Languedoc, France, from 360,000 Euros; Investment Opportunity

Article excerpt

CENTRED around a 17th-century chateau known locally as the Versailles of Languedoc, Domaine de Lavagnac is a 500m euro golf and spa resort situated less than an hour's drive from the medieval town of Carcassone.

Interest is already high, with 180 properties in the first phase of the development selling out within four months of being launched.

Surrounded by olive groves and lush vineyards, the development will also feature 650 luxury residences, an 18-hole international golf course, a tennis academy, conference centre, gourmet restaurants and boutiques.

Purchasers of properties at Domaine de Lavagnac can cash in on a range of incentives, including a leaseback deal which qualifies buyers for a 19.6% rebate of French TVA.

As well as the spectacular scenery within the 192-hectare Domaine de Lavagnac development, this golf and spa retreat is ideally located, less than 15 minutes' drive from the Mediterranean coast and its wonderful white sandy beaches, and just 30 minutes from France's most popular city, Montpellier.

There are also five international airports within an hour's drive from Domaine de Lavagnac, offering a choice of low-cost flights to this luxurious holiday destination.

Scheduled to open in 2011, Domaine de Lavagnac really is set to be the most exclusive address in the area, being the first five-star tourism development in Languedoc. …