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Rive Gauche, Marseillan

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Superbly situated 3 metres from the waterfront overlooking the Mediterranean Etang Du Thau, in the port of Marseillan, La Résidence Rive Gauche icomprises just 12 sumptuous apartments offering superb sea views from generous terraces, Résidence Rive Gauche affords discerning clients the opportunity to acquire a prestige waterfront property in an unspoilt Mediterranean environment. With a range of investment options offering guaranteed and tax efficient rental returns when not in use and strong potential for capital appreciation, La Résidence Rive Gauche represents both a Sound Investment proposition and a Coup de Coeur.

Still relatively undiscovered by the mass market, Marseillan is a beautiful little fishing village situated on the Etang De Thau - a large saltwater Lagoon separated from the Med by a slim Lido that runs between Séte and the Cap d'Agde.  Once a significant port for wine shipments, the village now concerns itself primarily with the cultivation of oysters, the distillation of Noilly Prat and the pursuit of Arte du Vivre. It is at Marseillan too that the Canal Du Midi empties into the Mediterranean, and as such it is well known by sailors and shellfish aficionados as one of the gems of the Mediterranean.  Résidence Rive Gauche occupies a commanding waterfront site at the entrance to the port with uninterrupted view over the Etang, the Oyster Beds, and the town of Séte which cascades down Mont St Clair into the Mediterranean. It is rare that a site such as this comes on the market; much less that planning is obtained for residential development.

"Like St Tropez probably looked before Brigitte Bardot decided to grace the beach there (Marseillan) is staggeringly pretty, with one of the most unspoiled ports in France. You can while away many an afternoon at the Château du Port restaurant, drinking wine and watching the boats go by... "
Helena Frith-Powell, "Mad About The Med", The Sunday Times, June 4th 2006

 

Location

 

 

The Residence

La Résidence Rive Gauche will consist of 12 superbly appointed two bedroom apartments over three floors, ranging in size from 79m² to 104m². Enjoying a sunny Southerly orientation the apartments will be constructed using traditional materials and craftsmanship to designs which blend the traditional and the contemporary to spectacular effect. Each apartment will have generous 'Jardin d'Hiver' - traditional conservatory style rooms with wooden shutters which open out completely to take advantage of the uninterrupted sea views. Apartments on the third floor enjoy the additional benefit of generous balconies, while the top floor apartments will also feature large private roof terraces. Interiors will invoke traditional Mediterranean elegance with a modern twist. Wood, iron-work, lime washes and traditional textiles will be employed alongside parquet and local flagstone floor coverings. Fully integrated kitchens will feature top-specification appliances and fittings as will the elegant bathrooms. The apartments will be furnished with top quality pieces from Blanc d'Ivoire, Ravel and other quality suppliers, and a number of one-off pieces will be selected to add the individual ambience of each residence. All will feature a flat screen television and DVD player, integrated music system, wireless internet and intelligent lighting. The apartments will benefit from underfloor air conditioning and heating system and ample storage space. The end result will be chic, calm and comfortable.

 

Guaranteed Rent

Résidence Rive Gauche are offered either as a Leaseback or outright purchase.  Conceived by the French government to increase the store of quality tourist accommodation, the Leaseback scheme offers a hassle free turnkey investment - a fully furnished residence with a full suite of management and letting services. Qualifying developments also provide for a rebate of all VAT associated with the purchase, a saving of 19.6%. Unlike most leaseback schemes, Garrigae offers a range of guaranteed returns and personal use options, tailored to specific requirements, from investment only to maximum personal use.

 

Financing

Esprit has partnered with a range of financial services providers who can provide mortgage financing – including repayment and interest only mortgage options for up to 85% of the purchase price with terms up to 30 years.

 

The Region

Though rapidly emerging as a prestige tourist destination, the Languedoc-Roussillon region remains something of an undiscovered treasure. Nestled along a breathtaking 300 kilometre expanse of unspoilt beaches between the Cote d'Azur and the Spanish border, blanketed in vineyards and bisected by the meandering Canal Du Midi, the Languedoc enjoys a sundrenched Mediterranean climate. Daytime temperatures average 30° in summer, while the annual daytime average is 22°. Punctuated with ancient market towns and thriving fishing villages, the vibrancy of Languedoc life is tempered only by devotion to a pace that is uniquely Mediterranean. From the simplest café to the Michelin starred brasserie, the food of the Languedoc will revitalise even the most jaded palate. Mirroring the emergence of the region, the region's wines are increasingly recognised as some of France's best, and the many Chateau, Domaine and Cave - most of which are open to visitors - will demand and reward a lifetime's consideration.

 

Availability and Returns

There are a number of ownership options available from zero to six months occupancy.  Yields range from 4.50% to 5.62%.