Property Detail

LOCATION: Languedoc Roussillon,France
REF NO: WP33950
TYPE: Apartment
ROOMS: 1 bedroom
PRICE: £47,801
Languedoc Roussillon

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Superb light leaseback development of traditionally styled cottages with up to 6 months personal use. We are extremely proud to present the second phase of 'Les Mas des Vignes', near Nimes in the Gard area of Languedoc Roussillon on the Mediterranean coast. Fabulous location only 10km from Nimes and only a half hours drive from Mediterranean beaches.

Beautiful 53 acre site, landscaped and secured. All apartments have a small gravelled garden (some with a terrace) and allocated parking space, plus fitted kitchens and bathrooms; furniture pack included. Fully managed and maintained holiday home for your own use for up to 6 months of the year combined with a long term guaranteed rental return.  All 'holiday-necessary' amenities are only steps away - 30 minutes from the Mediterranean Sea, a few minutes from Nimes and 30 minutes from Montpellier, giving a choice of airports to fly into and out of and lots of sight-seeing and shopping opportunities. There will be an 'Aquatic Area' of 1800 square metres including two open air pools - one of which will be heated (nicely extending the rental season) - plus areas to play boules, a mini golf course and plenty of relaxing areas.

Light leaseback is where you have as much use of your property as you like (max of 6 months per year), and you give between 4 and 10 weeks to the rental management company to rent out to holidaymakers in return for a guaranteed yield for this period only. You can, of course, give more weeks and you will receive a rental income for any weeks that your apartment is actually rented out for (ie only the 4 or 10 weeks are guaranteed). However, although not giving an annual guaranteed yield, you do still benefit from the 19.6% VAT rebate (after purchase) on the sale price.

One Bedroom   28m² to 34m²   €71,000 to €99,000
Two Bedrooms   40m² to 51m² €99,000 to €118,000 
Three Bedrooms   71m² to 71m² €159,000 to €159,000

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