Property Details
- Property: Detached Villa (Leaseback)
- Bedrooms: 3
- Bathrooms: 2
- Receptions: 2
Pays de la Loire, Vendée, Mervent
EXCEPTIONAL LAND & NEW BUILD INVESTMENT MERVENT FOREST FRANCE. An opportunity to participate in France’s fastest growing property region, the South Eastern area of Vendée. 2,3 or 4 bedroom detached designs available all with the same 100% finance deal with a total payment from the purchaser of €6000
Features
Features
•Low cost entry - €6,000 set up fee
•100% finance structure incl 5% gifted deposit
•Rent guarantee for 5 years at 5.2% per annum
•Mortgage grace period during build
•Build designs 2, 3 or 4 bedroom detached dwelling
•Closing costs paid
•Furniture packs included
•Close proximity to 3 airports
Full description:
Edit?Project Highlights
¦ 99 individual plots 612 – 1445 Sqm.
¦ Separate title from outset, ‘Freehold’.
¦ Land price to include full infrastructure.
¦ A choice of 4 sustainable co-efficient designs.
¦ Modern designs meet traditional values.
Investment Highlights
Low investment contribution just €6,000.
¦ 100% finance.
¦ 85% mortgage – Interest rates currently from 3.39%.
¦ Mortgage grace period
¦ Interest only option.
¦ Full mortgage brokerage facilities available.
¦ Closing costs paid.
¦ Rental commitment for the first 5 years at 5.2% per annum.
¦ Branded resort management company to maximise rental bookings.
¦ Design optimised for exit strategy.
Location Highlights
¦ Stunning elevated position overlooking river.
¦ Close proximity to 3 airports.
¦ Nearby railway station with connections to Paris/London/Ashford/Ebbsfl eet
¦ Walking distance to village with bar, restaurants, bakers and shops.
¦ Nearby historical villages.
¦ Horse riding.
¦ Sailing club.
¦ Nearby safari and forest adventure park.
¦ Two theme parks in close proximity.
¦ Second warmest region in France.
The Opportunity
The project itself will be 99 individual detached dwellings both modern in design but sympathetic to local surroundings, materials, features and architecture. There are a number of drivers for growth including the fact that low cost airlines are readily available at three nearby airports namely Nantes, Poitiers and La Rochelle all within an hours drive of the site itself not to mention the accessibility of the high speed train links from the UK
to France.
The area is relatively undeveloped and as such the project will increase values in the area and is already attracting
interest in regards to additional infrastructure such as additional restaurants and local amenities.
The land has full planning consent which makes it highly sought after since the introduction of the increased
co-efficiency rules in 2008 rendered conversions of barns, gites and alike less cost effective than of previous years.
The area itself adds to the strength of this project bringing to the table fantastic views over the meandering river below with a vast array of facilities in the immediate vicinity including a sailing club, canoeing, horse riding, rambling, mountain biking, bars and restaurants all within walking distance and a nearby safari park, adventure
park to mention but a few.
To capitalise on the areas superb facilities this development will be looked after by a resort management
company maximising returns for investors that participate in the arrangement. Commercial facilities on site such as a bar/restaurant, focal point, and small spa are currently undergoing a feasibility study.
The financial package is exceptional! The investor only need find €6,000 to participate in this investment.
The balance of the purchase can be financed via an 85% mortgage via a panel of French lenders and arranged by an experienced French mortgage broker. Combined with this is a top up bridging facility, which is not only unsecured, the interest rate is subsidised for the first five years of ownership with repayments covered by the rental commitment. The final 5% will be paid for by the developer.
On top of this all closing costs will be covered and a furniture pack supplied. The net result is a genuinely cost effective low entry investment maximising leverage but in a very safe and controlled manner thus giving superb exposure to capital growth in one of the most stable economies in the euro zone.
Other important factors
France has always been a popular holiday destination with British tourists and will continue to be so due to its proximity to the UK. With great access facilities of not only flights but also channel crossings, Euro Star and Euro Tunnel, France is a superb destination especially for those who wish to keep their carbon footprints low. During
the current Global downturn it is highly predicted that Brit’s will take their holidays closer to home, France being a logical option.
Due to the diversity of the country there are many things to occupy the tourist. France has a wealth of history, tradition
and culture with fine museums, galleries, cuisines, vineyards and haute couture and not forgetting a favourable climate too! So if you are thinking of investing abroad or simply settling in another country, France has a rich tapestry of life to suit all tastes.
Mervent Forest - The Vendée, France
Vendée is the second sunniest region in France and its coastal position benefits from warm gulf stream winds. The
Vendée is a proven, popular, region for holidays. It features many facilities amenities and attractions, including 160km of Blue Flag Atlantic Beaches, fishing ports and traditional French villages. There are two major theme parks, The Pay Du Fou and Futurescope. The region benefits from a robust transport network which includes the
international airports of Nantes, La Rochelle and Poitiers. The Vendée is also easily accessed by channel ports due to the main A83 motorway.
Mervent Forest lies in the South-Eastern area of the Vendée, close to the town of Fontenay-Le- Comte just 40 minutes from the ever popular La Rochelle. Horse riding, sailing, Carp & Pike fishing hiking, cycling with 80 km of mountain bike (VTT) circuits, conservation zoo, tree top adventure park, 200km of established pathways with
organized walking tours set in 5,000 hectares of woodland are all available.
Financial Details
¦ €6,000 client contribution for set up costs
¦ 5% Gifted Deposit
¦ Mortgage grace period during the build (no mortgage repayments)
¦ 85% mortgage
¦ 10% Top up bridge fi nance for deposit discounted for the fi rst 5 years
¦ Fixed rates available
¦ Mortgage Interest rates currently from circa 3.39%
¦ Legal closing costs covered
¦ Rental income taken into consideration for underwriting
¦ Full mortgage broker facilities available
Once contracts are signed none of the set up fee is refundable. The above information does not form part of a contract and is for guide purposes only. Investors should satisfy themselves of all the costs and implications of such a transaction before proceeding seeking independent advice if they feel appropriate. The lender reserves the right to ask for additional information if required. Terms and Conditions correct at publication, however, terms and conditions may change at the banks discretion or due to market conditions and central bank directives. Libor
rate for indicative purposes only.
The New Build Phenomenon
France is undergoing a renaissance; with the new EU effi ciency rules hitting hard, refurbishing a
run-down chateaux is a less viable option. The reason being that in the same way fridges, cookers
and cars are rated for effi ciency now so are homes, and France takes this very seriously. Subsequently
demands for new builds is soaring and whilst new builds are generally more expensive, you get what
you pay for.
2 bedroom style
Dimensions
Kitchen 9.92m2
Sitting/dining Room 35.25m2
Hallway 1 3.15m2
Cloak Room 1.95m2
Utility room 5.44m2
Bedroom 1 14.67m2
Ensuite 3.25m2
Hallway 2 2.38m2
Bedroom 2 10.45m2
Bathroom 4.75m2
Garage 19.34m2
Total m2 110.55m2
3 bedroom style
Dimensions
Kitchen 10.18m2
Sitting/dining Room 46.74m2
Utility room 7.47m2
Cloakroom 2.71m2
Bedroom 1 11.39m2
Ensuite 4.32m2
Bedroom 2 13.10m2
Bedroom 3 9.48m2
Shared ensuite 5.12m2
Garage 21.45m2
Total m2 131.96m2
The Build – Mervent Forest
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