Buy Into A Unique Development Near To La Rochelle

£1,500
Location:
La Rochelle, York
Posted: 05/11/2009 09:09

BUY A UNIT IN A UNIQUE DEVELOPMENT CLOSE TO LA ROCHELLE, FRANCE, FOR LESS THAN £1500. INITIAL LEASEBACK OF 9 YEARS PROVIDES 5.5% NET GUARANTEED RENTAL RETURN.

*UPDATE - ONLY 11 UNITS LEFT AS OF SATURDAY 31 OCTOBER*

* Built by Award Winning Developer (Best European Development 2008)
* Units are build complete. Completion of interior works by June 2010
* Situated in an area close to the exclusive La Rochelle
* FREEHOLD Apartments, Houses & Bungalows available. (174876 to 582776 euros)
* Prices are 49% below those of Phase 1 which sold out with 25% being purchased by owner occupiers..
* 100% Finance
* 5.5% NET Rental Yield (all costs other than mortgage covered). Guaranteed and index-lined for 9 years on a leaseback basis.
* First years rent paid in advance
* 6% Cashback on drawdown of mortgage.
* 1% BONUS Cashback for units reserved prior to 30 November 2009
* VAT paid by developer
* All Notary and Purchase costs met by Developer, worth about 6%.
* 2 weeks personal use per year (not July & August)
* A fantastic range of first class facilities which will include:-
Indoor/Outdoor Swimming Pools. Spa, Gym, Ice Rink, Recording
Studio & Nightclub, Bars, Restaurants, Confereance Centre, Scuba
Diving Pool, Satelite TV & Broadband Internet and Zen Garen and
Games Areas for Children
* Dependent on the mortgage product chosen, initial cashback & rents are able to cover the full cost of a REPAYMENT mortgage for the initial leaseback period.

Please view developers website www.valleeaulnes.com to get a picture of the site and what the Developers are looking to achieve.

2% OF PURCHASE PRICE TO RESERVE (DIRECT TO NOTARY IN FRANCE. REFUNDABLE ON COMPLETION OR BEING UNABLE TO SECURE A MORTGAGE)
NOTHING FURTHER TO PAY UNTIL COMPLETION (BROKER & BANK FILING FEE)
AFTER ALLOWING FOR 1% BONUS ON COMPLETION THE COST OF A UNIT WILL BE LESS THAN £1500!