BMV Property Investment Deal in Port Launay, Nr Chateaulin, France

 







 
Property Ref: Port Launay230610/100
Deal Status: Sold
   

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

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Below Market Value Property Deal

Valuation of €100,000 - Available for €75,000
25% Discount on this Property!
€Register/Login Cashflow p/m
€40,000 Equity on completion
€23,750 Cash investment required!
Deal Incentives
  • Lettings Managed Option
  • Positive Cashflow
  • Refurbishement Required

Key Features

ON THE BORDERS of the stunning Crozon Peninsular, the old fishing village of Port Launay is built along the river Aulne. This tradition 4-bed, 3-bathroom, 3-storey, terrace townhouse faces the river and is close to the village square with bakery, cafe and creperie. It is vacant possession and does not include furnishings. It will require internal painting and decorating. It has been previously used as a Chambre d'hote (B&B). The Voie Expressway is three minutes away. The town of Chateaulin with all amenities including rail station is 2-miles up-river. The mortgage payment is capital and interest at 3.5% over 20 years.

Aspect
  • Facing South

Features
  • Dining Room
  • Double Glazing
  • Fitted Kitchen
  • Patio

 Title Deeds: Available
Local Amenities
  • Bars
  • Bus Route
  • Local Shops
  • Restaurants
  • Schools
  • Taxis
  • Town/City Centre
  • Train Station

Financial Breakdown & Particulars
Target Rent
Register/Login
Valuation
€ 100,000
Purchase Price
€75,000
Yield
9%
Mortgage Loan
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Mortgage Payment
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Deposit Required
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Legal Fees*
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Finders Fee*
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Broker Fee
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Reservation Fee
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Particulars
Postcode: Register/Login
Land Title: Register/Login

Equity on Completion €40,000 with a total cash investment by you of €23,750*

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.