Leaseback resale - apartment in 4-star Residence (near Cannes)

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

• Bedrooms: 2

• Condition - Restored / Habitable

4-star Residence near cannes offers this stunning 2 bed apartment with exeptional views over the lake and golf course with leisure and relaxation facilities.

Property type : Leaseback Resale Apartment
Address Mandelieu la Napoule
Accommodation 2 bed
Prices €187,250
Size 53.54sqm
Deposit 5% to Notary
Delivery date In activity
Yield Up to 4.30%
Sales office Yes
Terrace8 sqm

The development:
Located by the sandy beaches of Mandelieu-La Naopule and just a few kilometres from Cannes and its famous Croisette the 4-star residence has elegant neo-Provencal buildings built on 7 hectares of landscaped grounds with exotic tree lined walks and gardens around a private lake and is next to the Cannes-Mandelieu 18 hole golf course. It was opened in 2008 and has been built and finished to the highest quality. It is a secure gated residence located on Avenue Gaston de Fontmichel in Mandelieu-La Napoule with a full hotel service.. It has a yacht club atmosphere with ample space and modern comforts and the residence and its stylish suites open on to large terraces. Top of the range facilities include an indoor health spa & fitness centre, a large outdoor swimming pool with pool bar & restaurant, tennis courts, children’s play area, multi-sport area, on-site restaurant, a conference centre and complete family entertainment. The spa has a relaxation and well-being area with jacuzzis, turkish bath, sauna, power showers and treatment rooms (a relaxing massage and beauty treatment service is available).


The apartment:
The apartment is a top floor apartment (first floor) built in 2007 with a floor area of 53.50m² and has two bedrooms with a large terrace (8m²) suitable for relaxing and al-fresco dining with a view over the lake and the Esterel mountains. An underground parking space is included. The apartment come fully furnished to a very high standard in line with the quality and standing of the rest of the resort. Full air-conditioning is provided for heating & cooling and the property is energy efficient. The apartment has high speed wireless broadband, multi-channel TV and the full range of kitchen & laundry appliances. Hotel standard services are available.

The location:
The residence is situated in Mandelieu-la-Napoule, at the heart of the French Riviera, with over 320 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:
MMV (Mer Montagne Vacances) is a well established, experienced and professional holiday resort.

The investment scheme:
-Pure investment with a yield of 3.74% guaranteed cash (up to 4.30 %)
-182 days of personal occupation (except the perios from 12th July to 23rd of August)

Rents are guaranteed by commercial lease of 10 years.

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, our mortgage brokers can get the right mortgage for you.

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.

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