Yield: 4.6%
Price: 118,164 - 249,797 euros inc vat
Area: Poitou Charentes
Lease Contract: 11 years and 6 months
Type: Coastal
Stock: 138

Les Mathes–La Palmyre is located in Charente Maritime, in the heart of Arvert Peninsula, at 17 km from Royan, 40 km from Saintes and Rochefort, 80 km from La Rochelle and 110 km from Bordeaux. The coast here is a succession of fine sandy beaches and lovely bays, with still more late-1800s mansions and the occasional carrelet (fisherman’s hut)

This new development lies in the middle of the small peninsular (only 1/2 a km from the beaches in either direction) It consists of 138 single or 2 story renovated houses set in 16 hectares of land which have been dedicated to outdoor living. There are:

2 heated outdoor pool, tennis courts, a football pitch, a multi-sport pitch, a children's play area, table tennis, table football, cycle hire, library, an events area, restaurant, bar, take-away food facility, small grocery store, laundry, t.v room, and much more.

The apartments are set amongst landscaped gardens, parklands and paths and have each been designed with a view to offer clean, uncluttered stylish living. They prominantly feature lots of exposed wood, white walls and tiles, as well as having fully fitted kitchens with dishwashers and lounge areas with LCD TV's. Each apartment has a wooden terrace and come with garden furniture.

Because this is a re-development of an existing project the full VAT rebate is not applicable. Instead owners will enjoy a 10% VAT rebate on the global price. At present this development does not offer holiday occupation and is a fixed renewable contract which means after the 11 and a half years the contract is automatically renewed to take it up to the full 23 years, making this a long term investment.

Advertiser contact details
Name: Your French Property
Email: Contact the Advertiser
Ad Ref: 104540