Chateau de la Redorte - fully furnished investment property in Languedoc, southern France
Château de la Redorte is located in the picturesque Minervois village of La Redorte, a magnificent Country Estate & Spa development in the heart of the Languedoc region of Southern France
The restoration of this magnificent 18th Century Chateau will result in 42 fully furnished apartments with fabulous features including a superb spa and great views over the Montagne Noir.
12 Reasons To Invest in Chateau de la Redorte
- The centrepiece is a Château that has remained within the same family for seven generations.
- Fully-furnished
- Will operate as an international standard resort and Spa hotel with on-site facilities including restaurant and terrace bar, library, salon, lounge, music room and children’s club
- A superb spa complex with indoor and outdoor pools, a variety of treatment rooms and superb views over the Black Mountains
- Offers a range of options offering guaranteed and tax efficient rental returns when not in use
- Development eligible for VAT exemption of 19.6% under French leaseback scheme
- The airport at Carcassonne, with several international connections, is less that 30 minutes away and a further six international airports lie within a two hour radius, ensuring the village is easily reached from almost any city in Europe
- In 2007 and consistently for the last decade, the Languedoc has outperformed the national index, with a annual average growth of 9.8% over 10 years to 2007, some 50% above national house price inflation.
- The Château de la Redorte is located in the Minervois region of the Languedoc, in the very heart of the picturesque wine making village of La Redorte.
- The Languedoc enjoys a perfect Mediterranean climate with over 300 days of sunshine annually
- Owners can exchange their time in the Château to enjoy any other Garrigae developments including Provence and Languedoc.
- Freehold
Location
The historic Château de la Redorte is set in its own delightful park at the very heart of the charming Minervois village of La Redorte in the Languedoc. The village is a typical Mediterranean wine growing village which in many ways has remained unchanged since the middle-ages. At the same time, La Redorte is a typical French bustling village with a fine restaurant, bakery, post-office, bar/cafe, a well stocked supermarket with 24/7 fuel service, butchers shop, newsagent, bank and hairdresser. The village has a lovely old church and many winding, narrow streets and alleyways.
Fast being discovered by holiday makers and property buyers alike, Languedoc offers tremendous diversity: sandy beaches, wooded mountains, ancient market towns and thriving fishing villages, vineyards of international renown and a cuisine to revitalise even the most jaded palate. With fiestas and other local events taking place seemingly every other day, the vibrancy of Languedoc life is tempered only by devotion to an unhurried pace of life that is quintessentially Mediterranean.
The region enjoys a perfect Mediterranean climate; over 300 days of sunshine annually provide long blissful summers and short mild winters with daytime temperatures averaging 30°C in the summer and 22°C throughout the year.
The region is easy to reach with seven international airports within a two hour radius:
- Carcassonne 25 minutes
- Béziers 40 minutes
- Perpignan 1 hour
- Montpellier 1.5 hours
- Toulouse 1.5 hours
- Girona 2 hours
- Nimes 2 hours
- Barcelona 3 hours
The Mediterranean coastal resorts of Valras-Plage and Narbonne-Plage are within 45 minutes drive, as are the coastal Etangs and marshes with their bird life, including Flamingos.
The Pyrenees are 90 minutes away offering superb walking in the spring and autumn, the nearest Ski resorts about 2 hours. Andorra is about two and half-hours away. Spain and the Costa Brava are 90 minutes and Barcelona is three hours by motorway.
Residences
With its centerpiece, the restoration of the magnificent late 18th Century Chateau untouched by time, this boutique project will consist of 42 exclusive apartments.
Four apartments will be located in the Château, while two ‘dépendence’ each with 19 apartments will be built on the grounds in a style reminiscent of the original outbuildings re-imagined by architect Roland Coulet. With floor areas extending to 93m² (1,000sq.ft.), accommodation consists of a spacious open plan salon or living area with broad picture windows opening out to terrace or garden. Large en-suite bedrooms are beautifully proportioned and kitchens and bathrooms feature high-specification fittings and equipment.
