The Pierre & Vacances Dublin property shows will take place at the Westbury hotel from Friday 23^rd March to Sunday 25^th March 2007.  ‘The  Money Doctor’ Mr. John Rowe, will be attending the shows to give two seminars about buying a leaseback property on Friday 23, March at 2pm and on Sunday 25, March at 2pm.

 

Leading European residential tourism company, Pierre & Vacances (P&V), is launching top-of-the range leaseback investment Cottages in Le Domaine du Bois des Harcholins in Moselle in the region of Lorraine, north east France.  Strategically located between three European countries, Belgium, Luxembourg and Germany, Le Domaine du Bois des Harcholins lies just one hour from Strasburg, two hours from Stuttgart and two and a half hours from Frankfurt. In addition, a new high speed train line, scheduled for completion in June 2007, will link the development to Paris in only two hours and 10 minutes. 

Le Domaine du Bois des Harcholins encompasses 650 hectares of woodland, containing forests, prairies, ponds, canals, valleys and mountains. This innovative development has been inspired by the environmental and regional heritage of the area and is located near great sites of the region including the fortified castles and churches of Château de Malbrouck, Forts of Vauban and Rocher d’Abo and the Sainte-Croix animal park. Designed and created by internationally renowned architect, Jean de Gastines, and landscape designer, Thierry Huau, Le Domaine du Bois des Harcholins is contemporary in design. The spacious and upmarket Cottages are built from wood and feature wide bay windows opening on to a large terrace, offering direct and harmonious contact with the surrounding forest.

The Cottages offer investors a guaranteed net income of up to 4.5 per cent, with an incremental reduction of 0.25 per cent when incorporating short stays into the purchase conditions.  For example, owners who choose to spend one weekend (any season) and one mid week (outside school holidays) will receive a guaranteed income of 3.75 per cent, while those who select two weekend stays (any season) and one mid week (outside school holidays) will receive 3.5 per cent guaranteed net annual income.  Other acquisition formulae are available.

 

In addition to receiving a guaranteed index linked annual rental return, net of all maintenance and management fees, investors will benefit from capital growth and will have their property managed hassle-free by Pierre & Vacances.  Owners will receive a 19.6 per cent VAT rebate, which is pre-financed by P&V and amortized over twenty years. The up-front local government subsidy of up to 9% makes this investment even more attractive from the start. Buyers who choose the 4.5 per cent full-investment option will be able to purchase their property though a SIPP.

There are 870 Cottages to choose from including ‘Comfort’, ‘Premier or ’VIP’ Cottages.  Two-bedrooms (52 / 69 m²) start at €191,000; three-bedrooms (71/85 m²)

from €259,000 and four-bedrooms (90/92 m²) start at €302,000. The first Cottages are due to be completed in the last quarter of 2009. The development will feature Aqua Mundo, an aquatic space with a wave pool, lagoon bathing, slides, waterfalls and a wild river, while an immense space dedicated to indoor leisure will house The Dôme, a luxuriant tropical garden for all sporting and fun activities, an Aqua Sauna and dedicated Sports Hall.

Across the complex numerous bars, restaurants and shops are located to allow visitors to take advantage of the activities such as cycling and mountain biking, horse-riding, orienteering and health trails, trekking, miniature golf, various water activities, archery and fishing.  For children there are recreational areas and early learning activities.

The Pierre & Vacances Group was established in 1967.  With an annual turnover of €1.4 billion, the company occupies a leading position in the European tourism economy and is well-known throughout France, Northern Europe, Spain and Italy through its three main brands – Pierre & Vacances, Center Parcs Europe and Maeva.  Since its inception, Pierre & Vacances has enabled 15,000 people to own high quality real estate combined with fiscal opportunities and safe, reliable management.  Investors in P&V leaseback product can custom-tailor their acquisition to include several weeks of holiday stays in exchange for a reduced guaranteed rental return. As an added benefit, owners may stay at any one of Pierre & Vacances’ 200+ residences, in France, Italy and Spain with a choice of sea, mountains, countryside or city locations at preferential rates.

 

For sales in Ireland please call 00 353 (1) 483 0846 or visit www.pierre-vacances.co.uk  Pierre & Vacances Property Investments, Adelaide Chambers, Peter Street, Dublin 8, Ireland.

Visit the French Property Page of our Website: France

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