Fontvieille - Leaseback apartment in Provencal hotel residence with pool

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

• Bedrooms: 1

• Condition - Restored / Habitable

Located 10 minutes from Saint Remy de Provence in the Alpilles and at the edge of the Camargues, this hotel residence offers studio to 1 bedroom apartments and comes with an outdoor residence.

Property Type: Leaseback studio and apartment

Address Fontvieille
Accommodation Studio to 1 bedroom
Price €134K to €293K
Sizes 16 to 37sqm
Deposit 5% to Notary
Delivery date 2Q2011
Yield 4.5%
Sales office Yes

The development:
Located 10 minutes from Saint Remy de Provence in the Alpilles and at the edge of the Camargues, this hotel residence offers studio to 1 bedroom apartments and comes with an outdoor residence. The building was pre-existing and has undertaken heavy renovations.

The location:
The picturesque village Fontvieille is situated in the heart of the "Provence des Alpilles", not far from the historic arena at Arles, the citadel of the Baux de Provence, the museums of Saint-Remy and the Avignon Festival which is less than 30km away. The superb countryside of the Alpilles consists of vast fields of olive trees, shrubs and lush green fields, with the majestic Montmajour abbey in the distance. The village is made of ancient houses built from stone extracted from the famous quarries founded in the 15th century. Fontvieille is known for being the place where the French writer Alphonse Daudet wrote his famous "Lettres de Mon Moulin" (Letters from my Mill). You can visit the "Moulin de Daudet" and its small museum, climb the small hill until you reach the summit where the wind-mill overlooks the valley. He dreamt up his characters while listening to the stories from the shepherds and inhabitants of the Montauban chateau. A variety of walking-tracks ranging from 2 to 9 km are available so visitors can appreciate the beauty of the natural environment, and it is even possible to walk in the foot-steps of la chevre de M. Seguin (Mister Seguin’s goat).

Local food and gastronomy:
Fresh local produce includes olive oil, honey, tomatoes, peaches, garlic and herbs, fish, mussels, wild boar, truffles. Daube de Sanglier (wild boar) a la Provencale is a traditional autumn stew and fish dishes are also popular- bouillabaisse (fish stew), or escabeche (fish marinated in citrus juice).

The management company:
The management company strategy, based on the leasing of tourism and business residences ideally located by the sea, close to touristic sites or in city centres, has been managed successfully since 2001.

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, we can get the right mortgage for you.

The investment scheme:
Your property will be managed by a business management specialist.
Rents are guaranteed by 11 year commercial lease (renewable).
The buyer will get 19.6% VAT cash back
Guarantee of rental income
2 options: lease with occupation or pure investment

Access:
Fontvieille is 15 minutes from Arles, 30 minutes from Avignon and an hour from Marseille.

By train: London is 2h from Paris. It then can take 3h to 4h by High speed trains from Paris to Arles.

By plane: The residence is actually 55 minutes from the International airport of Marseille-Provence that offers low cost regular flights to the UK.

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