Near Geneva - one bedroom apartment ideal for pure investment with 4.20% NET yield

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

• Bedrooms: 1

• Condition - Restored / Habitable

Located near the Franco-Swiss border and 10 minutes from Geneva, the fully refurbished residence La Suisse offers studios to 1-bedroom apartments with 3-star services destined to Geneva businessmen and tourists.

Property type: Leaseback Studios and Apartments

Address Ferney Voltaire
Accommodation Studio to 1 bedroom
Yield Up to 4.20%
Sizes 21 to 38sqm
Price: 82k to 130k euros
Delivery date: April 2011
Deposit 5% to Notary

The development:
Located near the Franco-Swiss border, the residence La Suisse is set at the heart of an international business centre at the edge of Geneva and offers studios to 1-bedroom apartments. With a wide range of hotel 3-star services, the residence is destined to comfortably welcome businessmen and tourists to the Lake Geneva region. Each accommodation comes with a garage and can be purchased furnished. Each hotel-style studio comprises an equipped kitchenette, flat screen tv, desk, dinner table with chairs, wardrobe and shelves and each 1-bedroom apartment has a further sofa bed and coffee table. Including in the services are a fitness club, sauna, Spa, hammam, laundry rooms and bicycle locals.

The location:
Ferney Voltaire lies between the Jura mountains and the Swiss border and forms part of the metropolitan area of Geneva. Ferney�s main attraction is Voltaire�s (French Enlightment writer and philosopher) chateau opened to visitors from May to September. It is located 10 minutes from Geneva, the global city, financial centre, and worldwide centre for diplomacy and the most important international co-operation with New York because of the presence of numerous international organizations, including the headquarters of many of the agencies of the United Nations and the Red Cross. Set on the banks of Lake Geneva (Leman), the city looks out onto the snow-capped peaks of the Alps and Jura mountains jutting out of the deep forests and mystical countryside. The city's proximity to France and Italy add to its appeal for travellers trying to make the most of their European vacations or business trips.

Activities:
There is plenty to do in Ferney and Geneva including skiing, golfing, sightseeing, rafting, going to the opera, to the casino, to museums and art galleries.

Food � local specialities:
Potatoes, local cheeses and regional sausages feature heavily in typical Savoyard cuisine. Traditional dishes include tartiflette (a gratin of potato, cheese and onions), crozets (a type of rustic pasta used to make gratins with cheese), longeole (chicken seasoned with caraway seeds) and fondue. Typical desserts include rioutes (aniseed biscuits), tarte aux myrtilles (bilbery tart) and Bugnes (fried pastry, similar to beignets).

The Management Company:
The management company is one of the leading players in the holiday and business rental business and in the market of the tourist residence, with more than 270 residences in France and around the Mediterranean basin.

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.

The investment scheme:
Your property will be managed by a well known business management specialist.
Rents are guaranteed by 11 year commercial lease (renewable).
The buyer will get 19.6% VAT cash back
Rental income paid quarterly

Access:
Ferney Voltaire is located near the Swiss Border in the Rhone Alpes region. It is 10 minutes from Geneva, 75 minutes from Annecy and 2hrs from Lyon.

By car: from Lyon take the A42 motorway, the A40, then exit 11 towards Annecy and Ferney.

By train: by the Eurostar it only takes two and a half hour from London to get to the centre of Paris. There are regular high speed trains from Paris to Geneva. There are regular bus services from the train station of Geneva to Ferney Voltaire.

By plane: Low cost flights are available from England to Geneva. Regular bus lines serves Geneva airport to Ferney Voltaire.

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