Résidence de Tourisme Saint Gilles Croix de Vie is a very attractive new leaseback development located in the Vendée department of Pays de la Loire, only 5 minutes walk from the beautiful sandy beaches of the west of France.
This 1,014 hectare development will comprise of 82 units ranging from 1-bed apartments to 3-bed houses. Onsite facilities will include an outdoor heated swimming pool, spa/sauna & fitness centre as well as a reception area, equipped laundry which will be subtly integrated into the surrounding countryside.
Following the completion of the development investors will benefit from a 9-year guaranteed lease provided by the Goelia management company, who will manage & maintain the complex on a day to day basis.
As this development qualifies for Residence de Tourisme Clasée - Leaseback status all investors will benefit from a 19.6% lump sum VAT refund as well as the generous ongoing tax allowances also provided under this scheme.
