Toulon- leaseback studio apartment for students in a prime location

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

• Condition - Restored / Habitable

In a prime location close to the town centre and the beach, this stylish residence for students offers furnished studio apartments, some with balconies, with a yield of up to 4.14%

Property type: New build Leaseback Apartments
Address: Toulon
Accommodation: studio
Prices: � 87K
Size: 18.01 sqm
Deposit: 5% to notary
Sales office: Yes
Delivery date: July 2011
Yield: Up to 4.14%
Balcony: 1.61 sqm

The development
Situated in a residential district near Toulon town centre and its amenities, this stylish residence houses 114 studios and 4 one bedroom apartments. Services in situ include a reception, apartment cleaning and laundry facilities. The apartments are furnished and include fitted bathrooms, a small kitchenette, cleaning and cooking utensils, a dining table, a desk and bedroom furniture.

The location
The residence is in a prime location, 400 metres from Toulon campus (one of the two major sites of Universite Sud Toulon-Var) and close to the reputed higher education schools (Beaux Arts, Supmeca, ISEN and the law faculty), as well the beaches! Nearby one also finds the Maison de l�Etudiant, a dedicated centre for students. Toulon the capital of the Var department benefits all year long from the gentle Mediterranean climate and boasts a strong economic and cultural drive. This large southern city is intimately linked to the natural environment, and has developed itself strongly in leisure and trade maritime sea activities. Away from the coast, the town centre is full of bustling streets with boutiques, cafes and restaurants. In terms of cultural facilities, there are a plethora of libraries, media centres, cinemas, theatres, an opera house and concert venue.

Activities
Toulon boasts a wealth of sporting facilities with its nautical stadium and Jaureguiberry sports complex- one can practise basket ball, swimming, tennis, gymnastics, rugby, diving, sailing, cycling, roller-blading, hiking, wake boarding, horse riding, archery, rugby...and plenty more.

Local food and specialities
The region is known for its fresh fruit, vegetables, olive oil, honey, red, white and rose wines. Specialities from Toulon include La cade toulonnaise (a pancake made with chickpea flour), Le Chichi Fr�gi (a Provencal donut), l'Aozu (a cocktail made with the Mortem plant and ichiwazu juice).

The management company
The company are recognised specialists in the field of upscale student, tourist and hotel residences and have 20 years experience. Their methods, rigour, savoir faire and experience speak for themselves throughout France and also abroad, with a subsidiary created in 2004 in Morocco.

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 get the right mortgage for you.

The investment scheme
Your property will be managed by a well known management specialist.
Rents are guaranteed by a 9 year commercial lease
The buyer will get 19.6% VAT cash back
Rental income paid quarterly

Access
Toulon is 15 minutes from the resort of La Seyne sur Mer, 1 hour from Saint Tropez, 1 hour 30 from Nice.

By car: A8 then A50 to Toulon or A8 then A57 coming from Nice.
By train: from Toulon train station regional and national trains will take you to Marseille, Aix en Provence, St Raphael, Cannes, Nice and of course up to Paris.
By plane: Toulon is 20 minutes from Toulon-Hyeres International Airport, with direct flights to London Stansted, Rotterdam, Brussels, Brest and Paris-Orly. Nice-Cote d�Azur Airport is 1 hour 20 minutes with regular direct flights to the UK (Birmingham, Liverpool, London, Cork, Southampton) and Marseille Provence Airport is 1 hour away.

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