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This is a beautiful property but it is a Time Share you can dress it up as Holiday Home.. but you failed to say how many weeks an owner can stay there or if one wanted to live there full time.. How Long can an owner stay there How much are the fees to maintain the property I'd really love to know ..
Hi there. Thanks for your comments. Please be assured that these are not timeshares. This is a model that works very well for those looking to own a freehold property abroad but don't want the hassle of trying to manage all aspects from another country. The model is such that there is no black and white answer to your question about usage. The creators of Domaine & Demeure specifically did not want to give owners specific restrictions on usage but these are holiday homes rather than second homes or full time homes. For me, a holiday home is one where you might count your use in weeks throughout a year, while a second home you might count your use in months. I can tell you that currently, the average use by owners across the three domaines is around 6 weeks per year. If you would like to email me at simon@languedocpropertyfinders.com I can share further information with you. I hope this helps 😁
These properties are designed to be holiday homes rather than second homes or full-time homes. They are designed for people who want a holiday home in France without the stresses that come with trying to manage a holiday home from another country. For people who are looking for a hands off experience of owning a property in France they are fantastic. The basic principle is that you use the property for your holidays and then it is rented out by Domaine & Demeure when you are not using it. All rental income is shared between the owner (55%) and D&D (45%). There are annual management charges where owners pay D&D to manage their houses and the estate. These costs are based on the actual running costs of the estate plus a 20% margin for D&D to provide this service. I like to suggest to potential buyers that their share of rental income would typically cover the costs of the management charges so that they end up at the end of the year with a zero balance and so effectively have their property fully managed for free. Typically, owners do end up making a profit at the end of the year but I prefer that this profit is not the main focus of a decision to buy. I hope that helps. Simon
It's a personal choice I guess. I have sold a lot of these. The model is not for everyone but for those that are looking for this type of model it works very well. If that's not for you than that's fine also. Horses for courses. Thanks for commenting
These are holiday homes. Current average use by owner for the year is around six weeks full stop this is flexible. Please feel free to email me for more detailed information. simon@languedocpropertyfinders.com
Well presented by LPF, I look forward to seeing the next property.🙂
Thank you very much. Make sure to click on the bell icon to activate your notifications so that you are alerted next time we make a new video. There's another exciting one on its way very soon
This is a beautiful property but it is a Time Share you can dress it up as Holiday Home.. but you failed to say how many weeks an owner can stay there or if one wanted to live there full time..
How Long can an owner stay there
How much are the fees to maintain the property
I'd really love to know ..
Hi there. Thanks for your comments. Please be assured that these are not timeshares. This is a model that works very well for those looking to own a freehold property abroad but don't want the hassle of trying to manage all aspects from another country.
The model is such that there is no black and white answer to your question about usage. The creators of Domaine & Demeure specifically did not want to give owners specific restrictions on usage but these are holiday homes rather than second homes or full time homes. For me, a holiday home is one where you might count your use in weeks throughout a year, while a second home you might count your use in months. I can tell you that currently, the average use by owners across the three domaines is around 6 weeks per year.
If you would like to email me at simon@languedocpropertyfinders.com I can share further information with you.
I hope this helps 😁
Any restrictions on the amount of time the owner can use it? Thanks. Lovely property.
These properties are designed to be holiday homes rather than second homes or full-time homes. They are designed for people who want a holiday home in France without the stresses that come with trying to manage a holiday home from another country. For people who are looking for a hands off experience of owning a property in France they are fantastic.
The basic principle is that you use the property for your holidays and then it is rented out by Domaine & Demeure when you are not using it. All rental income is shared between the owner (55%) and D&D (45%). There are annual management charges where owners pay D&D to manage their houses and the estate. These costs are based on the actual running costs of the estate plus a 20% margin for D&D to provide this service. I like to suggest to potential buyers that their share of rental income would typically cover the costs of the management charges so that they end up at the end of the year with a zero balance and so effectively have their property fully managed for free. Typically, owners do end up making a profit at the end of the year but I prefer that this profit is not the main focus of a decision to buy.
I hope that helps.
Simon
Confused why anyone would sink half a million capital into one of these when they’re freely available to rent as desired
It's a personal choice I guess. I have sold a lot of these. The model is not for everyone but for those that are looking for this type of model it works very well. If that's not for you than that's fine also. Horses for courses. Thanks for commenting
@@languedocpropertyfinders2195 Thanks for that detailed response Simon.
You are very welcome
Stunning! I adore the large window in the upstairs bedroom looking down onto the first floor! 😍
Thank you!! 😊
Can it be lived in permanently or must only be a holiday home??
These are holiday homes. Current average use by owner for the year is around six weeks full stop this is flexible. Please feel free to email me for more detailed information. simon@languedocpropertyfinders.com