Village du Haut Val

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Village du Haut Val

Hi,
I've recently been looking into the French leaseback scheme, and in particular the Village du Haut Val development in Normandy. It's a fairly rural setting, with golf, horse-riding etc on site. On the face of it the rental (5.5%) and incentives (6% cashback, legals paid) offered seem incredibly attractive. However, having luckily stumbled upon this website/forum I can see that the statement 'guaranteed rental' needs to taken with a large bucketful of salt.
Does anyone have any experience/views on this development? The management company seem to be absolutely key to a successful leaseback and I can't find any info on the the one running Village du Haut Val, who are I think are called GESTION DE L'HOTEL DE BELLEME.

I read somewhere that if something seems too good to be true then it probably is. My interest is cooling rapidly, but I'd still very much appreciate any comments.

Sean

Who is the promoter and how come the yield is so high?