French Island - Investment Holiday Home location
Ile de Re lies on the West coast of France, 3 km from La Rochelle, connected by a bridge. It means this island stretching 30km by 5 km has the best of both worlds, the peace and tranquillity of island living, with all the amenities likes shops, restaurants, beaches, sports activities, medical care, hotels – but access to all the mainland cities, airports and train stations. This is the place to be if you want to cycle lots, given the sparsity of cars and vehicles on the island. And there are two beaches less than a km away from the complex
Distances: La Rochelle 3km, Rochefort 45 km, Nantes 140km, Bordeaux 190 km
Paris is 3 hours by high speed train link TGV via La Rochelle. This means the island is accessible via all modes of transport, airplane, high speed train, car, public bus or coach.
London is 6 hours by train to La Rochelle.
The island is famous in France and among international holidaymakers, for its unique setting and beautiful location base for holidays. It is 5km at its widest point, with 50 km of beaches. Year round it has 180,000 inhabitants, a number which increases tenfold during the Summer months. Given its location, it enjoys prolonged sunshine of 230-290 days per year, similar to those of the South Eastern French coast.
Famous not only for the ambience, but also its food, in particular its oysters and fish.
The island has a wonderful small fishing port, Saint Martin, with quaint streets for shopping along or strolling through. The port also serves passenger boats to and from the mainland.
This Managed Property, village holiday home complex
This offers a fairly unique opportunity, given it is new build and off-plan buying is pretty unheard of on the island, given its rarity.
Close to the mainland end of the island, this peaceful, family village enjoys a 14km beach on the Northern coast as well as a 2km beach on the Southern coast. It has a range of facilities, a pool, seminar room, sauna fitness, gymnasium, breakfast room, reception area. The island’s water sport facilities attract those who want an active element to their holidays, like water skiing, windsurfing, sailing, cycling, tennis, golf. These amenities mean it is an attractive rental complex for year-round activities for businesses and for leisure.
87 apartments from studio to 2 bed duplexes, fully equipped and fitted out. Kitchens are fitted with fridge, extractor hoods, vitro-ceramic cooktops, sink, microwave oven, dishwasher. Bathrooms have a shower, washbasin, electric towel dryer, mirror. Bedrooms have wardrobe storage. Rooms have air cooling and heating system.
Ile de Re - investment home management company
The facilities will be run by a well-established and reputable operator. Established in 1998, they operate and manage over 350 residences and sites. They receive over 90% satisfaction ratings from users and visitors to their facilities and residences.
The Management Company is a key player in the tourist residence management sector thanks to its in-depth knowledge of the market and a renowned level of professionalism.
The company is partner with the largest European tour operators and has already a wide range of locations and a high rate of customer loyalty. This means you don't have to worry about demand-generation and occupancy, as it is already covered by a fully experienced operator
Managed Property - holiday home - timings
Home reservations take place from mid-end 2016
The properties are planned to be ready by mid 2018
Pricing is from €111,849 to €269,258 on units ranging in size from 23-55 sqm
Studio apartments, 1 bed apartments and 2 bed duplexes are available.
These French investment homes are operated on a 10 year leaseback model with contracts running to 30th September 2029
Il de Re investment holiday homes - the returns
4% yield (ready furnished) or 4.1% without furniture
The prices are discounted to the market, where most of the properties are resale, not new. This means, when comparing the prices to the rest of the market, they are up to 18% less, when comparing average price per square meter.
There is a personal usage option included for those who want to mix investment returns with personal usage. A points system operates for weekends and week slots, and are graded between low season to peak season. Please get in touch to see how this might work for you.
Exit options include selling the unit on via the management company, who have an established track record on doing this.
Please get in contact for more details using the 'Request More Details' form below