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Project Name: Village du Haut Val Location Belleme is just 2 hours from Paris and at the heart of the Perche natural park. The local area has a rich cultural and natural heritage, with endless manors and historic sites to visit along with a number of gardens open to the public and a wide variety of local gastronomy. The resident village itself is nestled at the centre of the Golf de Belleme Saint Martin, which has horse riding stables, interior/exterior swimming pool, bistro, club house and pro shop. Completion Date Last Quarter 2008 Investment Structure Freehold Rental Program There is a guaranteed return of 4.5% for the duration of the leaseback, which is 9 years initially. Under this program you are entitled 30 days free personal use. Payment Structure 5% initial deposit More reasons to invest in France A modification to French law relating to VAT on leasebacks means that they can now be sold on at any time without tax penalties. New data reveals that French property total returns 21.7% by the end of 2006 across all sectors. France holds second place out of the European countries that have already published their annual indices, behind Ireland (27.2%), but ahead of the UK (18.1%), Denmark (17.8%), Norway (17.6%), Sweden (16.2%), Netherlands (12.5%) and Portugal (12.0%), which indicates a robust property investment market. Recently named as the world’s top tourist destination in 2006, France attracted 78 million visitors last year. Although purchasing in France can be considered to be a lot of ‘red tape’ the purchase process is completely transparent and offers unparalleled security for purchasers. Inflation remains very low, less than that of Germany, Italy or Spain. France is very stable politically as well as economically. | |||||||||||||
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