Villa in Port Bacares

Reference: LLFP0503 - 3 Bedroom Villa - €298,500
Location: Pyrénées-Orientales, Port Bacares

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€298,500 is approximately :

Australian Dollars : $509,826

British Pounds : £249,430

Canadian Dollars : $462,299

Hongkong Dollars : $3,437,192

Japanese Yen : ¥47,882,313

New Zealand Dollars : $625,432

Swiss Francs : F481,498

US Dollars : $440,129

Please note that these conversions are approximate and for guidance only. They do not constitute sale prices.

€298,500

Bedrooms	Habitable	Land Size
3	?	?

3 Bedroom Villa - €298,500 - Location: Pyrénées-Orientales, Port Bacares

Languedoc-Roussillon, Pyrénées-Orientales

This Property is For Sale by Leapfrog Properties

To find out more about this agent or to view more of their properties visit their IFP Microsite

Description

RESIDENCE LA PINEDE:

15 terraced villas and 41 apartments are being built approximately 300 metres from the Mediterranean Sea. These housing units, 56 in total, will be distributed over 8 modestly sized buildings, giving them an authentic character to ensure they harmonise with the atmosphere and look of the village. The complex can rightly be referred to as a Résidence, especially as a communal swimming pool will be realised in the central area.

Return:

Not only the attractive rental income of 5% NET, but also the expectation that values will increase substantially over the next few years make an apartment or villa in Port-Barcarès a sound investment. Various studies have shown that property values will rise considerably between 2006 and 2010. The return that can be realised is increased if part of the purchase price is financed by a mortgage. This can be up to 80%. You have the option here to buy as a type of leaseback and receive the full 19.6% VAT refund and recieve a 6.2% NET yield on the ex VAT price. All prices quoted here include VAT.

Climate:

Languedoc-Roussillon is one of the warmest areas of France, where daytime temperatures can easily top 30 degrees in the summer. In the region of Perpignan, in particular, which has the highest number of sunhours in France, you can sit outside on one of the many charming terraces from early spring to late autumn.

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Features

Bedrooms: 3
Swimming pool

Condition and Utility Information

Condition - Needs Restoration

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