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Type: Leaseback Property Year Built: 0 Status: For sale Price for sale (euro): 114,689 SQ (m2): 0 Bedrooms: ----- Bathrooms: WCs: 0 Weekly Letting Price (euro): Contact Tel: Contact email: click here Town: La Baule Region: Poitou-Charentes Post Code: Features: Water connected Electricity connected Telephone Swimming Pool Cable TV Parking Waterfront La Palmerie This former hotel has been transformed into a leaseback resort of 22 attractive studios with bathrooms. Some of the studios also have balconies from which you can enjoy the sea air. The development is set on a green park and protected area. The area immediately surrounding the hotel is extremely quiet and safe, and only 60m away, you will find the white, sandy beach of La Baule. The studios have views of the green park surrounding the development. These parks are perfect for a quiet rest, or a picnic, allowing you to enjoy the tranquillity of your surroundings. The development will also include a restaurant, offering its guests a complimentary breakfast. Prices are in line with the fast growing market of La Baule where prices doubled during the last 4 years. It is estimated that the price of property in this exclusive town will continue to climb in such a fashion. La Baule and the surrounding area Noted as the Atlantic challenger to Cannes, La Baule is one of the most prestigious coastal towns on the west coast. Its 9km beach, abundant in fine, white sand attracts many visitors each year, who enjoy taking advantage of the exceptionally mild climate. La Baule is the most prestigious in the region, offering a wealth of leisure and seaside activities. It is sophisticated and charming, offering luxury and good living - a fine example of excellent French taste. Nearby you can explore traditional fishing ports such as Le Croisic and the salt marshes of Guérande. Here you may watch the old men harvesting the salt in a traditional method, barely changed in many years. On the border of La Baule you can find the Brière national park and the impressive rocky coast of the Côte Sauvage, the cliffs of which conjure up images of old galleons and smuggling pirates. All this diversity is contained within the Guérande peninsula where nature has been described as beautiful and powerful. Usage Options This property has 3 different usage options as follows. No Usage at 5.5% 1 weeks usage at 5% (between 1st Jan - 31st May and 1st Oct - 31st Dec) 1 weeks usage at 4.5% (between 1st June - 30th Sept) Any additional weeks wanted under any option and purchasers have a 15% discount on the public price for this property, and all others managed by MVM Why invest at this development? Thanks to an exceptional location at only 60 metres from the large, white, sandy beach of La Baule, an easy access from Paris and located less than an hour from an international airport, this resort will make a perfect addition to an investor’s property portfolio. With a 5.5% return, this investment is nearly self-financing. The resort will be managed by MVM. This experienced management company enjoys a good reputation and the expertise of this organization is second to none. A very sought after location, coupled with a solid and experienced management company and an attractive return makes this purchase a prime property investment in France. Send to a Friend:  Send to a Friend-Click Here