Full Description

Dream holiday-home with costs covered by a 5.2% contractually guaranteed rental income... Discover this warm and authentic village, Belgodere Palasca, located in the heart of the Balagne in Upper Corsica. With amazing views over the Corsican landscapes, Residence Lozari is located on the Lozari beach, one of Corsica's finest stretches of beach, nestled under the shade a 25-hectare pine forest. In a rare, prestigious and natural setting the site stands out offering a truly remarkable location. In this unique environment, between pine trees, bathed in sun, the resort offers cottages and duplex townhouses clustered into private hamlets and graced with Corsican architecture. The beach is a stone's throw away and the views are unforgettable.

The cottages blend in well with local tradition, combining tiled roofs, warm colour schemes and spacious living areas. Cottages are all terraced with conservatories to take advantage of the exceptional 300 days of sunshine this paradisiacal island has to offer. The site is dedicated to relaxation and vitality, offering a varied range of activities so that there is something for everyone to enjoy.

The residence will be managed by a major player in leisure accommodation in France, relieving owners of all issues in connection with renting your asset. Offering a very high standard of service the management company backing this project will guarantee rental income for a minimum of 11 years (renewable). Knowing that the guarantee is only as good as the management company backing the project, this investment project has been carefully selected providing a management group with over 50 years of experience in holiday accommodation, offering incomparable selections of clubs, tourist residences and hotels in unique settings. These sites are carefully preserved and protection is one of the top priorities of the management group to ensure that future generations may enjoy the treasures of these natural destinations. Today with a turnover of €155 million and growth of 9.5% in 2007, the group backing this project has confirmed its position as one of the top contenders in the management of holiday accommodation.

Residence Lozari  
France-Upper Corsica

One Bedroom   €119,000

Leaseback
Max rental return: 5.2%