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Domaine du Bois des Harcholins
Property Details Domaine du Bois des Harcholins is a French leaseback investment opportunity, being constructed and managed by one of Europes leading international tour operators – Pierre & Vacances. The project at Domaine du Bois des Harcholims will come under their Centre Parcs umbrella, offering a host of facilities in a year round holiday complex. As with traditional leasebacks, the managing company will lease back your freehold investment and pay you a guaranteed rental return each year of up to 4.88%, depending on the amount of personal use you intend. Leases at Domaine du Bois des Harcholins run for 9 years and are renewable for a further two periods of nine years. Lease returns are index linked, and with the favourable approach shown by French mortgage lenders, as well as the 19.6% VAT refund offered by the French government, this product allows the opportunity to invest with a small deposit and finance the balance (“gearing”) as well as providing a long term rental yield. Each of the 870 cottages that will be on site offers en-suite facilities for each of the bedrooms, spacious lounge with fireplace, and the larger properties have their own sauna or steam bath. All of the cottages are delivered fully furnished. Location Located in Moselle, at the gateways to 3 European countries: Belgium, Luxemburg, and Germany, the “Bois des Harcholins” is a domain open to Europe, accessible by TGV high speed train from Paris. Google Earth coordinates 48º32’43.38”N 06º57’52.05”E - Click for Google Map
Why is this such a good investment? Pierre y Vacances have been leaders in the European holiday industry for 40 years, and their international brand “Centre Parcs” is well known throughout the world. Their position within the industry not only suggests that they will create a sensational vacation experience, but also that your investment has been wisely located and will appreciate in value throughout its term. Although all French leasebacks have certain restrictions on them in terms of permanent living, there is still a strong resale market for this type of investment. Furthermore, the payment schedule is very user friendly - 2% on reservation, and 13% on contract. The remainder can be financed, or 40% paid during construction with 45% due on completion – March 2010. However, the real benefit in an investment of this nature is the guaranteed annual return. If you took the maximum leaseback option available, the property would have paid for itself by year 15. You will continue to receive an income for at least the next 12 years (ideal as a pension supplement), enjoy excellent holidays and own an asset currently appreciating at 9% per annum. Options with up to 6 weeks personal use are available. Please ask for details and financial projections. The price quoted is after VAT refund and includes the furniture package. Download the full development brochure here Floor plans
Getting there The closest airports of Metz-Nancy-Lorraine and Mannheim have no direct flights from the UK, however, it is simple, convenient and inexpensive to fly into Luxembourg and drive to the resort (approximately 120km). Flights from London City (4 times daily) and London Heathrow (twice daily) are available on www.luxair.lu, whilst flights from Manchester (4 flights daily) and London Gatwick (twice daily) can be found on www.ba.com. Direct daily flights are also available from the Isle of Man and Jersey with www.flyvlm.com. Eurostar train services via Paris are also a quick and simple, with the journey from Paris to nearby Metz, taking under 90 minutes – see www.eurostar.com. It is also possible to drive. The journey from London takes a little under 7 hours. Services 24 hour security, Gated community, Restaurants, Bars, Shops, Sports Centre, Spa, Lagoon, River Rapids, Indoor Pool, Outdoor Pool, Bowling Benefits
To receive a full financial projection for this project, and to be contacted to discuss this development in detail, please complete your contact information below.
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