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Residence du Haut Val, Belleme

New-development, Off Plan Investments, Leaseback investment

Apartment

Perigueux, Dordogne, France

Price:

Bedrooms:

Bathrooms:

Unit size:

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Description

LEASEBACK INVESTMENT. Bellême is without doubt the most elegant and best protected of the historical capitals in lower Normandy. The new residence Village du Haut Val will be comprised of 50 apartments and detached houses, each with their own individual charm and architecture typical of the region. The
residence will blend harmoniously into the local environment and the hotel complex already existant on the Golf de Bellême Saint Martin (a
renovation of original 16th century buildings).

Location

Perigueux

Investor View

It is clear that France is still a highly beneficial market in which to invest. Investors are cashing in on new niche markets that have recently sprung up at very affordable prices as these offer high returns on investment on both resale and rental option

Investment return projection

An excellent leaseback opportunity with an annual net return of 4.5% over 11 years

Property features / Development facilities

Outdoor Pools
Tennis court

Payment terms / Estimated completion

-On signing the deeds 5%
-Clearing, levelling 5%
-Laying of foundations 15%
-Completions of foundations 10%
-Walls 30%
-Roofing 5%
-Completion of the walls 13.62%
-Delivery 16.38%
Estimated completion: 1st quarter 2008
Bank guarantee / construction guarantee: Yes
Building license: Yes

Total units & property prices

Number of Units: 50

0 bedroom Studio: 73,435€ - 73,435€
1 bedroom Apartment: 119,717€ - 169,864€
2 bedroom Apartment: 151,589€ - 177,724€
3 bedroom Apartment: 209,088€ - 279,994€
4 bedroom Apartment: 504,436€ - 504,436€

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22nd November 2008