L'Hermenault, France
L'hermenault is an exceptional land and new build opportunity benefiting from many of the advantages of a self build project such as; Timber frame versatility, co-efficiency and cost.
The project itself will be 42 individual semi and detached dwellings, both modern in design but sympathetic to local surroundings, materials, features and architecture. There are a number of drivers for growth, including the fact that low cost airlines are readily available at three nearby airports, namely Nantes, Poitiers and La Rochelle all within an hours drive to the site itself not to mention the accessibility of the high speed train links from the UK to France. The area is relatively undeveloped and as such the project will increase in value as the infrastructure of this development and surrounding new build developments start.
The land has full planning consent, which although expired is in the process of being reinstated, with the reinstated planning consent in place long before formal contracts are due to be signed.
The area itself adds to the strength of the project, bringing to the table a quaint historic village setting surrounded by trees rolling farmland and a vast array of facilities in the immediate vicinity including a castle, swimming pool, horse riding stables, walking and cycling trails, bars, and restaurants all within walking distance and the nearby Futuroscope and The Pays Du Fou theme parks. The project itself will be forty two modern contemporary semi and detached units specifically designed with the holiday maker and domestic market in mind for optimum rental yield and exit strategy. The site will be boasting a spa to ensure access to the more lucrative top end of the rental and buyer market.
We have exclusive access to premium building land above the picturesque village of Mervent, with stunning views of the forest and surrounded by the meandering Mervent River.
The financial package is exceptional - the investor need only find £2,500.00 to participate in this project. The balance of the purchase can be financed through an 80% mortgage via a panel of French lenders arranged by an experienced French mortgage broker. Combined with this is a top up bridging facility which is not only unsecured, the interest rate is subsidised for the first five years of ownership, with repayments covered by the rental commitment. The final 5% will be paid for by the developer and on top of this all closing costs will be covered and a furniture pack supplied. To maximise investment returns a resort management company will be installed to coordinate bookings and run the day to day business of the overnight stays, together with the operation of the spa.
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