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Property for sale information

 
Port Marly, West Paris  
Reference nr: AM379284
Description:

Located in one of Paris’ main suburbs in the midst of traditional French architecture. Ideal location close to Versailles & St. Germain en Laye, 21 KM west of Paris
studios to 1-bed with guaranteed yield of 4.75%. Buy excl VAT so gain 19.6% immediately!

This attractive new residence will be situated in Le Port Marly, a stylish and leafy western suburb of Paris, just 30 minutes on the RER (commuter train) from the centre of the French capital city. This four storey building will include 120 studios to two bedroom apartments, 50 of which are being released in the first phase which is due for completion 3rd quarter 2009.

Each apartment will be delivered entirely furnished, with air conditioning, Wi-Fi internet access, fully fitted bathroom and kitchen including all electrical appliances.

This leaseback residence will offer many services, including a reception area, laundry, and parking.
Sitting in beautifully landscaped surroundings, the property will be built along the banks of the Seine River, facing the La Loge Island.

It is very centrally located, close to shops, schools, public transport, the RER St Germain-en-Laye railway station, the A13 and A14 motorways and will benefit from a most pleasant natural environment.

The location : The historical town of Le Port Marly is part of a protected area, close to several chateaux, and namely the famous Chateau Monte Cristo home to Alexandre Dumas, author of The Three Musketeers. The commune covers 140 hectares of land with 50 hectares of unspoilt natural greenery although it is only 30 minutes by train to the centre of Paris, 10 minutes from Saint-Germain-en-Laye and 11 km from Versailles.

Le Port Marly, once a sleepy provincial town has become one of the most sought after suburbs of Paris and offers residents the best of both worlds between city and countryside. A dynamic local council has worked to enhance the rich historic past of this delightful little town while ensuring it offers all the modern infrastructure necessary for living in comfort today.

Our opinion: With 44 million people visiting the Parisian area every year, this region is the first destination in the world and the residence will be fully let all year round to short term visitors, both tourists and corporate travellers.

A sound investment, with a very good rental return and a high potential for capital appreciation, strategically located.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 109,205
1 1 172,918
Features:
City
Submission Date:
06-26-2007
Advertiser Details:


Name:
Anita McGuire

Company:
Property Paths

Phone:
065 6823988
Fax:
065 682 3961
Mobile:
087 6336284

 
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Calculators

 
Property price: €109,205
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations