Buy a property in Provence with only 2000 Euro
France has remained a stable real estate market despite the recession continuing to draw investors and holiday home buyers alike. Its real estate law, mortgage qualification procedures and bureaucracy with purchasing through a notaire (notary) with very strict property laws combined with the 2009’s tax incentives for French tax payers has definitely created an attractive purchasing environment making france properties very attractive with investors.
Les Mazets du Ventoux
Les Mazets du Ventoux is development that is taking advantage of this purchasing environment. Les Mazets is an excellent boutique development in Provence which is so strong that one of the most diligent banks in France is offering mortgages on 80% of the VAT inclusive price.
This along with the developer’s incentive of covering closing costs allows investors with good income profiles to buy with only a minimal administration fee of €2000. A guaranteed of income 4.1% generated for 18 years will also provide a monthly surplus if ithe investor take advantage of an interest only mortgage.
The development will feature 18 high quality 1 & 2 bedroom apartments ranging in size from 31 m2 to 69 m2, and will be finished to a luxurious standard including tiling or wooden parquet floors, fully equipped kitchens, upper class bathrooms, flat screen TV and of course all fully furnished.
In addition facilities will also include:
Outdoor heated swimming pool
An Outdoor Jacuzzi
Sauna – Turkish bath
Massage parlour
Park
A service will also feature a personalised reception for the owners including beds and cleaning on arrival and a dedicated ownership service.
Steven Worboys, MD of international property specialist Experience International, stated:
“Increasingly Britons are looking towards the kind of bright and beautifully relaxing places in France that Peter Mayle wrote so famously about twenty years ago and particularly so now that only €2000 is needed to invest in new property in the area. These Charming properties allow you take all the pleasures of Provence and benefit from an excellent location right in the heart of the magnificent French countryside, just a few steps away from the historic centre of Malaucène.”
This beautiful Provence property allows property owners to take the pleasures of the Provence benefiting from an excellent situation in the heart of the magnificent French countryside, just a few steps away from the historic centre of Malaucene.
