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Roquemer II France
Languedoc Roussillon » Narbonne Plage
Location type: Coastal
2 - 3 bedroom Development
Reference: LEI050107
Available units: 2 BEDROOM From £107,228 To £124,663 3 BED PENTHOUSE From £172,282 To £172,420 3 BEDROOM HOUSE From £142,512 To £142,512
Added:
5th January 2007
Delivery date:
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Key selling points:
- Perfect holiday home or investment
- Prices from just €155,600
- Up to 85% mortgages available , repayment or interest only
- Fix your mortgage for the ENTIRE term.
- Guaranteed rental program available
- Guaranteed tenant for full time rental
- Off plan investment – delivery date 2008
- Inspected and recommended by Leisure-Invest
Full description:
Released earlier this year and now almost sold out we have just a handful of apartments and townhouses available. Starting at just 155,600 for a spacious 2 bedroom apartment up to 250,200 euros for the 3 bed penthouse. In our view this is exceptional value as it seems very difficult to find coastal property at this level in any of the attractive and developed European destinations these days.
Residence Roquemer II is the second phase of this well located and prestigious development - phase I sold very quickly and was very popular with French buyers, an important consideration when thinking of future resale. In fact this is an important point and one of the key features of investing in France. The French property market is not reliant on overseas investors and in most areas is still very much domestically driven. This does not mean overseas investors are not interested in these developments, far from it, but because the French themselves are active investors and have the highest second home ownership rate in the world there is fierce competition from the locals for good quality well located developments – and for the French being close to the beach is of the up most importance for a 2nd home. The message here is that if you are lucky enough to secure a property at this development you should always have a strong market to re-sell to.
Financial and practical considerations:
We can recommend this development as a perfect holiday home; in addition this is a rare product that can offer investors the best of all worlds. As a holiday home for you to use an apartment or villa at Roquemer would be ideal, easily accessible form the UK and Eire via low cost airlines and within reach of no less than 6 International airports served by these budget airlines, it’s a place you could visit for weekends as well as longer stays year round.
In addition if you are looking to cover some of your costs of ownership for the same reasons that make it a perfect holiday home for you it will also appeal to holiday makers from all over Europe. The French will pay a hefty premium to be this close to the beach in July and August while there will be good demand from other nationalities all year round. The quality and finish of these apartments will appeal to discerning British and Irish holiday makers.
However if you need to guarantee your income form the investment and are happy not to have any personal use during this period we can offer a full time rental program. Management is provided by an established and experienced operator who will guarantee to find you a 1st tenant and will fully manage the unfurnished rental agreement for you. This will be a straight forward contract where the tenant will occupy the property as there primary residence and will be responsible for the majority of residence taxes and charges.
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