Studio for sale in 23300 La Souterraine, France

Studio for sale 1
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Property description

Property Features Location: La Souterraine, Limousin, France Bedrooms: 0 Bathrooms: 1 Internal Area: 25 m2 External Area: 0 m2 Properties For Sale • Luxury Studio 25m2 - Fractional Ownership (1 Share) Euros 17,230 - Full Ownership Euros 224,000 • 1 Bedroom Apartments 48m2 - Fractional Ownership (1 Share) Euros 26,000 - Full Ownership Euros 339,000 • 2 Bedroom Apartments 80m2 - Fractional Ownership (1 Share) Euros 42,230 - Full Ownership Euros 549,000 • 3/4 Bedroom 'Treehouses 160m2 Fractional Ownership (1 Share) Euros 96,000 - Full Ownership Euros 1250,000 The choice of accommodation is set within a private French village which will offer over 60 facilities including an 18-hole golf course, an idyllic French spa, two fishing lakes, a fine dining restaurant, a sommelier’s wine and cocktail bar, sport and equestrian facilities - something for all the family. A selection of beautiful suites and apartments are being renovated and refurbished to the highest specification and will provide spacious, luxurious accommodation in a stunning and natural setting, all fully managed and finished to an exceptional level. The Opportunity 11 year fixed rental returns of up to 8% 6% 5 years, 8% 5 years Co-ownership from €17,230 -€96,000 Full ownership from €224,000 ( including tva) Fully managed to the very highest standard by a renowned hotel group Assured resale options available up to 150% 25% discount for owners who use the luxury facilities Part of the largest hotel group in the world Flexible personal usage options Clear exit strategies in place Multiple fractions can be purchased Viewing trips available from €179 Part of the French leaseback scheme: Tva can be claimed back in full All returns are net of ownership costs Full ownership: 4 free weeks usage and full return What is fractional ownership? Fractional ownership allows several unconnected investors to safely combine their resources with a low initial outlay to collectively own a luxury property. This is attractive for the following reasons: A) Traditional holiday property ownership may not be easily affordable. B) Any costs of ownership are shared. C) Fractional ownership offers a safe, legal and fair way to collectively buy a holiday property, share the title deeds, share income that is generated and the time which the property can be used Owners are ‘tenants in common equal shares’ Where there are 13 memberships, every owner receives 4 weeks each per annum to use or lease back to the management company to generate income • Usage bookings are taken annually each February. Any weeks that have not been reserved, will automatically be entered into the rental scheme. • Memberships can be sold on at any time and members will directly benefit from the capital appreciation of the property The above can be described as: A) Fractional Ownership. B) Co-ownership of the title deed. C) Share of the freehold title Key Differences between Fractional Ownership and Timeshare Fractional ownership - each member owns a membership of a company which owns the bricks and mortar and owns the title deed. You benefit from any increase in value of your property when you sell, you benefit from rental income and from all capital appreciation. Timeshare gives access to a property, the right to use it for a fixed time each annum. Although you are not the owner of the property, maintenance costs remain applicable Summary of Benefits • Own a luxury fully managed holiday property at a fraction of the price. • Only a fraction of the financial commitment. • Only pay for what you would like to use. • Shared costs • Benefit from any capital appreciation. • By inclusion in a "Last Will and Testament", fractional purchases are an asset that can legally be transferred. • A great way of creating a mixed portfolio, purchasing in different styles of properties in varied locations. • Use, rent and sell – flexibility to make the very most of your property. • Tax efficient way to buy, own and sell property Exchange rates may vary, ask us about currency exchange companies Please contact us for more details For the avoidance of any doubt Eden International Property Consultants Ltd. Is not regulated or licensed by the Financial Conduct Authority (fca) to give investment or financial advice or to provide any tax or legal advice. All information provided by Eden International Property Consultants Ltd is intended as general information and should never be treated as giving advice or making a recommendation

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Eden International Property Consultants, and do not constitute property particulars. Please contact Eden International Property Consultants for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.