Biscarrosse- 1 bed apartment in a seafront residence with pool, up to 4% yield

• Sextant French Property
• http://www.sextantproperties.com
• Tel: 020 7428 4910 info@sextantproperties.com

• Bedrooms: 1

• Condition - Restored / Habitable

Set in an exceptional location right on the sea front, the residence Les Balcons de l’Ocean offers 1 to 3 bedroom apartments with balconies or terraces and garages, and comes with a swimming pool, hot tub and sauna, in the prestigious resort of Biscarrosse.


Property type: Leaseback Seaside Apartments
Address: Biscarosse
Accommodation: 1 to 3 bedrooms
Prices: € 188K to 248K
Size: 43.45 sqm to 59.16 sqm
Deposit: 5% to notary
Sales office: Yes
Delivery date: April 2012
Balcony: 4.75 sqm to 5.32 sqm
Yield: up to 4%


The development
The residence Les Balcons de l’Ocean benefits from an incredible location, right on the sea front in Biscarosse. Just behind the landscaped dune which overlooks the ocean, the building fits in harmoniously with the environment, literally a few metres from a vast fine sandy beach. Les Balcons de l’Ocean also provides a heated outdoor swimming pool with hot tub and a sauna. The residence offers 71 apartments from studio to 3 bedrooms equipped with all modern comforts- stylish decor, entirely equipped kitchens and bathrooms, balconies or terraces with patio furniture, as well as a garage.

The location
Nestled at the heart of the largest forest in Europe, the residence is in privileged surroundings. Biscarrosse is renowned for its immense sandy beaches and its turquoise lakes which recall exotic lagoons- a prestigious seaside resort, preserved between dunes and pines. Biscarrosse is in fact divided into 3 poles, encompassing the town, the beach and the lake. Altogether there are 3 markets a week (more during the summer months), numerous shops, bars and restaurants making for a lively place. The town has much to offer culturally with a variety of exhibitions, concerts, shows, museums (including the hydroplane museum as Biscarrosse used to be the workshop and testing site) and more. Bordered by the Atlantic, the Landes department is a place of contemplation for all nature lovers. From the Gironde estuary to the Basque country, the Cote d’Argent extends its assets proudly along the seashore- between the forests and the highest dunes in Europe, life is all about a gentle joix de vivre.

Activities
Set 200 metres from Biscarrosse-Plage, the ocean is a vast playground for a variety of water sports- swimming, surfing, sailing, diving, beach volley, sand yachting and parasailing. On the beautiful lakes one can practise water-skiing, sailing, canoe-kayaking... there’s something for everyone! For those who prefer to stay on dry land, the surrounding pine forests offer hiking, horse riding, golf, cycling, orienteering and archery.

Local food and specialities
Les Landes boasts a rich gastronomic heritage with local produce including free range poultry (all certified Label Rouge for their excellent quality, from chicken to capon and guinea fowl), game (wild boar, deer...), fish (sea bass, carp, trout, turbot), and fresh fruit and vegetables- kiwi, mushrooms, asparagus, carrots as well as various wines (Tursan, Chalosse) and liqueurs, notably Armagnac. Dishes include all kinds of foie gras and confits, coq au vin, roasted poultry with rich sauces, and for dessert pastis gascon- prunes marinated in Armagnac.

The management company
The company exclusively managing this development was created in 1976 and has been operating in the tourism sector for the last 40 years. The current European leader for self-catering holidays, this company manages 75,000 beds in 178 leaseback residences across France. Their property catalogue is used by 8000 travel agencies, with over 3 million holiday brochures being distributed each year.

Investment options
The rent is guaranteed over a period of 9 years and the buyer will get the VAT back.
There are 2 options for this development.

- Pack Invest Exellence: Investment only, with a yield of 4%
- Pack Loisir Serenissime: You may use the apartment for up to 8 weeks of the year, during whichever seasons you like.


Financing:
We have our own French mortgage brokerage service in order to find the most suitable mortgage for you. Whether you want an interest-only mortgage, a traditional repayment mortgage or hybrid mortgage, we can get the right mortgage for you.

Access
Biscarrosse is 29 km from Arcachon, 65 km from Bordeaux, 144 km from Bayonne.

By car: A63 motorway then A660 exit Mios-Biscarrosse, then follow signs for Biscarrosse.
By train: Ychoux (20 min), Facture (35 min), Arcachon (25 min) and Bordeaux (1 hour) are the nearest stations. Buses connect Biscarrosse with Facture and Arcachon.
By train: Bordeaux-Merignac International Airport is 50 min away, with many flights to the UK and the rest of the world.

Please Note: French-Property.com do not have any further details about this property. To find out more information or to request a viewing please contact the Agent directly using the form below.