| Price:€90,880 £ $ |
Agent Information |
| Condition: |
In need of refurbishment / renovation |
 |
| Property Type: |
Apartment |
| Bedrooms: |
1 |
| Bathrooms: |
1 |
| Receptions: |
1 |
| Status: |
Available |
Leapfrog Properties are marketing this apartment for sale in France
Situated in the heart of the Loire Valley, 3km from the medieval village of Amboise, spacious apartments with terraces set around a lake and next to a forest. This leaseback development offers the full VAT refund of 19.6% and a guaranteed yield of 5.3% NET making this a very attractive investment opportunity. The area is calm and pictoresque, known ... more for its many castles and places of historical interest it is a popular tourist area. The "Residence Val de Loire" is equipped with excellent facilities and each appartment is fully equipped with all the modern comforts you would expect. There is a parking place for each apartment, a gym, pool, conference rooms, hammam, relaxation area and balneo. There are 1 and 2 bed apartments available with prices starting from 90,880 Euros. Download PDF for further details. Investment Breakdown: NET yield: 5.3%, Starting Price: 90,880 Euros ex VAT and 108,692 Euros inc VAT + furniture at 8,677 Euros = 117,369 Euros. The amount of deposit required is 20% = 23,474 Euros, then they must add 4% for legal fees (4348 Euros) and 1177 Euros (in this case) for mortgage arrangement & bank setup fees. The total the client will have to lay out therefore is 28,999 Euros. The VAT refunded is 17812 Euros so after the refund the amount of money tied up in the property is (28,999-17812)= 11,187 Euros. ... less
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