Domaine de la Mandoune

Domaine de la Mandoune is a 19th Century conversion of a wine fabricant's château, mews and wine storehouse on the southern coast of the French Languedoc-Roussillon region, famous for its Minervois, Cahors and Corbières wines.  The development is located close to Sete at the start of the Canal du Midi and the land includes 300m of private beachfront on the Etang de Thau. 

The development will comprise 28 beautifully appointed and fully furnished apartments in 45 hectares of vineyards adjoining 300 metres of unspoilt natural beach. All of the properties are for sale freehold, off-plan and under the highly tax efficient French Sale and Leaseback scheme, offering a range of usage programmes and guaranteed rental returns. Owners will have privileged access to Domaine de la Mandoune's restaurant, wine bar, and a well-being centre with private treatment rooms. There are also conference facilities to attract shoulder season occupancy.

Key Benefits

• 300 meters of private Meditteranean beachfront
• Excellent location on the Etang de Thau makes this a high yield potential rental property that you will still be able to own freehold and use yourself 
• All advance payments are protected under french law either by the notary or by bank completion guarantees so no financial risk
• Homes for sale through the French government's sale and leaseback scheme so:
• 9 year guaranteed rental returns from 2% - 4% of the property purchase price (net of utility bills) giving a reliable contribution to property costs 
• No VAT on purchase or rental income - a saving of 19.6% and
• No local rates for the first 2 years
• Fully managed resort, which means that your property will be maintained to the highest standards with all rental and management services taken care of
• The developer and the operator are one and the same: Garrigae have a strong track record in this field - so the quality of the properties, central amenities and operations will be maintained
• Touristic property in the heart of the Languedoc - great value for money in an up-and-coming region in the South of France
• Low cost airlift into 6 local airports from all over Europe and by TGV fast train from Paris