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Investment Property » For Sale » France » Cote D%27azur » Alpes Maritimes » Mougins » Apartment    

Apartment investment in Cote D'azur


Location

France
Cote d'Azur
Alpes Maritimes
Mougins

Price

€142,582

Delivery date: 2008
Max rental return: 5%
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Property ID: 366310




















     
 

 Description

Key selling points

  • 10 mins from the beaches at cannes & Antibes
  • Facilities include pool, tennis courts, bar & restaurant
  • Guaranteed yields up to 5%
  • Optional Personal use
  • 100% Finance available at 4.65% fixed
  • 5 prestige golf clubs in immediate vicinity

A prestiguous and exclusive hotel comprising 44 rooms with terraces, fully equipped with high quality kitchens and bathrooms and beautifully decorated. The hotel sits few minutes away from the medievel village of Mougins within a splendid park planted with scented olive trees, cyprus trees and pine trees. Mougins is located on the Cote d'Azur between Antibes and Cannes just a 10 minute drive to them or the beach. Mougins attracts many tourists each year but is also busy throughout the off-season with many French residents. The village and its surroundings have been the subject of many famous painters from Pablo Picasso to Jean Couteau and as such has no less than 20 art galleries and 40 restaurants with many boutique shops, cafes and local produce markets. There are also 5 excellent golf clubs nearby including the famous "Cannes-Mougins Golf country club". The residence has superb facilities including an outdoor heated pool, tennis courts lounge bar and resturant ensuring the best quality stay. Access is easy from the UK as it is just a short drive from Nice airport plus good rail and road links. This leaseback residence offers guaranteed yields of 4.05% plus a holiday budget of around 550 Euros (equivalent to 1 week's stay) or alternatively 5% NET yield if you buy a package of the rooms. There is also a VAT refund of 9% off the purchase price.

 
     
     
 

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