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Property for sale information

 
Residence Ivy sur Seine  
Reference nr: AM423929
Description:

Leaseback student/business residence, excellent location just 5 minutes away from Paris centre and only 15 minutes away from business parks and universities!! Prices are from 79 333 excl vat or 94,882 incl Vat with 4.5% net yield. Avail of a discount of 19.6% under the leaseback scheme.

The residence is located 300 metres away from the RER train station in the up and coming Parisian suburb of Ivry-sur-Seine. This hotel residence offers an excellent placement close to the areas University Pole and Business Centre.

Residence Ivry sur Seine benefits from an exceptional good location and is just walking distance to the beautiful Seine river. A modern contempory building designed to compliment the surrounding area. The apartments within this residence are modern and minimalist offering space and complete comfort.

Residence services include: Front desk, laundry facilities, linens service and breakfast. Constructed by one of the top builders in Franceand will be sold fully furnished, equiped and decorated. Annual Net guaranteed rental income of 4,5% with a 9 year commercial lease with a leading Management company

The rental income is net of: Condominium expenses, City taxes, Insurance, Utility expenses, Replacement of furniture or equipemnt if required. Delivery date scheduled for end of third quarter 2008. This is a new build project offering investors a 19.6% discount off the total sale price backed by the French government.

Ivry-sur-Seine itself is bordering the 13th District of Paris.
Ivry-sur-Seine is served by two stations on Paris Métro Line 7: Pierre Curie and Mairie d'Ivry. It is also served by Ivry-sur-Seine station on Paris RER line C. Orly Airport is locates south from Ivry-sur-Seine.

This region of Ivry Port, is undergoing major infrastructural improvements that will only add to the capital value of the property in the years to come.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 79,333
1 1 123,333
Features:
City
Submission Date:
06-28-2007
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: €79,333
 

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