Mervent Forest - Vendee, France

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Mervent Forest

Property ID:13286
Inspection Trip:From ˆ149
Rental Advertising Package: 5 year(s) (Whats this?)
Key Selling Point : Fantastic Dwellings set in Beautiful Forest Area!!
Summary
No of Bedrooms: 3
Type: Detached Dwellings
Location Type: Countryside
Area: 0.00
60 Km from Nantes > More
Want More Information
 
 
Speak to Independent Advisor
Tel : 028 3083 4015 (Lo-call) (From UK)
Tel : 0044 28 3083 4015 (outside uk)
Mervent Forest 3 Bedroom(s)
 

Exceptional Land & New Build Investment Mervent Forest France

Mervent is located 10 minutes from the historic town of Fontenay-le-Comte in south Vendée, under an hour from the beautiful Atlantic beaches and La Rochelle.

 

Low cost entry - 5,000 Euro reservation fee

100% finance structure

Land prices rising as demand in new development increase

Guaranteed rental income for first 2 years at 4% per annum

Mortgage grace period during build

Build designs 2, 3 or 4 bedroom detached dwelling

 

Project Highlights

99 individual plots 612 – 1445 Sqm.

Separate title from outset, ‘Freehold’.

Land price to include full infrastructure.

A choice of 4 sustainable co-efficient designs.

Modern designs meet traditional values.

 

Investment Highlights

Low investment contribution just 5,000 Euro.

100% finance.

85% mortgage – Interest rates currently from 3.46%.

15% bridge facility – (fee free).

Mortgage grace period.

Interest only option.

Full mortgage brokerage facilities available.

Reduced acquisition costs just 3-4% of purchase price.

Guaranteed rental income for the first 2 years at 4% per annum.

Branded resort management company to maximise rental bookings.

Design optimised for exit strategy.

 

Location Highlights

Stunning elevated position.

Close proximity to 3 airports.

Nearby railway station with connections to Paris/London/Ashford/Ebbsfleet

Walking distance to village with bar, restaurants, bakers and shops.

Nearby historical villages.

Horse riding.

Sailing club.

Nearby safari and forest adventure park.

Two theme parks in close proximity.

Second warmest region in France.

 

The Opportunity
Mervent Forest is an exceptional land and new build investment opportunity benefiting from many of the advantages of a self build project such as; timber frame versatility, co-efficiency and cost effectiveness!
 

The project itself will be 99 individual detached dwellings both modern in design but sympathetic to local surroundings, materials, features and architecture. There are a number of drivers for growth including the fact that low cost airlines are readily available at three nearby airports namely Nantes, Poitiers and La Rochelle all within an hour drive of the site itself not to mention the accessibility of the high speed train links from the UK to France.

 

The area is relatively undeveloped and as such the project will increase values in the area and is already attracting interest in regards to additional infrastructure such as additional restaurants and local amenities.  The land has full planning consent which makes it highly sought after since the introduction of the increased co-efficiency rules in 2008 rendered conversions of barns, gites and alike less cost effective than of previous years.

 

The area itself adds to the strength of this project bringing to the table fantastic views over the meandering river below with a vast array of facilities in the immediate vicinity including a sailing club, canoeing, horse riding, rambling, mountain biking, bars and restaurants all within walking distance and a nearby safari park, adventure park to mention but a few.

 

To capitalise on the areas superb facilities this development will be looked after by a resort management company maximising returns for investors that participate in the arrangement. Commercial facilities on site such as a bar/restaurant, focal point, and small spa are currently undergoing a feasibility study.

 

The financial package is exceptional! The investor only need find 5,000 Euro to participate in this investment. The balance of the purchase can be financed via an 85% mortgage via a panel of seven French lenders and arranged by an experienced French mortgage broker. Combined with this is a top up bridging facility, which is not only unsecured, the interest rate is subsidised to 0% for the first five years of ownership with no repayments required.

 

The net result is a genuinely cost effective low entry investment maximising leverage but in a very safe and controlled manner thus giving superb exposure to capital growth in one of the most stable economies in the euro zone.

 

Mervent Forest is an exceptional land and new build investment opportunity benefiting from many of the advantages of a self build project such as; timber frame versatility, co-efficiency and cost effectiveness.

 

Other Important Factors

France has always been a popular holiday destination with British tourists and will continue to be so due to its proximity to the UK. With great access facilities of not only flights but also channel crossings, Euro Star and Euro Tunnel, France is a superb destination especially for those who wish to keep their carbon footprints low. During the current Global downturn it is highly predicted that Brit’s will take their holidays closer to home, France being a logical option.

 

Due to the diversity of the country there are many things to occupy the tourist. France has a wealth of history, tradition and culture with fine museums, galleries, cuisines, vineyards and haute couture and not forgetting a favourable climate too! So if you are thinking of investing abroad or simply settling in another country, France has a rich tapestry of life to suit all tastes.

 

Despite the Global recession figures show that in 2008 France was still number 1 for international tourist arrivals with 79.3 million visitors and with an expenditure of 55.6 billion from international tourist visitors.

 

Mervent Forest - The Vendée, France

Vendée is the second sunniest region in France and its coastal position benefits from warm Gulf Stream winds. The Vendée is a proven, popular, region for holidays. It features many facilities amenities and attractions, including 160 km of Blue Flag Atlantic Beaches, fishing ports and traditional French villages. There are two major theme parks, The Pay Du Fou and Futurescope.

 

The region benefits from a robust transport network which includes the international airports of Nantes, La Rochelle and Poitiers. The Vendée is also easily accessed by channel ports due to the main A83 motorway. Mervent Forest lies in the South-Eastern area of the Vendée, close to the town of Fontenay-Le-Comte just 40 minutes from the ever popular La Rochelle.

 

Horse riding, sailing, Carp & Pike fishing hiking, cycling with 80 km of mountain bike (VTT) circuits, conservation zoo, tree top adventure park, 200km of established pathways with organized walking tours set in 5,000 hectares of woodland are all available.

 

Financial Details

  • 5,000 client contribution 2,000 Euro of which is used as a commitment against set up costs (1)
  • Mortgage grace period during the build (no mortgage repayments)
  • 85% mortgage
  • Top up bridge finance for deposit discounted for the first 5 years to 0%(2)
  • Fixed rates available
  • Mortgage Interest rates currently from circa 3.39%
  • Reduced mortgage/legal fees and disbursements of approximately 3-4%
  • Rental income taken into consideration for underwriting
  • Full mortgage broker facilities available
  • 7 preferred lenders panelled 
    1. 3,000 Euro refunded of 5,000 Euro if purchaser does not proceed*. A notional 2,000 Euro fee note is raised on reservation for architect and set up costs. If purchaser does not proceed this will be deducted from the 5,000 Euro reservation fee, however if the purchaser proceeds to contract a credit note will be issued and the fee waived.
    2. Unsecured bridging finance will be offered to investors that require this to a maximum of 15% less the 5,000 Euro investor contributions. 

Important Note

*Once contracts are signed none of the reservation fee is refundable. The above information does not form part of a contract and is for guide purposes only. Blue Sky Invest are product providers only and therefore do not/ will not provide any advice and or recommendation therefore Investors should satisfy themselves of all the costs and implications of such a transaction before proceeding seeking independent advice if they feel appropriate.

 

The lender reserves the right to ask for additional information if required. Terms and Conditions correct at publication, however, terms and conditions may change at the banks discretion or due to market conditions and central bank directives. Libor rate for indicative purposes only.