4 Bedroom New Resort for Sale in Saint Augustin, Poitou-charentes, France - ID: 5871003
£318,121 - 4 Bed New Resort
Saint Augustin, Charente-Maritime, Poitou-Charentes, France
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# 5871003 - £318,121 - 4 Bed New Resort, Saint Augustin, Charente-maritime, Poitou-charentes, France
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La Foret d'Armotte
Saint Augustin, Charente-Maritime, Poitou-Charentes, France
Unit Price(s)
4 bedroom villa
  • GBP Price: £318,120
  • EUR Price: €399,800
  • USD Price: $527,649
Key Selling Points
  • 80% finance (subject to status)
  • Good rental yield
  • Buy classic or sign a rental management mandate
  • A bath/shower room for every bedroom
  • VAT rebate of 45800 Euros
  • Private swimming pool
  • A few minutes from the beaches and golf courses
  • One of the most popular tourist destinations in France
  • Onsite facilities include a tennis court- petanque pitch & reception
Brief Introduction
ID: 5871003
Luxury Health and SPA resort in South-West France just a few minutes from the golf courses and beaches. Comprising 20 four bedroom detached villas with private gardens, jacuzzis and pools. 80% finance option available, subject to status.
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Property Attributes

Investment Features

Residential Letting, Low Risk Profile, Positive Cashflow, Personal Use, Highly Geared, Fast Growth

Amenities & Services

Fully Managed, Tennis Court, Parking, Security, Concierge, Clubhouse, Communal Gardens, Gym, Laundry, Linen Change, Maid Service, Nightlife, Playground, Restaurants, Schools, Shops, Tourist Attractions, Train Station

Fixtures-Fittings-Furnishings

Fully Furnished

Lifestyle features

Tourist Letting, Marina, Equestrian, Fishing, Golf, Beach, Spa

Property Features

Terrace, Allocated Parking, Central Heating, Deck, Disabled Access, Double Glazing, Electric Heating, Ensuite, Fitted Bathroom, Fitted Kitchen, Fitted Wardrobes, French Doors, Jacuzzi, Off Street Parking

Building Characteristics

Freehold, Furnished, Gated Community, South Facing
Full DescriptionID:5871003

Why Invest in La Foret d'Armotte?

Apart from the obvious lifestyle benefits of owning a property in this luxury residence this really stacks up as a solid, no-hassle, profitable investment. FRANCE IS A SECURE ECONOMY & POLITICALLY STABLE:

• It is the 2nd largest economy in Europe and the 5th largest in the world with a GDP of $2.61 trillion in 2012

• The buying process is known to be the safest in the world

• It is a low risk place to invest due to its secure legal system and stable political system

• The property market doesn’t tend to suffer booms & busts due to the strict lending criteria of French banks

Location

The residence is located on the edge of the pretty village of St Augustin-sur-mer in South West France situated between the fabulous towns of La Rochelle and Bordeaux and the islands of Ile de Re and Ile d'Oleron are a short drive away and the seaside resorts of Royan and St Palais are 8km and 4km away respectively. 3 international airports are between 45 mins and 2hrs drive away. Access is easy with a TGV station at La Rochelle, a train station at Royan, regular bus routes to St Augustin while La Rochelle airport is under an hour away and Bordeaux just an hour and a half away.  La Forêt d’Armotte is perfectly located on the edge of a forest, a few minutes to the beach and golf courses and 500m from the village centre of Saint-Augustin-Sur-Mer. 

The Resort 

La Foret d'Armotte is a luxury health & spa resort. The development comprises 20 stylish 4 bed, 4 bath detached villas each with their own private parking places, garden, pool, jacuzzi and terrace. Both the interior and exterior of the properties combine the best of classic architecture with contemporary design and are finished to the highest specifications. They come complete with fitted and equipped kitchens and a full furniture and equipment package so that they are ready to rent out or use immediately with the minimum of fuss for the purchasers. The SPA resort itself comprises a tennis court, petanque area, recreational area and reception to rent your property out for you (if you wish), provide cleaing and linen change services and generally be on hand to help those staying at the residence. The resort will be open all year round and will attract a good mix of international and French holiday makers. 

Options for purchasers at La Forêt d’Armotte:

1. Holiday Lets:

A rental management agreement is signed and a 65/35 share of the rental income on the property is paid to the owner (65% for the owner and 35% for the management company). Based on current weekly rental prices owners can expect a NET rent after agency commission and running costs of 7.1% per annum (based on 18 weeks per year being rented out). In this case the property qualifies for a VAT rebate of 20%.

2. Long term rental:

Rent your villa out on a long term basis to people wishing to live in the villa permanently. These are usually 3 year rolling contracts but can be modified to suit both parties.

3. Classic purchase:

No management contract signed and the owner can come and go as he/she wishes.

Management

The management company will be Odalys; the 2nd largest management company in France with an annual turnover of 212m Euros (7.9m Euros profit) in 2012. Odalys manages 328 residences across Europe (115,000 beds) and had 2.2 million clients in 2012.

 

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