| Price:€56,000 £ $ (Sponsored by Anello FX) |
Agent Information |
| Condition: |
Off-plan |
 |
| Property Type: |
Apartment |
| Bedrooms: |
1 |
| Bathrooms: |
1 |
| Receptions: |
1 |
| Status: |
Available |
Esprit Property Consultants LLP are marketing this apartment for sale in France
In the heart of a wooded area lies the village of Plescop which is located just few minutes from Vannes and the Golfe du Morbihan. Plescop is classified as a nature resort and one of the most beautiful bays in the world.
Voted Town of Art and History, this two thousand year-old city boasts pristine water and beaches. You can get caug ... moreht up in its picturesque lanes and city walls, or in one of the many exciting cultural and sports activities. Each season, this beautiful coastal city attracts many tourists who stop over for a taste of its legendary good living.
This residential complex is set in a private and wooded environment on the edge of the lake, and offers a fitness and balneotherapy centre along with a heated swimming pool, fitness club and a barbecue area.
Prices start at €56,000 for a studio, up to €171,456 for a two bed apartment.
Leaseback on this property offers the following
• Guaranteed index linked income
• Refund of VAT currently 19.6%
• Established developer
• Fully furnished
• Comprehensive legal and financial assistance
The Leaseback Investment
The Leaseback scheme was established in France in 1976. It is open to non-residents and is becoming increasingly popular in the UK as either a pure investment with a guaranteed income, as a holiday home option, or both.
The scheme works by purchasing a freehold property which is then leased back to the developer or a management company. Under the leaseback scheme the French government refunds the VAT of the property (currently 19.6%).
The purchaser can also enjoy periods of usage through the year, depending upon the terms of the lease. The developer or management company is responsible for all the maintenance of the property including the maintenance of furnishings which are typically included in the purchase price. The developer is responsible for insuring the building and contents. It also pays for many of the local taxes and all the utility costs.
The owner is then guaranteed a rental income. The net return is index linked annually to construction costs. Tax allowances apply in respect of interest payments, legal expenses etc. If the property is held for 15 years there is no French Capital Gains Tax.
... less
|
