Superbly located in one of the most desirable regions of France, Ellen's Park embraces the French legal structure of Copropriété.
Through this structure, the purchasers of the 38 apartments will also jointly and proportionately own all the common areas, This includes 31 acres of parkland, a restaurant and the spa and specialist wellness clinic.
Combining these income-producing facilities, with above-average rental income, most owners at Ellen's Park will enjoy a capitalisation rate of around 11% a year. This is based on 50% of the year for use by the owners and 50% by third parties.
Unlike most Copropriété properties, we are targeting corporate clients who are seeking innovative, tax-efficient ways, to improve staff retention and reduce absenteeism through health-related issues such as chronic stress, long Covid, sleep disorders, chronic pain and PTSD.
This shovel-ready project will see the transformation of La Cabane, a former monastery and boarding school into 38 apartments centered around the courtyard. Adjacent to the apartments and located within the former church (building 5) are the reception, offices, lounge and restaurant, The spa and clinic are to be located a short walk from the apartments, close to the main entrance.
This architectural image features buildings 2 & 3 at Notre Dame de la Cabane. Building 2 will feature four duplexes each with incredible views across the valley plus two dual aspect penthouses.
Buildings 3 and 4 offer a wide range of accommodation including three garden villas and three townhouses, all with private plunge pools. There are also four spectacular penthouses. Building 1 (below) will have six two-bedroom apartments.
We are seeking to raise €2,000,000 (US$ 2,218,000) in exchange for a 30% equity share in the project. Our projections show an ROI of around 76%. Split investments may be considered.
We anticipate selling all of the apartments within 24 months, which means a realistic annualised ROI of around 38%, making this an easy in and quick out investment.
€1,520,000 Already invested - land purchase, permits & research
€17,824,813. - Projected costs
€24,552.750 - Projected sales revenue
€6,617,937 - EBITDA excluding €1,520,000 already invested.
By investing in Ellen's Group, you open up the opportunity to become a resident in France providing access to one of the finest lifestyles in the world.
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