Luxury residence offering comfortable apartments along with excellent facilities in the prestigious seaside resort of Biarritz on the French Atlantic Coast.
Property type: Leaseback luxury apartments
Address Les Patios d’Eugenie
Accommodation Studio and 2 bed
Yield 4%
Sizes 28.58 to 85.27sqm
Price: €222K to €729K
Weeks Up to 6 months
Deposit 5% to Notary
Delivery date 2Q 2012
The development
400 metres away from Biarritz beaches, close to all amenities, the residence Prestige « Les Patios Eugénie » is ideally located. Composed of 66 apartments, from studios to 2 bedroom duplex cabin apartments, this luxury residence offers comfortable apartments, with refined decoration and charming spaces: patios and interior gardens. The residence with its listed façade, displays architecture of character, a subtle alliance of contemporary and ancient design, It also offers excellent facilities: outdoor heated swimming pool, an area of « Spa & Bien Etre », with sauna, whirlpool bath and steam room.
The management company:
The company exclusively managing this development was created in 1876 and has been operating in the tourism sector for the last 40 years. The current European leader for self-catering holidays, this company manages 75,000 beds in 175 leaseback residences across France. Their property catalogue is used by 8000 travel agencies, with over 3 million holiday brochures being distributed each year.
Leaseback owners can take their weeks of occupancy at any of the residences managed by the company. Those choosing to purchase an apartment in this development will be entitled to a 20% discount on stays at any of the 175 ski, seaside and countryside residences managed by the company and a 10% discount on stays at all other properties in their brochure.
Financing:
Sextant works closely with a French mortgage broker in order to find the most suitable mortgage for each client. Whether you want an interest-only mortgage, a traditional repayment mortgage or hybrid mortgage let Sextant find the mortgage that is right for you. Mortgages up to 104% LTV (subject to status).
The Investment:
There are 3 possibilities:
- Pack invest excellence: you have a 4% return (excluding tax) on your investment, based on the property price excluding tax (excluding garage and furniture). You will benefit from savings on taxes and occupancy charges on your property.
- Pack loisir serenissime: tailor-made returns on your investment, which could cover all your expenses (co-ownership charges, taxes, etc). You can enjoy your property for up to 8 weeks a year, at any time of the year.
- Pack loisir optimum: Your rental income varies according to the occupancy rate of your apartment, with no maximum limit. Depending on your requirements, you can occupy or rent your property for up to 6 months per year.
The Location
Biarritz is a popular seaside resort combining the elegance of a “belle époque” with the distinctive sights and tastes of the Basque region. Born from the blend of the mountains and the ocean, the contrasts found between its coast and inland are the reason it is such an exceptional place. Nature is revealed in all its splendour: spreading plains, mountainous peaks, verdant forests, steep and spectacular cliffs, and long beaches of fine sand. Between the ocean and the mountains, there is no shortage of activities on offer! The golf courses of Biarritz : le Phare, one of the oldest courses in Europe and the Biarritz golf course with its international training centre. Biarritz is the European surfing capital, with its schools and Surf Camp. Other activities: deep sea diving, white-water rafting, horse riding, pelota, hiking… With several spas and thalasso therapy, it’s also the perfect town for pampering. It has an active nightlife that includes nightclubs, cinemas, casino and a large variety of restaurant serving excellent fresh seafood. Just 30 minutes from the Spanish border, it’s easily accessible thanks to its international airport with the daily flights from the UK.
Activities
Hiking, horse riding, mountain biking, water sports, golf, casino.
Food and Wine – local specialities
As you discover the culinary arts of the Basque Country, you will be seduced by the diversity of its traditional cuisine; the spiciness of Espelette chilli, the succulence of the Bayonne ham and not to forget the famous Basque cakes. Passed on from generation to generation, the traditions rooted in Euskadi bear witness to a lively culture and a strong cultural identity.
Financing:
We have our own French mortgage brokerage service in order to find the most suitable mortgage for each client. Whether you want an interest-only mortgage, a traditional repayment mortgage or hybrid mortgage, we can find the right mortgage for you.
Access
Les Patios Eugenie is situated in the town of Biarritz, on the French Atlantic coast, 30 minutes from Spain.
By road
Exit motorway A63: Biarritz N°4 and continue on the D810 (Boulevard Marcel Dassault)
From Paris (789 km) / Marseille (708 km) / Lyon (735 km) / Spain (25 km) / Bilbao (160 km) / Madrid(550 km)
By train
Biarritz SNCF train station (3 Km from the town centre)
From the main axes Paris, Madrid and Vintimille, Hendaye.
Numerous TGV trains per day from Paris Gare Montparnasse and Lille train station.
By plane
Biarritz - Anglet – Bayonne airport (3 Km from the town centre)
Direct flights Paris Orly and Paris Charles de Gaulle (1h15)
Regular direct national and international flights: Genève (1h10), London Stansted (1h45), Birmingham
(2h), Dublin (2h05), Helsinki (4h), with the companies Air France, Ryanair, EasyJet…
