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Golf and Spa - St Endreol

Price: £249,777€287,100 to £309,285€355,500

La Motte en Provence, Côte d'Azur

Only 45 minutes (on the motorway) from Nice airport, you can be on the golf course a few hours after you left your front door… Only 16 apartments left for sale, so please hurry as we don’t come across this type of investment every day.

The Development:
“Les Domaines de St Endreol” is a well renowned Golf and Spa resort a stone throw away from the hustle and bustle of the Cote d’Azur. Established since 1992 in the beautiful provencal village of La Motte, this residential and secured domain of 168 hectare in the heart of the national forest of Palayson was designed by international renowned architects and town-planning consultants.
Its architectural homogeneity of traditional Provencal inspiration, the quality of the exterior arrangements and facilities (18-hole golf course, spa, tennis, and conference centre) makes it one of the most famous Golf and Spa Resorts in the South of France.

The tourist residence is fully completed and already under management. Composed of 25 apartments on 3 levels, the residence hotel offers large common spaces, and incharting Provencal landscape and secured swimming pool with a large terrace, some with views of the fairway and mountain range… absolutely stunning!

The Deal:
This is a leaseback development, with a unique twist to it as the rental is guaranteed by SMBC (Sumitomo Mitsui Banking Corp) until the 31st of December 2019. The management company SEGSE is onsite since 1995 (15 years!) and is looking after the guaranteed income for you and give you a few options:
• Full cash return of 4.0% net per year
• 3.7% net return with 3 weeks occupancy
• 3.4% net return with 6 weeks occupancy
Every owner will benefit from exclusive privileges in regards to the access to the golf course, and also FREE access to the Spa for the duration of the rent!

If you are looking for a mortgage in France, here is the good news: We have met with a few French banks that are ready to finance our clients on this development, so we can help you depending on the type and length of mortgage you are looking for. Talk to us today.

On-site:
 

Golf: The many-faceted 18-hole course, stretched over an area 6,746 yards long, Par 72, hugs the seductive and whimsical curves of the land. Established as a golf course of great renown, it offers outstanding views along the length of its river, the Endre. Included in this remarkable layout where each and every fairway reveals a unite feature, lies hole 13, worth remembering for its formidable direct drop onto a green surrounded by water.
The golf has been classified 4 balls out of 5 by Gault & Millau Golf Guide, among the top 10 Golf courses in France, the Saint Endreol Golf couse is really challenging!

Spa: An impressive medley of activities and care facilities is available. An aquatic treatment pool, Turkish bath, saunas, indoor pool, deep relaxation room, beauty services and a tea room; everything is designed for total repose in idyllic and peaceful surroundings. Minimum age require: 16 years old.
The Spa include the following: Counter-current pool, Turkish bath, sauna for men and women, massages, hydrotherapy, beauty treatments (facial cares, body cares, balneotherapy, hands and feet beauty, spa rituals…)

But also: Power plates, water aerobics classes, cross training, tennis, etc…
Restaurant “Le Palayson” on site with beautiful terrace overlooking the golf course, Clubhouse, Café, Pro-shop, tennis court…

Access:
By Air: Nice airport = 45 minutes away
By Train: St Raphael train station = 30 minutes away

Prices:
2 bedroom apartments from €287,100 to €355,500
66.55 sqm to 71.65sqm + large balconies

Our Opinion:
This is a mature and delightful development in a fantastic location. If you are a golfer, this is simply heaven! This very challenging golf course will make you enjoy every trip you will have there. The great thing about this property is the fact that it is a leaseback development, meaning that you are saving 19.6% VAT on the normal purchase price, but also that you have a guaranteed rental income backed up by a well renowned bank, which is a bonus!
Also, the development is completed, so if you are buying now, you can enjoy it tomorrow… and you’ll also have a free access to the Spa for the duration of your lease. We would highly recommend you to invest in this development as it ticks all the boxes; we have visited it, and fell in love with it!

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