Property Details
1 bed Flat/Apartment for sale in Sahune
Price: £2,061,000
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Description:
80300, Albert, Somme, is a development of 17, one bed apartments. This is 2 floors of the block. The apartments are reserved for the over 60s. THIS OFFER IS FOR THE WHOLE 17 FLATS. They cannot be purchased individually. They can be purchased outright for Euro 2,617,102 or by an initial investment of euro 560,000 with the remainder by way of a pre agreed mortgage. As these apartments are furnished there is a VAT rebate of euro 415,553
80300, Albert, Somme, is a development of 17, one bed furnished apartments. (the cost of the furnishings is included in the purchase price)
This is 2 floors of the block. The apartments are reserved for the over 60s.
There is a real shortage of this type of retirement property in the area. Many farm workers and rural dwellers retire to the towns.
THIS OFFER IS FOR THE WHOLE 17 FLATS. They cannot be purchased individually.
They can be purchased outright for Euro 2,617,102 or by an initial investment of euro 560,000. As these apartments are furnished there is a VAT rebate of euro 415,553
The minimum expected 10 year return is Euro2.8m. Once the initial investment is made, the property is entirely self financing including mortgage interest, management charges, life insurance premium and even the tax fonciere.
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