Sofia-Antipolis - Leaseback apartment with parking lots and swimming pool

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

• Condition - Restored / Habitable

Situated close to the main roads to Sophia Antipolis, this student residence offers studio to 2-bedroom furnished apartments with sunny terraces and underground parking lots and comes with a shared swimming pool.

Property type Leaseback Apartments
Address Antibes
Accommodation Studio to 2 bedroom
Price €109K to €167K
Size 19 to 54sqm
Deposit 6-8% to Notary
Delivery date 3Q2013
Yield Up to 4.33%

The Development:
Situated close to the main roads to Sophia Antipolis, this student residence offers studio to 2-bedroom furnished apartments with sunny terraces leading out onto the shared swimming pool. The residence also features a gym, reception rooms, laundry services and a breakfast area. Underground parking places are available with some apartments. The development construction combines modern equipment and eco-friendly materials such as wood, with elegance and comfort. Certified Low Consumption Building (BBC - eco-friendly construction respectful of the environment and those who occupy it), the residence will curb energy expenses and therefore delight the residents as well as the owners. Each apartment consists of a ‘living space’ with equipped kitchen on bamboo parquet floor and a ‘night space’ with a bedroom and a separate bathroom. Some apartments could be grouped together to offer a larger living area.


The Location:
Antibes is one of the most well-known seaside resorts set between Cannes and Nice, in the Alpes Maritimes department. Its prime location on the glamorous and exclusive Cote d’Azur allows residents to enjoy the best of all worlds – the glamour and exclusivity of the city and miles of golden sand are within easy reach. Characterised by tall houses, narrow paved streets, 48 beaches along 25 km of coastline and many yachting harbours is a perfect place for a holiday destination as well as a permanent stay. There are many festivals including the famous Jazz a Juan event which is one of the top jazz festivals in the world. Sophia Antipolis is a technology park northwest of Antibes and southwest of Nice. Since its creation in 1968, Sophia Antipolis has had a reputation for innovation, reflected in its contemporary yet elegant architecture and combining quality with an exceptional living environment.



Management Company:
The company exclusively managing this development is listed on the Paris stock market and manages 40 other sites in France (leaseback properties and holidays parks).

Investment Scheme:
Your property will be managed by a well known business management specialist.
Rents are guaranteed by commercial lease (renewable).
The buyer will get 19.6% VAT cash back
Rental income paid quarterly
VIP member card to the buyer which give access to special offers such as a week holiday in any residence of the Management company for 50 euros.

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.

Activities:
Various activities are on offer, with two golf courses nearby, a swimming pool, a regional natural park with a botanical trail, hiking and bridle paths, handicrafts (glassware, pewter, pottery, wrought iron) and of course water-sports, as the sea is only 4 km away (sailing, canoeing, diving, wake boarding, surfing...).

Food – local specialities:
The cuisine of Provence relies heavily upon fresh fish, vegetables and fruit- tomatoes, peppers, melons, peaches- as well as garlic, olives and olive oil. Local dishes include ratatouille (a vegetable stew), brandade de morue (a thick cream with cod, olive oil, garlic) and daube provencal (a stew with braised beef). A local wine is made using Servan grapes, a variety which is said to keep until Easter.

Access:
Sophia Antipolis is in the Alpes Maritimes department of Provence Alpes Cote d’Azur, 10 minutes from Antibes, 20 minutes from Cannes and 25 minutes from Nice.

By car: A8 motorway Cannes, Nice, exit 44 for Sophia Antipolis
By train: Antibes is on the high speed TGV line to Paris.
By plane: Nice Cote d’Azur International Airport is only 20 km away with regular direct flights to the UK and the rest of Europe.

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