Leaseback resale - 1 bed apartment in Saint Saturnin les Avignon - 4% guaranteed cash return
Property type: New build Leaseback villas
Address Saint Saturnin les Avignon
Sizes 36 sqm
Yield 4%
Terrace 10 sqm
Prices 108,000 €
Deposit 5%
Accomodation 1 + cabine
The development:
St Saturnin les Avignon, authentic village in Provence, is crossed or bordered by the Canal de Vaucluse, the Sorgue Grande overlooking the Palais des Papes, the Mont Ventoux and the Luberon mountains in the midst of orchards and vineyards. St Saturnin les Avignon authentic village is washed by the atmosphere of Provencal villages of the Sorgue and enjoy the benefits of the nearby city of Avignon (10kms). The Residence made with natural materials is composed of 126 units divided into 14 Provencal houses and 20 villas. An ideal site to discover the unique heritage of the Vaucluse, the lifestyle of Provence and enjoy outdoor recreation. The Residence Saint Saturin les Avignon inludes free access to the heated outdoor swimming pool, a shared living room, a fitness, a sauna / spa / jacuzzi, a linen room and a games room.
The apartment:
This 1 bed apartment offers 36m2 of living space and comes FURNISHED with a 10m2 TERRACE and a PARKING SPACE. It comprises a living room a double sofa bed, a kitchen area, 1 bedroom with a double bed, a WC and a bathroom. Terrace with garden furniture.
Location:
Saint Saturnin les Avignon is a typical Provencal village with sleeps lanes, ramparts, fountains, washhouses and former mills. The village is surrounded by 30 hamlets and set in 18,750 acres of garrigues, woods, cherry trees, olive trees and vineyards. It is a nice area which abounds of natural places and wonderful views to countryside and hills. The development is close to Carpentras (30km), Cavaillon (34km), Orange (50km) with the beautiful old theatre, Avignon (10km) with the famous Palais des Papes, Salon de Provence (57km), Chateauneuf du Pape (61km), Aix en Provence (65km), the Roman Pont du Gard (65km), Marseille (90km) and Nimes (100km).
The area:
Close to the Mediterranean Sea and to the French Alps, this attractive area offers a good quality of life with exceptional sunshine (more than 300 days a year) and leisure facilities. You could discover the Luberon with its beautiful landscapes, garrigues, cedar forests, cliffs, canyons, ochre quarries, secret rivers, steep vineyards, lavender fields, cherry blossom, century-old olive trees, characteristic colors, scents and the legendary sweetness Provencal way of life with local wines, cuisine, climate, flavorsome and colorful markets. This area is full of classified village, town and cities such as Apt (9km), Roussillon (10km), Gordes (17km), Lourmarin (27km), Cavaillon (34km) and Manosque (50km). The Luberon is the better area to visit in the South of France with Provence, French Riviera, Languedoc and to enjoy beach and mountain activities. This area is also famous for the French wine and the gastronomy: olives, tapenade (chopped olives, capers, anchovies and olive oil), Cavaillon melon, berlingots de Carpentras (sweets), Azeroles marmalade, Pistou soup, aiolli, ratatouille, anchoiade and the famous Pastis.
Activities:
Beach activities, mountain activities, museums, festivals, concerts, theatre, trekking, horse ridding, canoe, golf, caving, paragliding, ballooning, wines tastings…
The management company:
The management company specialises in leaseback developments, hotel residences and holiday schemes throughout France
Investment:
Commercial lease of 11 years (ongoing from 2006)
Investment option: no occupancy (negotiable)
Rental income: for 2012: 4% guaranteed cash return (€ 4308/year)
Financing:
Sextant has its 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, Sextant can get the right mortgage for you.
Access:
By plane: Avignon airport (25min), Marseille airport (1h15min), Nime airport (1h45min)
By TGV: Avignon (2h40 from Paris), Marseille (3h from Paris)
