RETIREMENT HOME DEVELOPMENT, FRENCH RIVIERA
The retirement development will be located in Draguignan, a region where the ageing population is growing, and surrounded by the beautiful charms of Provence. Cannes is 45km away, and the Nice Airport is only a mere 90km away and the St Tropez Airport is also just a 52km drive away. Ideal for friends and family members to visit throughout the year.
Key Investment points:
122 homes and 79 parking spaces
- Comfortable housing to be built: 15 x studio, 78 x 1-bedroom and 29 x 2-bedroom
7900m2 surface area
850m2 of communal space on the ground floor including:reception, restaurant, bar, library,
hair salon, fitness room etc.
- Annual yield of 4,7% HT
- Construction to begin in Q4 2017 for a period of 24 months.
- Operated by one of France’s most exclusive and experienced leaders in the industry.
- 11 years and 9 months commercial lease with guaranteed quarterly rental payment.