A new-build, three-bedroom apartment has appeared on the real estate market of Port Grimaud. Located in an intimate area alongside a wood, the apartment is part of a brand new property development just a few minutes from the beach.
Set in a private wooded park above Port Grimaud (Grimaud’s harbour), this stunning apartment is part of a new build property development in the Gulf of Saint Tropez, regarded as of the most beautiful spots on the French Riviera.
What about the property
This apartment is located on the first & last floor of the building and enjoys an optimum south-west orientation, allowing the property to be light-filled and the future owner to fully enjoy the stunning weather in this part of France. The 97 square-meter apartment have a 10 square-meter terrace and is designed in a typical Provencal but modern architecture.The environmentally friendly design allows you to make significant energy savings.
With a good size living room and fully equipped open-plan kitchen of almost 34 square meters, three bedrooms of respectively six, 10 and 12 square-meters, separate toilets and two bathrooms, this new build apartment for sale is an ideal investment for a family who would like to set a pied-à-terre in the South of France and rent it out when they are not occupying it.
The beach is merely 600 meters away, allowing the future owners to fully enjoy by foot the treasures of Port Grimaud, while the famous villages of Saint-Tropez & Sainte Maxime are only 15 minutes away by car.
What’s the property investment potential?
The numerous protected natural areas offer very few building possibilities each year meaning that new properties such as those of the Jardins d’Adelaïde are very rare. Prices are often proportional to this high demand and some luxurious properties are priced at more than €20,000 per square meter.Given its location and its very competitive price around €5,600 per sqm, the Jardins d’Adelaïde development is a unique investment opportunity. The high rental yield could potentially grow up to 6% and would allow future investors to take advantage of the property themselves a few weeks a year and recover a profit from easily renting it out the rest of the year due to high demand.
Why Port Grimaud
Located between the sea and mountains, Port Grimaud is part of the Gulf of Saint-Tropez, a highly sought-after destination thanks to its breath-taking environment, exceptional weather and heritage as well as an unbeatable quality of life.
WHY BUY WITH ATHENA ADVISERS?
Athena Advisers - 16 years of added value
When investing in French property, there is much more to consider than the basics like the location or views. At Athena Advisers we stand out from our competitors. We are the only company with dedicated teams to help our international clients choose, finance, design, furnish and manage their properties on an ongoing basis.
360° purchase support
In addition to organising property viewings from our offices in Paris, Annecy (French Alps) and Cannes, our in-house teams also support clients through every step of the purchase process. We decode the paperwork and contracts and become the bridge between all the different legal and official parties involved in the purchase, guiding our clients through every step of the process.
20% VAT rebate
If the owner of a new property intends to rent it on an ongoing basis when they are not occupying it, Athena can help them reclaim 20% VAT from the purchase price. It will need to be rented furnished, on short term lets, with 3 hotel type services in place e.g. cleaning, laundry, key holding. Athena can provide the full reclamation service subject to conditions and a one-off fee. Interested? Get in touch to find out more.
Mortgage rates in France are currently at all-time lows but obtaining a French Mortgage for a non-resident can have many pitfalls. The experienced and multilingual team at Athena Private Finance, alongside its French-focused sister company, French Private Finance, can help you identify your options and navigate the often stringent French banking system. They can provide a free decision in principle in minutes and thanks to more than 10 years of experience, they can also assist you with insurance, bank accounts and legal & tax advice.
Complete rental management
The newest arm of Athena, Athena Collection, provides complete management and rental services for our clients using on-the-ground, local expertise and valuable partnerships. They offer a smooth, worry-free and dependable service all with the aim of achieving the maximum yields possible for every home they feature.
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