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Ile de France - Val-de-Marne

Last Updated
2007-07-27
Created Date
2007-07-27
local price (EUR)
13,501,900 Euro
UK price
£9,051,336

Area Details

Town
Val-de-Marne
Region
Ile de France - France

Property Details

State of Property
Ready for occupation
Description
At the heart of the Val-de-Seine business park and just a few minutes from Paris, this investment leaseback property benefits from a first-choice location in the heart of a hub of powerful economic development.5% yield minutes from Paris!
About AlfortvilleAn incredible investment opportunity on the doorstep of the City of Lights, minutes from Orly, the countrys second biggest airport, and within arms reach of some of the most beautiful countryside the Continent has to offer, Alfortville is génial!
At the heart of the Val-de-Seine business park and just a few minutes from Paris, this leaseback property benefits from a first-choice location in the heart of a hub of powerful economic development. Home to some of Europes most powerful companies (TNT Messenger, AST Thyssen, Velux, Aventis...), Alfortville is one of Frances most important business centres.

About the propertyThere is limited availability for the Uk and Irish markets for these investment products which comprise: Fully managed premisesFully furnishedSeparate bathroomApartment cleaningBusiness Centre on premisesEntirely equipped kitchenetteMicrowave, dishwasherLaundry and utility roomWiFi & computer room

This property has been conceived to achieve architectural unity with its environment, with particular attention given to its garden landscape.

Furthermore, investors can expect guaranteed incomes secured through an 11 year, renewable, commercial lease with 5% return.

Whilst this is a long-term investment, there is the option to sell the property during the lease period with the advantage of the remainder of the lease being passed on to the new owner.

Furthermore, there is a full refund of the VAT at 19.6%!

FinancingFor example:
A studio at €141,239 (financed on gross price, €5,612 guaranteed annual rental income and a VAT refund of €22,002)

Based on capital repayment 80% LTV mortgage with interest rates varying from 3.45% to 4.1% depending on individual requirements = Approximate monthly repayments including life insurance therefore varying between 684€ to 713€ over 20 years for a studio at €141,239; OR
Interest only 100% LTV mortgage (with 20% down-payment into an investment vehicule) available from 3.5% = Approximate monthly repayments from €441 including life insurance for the same studio

A 2 bed at €285,871 (gross price, €11,617 guaranteed annual rental income and a VAT refund of €45,541)

Based on capital repayment 80% LTV mortgage with interest rates varying from 3.45% to 4.1% depending on individual requirements = Approximate monthly repayments including life insurance therefore varying between €1,385 to €1,443 over 20 years; OR
Interest only 100% LTV mortgage (with 20% down-payment into an investment vehicule) available from 3.5% = Approximate monthly repayments from €893 including life insurance for the same studio

Deferred mortgage repayment can be organised for you so that you do not have to repay the mortgage until the property is delivered.

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The property comes with a 10 year construction warranty and will be fully maintained by a management company as part of the leaseback scheme providing a great long-term investment opportunity.

For further information regarding the property and concept, a full price list and to view floor plans, please contact our property consultants

Plot Details

Property Type
Apartment/Condo
Bathrooms
1
Bedrooms
1
Furnished
No





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