I’ve managed to get two exclusive units for sale in this development which is commercialised as an LMP (professional) development in Bay of St Tropez, but we can sell it as LMNP (leaseback for non professional investors).
I’ve managed to get two exclusive units for sale in this development which is commercialised as an LMP (professional) development in Bay of St Tropez, but we can sell it as LMNP (leaseback for non professional investors).
12 years lease with Maeva (P&V) one of the strongest management companies in Europe - good exit strategy with 6 months notice for non-renewal if required, annual revision of rent. Excellent location in the French Riviera in Gassin (in the beautifully conserved and natural Baie of Saint Tropez) – swimming pool + tennis courts, sauna, 24 hr security and parking – 100 meters away from the marina and the beach - refurbished development - already delivered – immediate rental income. Superb outdoor activities, water parks and of course a lot of sunshine!
Unit 48 - Jonquière building– 1 bed apartment – Second floor – South facing – 29.13 sq/m – 9.75 sq/m balcony – Total gross price: 154 812.00 Euros – Total net price: 145 000.00 Euros – VAT refund: 9812.00 Euros - Yearly guaranteed rental income: 5800.00 Euros – Net return: 4.
Unit 54 - Jonquière building– 2 bed apartment – Second floor – South facing – 33.08 sq/m – 9.07 sq/m balcony – Total gross price: 173 456.00 Euros – Total net price: 162 500.00 Euros – VAT refund: 10 956.00 Euros - Yearly guaranteed rental income: 6500.00 Euros – Net return: 4.
