AN INTELLIGENT PURCHASE
A solid investment and luxury lifestyle
Rent your villa out or live in it yourself: you choose
La Foret d'Armotte is unique in many ways, not least because of the quality of the properties and the services and equipment on site but also because it is the only development that has been set-up to allow property owners to actually earn a very good rental income from their property when they are not there but with no obligation whatsoever to do so. In this way owners have the best of both worlds and offers them great flexibility and therefore appeals to second home buyers, permanent residents and investors alike.
As it complies with a government tax scheme there is no or very little income tax to pay on the rental income if the villa is rented out even if buying with cash so with a projected NET rent of 4.7% (if 18 weeks rented out) makes it very attractive either as an investment or holiday home or both. Also, interest rates start from as low as 3.5% making it an ideal time to buy in France.
The price for the 124m2 villa is 474,167 Euros ex VAT (569,000 Euros inc VAT) and with mortgages at 70% LTV you only have to find the 30% deposit plus the notaire fees of about 1% (reduced from 8%) plus mortgage reg fees to purchase here. So for less than 100,000 Euros you can now buy your dream home safe in the knowledge that it is also a very sensible investment.
As the villas are full maintained and managed on your behalf you can just come here on holiday when it suits you knowing everything will be clean and in good working order and you can just sit back and earn the rental income for the rest of the year without having to lift a finger.