Properties from Rhode Island to Devon that make good investments

Apartment, Valmorel, Rhône-Alps, France, €1.22m

Where: In the Tarentaise mountains, 128km from Geneva airport.

What: A four-bedroom ski-in/ski-out apartment with a private terrace. The chalet is sold fully furnished and on a freehold basis, provided certain leaseback regulations are met.

Why: Managed by Club Med, the leaseback scheme provides the owner a 3 per cent yield if the property is let for 60 per cent of the year. Club Med also offers families of up to six a free three-week all-inclusive holiday to any of their resorts, worth a total of €48,000.

Who: Erna Low Property, www.ernalowproperty.co.uk, and Club Med Villas and Chalets, www.villas-chalets.clubmed.com, tel: +44 20 7590 1624

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Can Puig de Sa Serra, Campanet, Mallorca, Spain, €4.3m

Where: In Aixartell valley, northern Mallorca, 15 minutes’ drive to Pollensa bay, 35 minutes’ drive to Palma international airport.

What: A newly built hilltop estate, with four en suite bedrooms and views over the Sierra de Tramuntana mountains, all in 37 acres.

Why: Recently reduced from €6.95m to €4.3m, the property could be rented out for €12,000 per week in high season, with a total rental yield of around €200,000 per year (4.7 per cent) if it were rented for half the year.

Who: Engel & Völkers, www.engelvoelkers.com/mallorcanorth,tel: +34 971 53 20 50

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Coombe Hall, Drewsteignton, Dartmoor, Devon, UK, £1.65m

Where: In the northeast of Dartmoor National Park, seven miles from Oakhampton and 12 miles from Exeter, where trains to London take 2 hours 10 minutes.

What: A six-bedroom house built in 1850 with a six-bedroom converted coach house. The property comes with 20 acres and separate staff accommodation.

Why: The coach house alone brought in around £70,000 on holiday lets last year. The current owners also rented out four of the house’s bedrooms for £65,000, making a total rental yield of 8.1 per cent.

Who: Jackson-Stops & Staff, www.jacksonstops.co.uk, tel: +44 1392 214222

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Spoleto, Umbria, Italy, €3.5m

Where: In central Italy, 10 minutes’ drive from Spoleto and 30 minutes’ drive from Perugia airport.

What: A listed, 11th-century former nobleman’s residence, with 14 restored bedrooms. The property includes a 1.5-acre garden and infinity pool.

Why: Current owners live in a three-bedroom apartment, renting out the rest of the property for holiday lets for 24 weeks of the year. Gross annual income is €175,000 (5 per cent yield), with a 35 per cent tax exemption on rental income made from listed buildings.

Who: Cluttons Italy, www.cluttonsitaly.com, tel: +39 075 845 0100

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Wisteria Lodge, Newport, Rhode Island, US, $1.9995m

Where: On Bellevue Avenue, where the Vanderbilts and Astors once spent summers, 30 minutes’ drive from Quonset airport near the state capital, Providence.

What: A 10-bedroom house with a three-bedroom guest apartment. The property has an acre of mature gardens, a pool and a poolside cabana.

Why: While in need of some refurbishment, in the summer this property still rents out at $40,000 per month, making a 6 per cent rental yield. Agents say this could double to $80,000 if the house were modernised.

Who: Lila Delman Real Estate, www.liladelman.com, tel: +1 401 284 4820