Toile Blanche Residences: Sphere Estates Launches Toile Blanche Residences

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Toile Blanche Residences: Sphere Estate Launches Toile Blanche Residences, Saint-Paul de Vence

View of Saint Paul de Vence town with sea in the background and scenes from Toile Blanche

 

Revel in the authentic French Riviera lifestyle. Freehold studio and one-bedroom suites from €386,000.

Toile Blanche is nestled in the picturesque hills between Nice and Antibes, within 20 minutes of the airport and the coast. This exceptional private retreat is a rare gem in the heart of the French Riviera. Sphere Estates is now launching 20 furnished residences - new studio and one-bedroom suites which comfortably sleep up to four adults - in an art and wellness themed boutique hotel.

The meticulously restored house (now a boutique hotel) and landscaped gardens, adorned with artworks and sculptures, provide a haven for those seeking a laid-back Riviera lifestyle with discreet 5* service. It’s also within easy reach of plentiful restaurants, bars and shopping.

Owners benefit from 5* hotel facilities including an outdoor swimming pool with sun loungers, a fire pit and pool bar; a fine dining restaurant; a breakfast and tapas bar; and a Speakeasy bar, hidden within the estate where suite owners have membership. There will also be a wellness centre which accommodates one couple at a time. This will include a hamman, plunge pool and sauna plus a yoga platform at the end of the vegetable garden facing the hills.

“This is cutting-edge style in an idyllic rural setting.” Mr & Mrs Smith

The suites are offered for sale for limited use and a guaranteed fixed return. The scheme is eligible for VAT refund and will be managed by Toile Blanche under the French LMNP (Non-professional furnished lettings) scheme. 

Toile Blanche is an ideal retreat, somewhere to get away from it all for a series of weekends or mid-week breaks to recharge your batteries and recuperate your mind, body and soul. Saint Paul de Vence is situated within 20 minutes from Nice International Airport which is a two-hour flight from London.

Prices start from Euro 386,000 (incl. VAT and furniture).

Rental yields:

The rental programme is compulsory; however, owners will have the option to choose between two rental schemes:

OPTION 1 offers a guaranteed fixed rental return (up to 3.8% net pa). This option allows for up to eight-weeks personal usage each year (note: personal usage does affect the net yield).

OPTION 2 offers a variable return linked to room revenue. This option comes with unrestricted personal usage options and may generate a higher or lower rental yield depending on personal usage. 

 

Assurance on rental income:

The rental income for a Leaseback property is guaranteed through the commercial lease. Even if an owner’s property is not rented out for a particular week, their rental income will never be affected, due to the guarantee provided through the commercial lease. Toile Blanche Residences pays rental yields quarterly.

Key Points:

  • Guaranteed 3.8% net return (after running costs - T&Cs apply)
  • Finance available (up to 70% LTV)
  • Fiscal advantages from the French LMNP regime and leaseback programme (e.g. purchase VAT refund)
  • Plenty of holidays under the sun to enjoy
  • Conveniently located close to the airport for easy short breaks
  • Lifestyle - Wellness art retreat
  • Flexible usage options
  • 5* hotel and services
  • Within 20 minutes of the airport and coast
  • Freehold ownership from only €386,000
  • Price includes VAT and furniture

‘EARLY BIRD’ OFFERS AVAILABLE - PLEASE ASK FOR DETAILS

Owners will also be able to collect points when referring friends and family. These points will have a cash value which can be spent within the resort.

Ideally located in the heart of the French Riviera, Saint-Paul de Vence is situated only 20 minutes from Nice International Airport, less than 30 minutes from Cannes, 40 minutes from Monaco and a half hour from several golf courses.

BOOK A SUBSIDISED INSPECTION VISIT TODAY

Enjoy a complimentary night’s stay at Toile Blanche, a hosted lunch or dinner with the developer and a private tour of the estate and surrounding area (subject to T&Cs and availability).

Italy is only 45 minutes away. In winter, the closest ski resorts, Isola 2000, Auron and Valberg, are a mere 90 minutes’ drive. Other renowned locations, including Eze, Menton, Saint Jean Cap Ferrat, Villefranche, Antibes, Biot or Mougins, are approximately 30 minutes by car.

Full details are on the Sphere Estates website: Toile Blanche Residences.

 

1 Feb 2019 | Author: Paul Rogers