Details: Ref: 1198 Type: Price: €80,000 City: Montpellier Bedrooms: Bathrooms: Surface ms: 26m²

Condition: Good
Full Description: SOLD OUT MAR 07

Excellent 4.8% returns and superb long term investment potential. Montpellier's population of 450,000 comprises 14% students at any one time. Email me now for details.

75 City-centre located studios in Montpellier - this is an investment leaseback as there is no personal use associated with ownership of these apartments.

Various types available now - type A, A' and B. Please ask me for the info pack which includes current availability, studio type, aspect of the lot and pricing adn income details.

4.8% returns.

c.80,000E after VAT rebate (c.96,000E inc VAT).

9 years initial leaseback term.

Deposit 5% due on reservation, then 20% due when the title deeds are signed off as soon as you have your mortgage offer, with delivery at the end of June 2007.

Management company - The parent management company is Elithea (http://www.elithea.fr/), with Grand Sud Acceuil being the local subsidiary looking after this development (http://www.grand-sud-accueil.com).

Email me now for stock details and more information.

Short Description: SOLD OUT MAR 07. Student accommodation. Excellent 4.8% returns and superb long term investment potential. Montpellier's population of 450,000 comprises 14% students at any one time. Email me now for details.

Listed by Jane Hughes

Info: 

Tools