Fantastic Buy-to-let Development in the South of France
Fantastic Buy-to-let Development in the South of France
Asking Price : 287,300 € Commission : Yes Net Living: 51 qm Apartment Type: ground floor Year of Construction : 2011 Tenant : No Rental Income per Year (€) : 12,929.00 € Amount of Floors : 3 Usable Space : 121 Rooms : 2 Amount of Bedrooms : 1 Heating : electric Additional Informations : Balcony-Terrace, Guest Toilet, Garden, Fitted Kitchen, Cellar, Garage-Parking Space, Swimming Pool,
Property Description:
• Located in the middle of the lively picturesque Herault town of Pezenas and regarded by many
as the jewel in the Languedoc crown.
• Pezenas is positioned in the heart of wine-producing country, 45 minutes west of Montpellier, 20
minutes north of the Mediterranean coast and 30 minutes south of the beautiful Languedoc
Regional Park. The town encompasses all the romanticism of the South of France, together with
traditional architecture and everyday living.
• Les Templiers is being developed by Garrigae Investissements, three times winner of Bentley
Award for Best French Development.
• 38 apartments in the main building - studios, one bedroom and two bedroom apartments ranging
from 26m² to 141 m² - 11 apartments in the former houses - 11 apartments in the century old
mansion.
• On-site facilities will include a wine & tapas bar, superb spa, fitness centre, meeting room and
outdoor heated pool.
• The development is being sold off plan with prices starting from €113,800 for a fully furnished
luxury studio apartment, delivery set for late 2011.
• Development eligible for VAT exemption of 19.6% under the Résidence de Tourisme 1986
French law ‘
• Superb medium/long term investment opportunity, with low ownership costs and excellent
potential for Capital Appreciation in one of Europe’s strongest and most stable economies.
• Garrigae offers a range of options offering guaranteed and tax efficient rental returns.
• The development will be executed to the exacting standards for which Garrigae has become
known: superb construction quality using traditional materials and craftsmanship.
• Languedoc region enjoys a perfect Mediterranean climate with over 300 days of sunshine
annually.
• Easy access from almost all major European cities via airports at Beziers (25 mins), Montpellier
(45 min), Carcassonne/Perpignan/ Nimes (110 min).
• Mediterranean beaches are just a 20 minute drive from Les Templiers.
• Flexible personal use - owners at Les Templiers will be able to use any other Garrigae property.
• Resort will be managed by sister company Garrigae Hotels & Resorts. Garrigae Hotels &
Resorts current properties include Le Couvent d’Hérépian, Port Rive Gauche and Les Jardins de
Saint-Benoît.
• A unique opportunity to purchase a beautiful vacation/investment property on a fully managed
luxury destination with guaranteed rental income available as an option when not in use – a
‘Coup de Coeur’ and a sound investment.