- Fully sustainable eco-village
- Average resort occupancy at 85%
- 4.5% Net rental return guaranteed
- Government backed VAT refund
- No maintenance or running costs
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"Due to the popularity of the Center Parcs brand combined with the stability of the developer themselves, all purchasers at the resort are currently being offered a 4.5% net guaranteed rental return for 9 years, fully renewable thereafter."
The Environment
The developer of Center Parcs Domaine de la Forêt de Chambaran has reaffirmed its commitment to sustainable development by designing and constructing this village with the environment and local natural landscape firmly in mind.
Center Parcs Domaine de la Forêt
de Chambaran is a fully sustainable,
energy efficient eco-village.
Within the resort a number of natural areas have been preserved.
Center Parcs Domaine de la Forêt de Chambaran recycles its waste and encourages environmental awareness through its ‘Eco-Behaviour Awareness Strategy’. Mobility on site is low-impact and biodiversity is promoted through the range of activities on offer at the resort. Within the plan of the resort a number of natural areas have been preserved.
Facilities have been designed to be energy efficient and preference has been given during construction to local resources.
The cottages themselves, the majority of which are built entirely from wood and natural materials, are energy efficient, using 30% less energy consumption than legally required, 10% less than THPE standards.
Management
The tried and tested Center Parcs brand is one of the most popular in Europe with the average resort occupancy
level at 85%Center Parcs Domaine de la Forêt de Chambaran will be managed by The Pierre et Vacances Group, a European leader in holiday properties and tourism management for over 40 years. Also the developers of the resort, Pierre et Vacances are leaders in sustainable development. With 7.5 million customers and a turnover of €1,425 million, the company are considered experts in their field. This tried and tested Center Parcs brand is one of the most popular in Europe with the average resort occupancy level at 85%.
Rentals
There are currently three existing Center Parcs villages in France with a fourth planned for 2010. These incredibly successful resorts boast a substantial 85% occupancy rate. Every year, large numbers of new and returning customers from across Europe and France flock to Center Parcs resorts for family holidays, weekend retreats, business venues and special occasions. Due to the popularity of the brand combined with the stability of the developer themselves, Pierre et Vacances are currently offering all purchasers a 4.5% net guaranteed rental return for 9 years, fully renewable thereafter.
Leaseback
A popular way to invest in property in France is to buy a leaseback property which benefits from a government-backed VAT-refund incentive, designed to encourage investment in tourist residences. Through freehold ownership of an apartment or cottage that is leased back to a management company for a minimum period of 9 years, investors benefit from guaranteed annual returns from their fully managed and maintained property with relatively low up-front costs and no ongoing maintenance or running charges.
Main features of a leaseback property with P&V:Investors benefit from guaranteed annual returns from their fully managed and maintained property with relatively low up-front costs and no ongoing maintenance or running charges
• A freehold, fully furnished property
• Investor entitled to benefit from the 11-19.6% VAT rebate
• Property leased to P&V management/tourist company for minimum 9-year period, with automatic renewal for a further 9 years
• Investors receive index-linked, guaranteed annual return of up to 4.5% with options for personal usage
• No running charges or maintenance costs
What does leaseback mean?
Investors buy the freehold of a property outright but lease it back to a management company who specialise in the tourist management, maintenance and rental of these properties for a minimum 9-year period. In return owners receive a guaranteed annual return, irrespective of occupancy of the property, NET of all communal charges, maintenance and running costs.
The management company boasts 6.9 million clients staying in their
250+ residences in 6 European
countries each yearPierre & Vacances are uniquely and very importantly the developers and the managers of the properties they sell, with 6.9 million clients staying in their 250+ residences in 6 European countries each year so have a very clear vested interest in the quality construction, location and ongoing maintenance of the properties.
Potential Capital Appreciation
Property in France historically offers very good growth with a high demand from local and overseas investors. France has the fastest growing population in Europe and an increasing divorce rate which further increases the demand for more housing. Strict national and regional planning regulations prevent mass building so existing and new property stock is in demand.
Leaseback properties are built for tourists and as such are situated in the best locations with the facilities, amenities and accessibility that holiday-makers expect and as such benefit from features such as swimming pools, tennis courts, sports facilities, restaurants and entertainments that a normal property does not . These factors all contribute to the demand for Pierre & Vacances managed properties and the capital appreciation that results.
