New Holiday Home Development Rheims France

The P&V Group who own Centre Parcs Europe have announced they are about to build a £155 million holiday home development near Rheims in France. The project which includes 700 holiday cottages, indoor and outdoor pools, 27 hole golf course, restuarants, bars, a lake, a beach and much more besides, is due for completion at the end of 2006.

The company are offering investors freehold ownership of leaseback properties, guaranteed rental yields and no capital gains tax. In adddition, investors will receive a VAT refund on their purchase, a tax saving of 19.6% on the pre-acquisition prices. And as if that wasn't enought, owners will be afforded a 20-25% discount on stays at all P&V resorts!

Check back regularly for updates on this project!