Saint Gilles Croix de Vie (Vendee) - RESIDENCE LA GRANDE PLAGE |
From 99,500€ |
Region: Pays de la Loire
Department: Vendée
Type: 13 two to three bedroom villas and 25 one to three bedroom apartments
Living areas:
43 m² to 61 m² for the individual villas
30 m² to 57 m² for the apartments
Projected delivery date: 2nd quarter 2010
Lease length: 10 years
Yield: 4.20%
Price:
Houses from: 149 200 EUR to 200 000 EUR
Apartments from: 99 500 EUR to 177 500 EUR
Prices include parking and furnishings, exclude VAT (to be financed by the developer)
Personal occupancy: 20% discount on the public price
Access:
By road: several highways from main national roads and the A87 motorway
Nearest airports: Nantes (65 km), La Rochelle (120km)
Nearest ferry port: St Malo (260 km)
Nearest train station: Saint-Gilles-Croix-de-Vie
Additional features: Heated outdoor swimming pool – sauna – Turkish baths – children’s club. Several golf courses nearby.
The property:
This attractive estate will be situated in a protected environment between nature and sand dunes, a few minutes' walk from the long fine sandy beach of Saint-Gilles-Croix-de-Vie, known as “La Grande Plage”.
The residence will consist of fully fitted and comfortably furnished one to three bedroom apartments with terraces and balconies, and two to three bedroom individual villas, with terrace and private gardens. All will have a private outdoor parking space.
In addition to the onsite facilities, many additional activities are on offer close by: the 18 hole golf course, sailing, surfing and water sports, kite-surfing, horse riding, cycling, hiking, fishing, canoe-kayak, karting, etc.
The town of Saint-Gilles-Croix-de-Vie (population 7 000) is a lively seaside resort with a large fishing and yachting harbour, a long beach-front Promenade lined with restaurants, and an interesting historic quarter dating back to Greek times, originally the living-place of merchants and sailors. It is a perfect place to spend a holiday, with something for everyone to enjoy.
There are many activities on offer all year-round for locals and visitors alike; theatre, music festivals, cinemas, art exhibitions and of course the busy food markets, where some of the best seafood and fresh produce available can be found at very affordable prices.
The location:
The Vendée, with its 240 km of coastal beauty and 140 km of fine sandy beaches flanked by pine forests is, after the Côte d’Azur, the second most visited holiday destination in France, and according to the tourism board, the second sunniest area of the country with an average of 2 500 hours of sunshine per annum. The fine standard of year-round living explains why the Vendée is becoming increasingly popular with people of all ages who are relocating to France.
The Vendée coast is dotted with stylish resorts such as St Jean de Monts and Les Sables d’Olonne, which offer a wide variety of smart restaurants and shops and rival with the glamorous resorts of the French Riviera.
The coast gives way to a scenic interior of green pastureland cut by sauntering rivers and canal systems making up the fens and natural marshes. The plains of the Breton marshes to the north and the Poitevin marshes to the south offer a huge variety of settings, while many of the inland villages boast a rich historic heritage with a large array of prehistoric and medieval remains.
The region is also known for the quality of its produce; poultry, meat, vegetables and fine wines.
Our opinion:
The property market in the Vendée has been particularly buoyant over the last decade, with an average growth rate of 20% per annum in the coastal areas. This property, which will be built by one of France’s leading developers and operated by a reputed management company, will be an excellent long term investment and a wonderful place to enjoy relaxing holidays.
Summary:
Living area: 30 m² to 61 m²
Bedrooms: One to three bedrooms
Projected delivery date: 2nd quarter 2010
Lease length: 10 years
Return on investment: 4.2%
Personal use: 20% discount on the public price
Price range: 99 500 € to 200 000 €