Port Camargue Marina: Leaseback appartments with swimming pool and 4.5% yield

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

• Bedrooms: 1

• Condition - Partially Restored

This development is located in Port Camargue Marina. This is the largest French Mediterranean marina, close to Montpellier.

Property type: Leaseback apartments.
Address: Le Grau du Roi Marina
Accommodation: Apartments
Prices: From €167,224
Size: From 49.2sqm
Deposit: 10% to Notary
Delivery date: Delivered in 2009
Yield: Up to 4.5%

The development:
The development is composed of six buildings around a very large swimming pool and a service building of 878m2 which proposed a restaurant, a fitness room, a mini kids’ club and conference room able to welcome 300 persons and multipurpose from 50 persons.

Delivered in December 2009, the residence comes with apartments and is open all year-round welcoming private and professional customers. All fully furnished and equipped, the apartments have a direct access to the swimming pool, a private garden or a large terrace and car park space.

The residence offers a heated swimming pool with deck, a “well being” area suggesting different relaxation activities such as massages, a Spa with a sauna and a fitness room.

The location:
Located near the Salonique Pond (sea salt production) and near a shopping centre, between the Espiguette Beach, the Flamingo casino and the amusement park, it is a dynamic place. Tourists can enjoy green spaces with Mediterranean spirits, Mediterranean typical restaurant and musical bars with theme parties.

Port Camargue is a marina situated next to Grau du Roi and offers sheltered entrance and many nautical services. Port Camargue is located 45 minutes drive from Montpellier.

Facilities for boating visitors:

The marina offers a 60ha basin, 100ha of dry land and 4,800 berths. There are 15,000 m2 of service areas, 3 lift: 5t, 16t, 80t, and electricity and surveillance provided. 175 shops or companies are based in the immediate area, as well as 65 nautically related shops and activities.

The Residence is located on the outskirt of the Camargue, a very large protected natural park that you can visit to discover wild horses, bulls and pink flamingos.

Local food and gastronomy:
The Camargue Cuisine identity comes from 3 sources: historical local products such as rice, sea salt, fishes, seashells, animal games and bulls); from the Provence Cuisine borrowing with Bouillabaisse, aioli, tapenade; and the adaptation of the traditional components with the modern culinary influence following the touristic demand. Carmague offers several specialties such as the bull herdsman, the cod bouillabaisse or the Carmargue anchovy paste.

Traditionally, the fougasse was reserved for Christmas. It is an Aigues-Mortes’ cake made with sweet ban, sugar, butter and orange flower. Nowadays, the fougasse is sold all year-round.

Investment Scheme:
Your property will be managed by a company specialized in Leasebacks.
Up to 4.5% rental income for the pure investment option
Rents are guaranteed by 9 year commercial lease
Rental income paid quarterly
19.6% VAT cash back

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

Access:
The residence is located in Port Camargue, by the Mediterranean seaside, it is accessible:
- By car: from the A9 motorway, take the exit 26 toward Aigues-Mortes and Le Grau du Roi.
- By air: 25 minutes from the Montpellier international airport.
- By train: 30 minutes from the Montpellier TGV train station.

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