|
Leaseback apartments available at St Endreol
June 22, 2010
Erna Low Property is delighted to announce the anticipated release of 25 apartments for sale at Les Domaines de St Endreol, Golf and Spa Resort in the South of France. The award-winning development was established in 1992 and is made up of nine phases spread over a secure, 350 acre resort. This latest release of 25 two bedroom apartments makes up the spectacular sixth phase of the resort and presents the first opportunity to acquire a leaseback property on the resort.
Only 45 minutes from Nice International airport, Les Domaines de St Endreol is located in the heart of the Provence in the South of France, an area well renown as one of the most beautiful locations in the world where properties values continue to increase due to a soundly established market of international and local investors. With France as the world's number one tourist destination, attracting over 60 million tourists each year, the French property market continues to steadily grow and is set to soar again over the summer months.
' With French leaseback properties generating 2.2billion euros worth of turnover per annum, it is mature developments like St Endreol which continue to attract local and international interest' says Joanna Yellowlees-Bound, CEO of Erna Low Property, 'Five apartments have been have already been reserved within days of launch and with such an attractive ownership package attached, St Endreol presents a rare opportunity of great hassle-free investment for the international market as well as the French.'
Les Domaines de St Endreol Resort and Spa is made up of a combination of villas and apartments available on the French government's leaseback purchase scheme allowing investors to waiver the 19.6% VAT on the sale price and benefitting from a guaranteed rental return of up to 3.6% with a variety of usage options available. The scenic Mediterranean coast is only 30 minutes drive away, giving convenient access to the renown coastal towns such St Tropez, Cannes and Monte Carlo. On site facilities include a first class spa, conference centre, tennis courts, swimming pools, restaurants and boutiques as well as the award winning 18 hole golf course, par 72. Prices start from only 287,100euros and peak at 355,500 euros for a fully furnished two bedroom apartment. 100% mortgages are available from leading French banks offering fixed interest rates for up to 25 years, subject to conditions.
Sales Enquiries: www.ernalowproperty.co.uk +44(0)20 7590 1624
|
