Domaine du Golf d'Albret
The development Domaine du Golf D’Albret is located in the South of France in between Toulouse and Bordeaux. Located in a small town called Barbaste, this signature development consists of 233 key ready apartments!
The Opportunity
To a fortunate few this is home and we have secured a limited number of fully furnished luxury apartments in this stunning resort starting at only €110,458!
Limited offer
- 2 Bedroom Apartments starting from €110,458 Excl VAT
- 90% LTV Mortgages Available with LCL Subject to
- Status, Interest Rate 3.85% Over 25 Years
- 9 Years Guaranteed Rental Income at 3.9%
- Legal Fees, Brokers Fees, Furniture Costs, Notary Costs
- 3 Years Tax Return Cost & 12 Years’ Service Charges
- Paid Free Allocated Parking space worth €3000
- 100% Return on Investment (ROI) Over 5 Years
The Location
The Resort
The resort has a wealth of facilities available to property owners and guests plus use of the picturesque 18 hole golf course & swimming pools making it perfect for family holidays
Facilities and Amenities
- Picturesque 18 Hole Golf Course
- Outdoor Tennis & Volley Ball Courts
- 2 Outdoor Heated Swimming Pools
- Indoor Heated Swimming Pool & Jacuzzi Spa
- 2 French Restaurants & Bar
- Games Room & Childrens Play Area
- Fully Managed Reception & Parking
The Property
Typical 2 Bedroom Apartment (Type T3)
- Sqm: 40.64
- VAT: Paid
- Parking: Included
- Price: €110,458
- Furniture: Included
- Deposit: €11,045
The Leaseback scheme: Guaranteed incomes
9 - 12 Year Scheme
Leaseback property has been around for two decades in France and was introduced by the French government to increase the quantity of quality holiday accommodation available in areas capable of attracting more tourists.
The properties are usually located in a “Residence de Tourisme” (Tourist Residence) or “Residence avec Services” (Residence with Services) which cater for short term lets and provide a variety of services usually to include reception, breakfast (by prior
arrangement), laundry and linen services, swimming pool, Jacuzzi, sauna, steam room…
The leaseback scheme enables you to purchase freehold a property which you then earn a rental income from. When leaseback schemes are sold, there is a pre-selected
property management company to whom you “leaseback” your property for a period which usually ranges between 9 and 12 years.
The apartments for available in Domaine du Golf d’Albret are offered on a 9 year leaseback at 3.9% per annum
French Property Markt : Why invest in 2011?
A Sustainable Market
If you have been thinking about investing in a property in France then 2011 is the time to make your move.Here are 5 strong buying conditions reinforcing why it is now the right time to buy a French property.
1. Property values are increasing – having reached
its lowest point in 2009, prices are steadily increasing with 6% growth recorded in Q2 2010. Prices in Paris have increased by 20% alone and transactions increased by almost fifteen percent.
2. Interest rates are low – at 3.10%, interest rates are at their lowest since WW2 making taking advantage of a mortgage highly attractive.
3. Strength of the Sterling – With the economic worries of Spain, Italy, Greece and Ireland, the Pound is strengthening against the Euro. Buy today and make your Pound stretch further.
4. No. 1 Country for tourism – The United Nations has stated that France is once again the worlds most visited country attracting the most visitors last year making French property a very good buy-to-let investment opportunity.
5. Secure Leaseback Scheme – The government backed French Leaseback Scheme has been in operation for many years and is still to this day the only reliable and secure guaranteed rental program in the overseas property market
For more information please email us at contact@corinne-properties.com
