Resale Leaseback property set in residence with pool (Nyons)

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

• Bedrooms: 3

• Condition - Restored / Habitable

The Residence Le Domaine de l’Oliveraie is located on a hillside at the heart of the Drome Provencale, near the Mont Ventoux and only 2 minutes away from the Centre of Nyons. It offers a resale leaseback duplex 2-bedroom apartment and comes with a swimming pool.



Property type Resale Leaseback Apartment

Address Nyons
Accommodation 3 bedroom
Prices €150,000
Sizes 55.20sqm
Yield 4.81%
Delivery Date available
Deposit 5-7% to Notary


The Development:
The Residence Le Domaine de l’Oliveraie is located on a hillside at the heart of the Drome Provencale, near the Mont Ventoux and only 2 minutes away from the centre of Nyons. It offers a resale leaseback duplex 3-bedroom apartment and comes with a swimming pool. The duplex apartment comprises on the ground floor, an entrance, a 18.35sqm living/kitchen, bathroom, wc, and a 8sqm terrace. The first floor has a landing, two bedrooms (9sqm) with cupbards and a cabin. All apartments are set in terraced cottages and are equipped with modern amenities including kitchenette, microwave and dishwasher.

The Location:
The town of Nyons, which lies in the sun-blessed south-east of France, just above Provence, is the olive producing capital of the country. Because of its situation in a small valley, Nyons benefits from a lot of sunshine all year round. It's a medieval fortified town, with narrow winding streets. It has many points of interest, such as la Tour Randonne, a listed Romanesque bridge and its unique arched passage way, which is 43 metres long. Nyons is the 'capital' of the Nyonsais-Baronnies region. A medieval town lying at the foot of a rocky spur close to Mont Ventoux, Nyons is surrounded by hills and small mountains (Essaillon, Garde Grosse, Saint-Jaume and Vaux) and well shielded from the wind. It enjoys exceptional sunshine all year round and is nicknamed 'le Petit Nice' for its superb climate.

Activities:
There are many sports available like walking, riding on horseback and cycling. These allow you to really discover the Drome Provencal in all its glory. Visit the Vercors Nature Reserve, go to Montelimar to eat the nougat, or for something really unusual, head for the town of Crest and abseil down the highest tower in France.

Food – Local specialities:
Fresh fruit, vegetables and seafood feature heavily in Provençal cuisine reflecting the climate and geography of the region and differentiating it from the cuisine of other regions of France. Typical dishes include bouillabaisse (a seafood stew made with tomatoes, olive oil, wine, herbs and spices), daube Provencal (stew of vegetables, garlic, herbs and beef braised in wine), soupe au pistou (a minestrone-style soup made from tomatoes, beans, summer squashes, potatoes, olive oil and basil) and aïoli (a thick, garlic mayonnaise often served with fish).

Financing:
Sextant has its 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, Sextant can find the right mortgage for you.

The Investment Scheme:
Your property will be managed by a well known business management specialist
11-year lease contract on-going from June 2017
Rental income paid quarterly
Rental yield of 4.81% or €7212.62 per year - In addition as an owner you will benefit from a 20% reduction on the advertised price to stay at these resorts.
Occupation: flexibility for owners to stay in this residence.

Access:
Nyons is located 15 minutes from Vaison la Romaine, 60 minutes from Avignon, 70 minutes away from Valence, 100 minutes from Marseille.

By train: Paris is 2.30h from London thanks to the Eurostar. There are regular high speed train (TGV) from Paris to Valence.

By plane: From the UK, fly to Avignon with Flybe, Nimes with Ryanair, or Marseille (british Airways, easyjet, Ryanair, Aer Lingus).

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