Earn A Guaranteed 10% Per Year From Your Chateau In France--Here's How
March 7, 2014, Limousin, France: Chateau Cazine in Limousin, France, is an appealing French Leaseback opportunity, guaranteeing a return of 10% per year.Dear Live and Invest Overseas Reader,
The French chateau resort development that I told you about in December got news last week that its restaurant has been awarded its first Michelin Star. That just 18 months after opening. That is no small feat and bodes well for investors in the project.
The property is Chateau de la Cazine in Limousin, France, a chateau on 90 hectares that has been purchased by a UK developer and is being transformed from a modest hotel with an excellent restaurant to a full-fledged destination resort with a spa, a golf course, and that same excellent, now Michelin Star restaurant.
The heart of the property is a petit chateau whose foundation dates back to the 12th century. This picture-postcard-perfect historic structure is being renovated into the new resort's luxury spa center and is expected to be an important draw.
However, the main event is the main chateau, imposing and grand, built in 1898 and every bit the picture of French chateau life. This building has been renovated already and is up and running as a boutique hotel with 18 deluxe rooms and the fine-dining restaurant.