Font-Romeu - Leaseback Apartments with 5% Yield

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

• Bedrooms: 1

• Condition - Restored / Habitable

Located at the entrance of the ski resort of Font Romeu, a few minutes away from the slopes, the residence Panoramic Campus offers 1 bedroom fully furnished and equipped apartments with terraces and parking spaces.


Property type Leaseback Chalet Apartments
Address Font-Romeu Accommodation 1 bed
Prices €128,809 Sizes 38.5 sqm
Deposit 5% to Notary Terrace Yes
Yield 4.20%





The Development:
Located at the entrance of the ski resort of Font Romeu, a few minutes away from the slopes, the residence Panoramic Campus offers 1 and 2-bedroom fully furnished and equipped apartments with terraces and parking spaces. The residence features many services and facilities:Next door to the Wildlife Park and Telecabines Des Airelles, this is an departure point for skiing. The building responds to the label BBC (Batiment Basse Consommation=Low Consumption Building) which guarantees the respect of energy-efficient standards, in helping saving energy.

The Location:
Situated at an altitude of 1775m between the Catalan Pyrenees Regional Nature Park and the Vallry d'Eyne Natural Resort, Font-Romeu ski resort looks out the countryside of the Capcir Plateau. The wildlife park, where Pyrenean wildlife lives in semi captivity, provides a world of enchantment for parents and children. Olympic site created at altitude to prepare French athletes for the Summer Olympics of 1968 in Mexico, Font-Romeu hosts CNEA (Centre National altitude training) which will prepare the greatest athletes of all disciplines and nationalities. Font-Romeu, voted "most athletic city" in 2009, also hosts about 500 students from STAPS University (University of Perpignan). Font-Romeu is, moreover, a city known for the management of respiratory diseases, the chronic allergies and atopic eczema. Font-Romeu is the first European ski resort where snowboarding developed. There is a snow park for snowboarders, miles of alpine ski runs, and snowy forest trails.


The management company:
The development will be managed by a local management company.

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.
The investment scheme:
Your property will be managed by a well known business management specialist.
Rents are guaranteed by 9 year commercial lease (renewable).
The buyer will get 19.6% VAT cash back
Rental income paid quarterly: 5% guaranteed yield. Optional 1 or 2 weeks of personal occupancy.

Activities:
Apart from skiing, alpine skiing, showboarding, there is a choice of hiking, snowshoeing, dog sledding, ice driving, snow kiting or paragliding. There are also sites to visit including the fortified city of Mont Louis, classified as a UNESCO heritage site, natural sulphur springs, open air spas of Saint Thomas les Bains, Dorres, and Lio, the Odeillo Solar Furnace, or jump in the Yellow Train to discover the extraordinary panoramic views.

Food and Local Specialities:
The Mediterranean, the Pyrenees, the Roussillon plain and foothills are a cornucopia spilling the flavors of ripe fruit and vegetables, and those of their wines... It is a cuisine of the sun, which mixes sweet and savoury, and combines the produce from the sea and from the mountains. Olive oil and garlic are the bases, enhanced by the sweetness of the almond, the strength of a bitter chocolate or the subtle spices. Vegetables, fruits, meats and farm products, accompanied by fine wines from the Roussillon are the flavor of Catalan cuisine.

Access:
Font Romeu resort is located in the Pyrenees Orientales of the Languedoc Roussillon region. It is located 92 minutes from Perpignan and Andorra la Vella.

By car: 90 minutes drive from Perpignan. Take the RN116 from Perpignan then the D118 from Mont Louis or the RN 20 from Toulouse.
By rail: The Mont Louis/La Cabanasse SNCF train station is 13km away, then take the shuttle to Font Romeu.
By air: Perpignan-Rivesaltes International Airport is 95km from Font Romeu, with daily connecting flights to Paris, the UK and Brussels.

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