Paris 9th district - Leaseback furnished and equipped studio apartment ideal for i...

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

• Condition - Restored / Habitable

Situated in the 9th arrondissement of Paris, the business residence Cosy�s offers fully furnished and equipped studio apartments, and comes with hotel services.


Property type: Leaseback Studios
Address Paris 9
Accommodation Studios
Yield Up to 4.12%
Sizes 37 to 40sqm
Price: €407K to €454K
Deposit 5% to Notary
Sales office: YES

The Development:
Situated in the 9th arrondissement of Paris, the business residence Cosy's offers fully furnished and equipped studio apartments and comes with hotel services. This residence is mainly destined to business travellers as business tourism represented 43.3% of the overall overnight stays in Paris in 2009, this is the opportunity to make a good investment. The services offered by the residence include reception, laundry, cleaning and breakfast. Each accommodation benefits from large bay windows, a fitted and equipped lacquered kitchen with vitroceramic hob and dish washer, exotic wooden furniture and large floor carpet, spacious bathroom with bathtub and separate wcs. The decoration offers harmony in colour and a warm atmosphere. Further equipment include, free WiFi, direct phone line, flat screen with DVD player and access to international channels, safe, study and 3-place sofa, armchairs and coffee table.

The residence boasts a five star rating on TripAdvisor!

NB: The residence also offers garages for €32,450 with a yield of 6.82%.

The Location:
The residence is located in one of the most authentic area of the 9th arrondissement of Paris. It is set between the Grands Boulevards and Pigalle. The Grands Boulevards area of shopping through fares and flagship department stores, as well as the original Opera - hence the common name for the district, is to be found in the southern part of the arrondissement. And the cheap shopping district of Pigalle is in the north of the 9th, closely adjoining Montmartre on the hill above in the 18th. It has also the St Lazare area, which used to be the Impressionists stronghold in Paris. Landmarks are the Opera Garnier, the muse Grevin and the Olympia hall.
Paris, the capital of France, is the country's biggest city. It is one of the world's leading business, tourist, fashion and cultural centres. There are an uncountable number of attractions including the Eiffel Tower, Notre Dame de Paris cathedral, Latin district, Napoleonic Arc de Triumph and the Champs-Elysees. Apart from several historical sites and monuments the city offers a large choice of parks and gardens to relax, evening entertainment and numerous restaurants and bistros to discover the best French and world cuisine. By Eurostar it only takes two and a half hours from London to get to the centre of Paris but there are also many low cost flights from all over the UK.

The management company:
The company exclusively managing this residence is a specialist in the conception and managements of Senior, Hotel and Business residences. With its 10-year experience and more than 150 partners, the company offers efficient advice and skills all the way through from the building conception to the investment management.

The investment scheme:
Your property will be managed by a well known business management specialist.
Commercial lease of 9 years renewable
The buyer will get 19.6% VAT cash back
Rental income paid quarterly
There are 2 investment options: pure investment or up to 1 week occupancy

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

Access:
Paris is the capital of France and is located in the northern part of the country in the Ile de France region.

By train: Paris is 2h30 from London thanks to the Eurostar.

By plane: There are different international airports in Paris, Roissy Charles de Gaulle and Orly, that connect Paris to many UK and other international destinations.

Please Note: French-Property.com do not have any further details about this property. To find out more information or to request a viewing please contact the Agent directly using the form below.