2006/10/05

Provence Bordering the Mediterranean with an Index-Linked Guaranteed Rental Income

IMOINVEST are pleased to bring to the market an opportunity to invest in a highly sought after area of the French Mediterranean Coast that offers an index linked guaranteed rental income of up to 4.7%.

Mas des Arenes is located in Mouries on the South West coast of France on the Gulf of Lion. Italy borders it to the northwest and the French island of Corsica lies southeast in the Mediterranean. Mouries is situated between Avignon and Aries in the heart of the Provence and is renowned as the largest olive growing community in France.

Andrea Marie Portugal Marketing Manager of IMOINVEST says, “Mas Des Arenes is a splendid opportunity to purchase a leaseback property in a modern yet traditionally built development in an area of outstanding beauty. Everything about this development and the picturesque village of Mouries is typically French and will be of special interest to the thousands of UK investors who flock to France each year looking for holiday homes and investment opportunities. Only 22km from Aries and lying between Les Baux de Provence and Salon de Provence Mouries it also boasts a traditional bullring which can accommodate up to 3000 people.”

Mas des Arenes brings to the market a selection of one, two and three bedroom properties all built in a traditional style and blending in beautifully with the surrounding architecture and countryside. The resort boasts an outdoor communal swimming pool set in large landscaped gardens along with over 200m2 of communal space including a reception area, lounge and baggage check area.

Julien Lu the UK Regional Director of IMOINVEST says, “This is a first rate opportunity to acquire a leaseback property on the French Riviera at a very tempting price. With a guaranteed index linked rental income of up to 4.7% investors will also be eligible to receive a 19.6% VAT refund after purchase. Investors will also have piece of mind as the residence will be completely serviced by one of France’s top management companies.”

Prices start from just £75,798 and completion is due for the fourth quarter of 2008.

For a complete list of French Properties available through IMOINVEST please click HERE.

(PHOTO CAPTION: Mas des Arenes in Mouries on the French Mediterranean Coast available through IMOINVEST)

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