Property Details: Corsica, Haute-Corse, Corsica, €110,000

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Key Features

  • Property type: Apartment
  • Number of bedrooms: 1
  • Square metres: 30
  • Swimming Pool: Yes
  • Bathrooms: 1
  • New Property: Yes
  • France Property Shop ID: 8366

Description

YOUR PRIVATE PARADISE AWAITS


Top rated destination chosen by over 2 million tourists per year boasting an excellent location in Borgo close to Bastia, 15 minutes from the Bastia Airport, 20 minutes from Bastia centre, in the Marana region of the island of Corsica. The beauty of Corsica is uncomparable, with its clear waters, romantic beach castles, quiet corners reached by antique island trains that run through lush pine forests. Corsica is one of the most beautiful places on earth and by far the most unforgettable.

Owners will have direct access to Corsican beaches, only steps away from your front door. The residence boasts an excellent placement in the heart of an 18 hectare pine forest. In addition, owners will benefit from top quality facitilities include:

300 square metres outdoor swimming pool
Children's pool and beach area
Restaurant, beach bar, library, laundry facilities and wireless internet cafe
Tennis courts, basketball court, beach volley court
Families are welcome as there is plenty to do even for the kids who can pass their time at Leoland, their own private getaway for fun and games. Adults may take up wind surfing or jet ski in the nautic area right off the beach.

The residence comprises 100 total logements that have been entirely renovated this year. Kitchens are fully equipped and completely new and ready to use. the residence will be fully managed by one of France's most renowned groups, taking care of everything from finding tenants to residence up-keep. Rental income will be guaranteed by a commercial lease and paid directly via the management company to property owners. The management compnay backing this project boasts an impressive portfolio with over 157 destinations in France and throughout the world servicing over 65 000 beds and hosting over 700 000 clients per year.

Investors will be purchasing their property under the French leaseback scheme benefitting from a rental income paid net and guaranteed by a commercial lease. Property owners will have the opportunity to use and vacation within their property and receive up to a 20% idiscount off the public rate when staying within the residence concerned or any other residence serviced by the same management company. This allows owners to vacation where and when they want for attractive discount prices while still earning income off of their investment.


BORGO PINETO
France, Mediterranean Coast, Corsica

One Bedroom 30m² to 30m² Euros 110,000 to 110,000 Euros
Two Bedrooms 40m² to 40m² Euros 152,000 to Euros 152,000

Guaranteed Buy to Let - Leaseback
GUARANTEED RENTAL INCOME UP TO: 4.29%

French mortgages - Best buy table

Based on loan amount of €250,000

Type of mortgage Maximum LTVStarting Rates fromInterest onlyMonthly payments*Request quote
Variable rate 90%5.25%No
€1,685 Get a quote now from IPF
Variable rate 80%5.10%Yes€1,063Get a quote now from IPF
Fixed rate 80%5.10%No€1,664 Get a quote now from IPF
Fixed rate 80%5.75%Yes€1,198Get a quote now from IPF
Leaseback 80%4.80%No€1,622 Get a quote now from IPF

Lower interest rates will be available at different LTVs (loan to values)

*Based on a 20 year term

This information should only be used as a guide. All product specifications will depend on the individual’s financial circumstances. The products mentioned here are for non-resident clients, other products will be available for residents. For a personalised French mortgage quote please contact International Private Finance Ltd or submit your information online.
Information correct as of 09/07/08.

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