Domaine Du Bois Des Harcholins, LEASEBACK PROPERTY, Lorraine, North / North East, France

Type	Villa
Offer Status	For Sale
Estate Agent	Locations

From

EUR 312,812

£ 266,783*

US$ 397,970*

Description

LEASEBACK PROPERTIES WITH EUROPEAN HOLIDAY RESIDENCE LEADER:

- 93% annual occupancy rate

- European market leader in Leaseback properties with 40 years experience

- Abundance of facilities & activities

- No annual tourist occupancy variance- Constant 29 degree temperature of dome so suitable for short-breaks and holidays all year round.

- Located within 2 hours drive of 5 million people, within 3 hours from 17 million people.

-Eco-friendly resort, in partnership with WWF and having the highest eco certificate.

QUALITY LIVING:

- Top quality cottages in stunning setting - some with saunas and private jacuzzi, quality furnishing including LCD flat screen TVs

-GUARANTEED NET RENTAL RETURNS with no hidden costs or management hassles

- 8% Government subsidy off sale price

- 19.6% up-front VAT rebate

- Low stamp duty and notary fees (3-4%)

- Quarterly rental yield payments of up to 4.5% based on purchase price.***

-FLEXIBLE FINANCE:

-Finance available up to 100% of the purchase price including fees (90% for interest only)

-Mortgage payments can be deferred during construction until rent is received. Interest only during construction also possible.

-Possible to have tax free income in France for 20-25 years.

UK/NORTHERN IRELAND INVESTORS

-Qualifies for Self Invested Personal Pension(SIPP)

-40% tax rebate on SIPP contributions

-No Capital Gains tax or Income tax in the UK

-Pure investment – No usage permissable to qualify

THE DEVELOPMENT:

Located in Moselle,in the Lorraine Region in North East France and at the gateway to 3 European countries: Belgium, Luxemburg, and Germany, the “Bois des Harcholins” is open to Europe and accessible by TGV from Paris in 2 hours and 10 minutes from June 2007.

At the heart of a 650-hectare forest, Domaine du Bois des

Harcholins is a vehicle-free village. The project plans to create approximately 3 hectares of lakes, with one priority: Respect for nature.

Moselle has 300 km of walking trails which are ideal for discovering the generous nature of the varied landscapes and the numerous sites of cultural interest: the European Archaeology Park and many fortified churches and castles.

The “Domaine du Bois des Harcholins” will include 870 cottages of

contemporary wooden architecture, with 2, 3 and 4-bedroom

cottages.

2 BED HOUSES ARE SOLD OUT!!!

***Our reservation lists are constantly changing. Some properties reserved below may come back on to the market so please check with us for more information on latest availability and pricing.***

3 models of house are proposed: Premier, Comfort, and VIP.

“COMFORT” COTTAGES:

Functional and convivial

- 3 bed houses

- lounge with fireplace

- open plan kitchen

Prices start at 276,125 (after VAT rebate and government subsidy)

“PREMIER” COTTAGES :

- Warm and spacious

- 3 and 4 bed houses

- lounge with fireplace

- open plan kitchen,

- jacuzzi bath

Prices start at 286,744 (after VAT rebate and government subsidy)

“VIP” COTTAGES

Elegance and class

-3 bed houses

-lounge with fireplace

-corner sofa

-open plan kitchen

-Large bedrooms, each with bathroom or

shower-room

-sauna or hammam

-outside spa for cottages

Prices start at 308,871 (after VAT rebate and government subsidy)

Certain adjoining cottages can be sold together to make a magnificent 6-room house.

DESIGN NOTES:

Wooden construction, noble and warm material

Wide bay windows, large terrace overlooking the forest

Bright interiors

Design by a reknowned architect: Jean de Gastines

Property tax (estimation):20/25 Euros/sq.m.

LEASEBACK OPTIONS:FULLY FURNISHED

Package 1: Financial ownership without stays 4.50% on purchase price.

Package 2: Financial ownership with stays from 3.5% to 4.25% depending on the usage formula you choose.

**The guaranteed rate of return is applied on the acquisition

price, that is to say the price inclusive of taxes after

deduction of VAT and grants, and excluding acquisition fees.***

SCHEDULE OF PAYMENTS

The schedule of payments of the price inclusive of taxes and during construction by the purchaser will be as follows:

-Deposit: 2%

-Signature of the act: 13%

-Lower slab: 25%

-Boxing up: 22%

-Completion of partitioning :21.61%**

-At term 16,39%

PREFERENTIAL CONDITIONS

As owner of a cottage in Moselle you can also benefit from:

–15% off high season and very high season periods

–20% off mid-season and low season period

in any of the Group's Resorts in mainland France, Italy and Spain.

Call us for a brochure and more details at LOCATIONA on +353 1 6771188

Quick link to this property www.propertynews.com/chzd