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Property for sale & Investment at Domaine Les Granges

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, will be developing the adjoining land in 2014 to create a lifestyle village, residence la difference

From the spring of 2014, 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.

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.

 

5 Cottages for investment - Holiday use - Domaine Les Granges, St Jean D'Angely

4% - 5% Net return per year.

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 and all other mod-cons.

A deck – terrace with bbq overlooks one of the swimming pools where children can swim in safety.

Freehold price of a cottage in 2014, including furniture & parking: €100,000.

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 will receive a return of 5% of the purchase price: 5,000€ per year.

An owner investor who wishes to use the property for holidays will receive a return of up to 4% of the purchase price: 4,000€ per year.*

These figures are net of service charges, management fees, routine maintenance and replacement of furniture & fittings when necessary.

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.

French Holiday Cottages for Sale
Southern France Holiday Accomodation For Sale
French Holiday Cottages for Sale