Les Jardins de Saint Benoît represents an excellent long or short-term investment opportunity where investment is as much a practical business decision as it is a 'coup de coeur'.
Instigated by the French government to encourage the construction of holiday property, the leaseback scheme means that no VAT is payable on your purchase - a saving of 19.6%.
In leasing back your residence to Garrigae for a period of 9 years, you can receive up to 5.59% in guaranteed rental income per annum. This return is index linked to the INSEE index of construction costs.
The Languedoc (and Narbonne) is experiencing rapid growth in international tourism and now welcomes 10 million visitors annually throughout a year round tourist season. This growth looks set to continue. Reflecting this, the property market in the Languedoc has emerged in recent years as one of the most buoyant in France, and continues to strengthen with the further development and investment in the area. As such your investment offers excellent potential for capital appreciation.
Pricing:
Property Type
Size
Bedrooms
Garden
Pool
Prices from:
Town House
46.27 m2
1
No
No
€235,000
Town House
56.58 m2
2
Small
No
€292,000
Deluxe House
67.36 m2
2
Small
No
€338,000
Town House
82.86 m2
3
Medium
No
€425,000
Villa
107.95 m2
3
Large
Yes
€532,500
Villa
154.88 m2
4
Large
Yes
€625,000
Villa
173.79 m2
5
Large
Yes
€725,000
Purchasing details:
You can buy your home either with a Leaseback option or without. Leaseback enables you to profit from the effective 19,6% price reduction and there are four purchase options available; each one designed to cater to your specific requirements. These range from the pure investment option - for those looking above all for a sound investment with the strongest possible rental returns - through the "pleasure" and "leisure" options for those who wish to spend short or long holidays in their new purchase, to the option of "Home from Home" for those planning on enjoying up to six months of the year in their adopted village.