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Aquitaine Leaseback Property


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Le Clos des Vignes – Leaseback properties in Dordogne

Aquitaine Leaseback Development Summary

Ready: 3rd quarter 2005
Prices from: € 81,416 Yield: 5.00%

(Currency Converter)

Lease Length: 0.00 years
Personal Occupation? Yes
    
(please quote Agent REF No)
 
Town / City: Bergerac  
Department: Dordogne 
Region: Aquitaine  
 
Locality: Rural
Villa / Chalets: Yes   Apartments: Yes
Studios: No   Stars:
     
 
 
Once the capital of protestantism (16th Century), Bergerac’s prosperity was based on the River Dordogne, with the ancient town built around the port. Today this lovely little town at the gates of the Bordelais region is still busy possessing one major advantage: it is the heart of a wine region with prestigious “appelations” such as Bergerac, Montravel, Pecharmant, and Monbazillac. The majestic Monbazillac Chateau is only four miles away to Bergerac. The vineyards of Bergerac cover more than 25,000 acres concentrated along the Dordogne valley and around Bergerac. Dordogne reveals a fantastic scene from traditional France: timeless villages of golden stone, hilltop castles shining like visions from a medieval tale, and towering oak forests where a knight on a white horse might not look out of place. Dordogne is a department of the Aquitaine region in southwest France within which we find the famous Perigord. Aquitaine also encompasses Bordeaux and the wine country east of Bordeaux. A legend pretends that when God distributed his castles, he started by the Loire Valley. Going far away from there, his bag burst over the Dordogne river and the Perigord region will be eternally thankful for his clumsiness! The Perigord, rich and fertile country, is densely forested and crisscrossed by rivers flowing from the plateau of the Massif Central out to the Atlantic. Of these, the Dordogne has carved out through the center a beautiful winding valley of gentle greenery. Many Stone Age relics and caves have been found here dating from around 20,000 years ago. In the village markets, the fruit and vegetables, nuts, and mushrooms of every description bear witness to the region's self-sufficiency in food.

Access:
• By air:
• London – Bergerac
• Bristol – Bordeaux
• Belfast- Bordeaux
• Southampton – Bordeaux

• Bordeaux – Bergerac:104 km

There are 86 apartments and 58 villas 119 parking places

Price range:

Apartment :
One bedroom: €81,416 VAT excl.
Three bedrooms( two levels): €159,260 VAT excl.

Villa:
One bedroom: €89,190 VAT excl.
Two bedrooms: €110,000 VAT excl.
Three bedrooms: €134,500 VAT excl.

The properties are sold furnished

Yield:

Option A: A yield of 5% without free personal use

Option B: The owners can use their property up to 8 weeks and calculate their yield according to how many weeks occupation they will choose and when they wish to occupy their property (High, medium, or low season).

The yield is calculated as follows:

Personal use during very High Season:
Number of weeks x coefficient 0.60 = - ……. %

Personal use during High Season :
Number of weeks x coefficient 0.40 = -…….. %

Personal use during Middle Season:
Number of weeks x coefficient 0.40 = - ……%

Personal use during Low Season:
Number of weeks x coefficient 0.20 = -……. %

Yield = 5% - (Number of weeks x Coefficient)

Completion:
3rd quarter of 2005

Contact Leslie for more information about this Aquitaine Leaseback development and for the latest availability in Bergerac.



Disclaimer:  1st for Property LTD acts independently locating properties in France with Immobilier, Notaires, Agents Commerciale and Private Individuals. All information on www.1st-for-french-leasebacks.co.uk is believed correct at the time of publishing and is provided in good faith but is published by independent third parties. Information provided by 1st for Property LTD is intended for indicative purposes and does not form part of a contract. 1st for Property LTD cannot accept responsibility for any losses arising from information, errors or omissions provided on the website. You are advised to seek appropriate professional advice before making any decisions based on the information provided.



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