Following the purchase of Domaine Les Granges in 2011, the 5 cottages, Les ecuries are for sale to investors.
The cottages offer comfortable holiday accommodation plus a realistic return on investment.
The new owners of Domaine Les Granges, Richard & Eva will be developing the adjoining land in 2012 to create a lifestyle village, residence la difference
From the spring of 2012, detached bungalows will be for sale, with private gardens, a third shared swimming pool and the benefit of the services offered by Domaine Les Granges.
For more information, visit: www.residences-ladifference.com
The concept of la difference is "downsizing". People who want to release capital from existing larger properties and have the freedom and peace of mind to travel.
The result of a barn conversion in 2002, the 5 cottages have been tastefully renovated and furnished to provide comfortable family holiday accomodation.
The 5 cottages are each on 2 floors; 70m2 of living area with 3 bedrooms, 2 shower-rooms, a spacious open-plan fitted kitchen and living area with fireplace, TV and all other mod-cons.
A deck – terrace with bbq overlooks one of the swimming pools where children can swim in safety.
A flexible rental structure allows an investor to choose the number of weeks holiday each year.
Example:
An owner-investor not using the property for holidays can expect a return of 5% off the purchase price: €6,250 per year.
An owner-investor who wishes to make use of the property for holidays can expect a return of 4% = €5,000 per year.*
These figures are net of service charges, management fees, routine maintenance and replacement of furniture & fittings when necessary.
As the cottages are not subject to VAT/TVA under French tax laws, there is no fixed management guarantee of return.
Owners are encouraged to assist in renting their properties and all management and bookings will be handled by the management company.
* The return of 4% is based on owners taking 1 week in high season and 1 week in mid season; these weeks can be consecutive in June or September.
