Leaseback Resale - 1 bedroom apartment (Cagnes-sur-Mer)

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

• Bedrooms: 1

• Condition - Restored / Habitable

Le Crystal, a pleasant contemporary Resiadence, offers this 1 bedroom apartment with a PRIVATE PARKING space and a spacious LOGGIA with views over the Castle in Haut de Cagnes.

Property type : Leaseback Resale

Address Cagnes sur Mer
Accommodation 1 bedroom
Prices € 146,448
Size 32 sqm
Deposit 5% to Notary
Delivery date delivered
Loggia 16 sqm
Sales office Yes
Yield: 3.36% cash + 8 weeks of personal use

The development:
Le Crystal is a residential hotel offering top rate comfort and facilities. It is situated within a stone's throw of the town centre and about 1400 m from the beach. Utmost concern is given to ensure that long and short stay residents on holiday or on business trips enjoy both comfort and fitness. New arrivals are welcomed in a peaceful garden planted with fruit trees. The residence proposes well equipped studios, 2 room and 3 room apartments and consists of two main buildings linked to each other by means of a footbridge serving root terraces designed for relaxation, a solarium, swimming pool (Open from the end of March until the mid of November), table tennis and a beautiful garden. On the ground floor, in a vast atrium houses, the residents will find a reception with wifi, a games room, laundry and "service à la carte"...


The apartment:
This one bedroom apartment on the first floor of the Le Crystal Residence comes with a parking space and loggia and great views over the Castle in Haut de Cagnes. The apartment offers 32m2 of living space, comprising: an open plan living room / fitted kitchen, a bedroom, a bathroom, a separated WC and a storage room. 16m2 loggia with great views over the Castle in Haut de Cagnes. The apartment has its own allocated parking space in the underground carpark.

The location:
The residence is situated as close to the centre of town as it is to the sea, an ideal location. Cagnes sur Mer is a beautiful Provencal town which perfectly illustrates two facades of the Cote d’Azur. On one side, discover the sparkling blue shores with beaches, the charming little fishing port, the casino and boutiques, and on the other, the Haut-de-Cagnes invites you into an authentic medieval village, littered with quaint and picturesque streets where artists’ galleries vie for your attention along with restaurants and cafes. Discover also the Renoir Museum, nestled in a magnificent olive grove domain. Cagnes sur Mer is a bustling place which will entertain you all year long with its succession of events, festivals, concerts and exhibitions, its colourful daily markets and horse racing season.

Activities:
In Cagnes sur Mer one can practise sailing, swimming, water skiing, wake boarding, diving and other water sports, as well as tennis, basket ball, rock climbing, table tennis, dance, gym, handball and kayak.

Local food and gastronomy:
Fresh produce includes olives, olive oil, tomatoes, courgettes, garlic, fish, peaches, figs. Cagnes sur Mer is close to Nice which is known for socca (chickpea pancake), courgette flowers, salade nicoise (egg, tuna, and anchovy salad), pissaladiere (a cross between a quiche and a pizza), ratatouille (vegetable stew), daube (meat stew).

The management company:
The management company spacialises in leaseback developments, hotel residences and holiday schemes throughout France.

Investment:
Commercial lease of 9 years (on going from 2009)
Investment option: 8 weeks of personal occupancy each year
Rental income: 3.36% of guaranteed cash return (€ 4914 per annum), paid in 4 instalments during the year.

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: Coming from Nice, take A8 motorway, exit 48 and continue on the D336 towards Avenue de Cannes. From Antibes, A8 motorway, exit 47 towards the hippodrome.
By train: Cagnes is on the Grasse to Ventimiglia line which stops at such places as Antibes, Cannes, Biot, Nice, Monaco and also on the Marseille to Ventimiglia line. From Nice and Marseille you can get the TGV to Paris and other French cities.
By plane: Cagnes is only 10 minutes from Nice-Cote d’Azur International Airport with regular flights to the UK and the rest of Europe.

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