Paris, France - 2 Bedroom apartment property for sale. This fantastic apartment is situated in an off-plan, luxury development located close to all amenities. The development has an integrated world renowned AquatoniC® Spa and location on the doorstep of Paris 35 minutes by RER, this project will benefit from the incredible expansion of the area, the future university and hospital and the projects of the Marne La Vallée new town.
This is a four storey residence surrounded by open parkland and a protected wood and adjacent to a luxurious principal residence apartment project to be constructed, and a future five star hotel and casino. It is not overlooked by other buildings and benefits from great light from all directions. The site will be landscaped and tree lined, and the ground floor apartments will have private gardens separated by hedging. The majority of apartments will have balconies or terraces. There is an option for investors to purchase two adjoining lots with interconnecting security doors enabling two units to be transformed into one larger unit at a later date. Prices range from €288,456.
Availability:
Construction of the apartments will begin in Autumn 2005 and is envisaged for completion in the fourth quarter of 2006. The apartment hotel is scheduled to open in early 2007.
5% Net guaranteed rental income with 2 weeks personal use outside French school holidays. This includes use of the integral Spa. 20% discount for extended periods of personal use in this property and 15% discount off other properties operated by Home Business.(Management Company) VAT at 19.6% of the purchase price is refunded to the purchaser shortly after completion, as the development qualifies for tax breaks under the French government ‘Leaseback’ scheme.Rental lease agreement for 11 years, 3 months from Home Business, a French apartment hotel operator, offering a guaranteed rental for the duration of the lease. A further second lease is possible with similar yield guarantees, up to 20 years in total.
Transportation:
Val d’Europe is a well connected town to its region, to Europe and to the rest of the world. Paris centre is a mere 35 minutes using the rapid RER transport network and there are over 40 daily TGVs and Eurostar. It is 30 minutes from the two airports of Paris, Orly and CDG/Roissy. There is also a very extensive highway network with direct access to the autoroutes A4, A104 and A86.
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Paris Val d'Europe, Paris, France