Center Parcs, France investment opportunity
This opportunity represents an excellent way to invest in property in France by purchasing a leaseback property which benefits from a government-backed VAT-refund incentive (paid on completion), designed to encourage investment in tourist residences.
In our view, this opportunity provides an excellent long term low risk investment requiring a small investment of a few thousand pounds but providing instant equity, cash back on completion, and producing good sustainable capital growth as well as guaranteed rental returns with no fuss.
You purchase the freehold interest in one of the properties and that is then leased back to the management company for a minimum period of 9 years. You will be paid a guaranteed annual return by the management company with no ongoing maintenance or running charges.
The developer has successfully provided its investors with guaranteed returns for over 37 years and with 54,000 owners and 6.6 million tourist clients, they are Europe’s market leader in the development and management of tourist residences.
There are 870 freehold cottages for sale amongst 650 hectares of forest. Designed both to provide maximum comfort and incorporate high environmental quality measures, the Cottages blend naturally into the forest and are laid out to ensure optimal privacy.
There is a low deposit option, which involves a 2% deposit which secures one of the cottages (subject to mortgage approval). The mortgage is designed to cover the property stage payments, and other associated costs.
In essence the only capital you need to find yourself to invest is the 2% reservation deposit, as the rest of the deposit required is funded by the mortgage.
Prices range from €256,000 to €358,766.
Excellent payment terms:-
- 2% reservation deposit (refundable until deeds signature)
- 100% mortgage finance available subject to status
- 13% on signature of deeds
- 25% 1 month after build commences
- 22% on partitioning
- Balance on completion
Summary:-
- A 4.5% index linked rent guarantee for 9 years with:
- An option to extend for another 9 years
- Freehold leaseback, 19.6% VAT cash back on completion
- Additional 8% rebate from local government
- Mortgage can cover the stage payments, with the added option of interest rolled up to completion
- Situated in a strategic location in Europe, with access to two airports
- Managed by the European leaders in short break family holidays
- Center Parcs has 93% occupancy rates per annum
- Strong capital growth and rental return with previous Center Parc properties growing by 8% per annum
For further information, please fill in the enquiry form below.
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