The Residence du Golf, situated only 800 metres from the beach, is set at the heart of a superb 27-hole golf course, and offers studio and 2 bedroom apartments in a domain with a bar, two restaurants and a beautiful outdoor swimming pool.
Property type: New build Leaseback Apartments
Address: Saint Cyprien
Accommodation: studio to 2 bedrooms
Prices: €120K to 250K
Size: 28.31 sqm to 58.8 sqm
Deposit: 5% to notary
Delivery date: delivered
Balcony/terrace: 4.86 sqm to 8.67 sqm
Yield: 3.63 to 3,88%
The development
The Residence du Golf, situated only 800 metres from the beach, is set at the heart of a superb 27-hole golf course, and offers 92 apartments, a bar, two restaurants and a beautiful outdoor swimming pool. The apartments are split over two buildings, each one offering fitted kitchens and bathrooms as well as a terrace or balcony. Hotel services are available at a fee, such as linen service, housekeeping, and provision of sheets... there is also a shop on site for groceries.
The apartment
Overall condition: good
Condition of furniture: good
The location
The residence is only 1.8 km from the port and shops of Saint Cyprien, an attractive seaside town on the Mediterranean coast, boasting 342 days of sunshine a year and fine sandy beaches. The town has many amenities and attractions including restaurants, a pretty marina, boutiques and bars. Market days here are Tuesdays, Fridays and Sundays. Saint Cyprien has origins dating back to the 12th century, and remains quintessentially French with quaint tree-lined streets, old buildings and a 13th century church. The Francois Desnoyer Museum houses paintings by many famous artists who were inspired by the outstanding beauty of the area (Gauguin, Toulouse-Lautrec...).
Activities
Aside from the golf course, in the area one can practise a variety of water sports- boating, sailing, scuba diving, kayaking, water skiing... there is also a go kart track, a water park, hike and cycle paths and horse riding. In winter, the ski slopes of the Pyrenees aren’t far away.
Local food and specialities
The food of the area is influenced by nearby Spain and Catalunya in particular. You will find cargolade (snails done the Catalan way) as a start, escalivada (grilled vegetables served with olive oil and salt) boles de picolat (Catalan meatballs) and for dessert touron (a puff pastry), rousquille( a biscuit with vanilla and lemon) and of course, Creme Catalan (Catalan version of crème brulee).
The management company
The company exclusively managing this development was created in 1976 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 178 leaseback residences across France. Their property catalogue is used by 8000 travel agencies, with over 3 million holiday brochures being distributed each year.
The investment scheme
Commercial lease of 11 years (ongoing)
Investment option: 1 week occupancy in High Season, 2 weeks in Mid Season and 2 weeks in Low Season
Rental income: 3.63% (€ 9 072 )
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 get the right mortgage for you.
Access
Saint Cyprien is 10 minutes from Argeles sur Mer, 20 minutes from Perpignan, 50 minutes from Figueres (Spain) and an hour from Narbonne.
By car: A9 to Perpignan, exit 42 then D914, D11, D22.
By train: Perpignan is on the high speed TGV line which will take you to Paris or Lille. Buses connect you from Saint Cyprien to Perpignan.
By plane: Saint Cyprien is only 25 minutes from Perpignan-Riversaltes International Airport, with flights to the UK, 1 hour 20 from Beziers Airport, and 1 hour 40 from Montpelier Airport.
