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Friday, May 08, 2009

Domaine de Lavagnac is now available

The long awaited official launch of the stunning Domaine de Lavagnac is now here. Phase 1 is now available and reservations have already been taken. Early investors are being offered a guaranteed return of 7% !!!!!

To see a list of property for sale at the Domain de Lavagnac follow this link and simply enter LAV into the reference search box.

For those of you who don’t know this development, the Domaine de Lavagnac is being hailed as the most exciting development in the south of France. It combines luxury homes with modern architecture; an 18 hole championship golf course & clubhouse and a luxurious 1000m2 spa.

All this encircles a 400-year old château better known as the ‘Versailles du Languedoc’ – which is to become the 5-star hotel, where you will sip champagne on limestone terraces overlooking the château’s formal gardens.

The problem I’ve always had with most new developments in this part of the world is that they always look amazing in the artist’s impressions but more often than not have a compromised location. I can honestly say that as far I am concerned the situation of the Lavagnac project is nothing short of spectacular.

One of the most interesting points about this project is the density of building relative to the overall site. The last thing you want from a luxury residential development is to feel like you’re crammed in to the site with loads of other people and haven’t got room to breath. With Lavagnac there will be no such concern, the building permissions that have been granted equate to permission to build on 3% of the total site which means that there will be plenty of wonderful, mature landscape for you to play golf in or simply go for a walk or a cycle.

Purchase options for the Domaine de Lavagnac are as follows;

  • Option 1 Outright purchase – You can buy a property here as a second home and use it as and when you wish. As this option does not involve a “Leaseback commitment” there is no VAT saving.

  • Option 2 Fifty/Fifty – A very attractive option in my opinion. You get up to six months of the year for personal use (excluding 1st 2 weeks of July and the month of August). When not in personal use, the property will be added to the rental pool and be rented out by the management company. You will then receive a return of 50% on all net rental income. The big advantage here is that the property falls into the “Leaseback” scheme and as such you benefit from a VAT rebate of 19.6% which is a pretty nice saving.

  • Option 3 Early investor deal – This option is only available on the first 106 properties in Phase 1. The property is bought under the leaseback scheme and buyers will receive a 7 % net return on their purchase which will cover the mortgage payments and outgoings. By way of example, a net purchase of €360,000 on a 2 bed apt will yield €25,200 per annum assuming a 10% deposit. This arrangement allows the buyer 1 week in High Season and three in Low Season and based on a fixed rate mortgage of 5% over 25 years. This is already proving to be of real interest to people and a number of reservations have already been taken.

Types of properties available in Phase 1

Click on a photo or a property name to be taken to a more detailed information page about that property directly on our website.

You may also like to visit our YouTube page and have a look at the three Lavagnac videos that we have including;
  1. The Development
  2. Your New Home
  3. The Golf Course

"Le Syrah" - 2 bed, 2 bath ground floor apartment with garden and shared swimming pool - Price: 360,000 € (ex VAT)

"Le Carignan" - 2 bed, 2 bath first floor apartment with terrace and shared swimming pool - 375,000 € (ex VAT)

"Le Merlot" - 3 bed, 3 bath semi-detached house with first floor terrace, garden and shared swimming pool - 449,000 € (ex VAT)

"Le Cerisier" - 3 bed, 3 bath detached house with first floor terrace, garden and private swimming pool - Prices from 599,000 € (ex VAT)

"l'Amandier" - 4 bed, 4 bath detached house with first floor terrace, garden, garage and private swimming pool - Prices from 699,000 € (ex VAT)

"Le Pin Parasol" - (only 2 available) 5 bed, 5 bath detached house with first floor terraces, large garden, double garage and private swimming pool - 899,000 € (ex VAT)

I'm sure you will not be dissapointed with this development. It really does exactly what it says on the tin.

Call me to talk about individual houses, to arange a site visit or to reserve your unit now on 00 33 467 00 11 71

Simon Kerridge


Anonymous said...

How is the Domaine De Lavagnac progressing.

I cant work out if this has started being built or not? I have just received the sales pack but looking at the internet stories it seems like it has not started?

do you know the current plan to completion? as I am planning to visit in the summer

Simon Kerridge said...

Sorry for the delay in replying. I've only just seen your post.

I'm afraid that I am no longer working with the Lavagnac project so can't advise you of the current status.