Talmont Saint Hilaire (Vendee) - LE VILLAGE DE LA MER |
From 121,800€ |
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Region: Pays de la Loire
Department: Vendée
Type: 31 two to four bedroom villas, each with an individual swimming pool and
97 one to three bedroom semi-detached houses
Living areas:
68 m² to 101 m² for the individual villas
34 m² to 54 m² for the semi-detached houses
Projected delivery date: June 2009
Lease length: 11 years
Yield: up to 4.9%
Price:
Individual villas: 286 000 EUR to 405 000 EUR
Semi-detached houses: 121 800 EUR to 152 000 EUR
Prices include parking and furnishings, exclude VAT (to be financed by the developer)
Personal occupancy: Flexible options including light leaseback and classic purchase. Please contact us for full details.
Access:
By road: several highways from main national roads and the A87 motorway;
Nearest airports: Nantes (100 km), La Rochelle (91 km), Tours (300 km)
Nearest ferry port: St Malo (300 km)
Nearest train station: Les Sables d’Olonne (12 km)
Additional features: Outdoor swimming pool – heated and covered swimming pool – sauna – Turkish baths – multi-sports areas – tennis court – children’s club.
The property:
This residential village will consist of a total of 120 units and will be situated just off the D949 departmental road between the village of Talmont Saint Hilaire and the coast, only 1.5 km from the beach at Bourgenay plage, with a small fishing lake adjacent to the property. In addition to the onsite facilities, many additional activities are on offer close by: the 18 hole golf course of Talmont Saint Hilaire, sailing and water sports, kite-surfing, horse riding, cycling, hiking, fishing, canoe-kayak, karting, etc.
NEW!: The new “preference” purchase system will allow you to benefit from 6 weeks of personal occupancy per annum, exempt of all co-ownership charges and a 37% discount on the total price corresponding to:
- the VAT refund
- your rental income over 11 years (in this case, you will not receive any rental income fro the duration of the lease).
For example, if you purchase a property for 166 000 EUR including VAT (price of the house and the parking), the total amount to be financed will be 104 580 EUR (rental income and VAT deducted from the selling price).
(Please note that ‘Preference’ only applies to the sale of the semi-detached houses, not the individual villas).
The location:
Talmont Saint Hilaire ( 6000 inhabitants) and the Marina of Port Bourgenay (550 berths) are situated on the Atlantic coast in the Vendee department between Nantes and La Rochelle, 10 minutes south of the famous resort of Les Sables d’Olonne.
Talmont Saint Hilaire is an ideal venue for family holidays where nature reigns supreme. The village boasts an imposing fortress built for its Prince, Richard the Lionheart, around which many festive and educational events are organised all year round. Other interesting visits include the nearby salt farms where the antique craft of growing sea salt was revived by two young entrepreneurs in the 1960s, the motorcar museum, oyster park, the house of trees and honey, where you can discover the secrets of honey-making.. . to name a few. Throughout the summer months a large number of events are held to entertain tourists and locals alike; historic recollections, gastronomic and music festivals, sailing races etc.
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 through by sauntering rivers and canal systems creating 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 in the last decade with an average growth rate of 20% per annum in the coastal areas. This is an opportunity to invest in a property benefiting from a unique natural environment with extremely flexible options for personal occupancy and one of France’s leading management companies as operators.
Summary
Living area: 34 m² to 101 m²
Bedrooms: One to four bedrooms
Projected delivery date: June 2009
Lease length: 11 years
Return on investment: Up to 4.9%
Personal use: Flexible options
Price range: 121 800 € to 405 000 €