Property Search
 |  |  |  |  |  |  |  |
| Bedrooms | Habitable | Land Size |
| 3 | ? | ? |
3 Bedroom Buy to Let - €135,833 (Prices between 135,833€ and 190,220€ after VAT refund) - Location: Ariège, Seix
|
|
|
This property is no longer actively advertised by the vendor.This property is no longer actively advertised by the vendor. It may have been sold or widthdrawn from the market. If you still wish to contact the vendor regarding this property please use the Enquiry Form below.A leaseback development of 73 chalets and apartments in a typical mountain village in the French Pyrenees close to both skiing, golf course and the Spanish borderReference: IC390 - 3 Bedroom Buy to Let - €135,833 (Prices between 135,833€ and 190,220€ after VAT refund) Location: Ariège, Seix  Artist impression
close
€135,833 is approximately : Australian Dollars : $231,997 British Pounds : £109,522 Canadian Dollars : $210,370 Hongkong Dollars : $1,564,101 Japanese Yen : ¥21,788,939 New Zealand Dollars : $284,604 Swiss Francs : F219,107 US Dollars : $200,282
Please note that these conversions are approximate and for guidance only. They do not constitute sale prices.
€135,833  
3 Bedroom Buy to Let - €135,833 (Prices between 135,833€ and 190,220€ after VAT refund) - Location: Ariège, Seix 
  
This Property is For Sale by Currie French Properties Ltd     Depending on whether an owner wishes to have private use of their property or not, up to a 4.5% rental yield is guaranteed for 12 years with a guaranteed repurchase by the developer thereafter. The 19.6% VAT is refund to purchasers after about 6 months as a French government incentive for the financing and development of much need holiday accommodation. This means that in effect you will be buying the chalets at 16.4% below the market value. PROPERTY SUMMARY Les Balcons de Seix is located in one of the most beautiful valleys of the Pyrenean Mountains near the Spanish border and Andorra and just120 km (75 miles) from Toulouse. The development consists of traditional mountain chalets and apartments in an ideal environment to relax in comfort with a large spa resort and 18-hole golf course close by. The popular Guzet ski resort is also only 20 km away. PROPERTY DETAILS ‘Les Balcons de Seix’ is a 3 star holiday residence consisting of 67 terraced chalets and 6 apartments. Apartments range from studios to 1 beds; chalets range from 2 to 3 beds. Living areas vary in size from 19 to 76 m2. Traditional mountain architecture is employed throughout and all chalets come either with a balcony, a terrace or a garden. All units come with private parking. Residence facilities include a swimming pool, a restaurant and a fitness club. The development is due to be completed by December 2007. THE MANAGEMENT COMPANY The property will be managed by SARL de Gestion de la Residence du Haut Couserans, a subsidiary of Simbiosis properties - a company with significant experience in the management of mountain leaseback properties (for example, in la Bourboule in the Auvergne and in Ustou, also in Ariege). FINANCING YOUR PROPERTY Subject to status loans of over 80% of the actual purchase price have been pre-arranged. LOCATION ARIEGE The departement of the Ariege is located in the southern Pyrenees, next to Andorra, in southwestern France; its highest peaks are visible from the city of Toulouse. It is one of the least populated and most unspoilt regions of France, whose inhabitants still live a traditional way of life. The area is also a haven for wildlife with many beautiful species of butterflies, wild orchids and birds of prey. SEIX Located at 500mts in altitude Seix is a typical French mountain village in the ‘Haut-Couserans’ region to the west of Ariege. Seix has all the main facilities, services and shops. The ‘Les Balcons de Seix’ development is located on the edge of the village of Seix. It is built in the style of a hamlet composed of several traditional chalets. The development is close to all the facilities and services within the village. ATTRACTIONS THE LOVELY ‘HAUT-COUSERANS’ AREA This is a very traditional rural area with picturesque mountain villages and breathtaking landscapes. The region is dotted with reminders is its history with numerous romantic churches and medieval castles. Local Pyrenean traditions are still alive and kicking with several village festivals and tasty regional cuisine aplenty. The Couserans region has many beautiful valleys with stunning waterfalls (such as the Cascade d’Ars) and corries (such as Cirque de Cagatelle). This is the perfect environment to enjoy the splendour of the Great Outdoors through organised activities such as excursions, rafting, canoeing or caving. 20 KM (12 MILES) FROM GUZET SKI RESORT The Guzet ski resort is only 20 km (12 miles) from Seix. This resort is popular with families, with three distinct areas to cater for all ski levels. Guzet has a complete snow park complete with funbox, kicks, rainbow and big air. Other winter activities are available on site including a sleigh ride and ski jeering where the skier is towed along by a horse! THE PERFECT PLACE TO UNWIND Seix is 45 km (28 miles) from an 18-hole golf course, Golf de l’Ariege. This popular course allows you to relax on the fairway where a diverse range of holes are set against the stunning backdrop of the Pyrenees. Seix is also less than 20 km (12 miles) from Aulus-les-Bains spa which offers a complete range of beauty care and relaxation services. GETTING THERE The nearest international airport to the development is Toulouse Blagnac Airport. From here there are 8 daily flights to London Gatwick with a flight time of 2 hours as well as numerous other flights to national, European and international destinations through a wide range of operators (including Easyjet, British Airways and Air France). The nearest local train station is in Foix. CAPITAL GROWTH This investment includes the option of guaranteed repurchase by the developer after 12 years meaning investors can ensure they will reap the fruits of any capital gains during this period. France is the most popular tourist destination in the world with its southern regions receiving significant visitor numbers. Tourist levels in the region surrounding Ariège have risen 14% over the last 10 years and visitor numbers are continuing to expand year on year. Given Les Balcons de Seix is one of only two leaseback residences (collectively housing 88 apartments) in the Haut-Couserans region, investors in this development should be well-positioned to enjoy considerable capital growth over the medium term. RENTAL INCOME A fixed annual rental yield is guaranteed for 11 years and 11 months under the French leaseback scheme. Investors can choose from two rental options to suit their personal preference: • Pure investment option: This option allows for no free personal occupancy but a high yield of 4.5% is guaranteed for 11 years and 11 months • Leisure investment option: A lower yield of 3.5% is guaranteed but this option includes a holiday credit of 1.3% which the owner can use in any propertymanaged by Lyon Touristic Hotels & Resorts* In both cases, owners will receive a 10% discount on the rental rate paid by the general public on any property managed by Simbiosis Hotels & Resorts*. Rental income will be paid quarterly in arrears. Rental rates will be reviewed every year in line with the INSEE index. (* Both organisations are part of the same group of companies.) WHY BUY NOW? AN AFFORDABLE, LOW RISK INVESTMENT With this investment, you can purchase a 2 bedroom apartment (52 m2) with terrace (18.75m2) and parking for only €135,833 (after the VAT refund) – and this price includes all notary and mortgage fees! Finance of over 80% LTV is available making the minimum outlay relatively small. The investment is also very secure with a set level of rental income guaranteed for 12 years after which time investors have the option of guaranteed repurchase by the developer.
Send an enquiry to the vendor to view more information about this property.
Once your enquiry has been sent the vendor will reply as soon as possible.
If you would like to ask the vendor a question about this property, or request a viewing, please complete the form below:
Want to save time when making an enquiry? Registered users can store their details to automatically complete this form on subsequent visits! Register Here. |
|
Copyright © 1995 - 2008 Internet French Property
