A first class opportunity to invest in a holiday residence set in a superb location just a short 500m stroll from the beach at St Raphael on the Cote d Azur nestling between Cannes and St Tropez. Leaseback guaranteed yields of 4.5%.A first class opportunity to invest in a holiday residence on the Cote dAzur set in a superb location just a short 500m stroll from the beach and on the edge of the Boulouris district, one of St Raphaels most select areas.
St Raphael is an elegant Cote dAzur resort with a network of winding streets leading down to the traditional harbours offering 42km of mediterranean coastline offering good sandy beaches and coastal footpaths along the wind beaten coves carved from the famous red rock of the esterel mountains.
Nestling between Cannes and St Tropez, the " Residence Les Mimosas " comprises 171 fully furnished apartments built in traditional Provencal style and set within 4 hectares of wonderful landscaped gardens with direct footpath access to the beach. The delightful green holiday setting is complemented with swimming pool, wellness centre, sauna, jacuzzi, tennis court and a comprehensive range of nearby local shops.
A wide choice of apartments is offered ranging from studios of around 20m2 with net prices at € 98,000 to large three bedroom duplex units priced ar €276,000
Guaranteed rental incomes are secured through an 11 year lease operated under the French government sponsored leaseback scheme and offer 2 purchase options benfiting from a Vat refund.
Net yields of around 4.5% are available for the pure investor with no personal usage or alternatively, 2 weeks personal usage is available for purchasers wishing to enjoy the residence which would reduce yields to a little under 4%.
This combined with a potential strong capital gains in this well known resort will result in extremely high demand and we would request you to contact us immediately to reserve.
Further details and brochure can be found attached below.
