterranean. The town is separated from the Cap d'Agde by twelve kilometres of sandy beach. Over the years, Sète has managed to preserve all its authentic qualities. Its fishing port, situated in the heart of the city, adds to the traditional atmosphere.

Each day, the strange ballet of trawlers, escorted by seagulls and cruise ships, unfolds before your eyes. Traversed by numerous canals, Sète has been called "the little Venice of the Languedoc", complete with sun-drenched quays reflecting their colours on the water. It is a thriving town that succeeds in its double role as a seaside resort and a cosmopolitan city, with businesses open year-round. You can walk down the Saint Louis Pier and watch the fishing boats and yachts vie for space. Here you will see some of the fastest sailboats in the world, as it is here that the French train for the America's Cup. Indeed 4 crews currently training for the Americas cup are currently based in Sète - what further validation would those involved in the pleasure boat industry need to drop anchor and sample the delights of the area.Sète is lo

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 140,000
3 1 240,000
Features:
Beach
City
Golf
Submission Date:
05-31-2007
Advertiser Details:


Name:
Nuala Lyons

Company:
French Property Ireland

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

 
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Calculators

 
Property price: €140,000
 

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