Because the stock is limited per location we advise you to register your interest early

Prices from €105,000

Guaranteed rental income

Personnal occupancy available

Possibility to swap occupancy weeks between Ski / Sea / Country

Residence Le Domaine de Fayence

Location: Fayence (Cote d’Azur)

Google street view

Price: €245,000 (N’ 354)

Type: 2 bedrooms

Habitable surface: 52.7m2

3 weeks personal occupancy per year

Rental yield: 3.56% (€8,724/year)

Residence opened from May to November

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Residence Le Carre Beauchene

Location: St Maxime (Cote d’Azur)

Google street view

Price: €768,000 (N’ 11)

Type: 3 bedroom villa with private pool

Habitable surface: 125.7m2

8 weeks personal occupancy per year

Rental yield: 3.36% (€25,835/year)

Year built: 2005 (reduced notaire fees)

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Residence Le Domaine des Vignes

Location: La Croix Valmer (near St Tropez)

Google street view

Price: €140,000 (N’ 125)

Type: 1 bedroom cab

Habitable surface: 30m2

Rental yield: no lease contract

Residence open all year round

Year built: 1990

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Residence Le Hameau du Rocher Blanc

Location: Serre Chevalier(French Alps)

Google street view

Price: €350,000 (N’ 131)

Type: 3 bedrooms

Habitable surface: 63.5m2

4 weeks personal occupancy per year

Rental yield: 2.07% (€7,232/year)

Year built: 2007

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Residence Les fermes de Samoens

Location: Saomens (French Alps)

Google street view

Price: €160,000 (N’ 253)

Type: 2 bedrooms

Habitable surface: 42.2m2

2 weeks personal occupancy per year

Rental yield: 3.56% (€5,700/year)

Year built: 2005 (reduced notaire fees)

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The Management company:

• The company exclusively managing this development was created in 1976 and has been operating in the tourism sector for the last 40 years. The current European leader for self-catering holidays, this company manages 75,000 beds in 178 leaseback residences across France. Their property catalogue is used by 8000 travel agencies, with over 3 million holiday brochures being distributed each year.

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Sextant Properties is currently marketing a leaseback development for sale in the French Alps with a yield up to 4.5% (ref 19547). Having appeared on the market on the 21st September 2009, the development is attracting an overwhelming amount of interest. – as of the 12th November, 47 of the 77 apartments have been sold, and 5 others are reserved.

The 25 remaining properties still offer plenty of choice. It is unlikely that any of the properties will still be available in January. Here is why you can buy today without being affected by the unfavourable exchange rate:

The properties are ‘off plan’, which means that the buyer pays little now. Additionally, taking out a French mortgage will result in monthly payments which are the best way of responding to currency fluctuations.

If you buy apartment number C001 on the market at €175,800 (including VAT) you will need to pay only €154,764 because the VAT will be reimbursed. You can take a 100% mortgage on the price excluding VAT (€154,764) and the property can thus be financed in the following way:

> Due now 5% Reservation deposit: €8,401
> On signature of the mortgage offer, brokers fees €774 to be paid in December 2009
> Just before signature with Notaire, Bank fee €1548 (to be paid in March 2010)
> After signature with the Notaire refund of extra deposit €2,248

For the next 24 months you pay life insurance payments of around €41 per month (subject to approval). The delivery is scheduled in November 2011. You will then start to receive a rental income every three months from La Grange, and this will be used to pay back the mortgage.

Our specialist broker, Athena Mortgages, gave us a quote for this particular property, as follows:

The start date for repayments will be in March 2012. The buyer will need to pay €286 per month from that date. The rental income will be increased every 3 years, and, for this reason, the shortfall will decrease with time.

In summary, the purchase of an ‘off plan’ property worth €175,800 would only require an initial payment of €10,723, which would be paid in several instalments. Industry experts predict that the exchange rate will have improved significantly by March 2012, making the reality of investing in French property far more accessible than most people think.

If you do not want to miss this unique opportunity, contact us on 020 7428 4910 or visit the reference 19547 for more details

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