The development will be executed to the exacting standards for which Garrigae has become known: superb construction quality using traditional materials and craftsmanship to designs which fuse the ancient and the contemporary to spectacular effect.
Styling references from key periods in the Château’s history will inform the interiors, evoking classic French elegance with a modern twist – traditional colours, textures and materials, including wood, iron-work, lime washes and textiles will be employed alongside state of the art lighting and equipment and carefully chosen objets d’art.
Integrated kitchens feature top-specification appliances and fittings. Quality and attention to detail is found in every room, from the choice of top-of-the-range bathroom fixtures to the proportions and finishing of the bedrooms. The end result is chic, calm and comfortable. All apartments at Château de la Redorte are sold fully furnished and ready to move in, and all prices quoted include furnishings, artworks and linen.
Each residence comes with a 10-year construction bond which guarantees peace of mind.
- Prices from €258,000 for a 1 bedroom apartment
- Prices from €335,000 for a 2 bedroom apartment
All the apartments have either a balcony or a small garden
Facilities & Services
All the facilities one would expect from an international resort can be found in Château de la Redorte
- Spa
- Indoor and outdoor swimming pools, all with superb views over the Montagne Noire
- Terrace restaurant serving the best of Mediterranean cuisine
- Bar and “salle de dégustation” with regular tastings of the best wines the South of France has to offer
- Salon
- Library
- Screening room
- Music room
- Games room
- Children’s club
- Organic garden and olive grove
Throughout the year, guests and locals alike will partake in a wide range of activities – social, cultural, gastronomic and sporting – all of which will serve to foster integration with life in the village.
Guaranteed Return and Personal Usage
The Developer is offering buyers at Château de la Redorte a range of investment options to suit different requirements. Common to all of the leaseback options are the following features:
- Freehold purchase
- 9 year freehold leases with option to renew
- Returned linked to INSEE index of construction costs
- Low operating costs
Leaseback Option 1; The Pleasure Investment: The Pleasure investment offers a practical mix of strong financial returns coupled with ample opportunity to enjoy the property. This option offers a net return of 4.5%. This is made up of 2.8% cash return and 1.7% in personal use credit.
Leaseback Option 2; The Leisure Investment: The Leisure investment is for those who really want to avail of all that Château de la Redorte and other Garrigae properties have to offer, while also enjoying a sizeable rental return. This option offers a net return of 4.9%. This is made up of 2.3% in cash and 2.6% in personal use credit.
Leaseback Option 3; Home from Home: With up to six months of personal use annually, this option is tailored to those who plan on spending significant amounts of time enjoying their property, while maximising the returns from it during your absence. Under this option you and your guests can use the accommodation for up to six months per annum, at any time during the year excluding the second week in July to the second week in August. When you are not using it yourself, Garrigae Hotels and Resorts will include the property in the accommodation pool of the resort. You will receive 50% of all net rental return.
Management charges at Château de la Redorte will amount to €18 per square metre per annum for Pleasure and Leisure Investment options. For the Home From Home option, the charge is €30 per square metre of usable space. This charge includes a contribution to annual maintenance of all private and common areas, including upkeep of swimming pools and gardens. The charge will be deducted from the rental income.
Additionally, owners will be able to exchange their time in the Château to enjoy any other of the developer's projects including Le Couvent d’Hérépian, a converted Convent in the Languedoc national park; The Abbaye de Sainte Croix, a 10th Century Abbey in Provence; Residence Rive Gauche, a luxury waterfront apartment block in the chic village of Marseillan and Les Jardins de Saint Benoît, vineyard estate and spa in the Corbières region. Developments in Pézenas, Provence and the Alps are also in the pipeline.
Purchase Details
To reserve a residence, there is a 2% deposit. This is followed by stage payments until completion.
Construction will start 3rd quarter of 2008. Construction to be finished in 2010.
Hot Properties Worldwide is an authorised sales representative of Chateau de la Redorte
