Great investment - Apartments in Montpellier D560
 | Details:
|
Pictures available:
) | ) | ) | ) | ) |
) | ) | ) | ) | ) |
) | ) | ) | ) |
Condition: Good
Full Description: Phase Two now on the market - L'Orée de Montpellier - a development of apartments and facilities lying on the northern perimeter of Montpellier.
The perfect symbiotic use of time! Aimed at students during term time and the tourist industry in the holidays.
Size - 38.6m² and 38.7m².
Price: 129,669E including VAT (108,418 Euros after VAT is refunded - usually within 6 months of delivery)
Furniture included in the price.
Underground parking space with each apartment.
236 apartments in total, plus a service building - all set on 11,800m² of land.
Lease term - 11 years.
Annual yield - 5% of purchase price exc VAT - 5,377.20E per annum.
Built to a high standard, with all facilities considered, these apartments are aimed at the student rental market in term time and at family rentals in the summer (June to September), hence the on-site facilties such as the large swimming pool and sports areas.
This dual target market ensures that the developers can offer high guaranteed returns for these apartments (5%).
The Mediterranean beaches are only a stone's throw away and Montpellier airport just a few minutes' drive.
All apartments have two-bedrooms and a balcony of 4.9m². There are four styles of apartment - see lot plans opposite.
The service building will have an information office, lounge area, laundry facilities, pizzeria, cyber café, breakfast area, caretaker's lodgings. Plus quiet working areas to work in groups or alone.
There will also be an outdoor swimming pool of 350m², games areas, relaxation areas and footpaths around the landscaped grounds.
There are 88 car parking spaces available.
The light and airy apartments have fully-fitted kitchens including: dish-washer, ceramic hob, microwave oven with grill, plus a television in the living area.
Delivery is rolling out right now (depending on which building you buy in) and final delivery (ie site complete) is set for 31 December 2007.
Other overheads: Notaires fees approx 3000E, mortgage registration fees
approx 2300E, accountants' fees 200E pa which includes the recuperation of
the VAT and annual accounting (as required by French law). You may wish to take out a small supplementary tenants' insurance on the property too.
Small co-ownership fee is usual too - usually about 20-50E - just to cover
admin/postage to inform you of the owners' meetings and subsequent minutes.
All utilities and monthly maintenance charges are paid as well as basic
insurance (inc civil liability) by the rental management company.
Full Description: Phase Two now on the market - L'Orée de Montpellier - a development of apartments and facilities lying on the northern perimeter of Montpellier.
The perfect symbiotic use of time! Aimed at students during term time and the tourist industry in the holidays.
Size - 38.6m² and 38.7m².
Price: 129,669E including VAT (108,418 Euros after VAT is refunded - usually within 6 months of delivery)
Furniture included in the price.
Underground parking space with each apartment.
236 apartments in total, plus a service building - all set on 11,800m² of land.
Lease term - 11 years.
Annual yield - 5% of purchase price exc VAT - 5,377.20E per annum.
Built to a high standard, with all facilities considered, these apartments are aimed at the student rental market in term time and at family rentals in the summer (June to September), hence the on-site facilties such as the large swimming pool and sports areas.
This dual target market ensures that the developers can offer high guaranteed returns for these apartments (5%).
The Mediterranean beaches are only a stone's throw away and Montpellier airport just a few minutes' drive.
All apartments have two-bedrooms and a balcony of 4.9m². There are four styles of apartment - see lot plans opposite.
The service building will have an information office, lounge area, laundry facilities, pizzeria, cyber café, breakfast area, caretaker's lodgings. Plus quiet working areas to work in groups or alone.
There will also be an outdoor swimming pool of 350m², games areas, relaxation areas and footpaths around the landscaped grounds.
There are 88 car parking spaces available.
The light and airy apartments have fully-fitted kitchens including: dish-washer, ceramic hob, microwave oven with grill, plus a television in the living area.
Delivery is rolling out right now (depending on which building you buy in) and final delivery (ie site complete) is set for 31 December 2007.
Other overheads: Notaires fees approx 3000E, mortgage registration fees
approx 2300E, accountants' fees 200E pa which includes the recuperation of
the VAT and annual accounting (as required by French law). You may wish to take out a small supplementary tenants' insurance on the property too.
Small co-ownership fee is usual too - usually about 20-50E - just to cover
admin/postage to inform you of the owners' meetings and subsequent minutes.
All utilities and monthly maintenance charges are paid as well as basic
insurance (inc civil liability) by the rental management company.
Location: It is worth noting that there are over 1000 new people coming to live in the Hérault department each month - we all know the Languedoc Roussillon region is popular, and the Hérault department is the most popular department within this region.
This growth is forecast for up to 15 years and will guarantee strong property value increases for at least this long.
Can Paris offer this sort of growth and price rise guarantees? I think the Hérault wins hands down here...
Location: It is worth noting that there are over 1000 new people coming to live in the Hérault department each month - we all know the Languedoc Roussillon region is popular, and the Hérault department is the most popular department within this region.
This growth is forecast for up to 15 years and will guarantee strong property value increases for at least this long.
Can Paris offer this sort of growth and price rise guarantees? I think the Hérault wins hands down here...
Short Description: October 07 - just a couple left now. Two-bedroom investment leaseback apartments (no personal use) near the university in Montpellier, giving 5% annual returns.
Short Description: October 07 - just a couple left now. Two-bedroom investment leaseback apartments (no personal use) near the university in Montpellier, giving 5% annual returns.
Info:
Tools
Full Description: Phase Two now on the market - L'Orée de Montpellier - a development of apartments and facilities lying on the northern perimeter of Montpellier.
