Located in Pornichet, this frontline residence offers studio to 2 bedroom cabin apartments with views over the sea or on the gardens with swimming pool.
Leaseback apartments
Address Pornichet
Accommodation Studio to 2 bedroom
Price €185K to 461K
Sizes 29sqm to 49sqm
Deposit 5% to Notary
Delivery date 2Q2013
Yield Up to 3.8%
Sales office YES
The Development:
Located in Pornichet, this frontline residence - which ideally bears the name of The Beach Residence (La Residence de la Plage) - offers studio to 2 bedroom cabin/duplex apartments with views over the sea or on the gardens with swimming pool. The architecture of La Residence de la Plage is emerging as a link between the past and the future. The frontline building is a 19th century maison de maitre, which has been completely rehabilitated. A historic house on the embankments built in noble stone, roofing slates with the best features of the coastal architecture as we could admire during the Belle Epoque. Opened onto a garden with heated swimming pool and connected by a boardwalk to the main building, there is a second building decidedly more graphic and modern. The tourist residence benefits from a breakfast service, a laundry, a bar, a children playground and a conference room. The residence is ideally located close to all amenities and close to the Casino.
The Location:
Ancient port located nestled in a magnificent bay on the Atlantic Ocean, Pornichet became one of the most renowned resorts on the Atlantic coast. With its two ports, one deep-water 1 150 moorings, and three beaches, Pronichet has all the advantages of a city living to the rhythm of the ocean. But beyond its own nautical attractions, Pornichet conceals other assets. In recent years, Pornichet has managed to take most of an exceptional situation to become a city where all the entertainment is king. Served by a TGV station, it is easily accessible, Paris is only 3 hours. Riding the wave of hygiene and health, the city welcomes two Spa centers. Open to all passions, all ages to couples or families, it has a casino, a racetrack, multi-sport complex of 18 courts tennis and 45 miles of hiking trails. The animation is extended all year long downtown, where shops, lively restaurants and their terraces are set along the ocean.
The Management Company:
The company exclusively managing this residence is listed on the French stock market and has been operating in the tourism industry in France, Corsica, Italy, Spain and Croatia since 1998. It is the 2nd largest company on the vacation market in France, offering 92,000 beds among 280 residences, welcoming 1.9 million holiday makers each year, for a turnover of €142M in 2009. The management company was structured around three vocations: operation, marketing and administration of property, assuring the most complete mastery of the facilities it operates and the guarantee of providing the best professional services to its customers.
The Investment Scheme:
Your property will be managed by a well known business management specialist.
The buyer will get 19.6% VAT cash back
Rental income paid quarterly
Up to 3.8% - In addition as an owner you will benefit from a 20% reduction on the advertised price to stay at these resorts.
Occupation: flexibility for owners to stay in this residence.
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:
Pornichet is a seaside resort in the Pays de la Loire region, very close to the Brittany border, and 10 minutes from La Baule, 20 minutes from Guerande and Saint Nazaire, 45 minutes from Nantes.
By car: 45 minutes from Nantes by the N165 and N171. 4h20 from Paris by the A11
By train: Direct high speed - TGV train from Paris to Pornichet (3h). And regular regional trains – TER from Nantes to Pornichet (50min). The train station is located 1 minute from the residence.
By air: There are regular low cost flights from London Gatwick and London city airport to Nantes airport. A coach service is available from the train station of Pornichet to the airport.
