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FRENCH leaseback schemes remain popular with Irish investors, particularly when new developments offer more high-end luxury and sumptuousness than ever. A new development by Kaufman and Broad (one of the most prestigious in France), managed by DVS is offering Irish clients a mix of huge gardens (1,000sq m), stone and brick built, fully furnished houses, set amid stunning woodland, surrounded by a lake, next to a golf course, and near the sea.
The construction is to a very high level and architecturally designed to blend in naturally with the forest environment. There are only 13 two- and three-bed houses on offer, all with fully equipped kitchens, parking and storage.
"This a great investment and buyers can spend one week a year here, or more time at a reduced price. There's loads to do, with horseriding, golf and Lacanau village just one minute away, " asserts Terence O'Mahony, Director of Springville Overseas Properties Ltd.
Lacanau is only 40 minutes from Bordeaux with direct flights from Dublin with Aer Lingus.
Houses cost from 172,555 fully furnished, excluding VAT. Leaseback is on a nine-year basis plus one week free usage. Rental yield is 4.5% index linked (index has been increasing steadily over the last 20 years).
Springvale Overseas Properties Ltd is launching these properties at SAS St Helen's Hotel, Stillorgan Road, Dublin on Saturday 23 and Sunday 24 September from 12 noon to 6pm. Further information, contact 01 497 9403.
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YOU ARE HERE: 19 March 2007 / tribune.ie / 2006 / 09 / 16
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