Le Cap Azure To the Sea
Investing in a holiday home on the glamorous Côte d’Azur is no longer just for the rich and famous, thanks to this beachfront development close to St Tropez.
Le Cap Azur is a luxury, residence to be found in an exceptional situation in Saint-Mandrier on the charming peninsula of Var.
Facing the Mediterranean, the residence provides high quality services that are focused on well-being and lifestyle: the resort offers 1 & 2 bedroom apartments, boasts two pools with magnificent views, a dive centre, jacuzzi, sauna and spa.
Long Term, Affordable Holiday Home-Ownership
The French leaseback scheme is a stable, safe way to invest in property and enjoy all the benefits of a holiday home in France. Invest €130,000 and you’ll have an amazing property where the rental income takes care of the mortgage and all running costs.Each year, your equity in the property grows, thanks to a repayment mortgage and gradual capital growth in the property value.
At the end of the mortgage term, you own the property outright, with no capital gains to pay and little or no tax on the income.
- 1 & 2 bed apartments from €237,000 to €429,000
- Enjoy incredible holidays on the Mediterranean Cote d’Azur
- 3.7% net income, based on 3 weeks’ personal use per year
- Cash Flow positive with on a 34% mortgage contribution
- Government VAT rebate pays back 20% of purchase price
- Property management NEMEA, one of the largest tourist residence operators
Located halfway between Marseille and Saint Tropez, on the Var Peninsula, that provides a sea barrier to the port of Toulon, can be found Saint-Mandrier-sur-Mer.
This small fishing port and marina with its fine sandy beaches and unspoilt creeks offers a calm and serene holiday opportunity.
And yet within a stones throw one can find a varied choice of activities: Scuba Diving, Sailing, Excursions....
Le Cap Azure T2 Floor Plan
About the company Néméa
Based in France The Nemea Group has ensured its constant and strong growth since its creation in 1994.
The group benefits from financial autonomy and capital which is held in total by its director. Since its conception the group has been supported by the same financial institutions.
THE NEMEA GROUP is one of the largest tourism residence managers-operators with more than 50 residences in operation and partnerships with the largest European tour operators.
Néméa Résidences Vacances: manages tourism residences across France.
Néméa Appart'Hotel manages hotel residences in city centres.
Néméa Appart'Etud manages student residences.
Néméa Vacances: travel agency
Registered at the French National Institute of Industrial Property, these brands correspond to specific concept and quality standards in terms of the management, operation, maintenance, coordination, design and choice of residences.
There are two investment formulas available in the Le Cap Azure development:
1. A " Financial Investment " formula without occupation Yield 4.2% excluding taxes.
2.A formula " With occupation " of 3 stays of one week * offering a rent in cash representing a yield of 3.7% excluding taxes.
A reduction of 20% on the public rate for any reservation at the resort through NEMEA.
* Outside the period between the 3rd week of July and the 2nd week of September included.