The perfect symbiotic use of time! Aimed at students during term time and the tourist industry in the holidays.
Size - 38.6m² and 38.7m².
Price: 129,669E including VAT (108,418 Euros after VAT is refunded - usually within 6 months of delivery)
Furniture included in the price.
Underground parking space with each apartment.
236 apartments in total, plus a service building - all set on 11,800m² of land.
Lease term - 11 years.
Annual yield - 5% of purchase price exc VAT - 5,377.20E per annum.
Built to a high standard, with all facilities considered, these apartments are aimed at the student rental market in term time and at family rentals in the summer (June to September), hence the on-site facilties such as the large swimming pool and sports areas.
This dual target market ensures that the developers can offer high guaranteed returns for these apartments (5%).
The Mediterranean beaches are only a stone's throw away and Montpellier airport just a few minutes' drive.
All apartments have two-bedrooms and a balcony of 4.9m². There are four styles of apartment - see lot plans opposite.
The service building will have an information office, lounge area, laundry facilities, pizzeria, cyber café, breakfast area, caretaker's lodgings. Plus quiet working areas to work in groups or alone.
There will also be an outdoor swimming pool of 350m², games areas, relaxation areas and footpaths around the landscaped grounds.
There are 88 car parking spaces available.
The light and airy apartments have fully-fitted kitchens including: dish-washer, ceramic hob, microwave oven with grill, plus a television in the living area.
Delivery is rolling out right now (depending on which building you buy in) and final delivery (ie site complete) is set for 31 December 2007.
Other overheads: Notaires fees approx 3000E, mortgage registration fees
approx 2300E, accountants' fees 200E pa which includes the recuperation of
the VAT and annual accounting (as required by French law). You may wish to take out a small supplementary tenants' insurance on the property too.
Small co-ownership fee is usual too - usually about 20-50E - just to cover
admin/postage to inform you of the owners' meetings and subsequent minutes.
All utilities and monthly maintenance charges are paid as well as basic
insurance (inc civil liability) by the rental management company.
Full Description: Phase Two now on the market - L'Orée de Montpellier - a development of apartments and facilities lying on the northern perimeter of Montpellier.
The perfect symbiotic use of time! Aimed at students during term time and the tourist industry in the holidays.
Size - 38.6m² and 38.7m².
Price: 129,669E including VAT (108,418 Euros after VAT is refunded - usually within 6 months of delivery)
Furniture included in the price.
Underground parking space with each apartment.
236 apartments in total, plus a service building - all set on 11,800m² of land.
Lease term - 11 years.
Annual yield - 5% of purchase price exc VAT - 5,377.20E per annum.
Built to a high standard, with all facilities considered, these apartments are aimed at the student rental market in term time and at family rentals in the summer (June to September), hence the on-site facilties such as the large swimming pool and sports areas.
This dual target market ensures that the developers can offer high guaranteed returns for these apartments (5%).
The Mediterranean beaches are only a stone's throw away and Montpellier airport just a few minutes' drive.
All apartments have two-bedrooms and a balcony of 4.9m². There are four styles of apartment - see lot plans opposite.
The service building will have an information office, lounge area, laundry facilities, pizzeria, cyber café, breakfast area, caretaker's lodgings. Plus quiet working areas to work in groups or alone.
There will also be an outdoor swimming pool of 350m², games areas, relaxation areas and footpaths around the landscaped grounds.
There are 88 car parking spaces available.
The light and airy apartments have fully-fitted kitchens including: dish-washer, ceramic hob, microwave oven with grill, plus a television in the living area.
Delivery is rolling out right now (depending on which building you buy in) and final delivery (ie site complete) is set for 31 December 2007.
Other overheads: Notaires fees approx 3000E, mortgage registration fees
approx 2300E, accountants' fees 200E pa which includes the recuperation of
the VAT and annual accounting (as required by French law). You may wish to take out a small supplementary tenants' insurance on the property too.
Small co-ownership fee is usual too - usually about 20-50E - just to cover
admin/postage to inform you of the owners' meetings and subsequent minutes.
All utilities and monthly maintenance charges are paid as well as basic
insurance (inc civil liability) by the rental management company.
Location: It is worth noting that there are over 1000 new people coming to live in the Hérault department each month - we all know the Languedoc Roussillon region is popular, and the Hérault department is the most popular department within this region.
This growth is forecast for up to 15 years and will guarantee strong property value increases for at least this long.
Can Paris offer this sort of growth and price rise guarantees? I think the Hérault wins hands down here...
Location: It is worth noting that there are over 1000 new people coming to live in the Hérault department each month - we all know the Languedoc Roussillon region is popular, and the Hérault department is the most popular department within this region.
This growth is forecast for up to 15 years and will guarantee strong property value increases for at least this long.
Can Paris offer this sort of growth and price rise guarantees? I think the Hérault wins hands down here...
Short Description: October 07 - just a couple left now. Two-bedroom investment leaseback apartments (no personal use) near the university in Montpellier, giving 5% annual returns.
Short Description: October 07 - just a couple left now. Two-bedroom investment leaseback apartments (no personal use) near the university in Montpellier, giving 5% annual returns.
Listed by Jane Hughes
Info:
Tools
French property:
Join our newsletter:
Contact information:
Email: rob@southernfrance.com
Telephone: Fr 0467 24 53 59
Fax: FR 0826421562
www.moving-to-france.com
Telephone: Fr 0467 24 53 59
Fax: FR 0826421562
www.moving-to-france.com
Moving to France © All Rights Reserved 2008/9/10