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Investment Property » For Sale » France » Languedoc Roussilon » Pyrenees Orientales » Corneilla Del Vercol    

Corneilla Del Vercol


Location

France
Languedoc Roussilon
Pyrenees Orientales
Corneilla del Vercor

Price

€161,000
to €320,000

Delivery date: 2nd quarter of 2008
Max rental return: 5.82%
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Property ID: 277297












     
 

 Description

OUTRIGHT OR LEASEBACK

NEW ON THE MARKET!
11 kilometres south of Perpignan, between the Pyrenees and the Mediterranean, the residence is designed as a green haven on the edge of the village of Corneilla del Vercol and all its amenities. This new community is reached via tree-lined streets and squares and includes small apartment buildings (1- to 4-room), townhouses (3- and 4-room) and beautiful villas (4-and 5-room).

You will find Corneilla del Vercol between the Pyrénées Mountains and the Mediterranean sea, in a plain with vineyards facing the majestic mount Canigou.This small Catalan village is located only a few minutes from Perpignan. Its superb roman church and medieval castle, small streets and squares provides an incomparable life style.

The village has all type of shops, schools and sports facilities. One of the most important aspects is Corneilla del Vercol’s location - situated only a few kilometres from beautiful beaches and less than a 100 kilometres from ski resorts. NEW ON THE MARKET!

The Pro’s

- Guaranteed income for up to 9 years (indexed linked)
- Flexible commercial lease with breaking point after year 3 and 6,
- No need to buy the furniture,
- Possibility to break the lease and move into the property at anytime
- Council Tax and service charge paid by the tenant
- No council tax for the 1st two years
- Property entirely managed and looked after
- Reduced notary fees

The Con’s:

- No personal usage allowed for the full length of the lease, unless you break the lease

The Cost:

- 10% of rental income paid to the management company - Land tax (€7 per sqm per annum)

 
     
     
 

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