Mandelieu la Napoule- 1 bedroom duplex Provencal villa, 900m from the beach

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

• Bedrooms: 1

• Condition - Restored / Habitable

The Chateau de la Mer residence, located 900 metres from the beach, offers 1 bedroom duplex villas and comes with two swimming pools, sports facilities and a bar-restaurant in a typical Provencal setting.

Property type: Leaseback Duplex Villas
Address: Mandelieu la Napoule
Accommodation: 1 bedroom
Prices: €196K
Size: 33.52sqm
Deposit: 5% to notary
Sales office: Yes
Yield: Up to 4.25%
Garden: 16 sqm

The development:
Only 900 metres from the beaches and famous ports of Mandelieu, the Le Château de la Mer residence finds it feet perfectly at the foot of the Esterel Massif. The 150 semi-detached villas with coloured facades and tiled roofs are set over more than 7 acres of land, in the midst of pines and mimosas. Their architecture is typically provencal and form an intimate residential hamlet. Entirely renovated, the duplex dwellings benefit from modern, high quality equipment (equipped kitchen, reverse air conditioning systems, meticulous decoration) and offer large spaces which extend onto terraces and private gardens. The residence also boasts numerous leisure areas: two outdoor swimming pools, multi-purpose sports facilities, a play area for children and a bar-restaurant with a comfortable feel perfect for food lovers.


The location:
The residence is situated in Mandelieu-la-Napoule, at the heart of the French Riviera, with over 300 days of sunshine a year. Mandelieu is set half-way between Saint Tropez and the Italian border, stretching from the wilds of the Esterel Massif to the gates of Cannes, and, facing the Mediterranean, the Tanneron Massif. Its coast comprises beautiful fine sandy beaches, accessible all year round, and coves of characteristic Esterel red rocks. Mandelieu is an upscale tourist resort which caters to the needs of all with a variety of infrastructures and activities, including the famous Old Course golf course, the casino, nightclubs and restaurants. With its six marinas, it can be considered a top nautical and pleasure destination. Above all, Mandelieu offers a unique setting, between sea and mountain, with rivers, greens, pines, and the waterfront fortified Chateau de la Napoule.

Activities:
The unique location and favourable climate means that a variety of activities are possible year round. For those who prefer nautical pleasures, many water sports are on offers such as jet skiing, diving, swimming with dolphins, sailing and yachting. Also: karting, golf, roller hockey, archery, tennis and more besides.
For nature lovers, the Esterel and Tanneron massifs (protected natural sites) lend themselves well to hiking, whether on foot, by bike or by horse. Of particular interest are the various mimosa-themed walks, as Mandelieu is one of eight destinations on the trail classified as one of the most beautiful spots of the French Riviera. Each itinerary will let you discover the secrets and scents of this beautiful flower.

Local food and gastronomy:
Local produce includes plenty of fresh vegetables and fruit (tomatoes, eggplant, artichokes), herbs (rosemary, oregano, lavender, tarragon), olive oil, olives, seafood (especially cod and anchovies), garlic. Classic dishes include bouillabaisse and bourride (both fish stews), tapenade (olives, anchovies, capers, olive oil and lemon juice), pistou (a Mediterranean pesto) and daub (meat stews).

The management company:
The company managing the residence has experience in running luxury hotel complexes which will enable it to optimise the running of the unit. The group also manages 4 other complexes located in the south-east of France, and as a result, has excellent knowledge of the requirements of the tourist clientele across the region.

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.

The investment scheme:
Three different possibilities exist:
-Pure investment with a yield of 4.25%
-Two weeks occupancy of which one can be in mid season, with a yield of 4%
-Three weeks occupancy of which one can be in very high season, with a yield of 3.6%

Rents are guaranteed by commercial lease of 10 years.

Access:
By car- A8 “La Provencale” exit 4 for Mandelieu
By train- TGV stop at Cannes, 7km from Mandelieu. From Cannes you can either take a taxi or a bus to Mandelieu (bus line 20).
By air- the private airport of Cannes-Mandelieu is 2 mins away for business or leisure flights, the major airport of Nice-Cote d’Azur is 30 minutes away with 85 destinations, to the UK and other European cities.

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.