Sunday, 20 April 2014

French leasebacks still the most popular with Irish overseas property investors…..

When investing in a property overseas one is strongly advised to stick to the safer, more established markets.  Well established markets with a good rental market and a strong legal framework are criteria that should be strongly adhered to.  With this in mind it is no surprise to learn that France still remains one of the most popular and safest of destinations.  Property Paths is delighted to offer a leaseback development in perhaps the most sought after coastal town in France, Cap d’Agde. 

Primavera Residence in Cap d’Agde is ideally located only 200 meters from the sandy beach “Plage Richelieu” accessible by a pathway.  It is only 5 mins from the marina and the Golf course. This beautiful 2 star residence is an 80 apartments complex on 3 floors with lift, Each apartment (some with sea view) has its own terrace or balcony with garden furniture for relaxing, a delightful swimming pool and a private car-park.   All apartments will come fully furnished and with a parking space.

This refurbished development is due to be leased this Dec 2007 and will be managed by Odalys, the second largest management company in France. Prices range from € 68,642 to € 119,339 excl.VAT  and all investors will be entitled to approx 15% vat refund.   Investors can go for the pure leaseback option with a yield of 4.5% and no personal use or and a yield of 4% with 3 weeks personal use

Located in the 4th tourist destination with its wonderful sandy beach stretching over some 14 km this seaside resort is easily accessible from numerous Irish airports incl Shannon every year. With its exceptionally mild climate and 267 sunny days per year it’s no surprise that developments such as this sell out in a number of days. 

For further details please contact Anita on 087 633 6284

Email: info@propertypaths.com: Web: www.propertypaths.com