Ref 1341783, Ile-de-France, Paris, France

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  Exceptional low risk investment with low entry costs and government backed Leaseback for 11 years and 19.6% VAT Funding from the developer making the initial investment only  €10,400
EXCLUSIVE OFFER
- Limited availability - New Finance Structure - Significantly Lower Capital Outlay- Minimal Currency Fluctuation Risks- Total Buying Costs from only €10,400
PROJECT HIGHLIGHTS
- Superb location with direct access into Paris- Huge demand in niche student accommodation market - High specification inc ADSL internet access- Full furniture pack cost included in price- Up to 100% finance on purchase price- 19.6% discount (VAT rebate or developer's incentive) - Completion March 2010- 11 years leaseback fully managed project- Guaranteed 4.8% yield, index linked to increase every year
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.
>> VAT refund: The French government have introduced the leaseback scheme to help incentivise investors to purchase property. With this scheme the government will refund the VAT (19.6%), included in the purchase price, upon completion of the property. This represents a significant saving on the initial cost.
>> 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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