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| Type: Leaseback Property Year Built: 0
Status: For sale
| Price for sale (euro): 77,842 SQ (m2): 0 Bedrooms: ----- Bathrooms: WCs: 0 Weekly Letting Price (euro): | | | Contact Tel:
Contact email: click here | Town: Fayence Region: Riviera-Provence
Post Code:
| | Features: | Water connected Electricity connected Telephone Swimming Pool
| | | Leaseback apartments & private villas with pool set in 7 hectares of Chateau grounds near the hilltop village of Fayence, close to Nice & St Tropez.On site pool, spa & sports centre & restaurants. 5% rental yields with flexible personal usage. The luxury Resort & Spa holiday residence " Le Chateau de Camiole" is built on a stunning 7 hectare site just outside the village of Callian in the Var region of Southern France. Affording views over the hill top villages of "Pays de Fayence" it is around 40 minutes inland from Cannes & St Tropez and offers superb access to the South of France.
"Le Chateau de Camiole" is a new build, four star holiday residence with a host of on-site facilities to include spa, swimming pool, sports centre, childrens club, bars & restaurants and conference centre. A large selection of properties is available to include 166 apartments ranging from studios to 3 bedroom starting from €77,842 after the VAt refund and 18 individual 3 bedroom villas with private pools operated under the government-sponsored leaseback scheme starting from net €554 055. Delivery is scheduled for mid 2009.
The development is spread over different traditionally styled hamlets sympathetic to the local Provencal architecture, with many apartments benefiting from gardens, terraces and logias from which to enjoy the mediterranean climate. High quality fixtures & fittings will include air-conditioning, fully fitted & equipped kitchens, satellite reception and high-speed internet connection. The 3 bedroom villas are arranged over one or two levels and are available with private terraced swimming pool and garages.
Callian is located in the Var department bordering the Alpes Maritimes and set within an exceptional location between Mont Lachens, the highest point of the Var, Draguignan (34km), Grasse (22km) and the Riviera coast at Cannes 38km away. The residence is built on a stunning 7 hectare site just outside the village of Callian and 10km away from the large Lac de St Cassien offering a host of water sports. Golfers are well catered for in the area with the recently opened world class golfing facilities at "Terre Blanche" just 5km away. This exceptional site offers the best of both worlds- the peaceful Provencal countryside whilst offering easy access to the hustle and bustle of Cannes & St Tropez.
For local tourist information please click here
The area is easily accessible being around 40 minutes away by car from Nice airport, which is serviced by regular scheduled & low cost flights from the UK and Ireland.
Flexible Investment and Personal Usage Options
Investment Forumula:
Some studio and 1 bedroom apartments in the "Les Oliviers" & "Les Amandiers" buildings have been earmarked for the pure investor not seeking personal usage and attract a strong net 5% rental yield based on the net purchase price of the apartment. Operated under the popular leaseback scheme benefiting from a full 19.6% VAT refund and combined with consistant excellent capital growth potential experienced in the South of France, this makes an excellent package aimed at the "hands-off" investor. Larger villas can also be operated under the leaseback agreement and attract net rental incomes of 3.83%.
Personal Usage:
For clients wishing to spend holiday and leisure time in the Mediterranean atmosphere then flexible personal usage options are available whilst still benefiting from guaranteed rental incomes to offset their costs under an 11 year leaseback agreement. Appplicable to the buildings "Les Mimosas", "Les Lavandes", "les Jasmins", "Les Romains", "le Chateau", purchasers can benefit from either,
5.08% net return which comprises 2.78% in rental income and 2.3% in holiday vouchers which can be used for short weekend breaks or longer holiday periods at the residence. The only restriction is that of a maximum 2 weeks stay in July & August. Or,
4.88% net return which comprises 3.68% in rental income and 1.2% in holiday vouchers giving full access to the on-site facilities outside of July & early August.
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