Property in Normandy for sale – Deauville apartments and leaseback property

Luxury apartments in Deauville

- leaseback property in Normandy for sale in this elegant and chic seaside resort town

Deauville's reputation as a glamorous seaside resort, synonymous with elegance, prestige and refinement is firmly established. It has been a privileged holiday destination in Normandy for nearly a century and the location could not be better - just two hours from Paris or a 1-hour flight from London.

This leaseback property in Normandy for sale boasts an exceptional location on the “La Touques” Peninsula, between Deauville and Trouville. It enjoys a lovely setting, directly opposite the marina. The luxury Deauville apartmens are only two steps away from shops, cafés and restaurants as well as two golf courses, a sailing club on the beach, a racecourse, a tennis club on the seashore and the casinos of Deauville and Trouville.

The architecture of the exclusive Deauville apartments is in keeping with the Norman style. The view from the development over the marina is also an undeniable asset and the beautiful gardens designed by a leading landscape architect give a perfect finishing touch. From 1 bedroom to 3 bedrooms, 134 luxury apartments has been designed to a very high standard including fittings of upscale quality. They all come with balconies and underground parking space.

Residence owners will have access to excellent facilities such as heated outdoor pool, indoor pool, spa, gym and kid's area.

Apart from freehold leaseback properties available for private ownership, there are also properties available for classic purchase without a lease agreement (though would include VAT).

Luxury designer apartments with Deauville style

The boutique development, designed by a leading architecture firm, boasts traditional Norman architecture, meeting the town's architectural charter.

There are 134 apartments in seven brand new buildings. The apartments offers 1-3 bedrooms, and come with ultra high quality finish. Each residence boasts a balcony and an underground car parking space. There are landscaped grounds with a water jet fountain and a square, created by a famous garden designer.

The property also adheres to the Low Energy Buildings (LBE) norms / BBC LABEL (low energy consumption).

The property is wonderfully located – this is where Deauville meets Trouville, with easy access to both towns in less than 10 minutes' walk and 5 minutes from the station

Facilities

Residence owners will have access to a range of amenities including:
Heated outdoor swimming pool with large terraces
Indoor swimming pool
Spa, with treatment rooms, sauna, steam room and gym ;
Jacuzzi
Kids area
Breakfast room
Bikes for rent

Deauville, French chic on the beach in Normandy's seaside and horse racing town

This sophisticated town of elegant distractions and good taste offers certainly something for everyone. With its racecourse, harbour, international film festival, marinas, the 700 yard-long wooden promenade, Grand Casino, a thalasso therapy centre and lavish hotels, Deauville is regarded as the “Queen of the Norman beaches”, and one of the most prestigious seaside resorts in all of France.

Hugely popular with holidaying Parisians in the early 19th century, Deauville was a place of inspiration for many artists, including Coco Chanel who opened one of her first boutiques here. Today it is home to the annual American Film Festival and various regattas, international polo and horse-racing events. The town also offers many diversions in the form of casinos, golf courses, the famous "Planches" and luxury shops such as Hermès, Vuitton, Dior, Prada. The area hosts several world class heritage sites such as Honfleur, the Mont-Saint-Michel, the Bayeux tapestry and the D-Day beaches.

Getting there

By road:

200 km from Paris
45km from Le Havre
50 km from Caen
250 km from Rennes

By train:

Trouville-Deauville station 500 metres away:
Paris St Lazare – Deauville (4 direct trains daily). The station of Deauville-Trouville is 5 minutes walk from the residence.

By plane:

1 hour from Caen-Carpiquet Airport with flights to London and numerous French and European destinations.
Roissy Charles de Gaulle Airport is 2 hours 15 minutes away.
There is also the Deauville Saint-Gatien International Airport, about 15 minutes from the centre of Deauville. Cityjet flies from London City airport to Deauville.

By sea:

Deauville is less than 1 hour’s drive from the ferry ports of Caen and Le Havre, making it an ideal destination for a weekend trip from the UK.

Investment Options

Property investors have three investment options:

Pure investment without occupancy: 3% net rental return
Investment with occupancy: 2.1-2.9% return and 2-16 weeks stay
Classic outright purchase

Investment summary

Freehold ownership.
Leaseback properties
Operator is stock market-listed and has been operating in the tourism industry since 1967
Guaranteed rental returns net of all charges
VAT Rebate, currently at 19.6%
* Up to 16 weeks of usage
New leaseback property sold “VEFA” (Vente en l'Etat Futur d'Achvement) or off-plan
Excellent financing

Schedule:

Notifications/ Signature: Fourth quarter 2011
Completion of works: Fourth quarter 2013

Enquire about Luxury Apartments, Deauville, Normandy

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