BMV Property Investment Deal in L'Absie, France

 







 
Property Ref: LAbsie050510/65/RL
Deal Status: Available
   

Vacant Properties are available to buy as a home - contact us for details

For more information on this property deal call John on
(+44) (0)1275 846662 or use our contact form

Below Market Value Property Deal

Valuation of €67,332 - Available for €50,499
25% Discount on this Property!
€57,033 Equity on completion
€18,037 Cash investment required!
Deal Incentives
  • Refurbishement Required

Fees Paid
  • Broker Fee Paid
  • Finders Fee Paid
  • Legal Fees Paid
  • Valuation Fee Paid

Key Features

FULL INTERNAL REFURBISHMENT REQUIRED/1-hours drive west of Poitiers Airport, this traditional, 3-bed, mid-terrace, townhouse requires a kitchen, re-wiring, central heating, roof insulation, some flooring and, painting and decorating throughout. There is a large attic that could be made into an en-suite Master bedroom (4th) and, a cave (cellar) currently with outside access. An estimate for final refurbishment is c. €30,000. Purchase price includes a separate 1-up, 1-down cottage at bottom of garden in need of total restoration a plot with potential development adjacent giving access to garage to rear. FURTHER, the property comes with a 3/4 acre Carp lake, valued at €16,000, on a 2-acre site located 7-kilometers from the house, with potential for income from licensed fishing, which is inclusive of the purchase price but sold under separate title. Also inclusive but under separate tile is a garden plot 5-minutes from the house currently being used to grow fruit and vegetables. French 80% LTV, 3.9% MORTGAGE available AFTER refurbishment.

Aspect
  • Facing South

Features
  • Dining Room
  • Garden

 Title Deeds: Available
Local Amenities
  • Bars
  • Bus Route
  • Local Shops
  • Restaurants
  • Taxis

Financial Breakdown & Particulars
Valuation
€ 67,332
Purchase Price
€50,499
Mortgage Loan
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Mortgage Payment
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Deposit Required
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Packaging Fee*
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Reservation Fee
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Refurbishment Costs
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Particulars
Postcode: Register/Login
Land Title: Register/Login

Equity on Completion €57,033 with a total cash investment by you of €18,037*

Mortgage applicants combined income should be in excess of £25,000 pa

* (excluding VAT, Stamp Duty if applicable and legal disbursements)

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Disclaimer ~BMV Property Investment Deals is the trading style of Property Angels International. BMV Property Investment Deals, their partners, affiliates, officers, employees, agents, contractors, successors and assignees do not accept any liability for any investment decisions made on the basis of, arising out of, or in any way related to, the use of information contained in this email. All information and services provided do not constitute financial, investment or tax advice and should not be taken as such and you are urged to obtain professional advice before proceeding with any investment. Information is presented in good faith as our partners provide it to us but we cannot vouch for its accuracy nor can we be held responsible if such information is deemed to be inaccurate. No responsibility is accepted by BMV Property Investment Deals for any reservation refund guarantee as provided by any partner and in all cases any refund or recourse for a refund is solely with that company. BMV Property Investment Deals is not a licensed investment advisor or licensed estate agents nor authorised by the Financial Services Authority.

Property Misdescriptions Act 1991
In accordance with the Property Misdescriptions Act 1991, these sales particulars are for general guidance purposes only. They do not constitute nor form part of an offer or contract. No structural survey has been carried out. All photographs, descriptions and investment details are given as a guide only, and must not be relied upon. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor in the usual way.

Mortgages are subject to status and your property is at risk if any loan is secured upon it.