studio apartment leaseback in Provence - Cote d`Azur, France - 1052002 property details

Property Information

The Residence
Property Type: Studio properties
Price in EURO: From €230,000 to €308,000 excl.VAT (incl.Funiture)
Guaranteed Income: 3.80%
Lease Length: 9 years
Delivery Date: 2nd Quarter 2011
Facilities: Air conditioning, parking rights, furnished and equipped properties, and secured residence

A strategic location benefits from this investment project at the border of Monte-Carlo and all the amenities offered. It is only 5 minutes walk to the Casino, the Hotel de Paris and the luxury shopping district and 10 minutes to the Monte-Carlo beach. This investment offers accommodation for all the business and millions of tourists who visit Monte-Carlo every year.
76 units are for sale in this project. The lodgings are studios offering accommodation for 2 to 3 people. All the units will have large terraces and access to underground parking (not for sale).
This investment project is a completely renovation one where the residence will be refurbished inside out. It will offer competitive and comfortable accommodation for those looking to avoid the high hotel prices near by.

Location
Beausoleil
Situated in the heart of Beausoleil this residence has an exclusive location. Monaco, famous for its Casino, the Royal Palace, the Marina with all the luxury yachts and its chic and exclusive boutiques, is a playground for the rich and famous from all over the world.
Monaco itself needs little introduction, lying between Nice and the Italian border being the home of Formula One and the ultimate playground for the rich and famous. The views over the Mediterranean from Monaco are stunning, and the A8 motorway and train service make it a very easy place to get in and out. Parking is no problem even in August. Having attractions like the Casino, the boutiques and many restaurants, Monaco really is the place to be.
Access
By road:
20 km from Italy (A8), 20 km from Nice, 56 km from Cannes, 209 km from Marseille (A7), 955 km from Paris.
By train:
Monaco-Monte-Carlo train station, TGV to Lyon and Paris in Nice, International connections: Marseille-Milan, Paris-Vintimille etc
By plane:
Nice-Côte d’Azur international airport (22 km): direct flights to 27 countries, numerous daily flights to French cities (among others: 47 daily flights Paris-Nice).

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