Pricing & Financial Information

Under the French sale and leaseback scheme, Garrigae offers a range of guaranteed returns and personal use options, tailored to specific requirements, from investment only to maximum personal use. 

The first phase of properties at Château de la Redorte are now being reserved on a first come first served basis.

Property Prices
Currency Conversion (at today's rate)

All Garrigae properties are sold interior designed and fully furnished to a high standard. Furnishings are included in prices quoted. 

*Prices are exclusive of VAT at 19.6%, which is not charged if properties are sold as part of a sale and leaseback scheme in France.

Property Prices per m²

Investment potential

We believe Château de la Redorte represents a good investment opportunity for the following reasons:

• Prices in Languedoc are 25-40% lower than neighbouring Provence to the East or the Costa Brava/Barcelona region to the West.
• The Herault Department, according to Dimanche, is the most desirable department in France in which to live. Montpellier has for some years been the fastest growing city in France and the population of Languedoc is forecast to increase by 32% in the period to 2030.
• Growing tourist demand is not being met by property supply notably at the premium end of the market. 

Stage Payments

• 2% security deposit
• 32% upon start of construction work
• 33% upon completion of foundations and ground floor
• 16.61% upon completion of roofing & external carpentry
• 6.39% upon construction of interior walls
• 5% upon completion of the house
• 5% upon conveyance of keys
  

Special deals

For Buyers
The prices shown in the price list above apply to the 12 townhouses in the west wing. The other 12 townhouses in the east wing will launch in the next phase and are likely to show an increase in price given the exceptional demand for this project. 
For Owners
Owners are entitled to 25% off the room rack rate in any Garrigae Resort property.

Mortgage Finance

Arranging a French (Euro) mortgage is surprisingly easy. Garrigae has selected France Home Finance as its preferred mortgage broker to ensure you obtain the best rates from over 20 French lenders with top quality customer service.  Mortgage finance is available up to 100% of the purchase price excluding VAT.  Competitive interest rates can be obtained with repayment terms of up to 30 years.

Rental returns

20 year guaranteed rental returns (with a break clause at 9 years) of 2% - 4% of the property purchase price (net of utility bills) subject to which usage option you choose will make a reliable contribution towards your property costs.

Lease Back Option 1: The Pure Investment
Offering a net financial return of 4%, the pure investment option is for investors looking to ensure the maximum possible cash rental return. The option does not allow free or discounted personal use of the property during the term of the lease.  This option is only available for properties in the Château itself.

Lease Back Option 2: The Flex Investment
The Flex Investment offers a practical mix of regular financial returns coupled with ample opportunity to enjoy the property.  This option offers a net yield of 2% per year.  It also offers either one of the following 2 options for personal usage, per year:

5 week option
3 weeks during High or very High Season
2 weeks during Mid or Low Season

8 week option
5 weeks during Mid Season
3 weeks during Low Season

Annual Management/Service Charges

There are no management charges at Château de la Redorte.