Luxurious village-style development in France offers investors a guaranteed 4.5 per cent rental income over nine years

Sherwoods Independent Property Consultants has announced that it will showcase the Cannes Chateau de la mer, a village-style development of terrace cottages located in Cote d'Azure, France, during its participation at the Earls Court event, the only overseas property exhibition in the UK. The Cannes Chateau de la mer is among Sherwoods' premium property offerings as it guarantees investors a rental income of 4.5 per cent over nine years under the French leaseback program.

Cannes Chateau de la mer is a perfect getaway haven as it is nestled between the hills and the sandy beaches of Mandelieu, some 40 kilometres West of Nice and only nine kilometres from the centre of Cannes and its famous "Croisette" and film festival hall. The development's fully furnished and fully serviced split level houses are equipped with spacious living rooms and a bedroom on a duplex level, while each cottage comes with a parking and private garden area.

Iseeb Rehman, Managing Director, Sherwoods Independent Property Consultants said: "The Cannes Chateau de la mer will surely attract both investors and property buyers looking for an exclusive getaway in France. The luxurious, fully serviced development is well equipped with a wide selection of amenities for leisure, recreational and social activities, plus it is a short distance away from the centre of Cannes, one of the best-known and most luxurious cities of the French Riviera. With a guaranteed nine-year rental income, Cannes Chateau de la mer is certainly a premium property offering that should not be missed during the Earls Court event."

The Cannes Chateau de la mer development, which has been fully completed, also features two swimming pools, a club house cafeteria, a bar, a kids play area and a sports area for basketball, football and other ball games. There are also many golf courses nearby, including one of the oldest in France that enjoys a great reputation for being designed on the model of the famous St Andrews course in Scotland.

Prices for the Cannes Chateau de la mer start from 216.600 euro (VAT included); while buyers are required to pay only a 10 per cent deposit in order to reserve a property. The balance can be paid either through mortgage or cash in four to eight weeks time from the date of reservation.

Founded in 1988 in the UK by Iseeb Rehman, Sherwoods has grown to become one of the leading international real estate companies. Sherwoods has established several international branch offices in the UAE, UK, Bahrain, Karachi and soon in other key locations around the world. The company offers a diverse range of services, including search and acquisition of properties, offshore company information, selling of properties, mortgage services, valuation and appraisal, legal and tax services, and lettings and management.