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Viviun -> AD-124823 :  Fractional Ownership 9 Sea View Condos -Cerbere, France - Sea View Condos For Sale in Cerbere, Languedoc-Roussillon France
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panoramic view from the terrace of the villa..
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Sea View Condos For Sale in Cerbere, Languedoc-Roussillon France

Fractional Ownership 9 Sea View Condos -Cerbere, France

Asking Price: 50,000 € - 82,000 €

Cerbere Sea View Condos -2009

Fractional ownership is a legal structure that allows like minded individuals to buy high net worth properties in 1/4 shares, dramatically reducing the initial purchase cost and the ongoing holding and maintenance costs. Unlike timeshare which allocated usage time fractional ownership gives real estate title to the purchasers either directly or via a holding company owned by the individual purchasers. This gives the fractional purchasers all the benefits of owning a property abroad, fantastic holidays for them and their family, capital appreciation, rental incomes but insulates them against many of the downsides, high purchase cost, high annual costs, high furniture costs, high management costs, long periods that the property will stay empty.

Prices:
1/4 fraction starting from 50,000 -82.000 Euros (fully furnished, managed, 12 weeks per year)
Full ownership from 159,500-269,900 Euros (depending on size)

Presenting a long-term, high appreciation + rental income investment property;
9 Sea View apartments on the Mediterranean Sea,
located in Cerbere, Languedoc-Roussillon, South of France.

Introduction: This is an investment opportunity with a number of profitable options including: an
investment holding of a vacation rental property for long-term capital appreciation + rental income,
or fractional resale of apartments with 60 to 80% gross ROI.

The 9 panoramic, sea-view apartments including; 6 studio, and 3 (1) bedroom apartments, each with
terrace, parking, and a shared garden and swimming pool overlooking the sea. There is space and
possibility for further building on the property of a spacious home or more apartments.

Highlights of the Investment:
• Capital gains tax 0 % after 15 years
• Rental Income Tax @ 7%, (one of the lowest in EU countries)
• Built in Equity due to ‘Bonus Lot’
• Strong demand ‘high-season’ rental property
• Investment secured by Titled Ownership
• Capital Appreciation increased 87% over the last four years in the Languedoc-Roussillon
• Opportunity to convert dollars to Euro investment
• Sea view properties along the French Mediterranean, increasingly rare

Quality. Each of the 9 apartments offer unobstructed views of the Mediterranean Sea. Central to golf,
tennis, horse riding, diving, sailing and windsurfing with truly outstanding French Catalan cuisine, it is
a food and wine haven which hosts a local one star Michelen restaurant. There are numerous diving
clubs offering a view of on of the most exceptional, submerged marine worlds in the Mediterranean. It
is a divers paradise with over 65 hectares of protected submarine reserve. Skiing is found in the
Pyrenees mountains within 1 hour of Cerbere. There are 12 ski resorts in the Catalan Pyrenees, with
200 runs and 150 ski lifts.
Tourism: The Languedoc-Rousillon brings 14 million tourists per year including 4 million foreigners;
100 million over-nights, 3 billion Euro revenue - Languedoc Roussillon is the fourth largest French
tourist region in one of the most visited countries in the world. Easy access from Perpignon and
Girona airports including direct flights from all over Europe.

Catalyst for Growth. Upon the completion of the high speed TGV line between Perpignon and
Barcelona in 2011, travel time between Perpignon and Barcelona will reduce from 2.5 hours to 50
minutes and importantly, Barcelona and Paris will be linked by this Perpignon junction bringing a
serge in population growth, property investment, and tourism. The Spanish will continue to take
advantage of the Languedoc’s less expensive and higher return, Mediterranean seaside investment
property, with an upcoming speedy commute to Barcelona via the new TGV connection.

Climate. Excellent European climate, with 300 days of sunshine, and summer temperatures
averaging 30 degrees Celcius.
Taxes. Rental Income tax in France is 7%, which is one of the lowest in the EU countries. Capital
Gains taxes are reduced by 10% each 5 years after the first 5 years amounting to 0% (Full CGT
exemption) after 15 years holding.
Stability: France is a historically strong and stable market and a safe country to invest in property,
due to its strict buying process and legal system.
Appreciation and Income. Capital appreciation is averaging15% in Cerbere and is expected to peak
in 2011 to 35% (+) as a result of 2 major events: The TGV connection from Barcelona to Perpignan,
coinciding with the height of the global baby-boomer retiring population also in 2011. The arrival of
the TGV in Perpignan will emulate the positive affect on the local property market which Marseille
experienced upon the arrival of the TGV, where capital appreciation rose to 35%.
Investment Details:
• Estimated term of the investment is 10 - 15 years.
• Cap Rate per annum = xxprice of investment / net rental income.
• Capital appreciation 15% (current) – 35% (2011)
• Capital Gains reduced to 0% (15 years holding)
• Self directed IRA investment can be facilitated if required.



There are 6 studio apartments – (3 with extra sleeping decks), and 3 one bedroom apartments. All
have terraces with panoramic views of the sea, personal parking space, shared swimming pool
overlooking the sea, and garden/landscaping.

Apartment sizes range between 220 sq ft and 400 sq feet.

There is enough space on the lot to split it into an extra piece providing room to build a spacious
home or more apartments. Verbal approval has been given by the local Mayor to develop and build
further on this ‘extra’ lot.


Bonus Lot: Subsequent splitting of current parcel verbally approved by Cerbere Mayor. Lot will be
split and official submission for building permits will be contingent on the terms of the purchase
agreement.

Further details and current status with respect to the project will be provided on request.

Return: Using an example of a $100,000 investment the pre-tax return (ROI) can be illustrated as
follows:

Assumes $100,000 investment @ 30 - 60% p.a.


Risks: Each prospective investor should consult their own professional adviser in connection with the
proposal set out herein.

Next Steps:
For more information or reserving a lot, please call US cell + 1530 632 7513

Year Sold Total % Total Return
2009 20- 25% 120,000 -125,000
2010 40-50% 140,000-150,000
2011 60-75% 160,000-175,000


About This Property

Category:Condos
Address:Cerbere
Languedoc-Roussillon
France
For Sale By:Agent
Construction Year:2008
Area:40 m2
Bedrooms:1
Bathrooms:1
Sleeps:2
Stories:2
Parking Spaces:6


Features - Amenities

  • Furnished
  • Appliances
  • Studio Room
 
  • Pool
  • Balcony
  • Terrace
 
  • Ocean View

Pictures  (click to view a larger image)

panoramic view from the terrace of the villa..initial layout of the house..view of the town of Cerbere at the border with Spain..all apartments have unobstructed view to the sea..
the beach of the town of Cerbere..enjoy the local Catalan cuisine and all the French culinary delights..Cerbere hosts on of the largest submarine reservation..


Contact - More Information

Phone:   1 530-632-7513
Site:   www.youtube.com/watch?v=MvVQUvG0mdo
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