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AUDE - Leaseback house in the heart of..

Location Europe › France Date Added: 15.04.2015 at 11:04 Expiration Date: 27.06.2031 at 12:58 Page Views: 101 Listing ID 161919

Technical data

Purpose
Sale
Year of Construction
2009
Living space
55 m²
Bedrooms
2
Bathrooms
1

Description

The property is a very well presented, two bedroomed "fin de terrasse" cottage built to modern specification throughout, with a traditional Languedoc village style exterior. Completed in 2009, this well maintained development has full facilities for owners, when in occupancy and the benefit of annual rental income when rented to "vacanciers", who are vetted and provided by the development company's managing agent, who have representation on site at all times. The layout, maintenance, security and management are of high standards, as expected from the large et respected French company that has recently acquired the entire complex. The net rental return ( After all management, taxe fonciere and building insurance have been deducted.) is in excess of 4100 euros, which equates to some 3% annual return. The current lease-back runs until May 2018, giving final return of some 18%

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