General information and Location details:

A stunning luxury development in the chic coastal resort of Arcachon, seaside playground for elite of Bordeaux. Part of a new development encompassing exclusive apartments, a boutique covered market and private underground parking. The development could not be better placed as it is located within a large pedestrianised square, and only 2 mins walk to the white sandy beaches.

There are 12 new apartments ranging from 1 bedroom apartments to 3 bedroom apartments

The Bay of Arcachon is a large, triangular lagoon, a beautiful inland sea only 20 mins from the cultural capital of Bordeaux on the West coast of France. The bay is celebrated for its temperate climate, its permanent sunshine and its ancient beds of oysters, said to be among the finest in the world.

Access:

Flights: Daily flights to Bordeaux (serviced by British Airways, Flybe, bmibaby, Aer Lingus)

Train: For those who may come by train instead, Bordeaux is easily reached from Paris-Montparnasse by TGV-train in 3 h to 3h30. You can then reach Arcachon in only 30 minutes from the Bordeaux main railway station (Bordeaux -St Jean). There is a train leaving Bordeaux to Arcachon every hour.

Car: Arcachon is located 70 Km away from Bordeaux and can easily be reached (45 minutes) by the motorway

The apartments

1 bedroom apartment 51m2
2 bedroom apartment 63m2
3 bedroom apartment 128m2

245,000 – 1,030,000 euros inc vat

Delivered: December 2009

Rental income is calculated for this type of "luxury" residence at a rate of 14 Euros per sq meter for livable surface and 7 Euros per sq metre for annex spaces (such as balconies) limited to an additional 8 metres.

Apartment details: double glazing, parquet floors, marble entrance hall, coving details, videophone, lifts from the underground garage to all floors, heated towel rails, dressing rooms, high ceilings, wooden shutters, balconies, air con, shared underground private parking, laundry rooms, private terraces, marble styled bathrooms, interior decorator services, individual water heaters.
Capital Appreciation: Prices in Arcachon went up by 14% in the last 12 months.

There are several options for people purchasing buy to let properties, these are as follows:

1.Buy the property and use the mandate to let the property out (there is rarely personal occupation available as they are let out as residential lets, however holiday homes in seasonal areas may offer occupation). There is no need for the owner to furnish the property.

2.Buy the property, furnish it and ask a local agency to let it out as a seasonal let. This allows the owner to earn an income and also go on holiday there when they wish. There are no rental guarantees for this option; however the rental yield may be greater than approximated by the first option if renting at key peak times.

3.Buy the property and live in it as you wish, but not have a rental yield. However if you buy an off plan ‘buy-to-Let’ property, this is often cheaper than buying a single property sold on the private market
Further area information

Made famous in the 19th century by the aristocracy, whose influence is still preserved in the charming architecture of the extravagant villas of the "winter town". Now better known for its long sandy beach and oyster farms.
The city of Arcachon is made of four quartiers (boroughs):

the ville d'été (summer city) is located along the sea front, with a long sand beach and the casino

the ville d'automne (autumn city) is the maritime borough, with the fishing port and the marina

the ville d'hiver (winter city) is
located slightly off the sea shore in a pine wood, and still includes several beautiful houses from late XIXth and early XXth centuries

the ville de printemps (spring city) is located west of the summer city around the Pereire park.

Arcachon has also become a spillover estate for celebs and millionaires: a favored holiday haunt of members of the French jet-set, tired of the fading charms of Saint Tropez. Arcachon, the oldest resort on the Cote d‘Argent possesses beautiful white sandy beaches and is a favourite haunt of Bordeaux’s inhabitants. The main attractions not to be missed include the sweeping beach with its long promenade. The area around this new development is full of restaurants, bars, boutiques and shops.

Advertiser contact details
Name: Your French Property
Email: Contact the Advertiser
Ad Ref: 104962