Frejus (Var) - LA TOUR DE MARE |
From 92,000€ |
Type: Apartments
Number of bedrooms: Studio to three bedroom duplex
Living area: 18 m² to 60 m²
Projected delivery date: June 2008
Lease length: 11 years
Yield: 4.1% without any personal occupancy
Personal occupancy: 20% discount on the public price
Prices excluding VAT:
Studio: from 92 000 EUR including furnishings and private outdoor parking
One bedroom: from 142 000 EUR
Two bedroom: from 223 000 EUR
Three bedroom: from 278 000 EUR
Additional features: Outdoor pool, well-established landscaped gardens, Sauna and fitness centre, managed reception.
Nearest airports: Nice (57 km) Toulon (100km).
The property:
This semi-circular, pastel 1970’s building sits in the shade of large well-established grounds filled with palm, pine and olive trees, and will be entirely renovated to a very high standard of comfort.
The scheme is extremely well located, in a very quiet residential area surrounded by forest and the luxury villas so emblematic of the French Riviera, in a district of Fréjus known as the Tour de Mare.
There will be a total of 60 studio to 3 bedroom duplex apartments in this two storey building, most of which are south facing and possess either a balcony or a large terrace.
The apartments will be fully furnished and fitted.
The location:
Fréjus sits on the Mediterranean coast at the foot of the Massif de l’Esterel, one of the most spectacular natural features of the entire French Riviera, with its dark red rocks that plunge into the glimmering blue sea. It has a very lively town centre and is charming with its rows of pastel-coloured houses lining its winding streets and shady town squares. The property is about 20 minutes walk, or a few minutes drive, from the city centre and 4 km from the nearest beaches at Fréjus Plage.
In Fréjus you will find a wide choice of restaurants, pavement cafés, shops, and many buildings of historical interest, including a Roman arena that now houses concerts and cultural events.
A couple of km down the coast, Saint Raphael is a glamorous and lively resort with many hotels and boutiques and is the starting point for excursions to the nearby Levant islands (Porquerolles, Port Cros and Levant).
The Var region possesses one of the most strikingly beautiful and well-preserved stretches of the Mediterranean coast. Long sandy beaches lead to secluded coves, and a short excursion into the hills will take you through the vineyards to picturesque mountain villages and further on to the local ski resorts of Valberg, Auron and Isola 2000, barely 2 hours drive away.
The area is also a paradise for hikers and ramblers; the nature reserves of the Esterel, les Gorges du Verdon and the Iles du Levant provide countless opportunities for walkers of all levels.
Distances: Saint Tropez 36 km, Cannes 36 km, Nice centre 70 km, Antibes-Juan-les-Pins 50 km.
Our opinion:
An ideal investment for those wanting a pied-a-terre in a quiet residential area of the French Riviera, close to the coast and to
all amenities and attractively priced for the area.
Summary
Living area: 18 m² to 60 m²
Bedrooms: Studio to three bedroom
Projected delivery date: June 2008
Lease length: 11 years
Return on investment: 4.1%
Personal use: 20% discount
Price range: 92 000 € to 302 000 €