Property Details
2 bed Houses for sale in Paris
Price: £3,000
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Description:
Bedrooms: 1,2
Property description:
A New development situated just 10 minutes from Central Paris! 100% finance available with only the closing costs to pay!
All apartments come with a 9 year leaseback agreement!
THE PERFECT INVESTMENT!!!
Property features:
Property particulars:
Bois d'Arcy, Paris - Leaseback Investment:
A Marvellous Investment Opportunity In The French Capital City
This is a development of 59 dwellings, comprising of Studios which are fully equipped with balcony and car parks
A true global concept, this development consists of a residential area (long stays duration), a village suite (residence with services for long term stay) and a residence specializes in business tourism (short stay to medium term with high end services), this last residence is on sale.
Location:
Bois d’Arcy 10 minutes away from central Paris.
Prices From :
• 94 555 € up to 96 334 €
• Vat (19.6% Of The Sales Price) Reimbursed By The French Government (From: 15 495 € up to 15 787 €)
Average Yield:
• 4.40% Average Annual Rental Income, equating to approximately 3600 €
Completion Date :
July 2009
Management Company:
Suite Village A subsidiary of Equalliance, a company with a capital of 84 million euros
Deposit :
• 5% upon Reservation, then 25% upon signing of deed :
• March 2008 ( VAT can be paid by the developer)
Payment Plan:
Signing of the reservation contract 5%
Signing of the deeds 25%
Foundations of the building completed 5%
Elevation walls 30%
Walls completed 5%
Roof completed 20%
Completion of the construction 5%
Balance at the delivery 5%
LOCAL REAL ESTATE MARKET
Prices evolution:
The last three months : + 5.80%
During the past year : + 3.03%
During the past two years : +8.99%
National Data :
For the tourism business : it represents 10 million people a year who come to visit France for several days for professional reasons. The tourism business in France generates a turnover of 23 billion euros and employs nearly 300 000 people.
The economic importance of this sector is such that tourism business, including through the construction of new residence is the subject of government support French including the introduction in 2007 of a National Committee for tourism business, a committee which was established at the initiative of the Ministry of Economy.
50% of them are for stays of medium to long term and therefore need housing leaving the traditional hospitality: hence the use of increasingly important services to residences known residence or business offering in addition to accommodation many ancillary services such as conference rooms equipped with the latest technologies or meeting halls.
Local data: A buoyant market
Paris is the first destination of World tourism. The department of Yvelines is famous for its Heritage: Chateau de Versailles ,the Saint - Germain-en-Laye, or the Rambouillet forest. The tourism business occupies an important place in this region, indeed the business clientele in the French hotellery reaches more than 46% for 2005.
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