Montignac (Dordogne) - LES BASTIDES DE LASCAUX |
From 151,000€ |
The property:
Type: Semi-detached townhouses grouped into small Bastides
Number of bedrooms: one to three bedrooms, duplex.
Living area: 33 m² (1 bedroom) to 47 m² (2 bedroom) and 56 m² (3 bedroom)
Projected delivery date: April 2009
Lease length: 9 years
Yield: 3.95% without any occupancy, flexible solutions available for personal occupancy.
Price: from 151 000 EUR (1 bed) 182 000 EUR (2 bed) 207 000 EUR (3 bed). Prices excluding VAT, including furnishings.
Personal occupancy: Several flexible solutions available up to 8 weeks per annum.
Additional features: SPA centre with Jacuzzi, sauna and fitness centre, large outdoor and indoor heated swimming pools, Sports ground (boules, volley ball etc.). Free internet access and cable TV. Electronically secured domain.
Nearest airports: Bordeaux (194 km) Périgueux Brive-Souillac (55 km) Bergerac (115 km).
The property:
This new leaseback and residential development will consist of 118 semi-detached townhouses divided among seven Bastides, positioned around tree-lined pedestrian alleys in a vast landscaped domain, 5 minutes walk to the centre of the small town of Montignac.
This will be a four star residence offering a high level of comfort and decorated with character. The sandstone-coloured Bastides will have gently-sloping terracotta tiled roofs and dormer windows, in keeping with the local architectural style. Facilities will include indoor and outdoor swimming pools, a Spa and fitness centre, a multi-sports ground, managed reception and the usual services expected for a four star residential holiday village.
The location:
Named after the most important of the region's 7 rivers, the Dordogne department is known to the French as Le Périgord.
The Périgord Noir, known for its dark forests and many châteaux, encompasses the Vézère valley and to the south part of the Dordogne valley. Between the two lies the picturesque medieval city of Sarlat-la-Canéda, famous for its fine cuisine.
The small town of Montignac is busy with restaurants and cafes and is famous for the nearby Lascaux caves which are decorated with figures of horses, reindeer and wild oxen in vivid colours, dating back about 15 000 years. A number of festivals, cultural and gastronomic events take place during the summer months.
This is a fascinating region, inhabited since prehistoric times and a very popular tourist destination during the summer months. Here lay the frontier between English and French occupied territories during the Hundred Years’ war and the many Châteaux and historical sites bear witness to a bloody past.
The region has drawn its wealth from the extraordinary resources of the land, not least the famous black Perigord truffle.
Warm weather sports that are popular in the region include canoeing, kayaking, rock climbing, horse riding and cycling.
From this year, the nearby airport of Brive-Souillac will open new routes to the UK and Ireland.
Our opinion:
A smart investment with one of France’s leading operators and good capital growth potential in an exceptionally beautiful and well-preserved location, for those in love with south-western France. Owning a property here will not only provide you with an ideal base to enjoy relaxing holidays and discover the region - the management company will also allow you to swap your weeks use in more than 150 properties all over France!
Summary
Living area: 33 m² to 56 m²
Bedrooms: One to three
Projected delivery date: April 2009
Lease length: 9 years
Return on investment: Up to 3.95%
Personal use: Flexible options
Price range: 151 000 € to 207 000 €