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  • 1
  • Normandy
Price £134,007

Property Description

Les Dunettes residence is a luxury development in classic Norman style, offering 1 to 2 bed furnished and equipped apartments, nestled in a landscaped park with a heated swimming pool, only 500 metres from the beach.Property type: New build Leaseback apartmentsAddress: CabourgAccommodation: 1 to 2 bedroomsPrices: €168K to 196K Size: 33.44 sqm to 39 sqmDeposit: 5% to notary Delivery date: 3Q2012Yield: 4.2% Sales office: yesThe developmentLes Dunettes residence is a luxury development in classic Norman style, offering 1 to 2 bed furnished and equipped apartments, nestled in a landscaped park with a heated swimming pool, only 500 metres from the beach. Each apartment has been furnished and decorated with great care (many are duplex), boasting fitted kitchens and tiled bathrooms, as well as parking spaces, and for some, balconies terraces or private gardens.The locationCabourg is an exceptional seaside resort located on the Cote Fleurie (the flowery coast), between Deauville and Caen, a superb location, under 2 hours from Paris. Its beach is known as the “romantic beach” and is considered the queen of beaches along the Cote Fleurie. Fine, white sand stretches for miles, so it’s no wonder why. Cabourg is also home to the oldest golf course in Normandy, "Le Home". Created in 1907 by Lane Jackson, the course offers some spectacular views (be careful or your ball could end up on the beach!), challenging holes and various competitions throughout the year. Cabourg itself is a lovely town, with plenty of late 19th earlier 20th century architecture that remains remarkably well preserved. In terms of amenities, Cabourg offers plenty of restaurants, bars, shops and a market. Culturally, there is always something to do, whether it be a baroque music concert, games nights, festivals, exhibitions, garden tours, races or tea dances- there is something to suit everyone. Further afield, the surrounding area offers plenty of unspoilt undulating countryside, dotted with sleepy Norman villages, historical monuments and more besides.ActivitiesA range of activities are available in and around Cabourg- jet skiing, sailing and other water sports as well as golf, horse riding, karting, fishing and tennis for those who’d rather stay on dry land.Local food and specialitiesThe Calvados department is known for its dairy produce- butter, cream and various cheeses such as Camembert, Pont l’Eveque and Livarot. Popular dishes include tripes a la mode de Caen (a dish going back to the Middle Ages with tripe), Andouille de Vire (chitterlings), caramel from Isigny sur Mer, teurgoule (a sort of rice pudding with cinnamon). To drink, cider and the famous Calvados alcohol (cider brandy) must be sampled.The management companyThe company exclusively managing this residence is listed on the French stock market and has been operating in the tourism industry in France, Corsica, Italy, Spain and Croatia since 1998. It is number 2 on the vacation rental market in France, offering 92,000 beds among 280 residences, welcoming 1.9 million holiday makers each year, for a turnover of €142M in 2009. The management company was structured around three vocations: exploitation, marketing and administration of property, assuring the most complete mastery of the facilities it operates and the guarantee of providing the best professional services to its customers.Financing We have our own French mortgage brokerage service in order to find the most suitable mortgage for each client. Whether you want an interest-only mortgage, a traditional repayment mortgage or hybrid mortgage, we can find the right mortgage for you.The investment schemeYour property will be managed by a well known business management specialist.The buyer will get 19.6% VAT cash backRental income paid twice a yearUp to 4.2% - In addition as an owner you will benefit from a 20% reduction on the advertised price to stay at these resorts.Access Cabourg is 25 minutes from Deauville and Caen, 40 minutes from Honfleur and an hour from Le Havre.By car: at Pont l’Eveque connect to the A13 (autoroute de Normandie), take exit 29 then D400 to Cabourg.By train: in season a local train connects Trouville-Deauville and Dives-Cabourg. Out of season, buses will connect you. From Trouville-Deauville trains take you to Paris.By plane: Caen-Carpiquet Airport is only 35 minutes away with regular flights to London, French and European destinations. By ferry: Caen-Ouistreham port is only 20 minutes away for ferries to the UK (Portsmouth), and Le Havre is an hour away (Rosslare/Portsmouth).

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