Personal Finance Guide

France has satyed a stable real estate market despite the recession continuing to attract investors and holiday home buyers alike. Its real estate law, mortgage qualification procedures and bureaucracy with purchasing through a notaire (notary) under very strict property laws combined with the 2009’s tax incentives for French tax payers has certainly created an attractive purchasing environment making france properties very attractive with investors.

Les Mazets du Ventoux
Les Mazets du Ventoux is development that is taking advantage of this purchasing environment. Les Mazets is a top quality boutique project in Provence which is so strong that one of the most diligent banks in France is offering mortgages on 80% of the VAT inclusive price.

The finance along side the developer’s incentive of covering closing costs grants investors with good income profiles to buy with only a minimal administration fee of €2000. A guaranteed of income 4.1% generated for 18 years will also provides a monthly surplus if an interest only mortgage is taken out.

Les Mazets du Ventoux will comprise of 18 high quality 1 and 2 bedroom apartments ranging in size from 31 m2 to 69 m2, and will be completed to a luxurious standard including tiling or wooden parquet floors, fully equipped kitchens, upper class bathrooms, flat screen TV and of course all fully furnished.

In addition on-site facilities will include:

Outdoor heated swimming pool
Outdoor Jacuzzi
Sauna – Turkish bath
Massage parlour
Park

The Management service will also provide a personalised reception for the owners, cleaning and beds made up on arrival and a dedicated ownership service.

Steven Worboys, MD of international property specialist Experience International, comments:

“Increasingly Britons are looking towards the kind of bright and beautifully relaxing parts of France that Peter Mayle wrote so famously about twenty years ago and particularly so now that only €2000 is needed to invest in new property in the area. Our charming development which allows one to take all the pleasures of Provence benefits from an exceptional situation in the heart of the magnificent French countryside, just a few steps away from the historic centre of Malauc