Strasbourg - Resale leaseback studio apartment

• Sextant French Property
• http://www.sextantproperties.com
• Tel: 020 7428 4910 info@sextantproperties.com

• Condition - Restored / Habitable

This resale leaseback hotel residence Cerise located close to the heart of Strasbourg offers a 20sqm fully fitted and equipped studio apartment.

Property type: Leaseback Studio Apartment

Address Strasbourg
Accommodation Studio
Price €70200
Sizes 20sqm
Deposit 5-7% to Notary
Delivery date Delivered
Yield Up to 3.66%

The development:
Cerise Strasbourg is ideally positioned close to the Meinau stadium and is just a 10-minute tram ride away from central Strasbourg. This charming residence welcomes guests 24 hours per day to new and modern apartments specifically designed with guest's comfort in mind. Just 20 minutes away from Cerise Strasbourg is the European parliament, which can be directly reached via the tram. The excellent facilities of Cerise Strasbourg include a convenient laundry room. In addition, guests can take advantage of the available dry cleaning services and make use of the handy on-site parking.

The location:
Located on the Franco-German border, Strasbourg has been passed back and forward between the two countries for years. The result is a city and people with a distinctive local identity, combining the reputed efficiency and energy of the Germans with the joie de vivre and sophistication of the French. Strasbourg is far enough away from the capital to be truly independent on a cultural level, with its own opera, France's only national theatre outside Paris and two international music festivals. Strasbourg's great landmark is the Cathedral Notre-Dame in the Old Town, which has remained unchanged since the Middle Ages. Around the Cathedral clusters an impressive array of museums, cafes and restaurants. Stunningly picturesque Petite France, in the Big Island’s (Grande Ile) south western corner, is Strasbourg's medieval quarter and a UNESCO World Heritage site. With its bridges and canals, half-timbered houses and narrow streets, it could not be more different from the ultra-modern City of Europe in northeast Strasbourg where the EU institutions are located.

The Management Company:
The company exclusively managing this residence is a specialist in hotel residences management. It has been created in 2007 by the experience former managing director and creator of an agency managing more than 60 hotels with 5000 bedrooms during 17 years.

Financing:
We have our own French mortgage brokerage service in order to find the most suitable mortgage for each client. Whether you want an interest-only mortgage, a traditional repayment mortgage or hybrid mortgage, we can find the right mortgage for you.

The Investment Scheme:
Your property will be managed by a well known business management specialist.
Rental income paid monthly
Up to 3.66% (yearly income €3362,88)
On-going commercial lease up to 2019.

Access:
Strasbourg is located on the border between France and Germany. It is located 90 minutes away from Stuttgart, 2 hours from Luxembourg and 4h away from Paris.

By train: There are regular 2-hour TGV trains from Paris to Strasbourg.

By plane: There are low costs flights from the UK to Strasbourg international airport.

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