1 bedroom apartment for sale in Ile de France, France - KB746 property details

Property Information

Exceptional low risk investment with low entry costs and government backed Leaseback for 11 years

>>Deal Highlights
? 11 years leaseback fully managed project
? Guaranteed 4.8% yield, index linked to increase every year
? Get involved from only £6,100
? Superb location with direct access into Paris
? 154 fully furnished student appartments
? Huge demand in niche student accommodation market
? High specification inc ADSL Internet access
? Full furniture pack cost included in price
? Up to 100% finance
? 19.6% discount (VAT rebate)
? Completion May 2010

>>Facilities
? Reception Area
? IT Lounge
? Restaurant
? Bank
? Laundry
? Large landscaped garden areas

>>Location
Situated on the edge of the forest, 200m from the RER train station, the Residence of Val de Senart is made up of 154 fully furnished and equipped 2 or 3 star apartments. The layout of the apartments provides a combination of work space and comfortable living. Each apartment is provided with ADSL internet connection, is fully furnished and each kitchen is fully equipped. Each apartment is between 17m2 and 37m2, providing spacious living accommodation in which to enjoy the wonderful student years. The location makes it an ideal place for student accomodation.

>>Leaseback Scheme
The French leaseback scheme stipulates that investors can buy a freehold property outright and then lease it directly back to a management company. The management company will completely maintain your property and you will not need to concern yourself with rentals, ongoing costs, repairs or upkeep throughout the 11 years leaseback period.

>>Guaranteed Return
The Management Company guarantees its investors in Residence Val De Senart an annual return of 4.8%. The return is provided irrespective of property occupancy protecting investors from fluctuations in demand or downturns in the property market over the period of the lease.

>>Index linked
Investors are guaranteed annual returns of 4.8%. All annual returns are linked to the French Cost of Construction Index, so your returns will continue to increase in line with this index. For the last 10 years this has averaged around 2%.

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