Leaseback with 4.75% return in Paris Ile de France

Reference: Paris-Carre Le Notre - Leaseback - €108,500 (From 108,500 - 260,000 (Studio,1 & 2 beds))
Location: Paris, Paris

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€108,500 is approximately :

Australian Dollars : $177,182
British Pounds : £86,009
Canadian Dollars : $173,468
Hongkong Dollars : $1,329,456
Japanese Yen : ¥18,198,127
New Zealand Dollars : $225,271
Swiss Francs : F174,694
US Dollars : $170,550

Please note that these conversions are approximate and for guidance only. They do not constitute sale prices.

For Sale
Paris Ile-de-France, Paris, Paris
€108,500



BedroomsHabitableLand Size
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This Property is For Sale by Jenesis - Exclusively Riviera

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Highlights

  • Expected Return 4.75%
  • 30 mins from Paris centre

Description

Studio from: € 108,500
1 bed from: € 168,500
2 bed from: € 260,000
Invest Now: € 12,000
Invest Monthly: € 261
Maturity Value: € 323,702
Expected rent: 4.75%

Property Highlights

- Index linked + asset backed
- 30 minutes from Paris
- Prime Tourist and Business Centre
- Strong rental yield: 4,75 %

Property Details:
This residence is located in Saint Cyr L’Ecole which is only a few minutes away from Saint Quentin en Yvelines.

This business residence is located only 30 minutes from Paris and aims at servicing the corporate business rental market.

This four storey development, with a high spec finish, includes studios and one-bedroom apartments, which are all fully furnished. The units range from 108,500 euros for studios and from 168,500 euros for one-bedrooms (including VAT). Buyers will be entitled to full VAT rebate (19.60%), with guaranteed, index-linked rental returns of about 4.75%. Capital growth in the area exceeded 76% in last 5 years.


Easy access:

-by train: by Eurostar: 2h15 minutes from London to Paris + TGV links to French and European cities + direct access with the RER C (around 35 minutes from Saint Quentin en Yvelines station).
-by car: (using the Eurotunnel, or by ferry). It is a 30 minute drive from Paris with the motorway: A13, A12, N10.
-by plane: Direct access from the Orly airport, direct flights from UK and Ireland to Roissy airport.

Area Information:

The future takes shape in Saint Quentin en Yvelines!

- 1st French department for job creation: + 21.5% in 10 years
- Unemployment rate lower than the national average
- Population growth: 1st in the region (+1.1% per year)
and 4th in the country
- In thirty years, Saint-Quentin-en-Yvelines has become the second largest economic centre in western Paris
- 3,000 companies and 94,000 jobs
- Boasts the largest leisure park in the greater Paris area
- 2 Golf courses, including the National Golf course
- All major transport connections in close proximity



Saint-Quentin-en-Yvelines is composed of some fifty different neighbourhoods, in which one finds a small town approach that carefully unites and integrates single and multiple-family residences, corporate real estate, shops and businesses, local services and equipment.


The heart of European business

The city belongs to the Paris area business network :
- large business centres including Paris Rive-Gauche, La Défense, and the Quartier Central des Affaires (QCA)
- high technology centres at La Defense, and research centres in western Paris such as Massy-Saclay.
- The largest international air traffic network in Europe, with two international airports: Roissy - Charles-de-Gaulle and Orly with 26 flights daily to Madrid, 18 to New York, 15 to Berlin, 12 to Moscow, and 5 flights to Tokyo

Saint-Quentin-en-Yvelines is a green and blue city
Nearly 40% of its geographical area is dedicated to public parks, forests, ponds, and brooks.

Parks and wooded city forest areas, leisure areas (the largest in Paris Region), a sailing club that is affiliated with the French Sailing Federation, the Forest of Port-Royal situated on the outskirts of the Haute Vallee de Chevreuse Regional Park, the la Miniere Ponds and the sources of the Bievre river.

Features

  • Town

Condition and Utility Information

  • Condition - New
  • Roof - New
  • Drainage - Mains
  • Water - Mains
  • Heating - Central heating
  • Electricity - Mains



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