Val De Senart

 
139
Property ID# 5276169
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$134,901
Studio
Paris, Ile-de-France France
Property ID #5276169
Local Currency€90,000 Euro (EUR)
List Date07/03/2009
NeighborhoodParis
Description

Exclusive investment opportunity
Deposit paid by Developer
100% finance
11 year renewable leaseback
Total outlay including fees from EUR10,400


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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Amenities
Residential Property
New Home
Multiple Unit Types
Investment Property
Price Range: $90,000 - $168,000 EUR
Leaseback- 100% finance- Deposit funded by developer
Purchase Incentives:
Assisted Purchase
Deposit Paid
Reduced Price
7 Day Notice
Investment Characteristics:
Assisted Purchase
Deposit Paid
Reduced Price
7 Day Notice
Student Letting
Below Market Value
Low Deposit
Capital Growth
High Yield
Fully Managed
Fully Furnished
Low Risk Profile
Positive Cashflow
Guaranteed Rental
Lifestyle Activities:
City
Amenities and Services:
Parking
Property Characteristics:
Freehold
Property Features:
Garden
Balcony
Terrace
 



 
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