South of France Condos on the Mediterranean Sea in Cerbere Hot Real Estate Investment Market
Contact Mihai Algos of Stroomwell Investment Group for more information, Cell (US) + 1 530 632 7513 or email to mihairesearch@yahoo.com
Nine sea view apartments on the Mediterranean Sea with unobstructed views. Prices starting at just $220,000. Includes shared garden and pool! Each apartment features a terrace with breathing views! Great investment property with high appreciation plus rental income.
Each of the 9 apartments offer unobstructed views of the Mediterranean Sea. Central to golf, tennis, horse riding, diving, sailing and windsurfing with truly outstanding French Catalan cuisine, it is a food and wine haven which hosts a local one star Michelen restaurant. There are numerous diving clubs offering a view of on of the most exceptional, submerged marine worlds in the Mediterranean. It is a divers paradise with over 65 hectares of protected submarine reserve.
Skiing is found in the Pyrenees mountains within 1 hour of Cerbere. There are 12 ski resorts in the Catalan Pyrenees, with 200 runs and 150 ski lifts.
The Languedoc-Rousillon brings 14 million tourists per year including 4 million foreigners; 100 million over-nights, 3 billion Euro revenue - Languedoc Roussillon is the fourth largest French tourist region in one of the most visited countries in the world.
Easy access from Perpignon and Girona airports including direct flights from all over Europe.
Upon the completion of the high speed TGV line between Perpignon and Barcelona in 2011, travel time between Perpignon and Barcelona will reduce from 2.5 hours to 50 minutes and importantly, Barcelona and Paris will be linked by this Perpignon junction bringing a serge in population growth, property investment, and tourism.
The Spanish will continue to take advantage of the Languedocs less expensive and higher return, Mediterranean seaside investment property, with an upcoming speedy commute to Barcelona via the new TGV connection.
Excellent European climate, with 300 days of sunshine, and summer temperatures averaging 30 degrees Celcius.
Rental Income tax in France is 7%, which is one of the lowest in the EU countries. Capital Gains taxes are reduced by 10% each 5 years after the first 5 years amounting to 0% (Full CGT exemption) after 15 years holding.
France is a historically strong and stable market and a safe country to invest in property, due to its strict buying process and legal system.
Capital appreciation is averaging15% in Cerbere and is expected to peak in 2011 to 35% (+) as a result of 2 major events: The TGV connection from Barcelona to Perpignan, coinciding with the height of the global baby-boomer retiring population also in 2011.
The arrival of the TGV in Perpignan will emulate the positive affect on the local property market which Marseille experienced upon the arrival of the TGV, where capital appreciation rose to 35%.
Contact Mihai Algos of Stroomwell Investment Group for more information, Cell (US) + 1 530 632 7513. mihairesearch@yahoo.com