NTC International Start Offering Affordable Leaseback and Resale Properties in France for Middle-Class Buyers

Montpellier, France, October 03, 2012 --(PR.com)-- Says Mr. G. Gantchev, Director of Sales at NTC: “France offers long-term capital growth and is economically and politically stable. It has a great appeal for our Russian and English speaking clients. Our goal is to promote affordable properties in those beautiful and carefully selected locations along the Mediterranean coast that still remain under the radar screen of the wealthy buyers and therefore offer excellent opportunities for middle-class people. When compared to other popular destinations such as Paris and the Cote d’Azur, Languedoc-Roussillon real estate market is very attractive- starting under 3000 euros per sqm, as opposed to 6000 – 9000 euros per sq.m. on the Cote d’Azur and Paris. France is the EU country with the highest demographic growth and the need for new homes is estimated at 900 000. The Languedoc-Roussillon region attracts 30000 newcomers each year looking to buy or rent. It’s also one of the most visited. An average of 15 million tourists annually. That’s more than Tunisia and Morocco combined.”

Currently, NTC International offers new properties under various leaseback schemes with guaranteed rental income and classical purchases in the regions of Montpellier, Perpignan, the Eastern Pyrenees, ski resorts, Charente-Maritime, Normandy, international golf courses, etc. The full leaseback products generate 4-6% net rental income guaranteed for 9 years by law. On the secondary market the company has built a portfolio of over 1000 listings of typical French houses, old stone barns and farms for renovation, gites for sale, chateaus, maisons de maitre, cottages, manors and beachfront villas and flats.