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Investment Property » For Sale » France » Aquitaine » Landes » Parentis En Born Leaseback    

Parentis En Born Leaseback


Location

France
Aquitaine
Landes
Biscarosse

Price

€76,266
to €179,577

Delivery date: May 2010
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Property ID: 388046






















     
 

 Description

Key selling points

  • Low Property Prices
  • High yields from 4.98%
  • 3-star ranked residence
  • constructed around verdoyant domain
  • Close to Biscarosse

The Development
Type: From Studios to 3-bed apartments
Price: From €76,266 to €179,577 excl.VAT
Yield: 4.98% excl.VAT
Personal usage: Yes
Lease length: 9 years and 4 months
Delivery date: May 2010
The Parentis en Born residence has a strategic location that is 200 meters away from the Biscarrosse Lake. The architectural design and layout are in perfect harmony with the surrounding natural environment. The development is composed of individual villas within a 60% of pine wooded area.

The residence will have 150 units ranging from studios to 3-bedroom apartments surrounded by the forest in the North and by the lake in the south. There are:
• 32 fishermen’s houses- called “Pêcheurs” - of 2 apartments;
• 4 familial houses - called “Familiales” - of 6 apartments;
• 50 individual villas;
• 2 collective buildings of 6 apartments.

The residence architecture will respect the local building construction and materials. The individual villas will be located in the north part of the development that will respect the traditional Landes wooden-made houses. The frames will be painted with the green-gray colour and the eaves will be constructed with red tiles to reflect the original construction features of the Landes department. In the south part, there will be the fishermen’s houses with the architecture of the original fishermen’s houses that are in the Parentis marine.

The Location
The Parentis en Born commune is located in the northern part of the Landes department. In the middle of the large Gascogne forest, it is on the edge of the Biscarosse-Parentis Lake. This commune has a forest of 12,257 hectares and a Lake.

The Parentis en Born enjoys a unique geographical location because it is the point where the French large lakes cross over. Moreover, there is a crossroads of three main roads to have access to the Atlantic Ocean and its beaches as well as its rich natural environment.

Access
By road:
Marseille : 721 km ;
Paris : 675 km ;
Bordeaux : 80 km ;
Dax: 70 km;
Bayonne: 110 km.
By plane:
Bordeaux Airport.
By train:
By Fast Train- TGV: from Paris Montparnasse to Bordeaux St Jean;
By TER: from Bordeaux St Jean to Ychoux, then by bus from Ychoux to Parentis en Born.

 
     
     
 

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