Apartment for sale in Saint-Mandrier-sur-Mer, Var, Provence-Alpes-Côte d'Azur, France

89K7YW
Reference
£173,800
Price GBP

On the beach front facing the Mediterranean From €196,000 to €358,000

Located in the South of France, the Côte d’Azur is the leading tourist destination in France whether for the French tourists or for the foreign tourists, with among 10 million tourists each year. The city of Saint-Mandrier-sur-mer is well-known for its preserved heritage and the atmosphere of a village, and offers outstanding panoramas over the Mediterranean Sea and the pine forest. This is a small and peaceful city with sandy beaches and preserved natural areas and is also known for its 300 days of sun per year.

1-2 bedrooms apartments, In. & outdoor pools, spa, gym, kids club On the beach front facing the Mediterranean

Fully Managed property - Enjoy your property 3 weeks a year

Up to 4,2 % yield.

BY ROADToulon : 14 km Marseille : 72 km Saint-Tropez : 83 km Cannes : 140 km Nice : 164 km

BY TRAINToulon TGV station : 30 min

BY PLANEMarseille international airport : 1h20

A Managed Property or a Leaseback, also known as “tourist residence”, is a property like any other property, except that it is operated by a Management Company for a period of at least 9 years. The Management Company takes care of the property on the investor’s behalf, for the duration of the lease. It also undertakes to pay the investor a regular rental income (which is usually between 2 and 6% of the purchase price). A Managed Property is a fully furnished property in a resort which often includes different type of facilities such as parking spaces, a swimming-pool, restaurant, Fitness room, children’s club etc. These kinds of properties are well-maintained by the Management Company, as it is in their interest to keep them in perfect condition so that they can be more easily rented.In a leaseback scheme, the French government refunds 20 % VAT to the owner.

Approximate location of property 89K7YW