Saint Remy (Bouches-du-Rhône) - LE MAS DES VALRUGUES |
From 216,000€ |
Type: one and two bedroom apartments
Living areas:
1 bedroom: 40 m² and 52 m² + 8.70 m² loggia
2 bedrooms: 66.50 m² + 12.7 m² loggia
Projected delivery date: 4th quarter 2008
Lease length: 11 years
Yield: 3% with four weeks personal occupancy, 3.5% with three weeks
Price:
One bedroom 40 m²: 216 000 EUR to 253 000 EUR
One bedroom 52 m²: 275 000 EUR to 323 600 EUR
Two bedrooms 66.50 m²: 359 980 EUR
Prices include parking and furnishings, exclude VAT (refunded after delivery)
Personal occupancy: either three weeks with a 3.5% yield (one week in summer and two weeks in winter, outside French school holidays) or 3% with four weeks (two weeks in summer and two weeks in winter, outside French school holidays).
Nearest airports: Nîmes (57 km), Marseille (70 km), Montpellier (107 km)
Nearest train station: Avignon (20 km)
Additional features: Outdoor swimming pool, tennis court, sauna, Jaccuzzi, music room, English bar, gastronomic restaurant and preferential prices with 16 different golf courses in Provence.
The property:
800 metres and 10 minutes walk from the centre of the village of Saint Remy de Provence, Le Mas des Valrugues will be located at the heart of a pine forest (pinède) and will be built and decorated in a traditional romanesque Provencal style, with gentle curves and pastel colours to enhance the art of gentle living… The balconies will offer an uninterrupted view over the silvery Chaîne des Alpilles, a small limestone mountain chain delicately glinting with heavy herbal guarrigue and olive groves.
The Mas will be built adjacent to the Hostellerie du Vallon de Valrugues, permitting access to the quality services offered by this four star establishment. The Mas will also have its own private pool and underground parking facilities.
The spacious apartments will be tastefully decorated and elegantly furnished in a contemporary Provencal style, and fitted with top of the range equipment for a high level of comfort and luxury.
The location:
St-Rémy de Provence (population 10 000) is a chic town in the Alpilles, where foodies and jet setters flock all year round to enjoy what could be described as the “idyllic Provencal lifestyle”. The town is particularly reputed for its quality restaurants, exquisite holiday accommodation, the exceptional, locally produced olive oil and wine, and for the best chocolate makers in France! The city streets are lined with shops selling the finest of everything.
Before St-Rémy garnered gourmands, the Greeks and then the Romans inhabited the settlement of Glanum on the city’s southern edge, which remains an archaeological site of interest. The famous philosopher Nostradamus was born here and Van Gogh painted some of his best-known works while hospitalised in the monastery famous for its beautiful Romanesque cloister. In spite of its success, St Rémy has retained the charm and tranquility of yesteryear, and it is almost impossible to resist the town's powerful draw.
The Alpilles are a 40 km-long mountain chain strung between the Rivers Durance and Rhône, south of Avignon. St-Rémy provides an ideal base for visiting the Mediterranean coast, the Lubéron and Camargue national parks, the beautiful Cévennes region and, of course, the famous cities of Avignon, Tarascon, Orange, l’Isle-sur-la-Sorgue, Les Baux-de-Provence, Nîmes, Arles, Uzès….
Our opinion:
Without a doubt the most famous address in Provence, this delightful property will offer a very high standard of comfort in a “corner of the world” that is some people’s idea of heaven on earth… Here is an opportunity to own a property in an extremely desirable location with a decent amount of personal occupancy as well as a satisfactory yield.
Summary
Living area: 40 m² to 66.50 m²
Bedrooms: One and two
Projected delivery date: 4th quarter 2008
Lease length: 11 years
Return on investment: 3% or 3.5%
Personal use: Three or four weeks
Price range: 216 000 € to 323 600 €